New Line Cinema confirmed Friday that it is considering filming the two-part, US$500 million “Lord of the Rings” prequel “The Hobbit” outside of New Zealand due to the actions of unions. “The actions of these unions have caused us substantial damage and disruption and forced us to consider other filming locations for the first time. [...]
Fannie Mae and Freddie Mac, the mortgage-finance companies operating under U.S. conservatorship, may need as much as $363 billion in Treasury Department aid through 2013, the Federal Housing Finance Agency said. FHFA, which oversees the government-sponsored entities, offered the estimate as a worst-case scenario in an analysis modeled on the stress tests conducted on the [...]
Finding an apartment in Manhattan just got easier. Real Deal Solutions Inc. announced today the release of its innovative web site, located at RealDealNY.com, which gives buyers, renters, and agents a real time search platform for locating apartments for rent or sale in Manhattan, Brooklyn, Queens, Long Island and the Tri-State area. Real estate professionals [...]
Beyonce and Jay-Z, who married in 2008, will welcome their first child next year, Usmagazine.com reports. She was rumored to be pregnant back in March, but that report turned out to be false. The pregnancy reportedly surprised Beyonce, who planned to have children but wanted to finish another album and a world tour first, a [...]
Two biggest and most profitable products that Microsoft offers are Office and the Windows operating system. The company has announced this week that it is set to start testing a new cloud-based online version of Office that will battle directly against Google Docs in the business market for productivity software. The new service is called Office [...]
U.S. stocks drifted between gains and losses as investors awaited more third-quarter earnings reports and speculated about the Federal Reserve’s intentions to protect the economic recovery. Chesapeake Energy Corp. gained 2.5 percent as China’s Cnooc Ltd. agreed to buy part of the company’s Eagle Ford shale oil project. Monsanto Co. rose 2.5 percent as corn [...]
The trial on a patient with severe spinal injuries is the first to test a treatment that has huge potential to cure disease and disability. But it is also highly controversial and considered unethical among many Christian and “pro-life” groups The results of the procedure, carried out by privately funded company Geron, will be awaited [...]
Microsoft on Monday announced its initial arsenal of handsets built around the new Windows Phone 7 mobile operating system, in what many believe is the company’s last-ditch attempt to regain traction in the mobile handset arena that’s fallen into the hands of rivals like Apple and Google. The Redmond, Wash.-based software giant is pitching the [...]
Warner Bros on Friday said it abandoned plans to convert the next Harry Potter movie to 3-D, bringing mixed reactions from box office watchers and fans of the multibillion-dollar blockbuster franchise. The Hollywood studio said it was unable to produce a 3-D version of “Harry Potter and the Deathly Hallows: Part I” in time for [...]
More than two-thirds of social network users around the world are maintaining their profiles and reading each other’s posts, according to a recent study by Forrester Research; however, many of these users remain wary about adding their own two cents to the online conversation. This gap between the types of people found on social networking [...]