NEW YORK (Reuters) - A U.S. judge handed outspoken hedge fund manager David Einhorn a victory in his battle with Apple Inc on Friday, blocking the iPhone maker from moving forward with a shareholder vote on a controversial proposal to limit the company's ability to issue preferred stock. U.S. District Judge Richard Sullivan in Manhattan granted a motion by Einhorn's Greenlight Capital...
Fans injured when car sails into fence at Daytona
Label: SportsDAYTONA BEACH, Fla. (AP) — At least 12 NASCAR fans were injured Saturday when large chunks of debris, including a tire, sailed into the grandstands when a car flew into the fence at Daytona International Speedway on a frightening last-lap accident in the second-tier Nationwide Series race.The crash began as the field closed in on the finish line and sent rookie Kyle Larson's car sailing into the fence...
FDA approves new targeted breast cancer drug
Label: HealthWASHINGTON (AP) — The Food and Drug Administration has approved a first-of-a-kind breast cancer medication that targets tumor cells while sparing healthy ones.The drug Kadcyla from Roche combines the established drug Herceptin with a powerful chemotherapy drug and a third chemical linking the medicines together. The chemical keeps the cocktail intact until it binds to a cancer cell, delivering a potent...
Oscars expand social media outreach for 85th show
Label: EntertainmentLOS ANGELES (AP) — The Academy of Motion Picture Arts and Sciences is encouraging celebrities to tweet during the Oscars.The film organization has expanded its digital outreach for the 85th Academy Awards with a new feature that lets stars to snap photos of themselves backstage during Sunday's ceremony and instantly post them online.What Twitter calls a "Magic Mirror" will take photo-booth-style pictures...
Promise, peril seen for crowd-funding investors
Label: Business Crowd funding is widely seen as a revolutionary idea.A 2012 federal law known as the JOBS Act opens the door to allowing small,...
Feb
22
Jail officers ordered inmate beating, prosecutors say
Label: World Two Cook County Jail officers overseeing a high-security psychiatric ward ordered two inmates to beat up another inmate who...
Einhorn wins ruling against Apple in cash pile fight
Label: TechnologyNEW YORK (Reuters) - A U.S. judge handed outspoken hedge fund manager David Einhorn a victory in his battle with Apple Inc on Friday, blocking the iPhone maker from moving forward with a shareholder vote on a controversial proposal to limit the company's ability to issue preferred stock. U.S. District Judge Richard Sullivan in Manhattan granted a motion by Einhorn's Greenlight Capital...
Oscar Pistorius gets bail as murder trial looms
Label: SportsPRETORIA, South Africa (AP) — Oscar Pistorius walked out of court Friday — free at least for now — after a South African magistrate released him on bail, capping four days of often startling testimony that foreshadowed a dramatic trial in the Valentine's Day slaying of his girlfriend.But as he was driven away, chased by photographers and cameramen, questions continued to hound the double-amputee Olympian...
'Parade's End' keeps British TV invasion going
Label: EntertainmentLOS ANGELES (AP) — Tom Stoppard is sitting on the patio of a Sunset Boulevard hotel, bathed in California winter sunshine, framed by bamboo landscaping and looking very much out of his element in Hollywood.The acclaimed British playwright professes to feeling that way as well, despite having pocketed a Writers Guild of America lifetime achievement award the night before for his screenplays, including...
Air travel could be hit in sequestration budget cuts
Label: Business U.S. airports and fliers around the country face widespread disruptions if automatic spending cuts take effect next week, Transportation...
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