Wednesday ABC said the network has completed its “upfront” advertising sales, keeping pace with competing networks CBS and Fox. This season has created one of the fastest, most lucrative run on “upfront” ads. The details of the negotiations with advertisers was not disclosed publicly, but according to sources close the negotiating table, ABC won a [ Read More ]
Thursday Monster Worldwide Inc said the company’s employment index rose to 134 for the month of May. Previously, the figure settled at 133 in April. The company’s report corroborates the findings of a private research group that claimed the demand for corporate employment rose again for a fourth straight month of gains, the best levels [ Read More ]
Saturday the distributor for the Oscar-winning documentary “The Cove” said two Tokyo screenings have been canceled. The film chronicles an annual dolphin hunt in a secluded cove in Taiji, southern Japan. In the film, activists struggle with Japanese authorities and fisherman in order to gain access to the site of the dolphin hunt, which is [ Read More ]
MGM’s remake of the film “Red Dawn” (1984) has drawn criticism from one of China’s flagship state-run newspapers for two straight days. One editorial printed Monday in the Global Times read, “U.S. reshoots Cold War movie to demonize China.” Tuesday the same newspaper printed the story, “”American movie plants hostile seeds against China.” The Beijing-based [ Read More ]
Saturday the International Monetary Fund (IMF) said the continuing growth of the global economy might be stalled if the G-20 nations do not agree on a plan to rebalance global demand between wealthy and developing states. The IMF said in a statement that economic policies to cut budget deficits among the wealthier nations and boost [ Read More ]
Friday Timothy Geithner, U.S. Treasury Secretary, will convene with South Korean finance minister Yoon Jeung-hyun during the G-20 summit in Toronto. Talks between the financial authorities in each of the 20 nations represented at the global summit of the world’s most powerful industrial nations will mostly take place behind the scenes at the conference, officials [ Read More ]
Tuesday the U.S. Commerce Department released a statement that claimed April spending on construction jumped to a ten-year record monthly increase. The figures were unexpected but welcomed as the U.S. economy continues a staggered recovery. The government report said total spending on construction jumped 2.7 percent. The spending now totals $869.1 billion annually. The April [ Read More ]
38,000 unsold tickets to the World Cup in South Africa will be placed on sale for $300 by FIFA on Monday. Soccer’s governing body announced the ticket sales Saturday with the tournament scheduled to begin next week. Some of the tickets available for the matches include luxury seating with complimentary drinks. FIFA has said that [ Read More ]
Thursday Microsoft CEO Steve Ballmer spoke confidentially – with Microsoft Chief Software Architect Ray Ozzie at his side – about the software company’s future earnings as more consumer’s move away from PCs to smaller, portable devices like tablets and smart phones. Ballmer said his company’s Windows operating system would soon make the transition into the [ Read More ]
Thursday Major League Baseball Commissioner Bud Selig said the professional baseball league would reexamine the use of instant replay in the sport. The statement follows a controversial out call by umpire Jim Joyce that cost Detroit Tigers pitcher Armando Galarraga MLB’s 21st perfect game in the history of the sport. Joyce erroneously called a baserunner [ Read More ]
Consumer Reports said recently that anti-depressant medications are the preferred ...
