Intel CEO Paul Otellini to retire in surprise move

SAN FRANCISCO (AP) — Intel CEO Paul Otellini dropped a bombshell on the company’s board of directors last week, telling them in private that he plans to retire from the world’s largest maker of microprocessors in May. Otellini‘s move comes at a time when Intel faces a shaky economy and a mobile gadget craze that is eating away at demand for its PC chips...

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Intel CEO Paul Otellini to retire in surprise move

SAN FRANCISCO (AP) — Intel CEO Paul Otellini dropped a bombshell on the company’s board of directors last week, telling them in private that he plans to retire from the world’s largest maker of microprocessors in May. Otellini‘s move comes at a time when Intel faces a shaky economy and a mobile gadget craze that is eating away at demand for its PC chips...

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Mitt Romney a Twihard? Candidate and Wife Take in “Twilight” Finale

LOS ANGELES (TheWrap.com) – He may have missed out on becoming leader of the free world when he lost the election to President Obama, but Mitt Romney is keeping busy – with the romantic vampires and werewolves of “Twilight.”Saturday night, he was spotted with his wife Ann heading into a showing of “Twilight Saga: Breaking Dawn – Part 2″ at a cineplex in...

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Court rejects Hobby Lobby’s challenge to contraceptive mandate

OKLAHOMA CITY (Reuters) – A federal judge on Monday denied a legal challenge to President Barack Obama‘s signature health reforms, ruling that the owners of a $ 3 billion arts and crafts chain must provide emergency contraceptives in their group health care plan.The owners of Hobby Lobby asked to be exempted from providing the “morning after” and “week...

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Virgin wins Heathrow routes bid

18 November 2012 Last updated at 22:19 ETVirgin Atlantic has been offered the rights to operate Heathrow links to Edinburgh and Aberdeen. Sir Richard Branson’s airline bid successfully for the London landing slots formerly operated by BMI.The slots were released to others by regulators as a condition of allowing the...

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Rebels in Congo reach door of Goma

GOMA, Congo (AP) — A Rwandan-backed rebel group advanced to within 3 kilometers (1.8 miles) of Goma, a crucial provincial capital in eastern Congo, marking the first time that rebels have come this close since 2008.Congolese army spokesman Col. Olivier Hamuli said the fighting has been going on since 6 a.m. Sunday and the front line has moved to just a...

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Soccer-Liverpool’s Sterling apologises to Watson over collision

Nov 18 (Reuters) – Liverpool winger Raheem Sterling has wished Wigan Athletic‘s Ben Watson a speedy recovery after a freak collision between the pair on Saturday left Watson with a suspected shin fracture.Sterling, who made his England debut midweek, used his Twitter account to offer an apology to Watson following the Reds’ 3-0 win at Anfield. Midfielder...

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Soccer-Liverpool’s Sterling apologises to Watson over collision

Nov 18 (Reuters) – Liverpool winger Raheem Sterling has wished Wigan Athletic‘s Ben Watson a speedy recovery after a freak collision between the pair on Saturday left Watson with a suspected shin fracture.Sterling, who made his England debut midweek, used his Twitter account to offer an apology to Watson following the Reds’ 3-0 win at Anfield. Midfielder...

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Movie industry has shed 16,000-plus jobs in L.A. since 2004, study says

LOS ANGELES (TheWrap.com) – The motion-picture industry has lost more than 16,000 jobs in Los Angeles County since the peak year of 2004, according to a new study by the Los Angeles County Economic Development Corp.And according to the study, “runaway productions” that have moved out of the county due to tax incentives in other areas could be to blame. The...

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Four year bans proposed under new WADA Code

(Reuters) – Athletes guilty of serious doping offenses will be suspended for four years from 2015 under proposals being considered by the World Anti-Doping Agency (WADA), but there are no plans for a specific rule to ban offenders from the Olympics.Currently, athletes found guilty of a first major doping offense are handed a two-year ban with any subsequent...

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