Archive for 2012
Feb 22nd, 2012
Whitney Houston was killed by a drug combination of Valium, Xanax, and alcohol, an insider told Radar.
All three were found in her system, but the coroner office is still waiting on toxicology results before the "major contributing factor of her demise" can be determined, the source said, adding that drowning is almost a certainty not the blame: "Her heart stopped beating because her respiratory system was suppressed due to the anti-anxiety meds, and combined with the booze she had, it probably happened very quickly before she was discovered partially submerged in the bathtub."
In other Whitney news, sources say Bobby Brown is
Feb 22nd, 2012
Near 55 Boeing Co. 787 Dreamliner jets may have discovered a flaw in the fuselage, the company said on Wednesday, while reiterating that the world's first carbon-plastic passenger plane is safe to fly.
In the latest series of glitches in developing the revolutionary jet, Boeing reported this month signs of delamination on a support structure in the rear fuselage. Delamination occurs when repeated stress causes laminated composite materials to begin to separate.
The company is examining a backlog of assembled Dreamliners to determine whether they show similar signs of stress.
"All the airplanes built up to plane 55 have the po
Feb 22nd, 2012
Leading Global Consumer Electronics Manufacturer Selects Adept for Capacity Expansion
PLEASANTON, Calif., Feb. 22, 2012 (CRWENEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent robots and autonomous mobile solutions, today announced it has received a $820 thousand dollar order for vision-guided robots from a major international consumer electronics manufacturer with major operations in southeast Asia. The order is expected to be fulfilled and recognized as revenue within the current and following fiscal quarter of 2012. The manufacturer, a Fortune 500 listed company, selected Adept to provide high-speed
Feb 22nd, 2012
At least 49 people were killed with over 600 people injured Wednesday when a train plowed into a platform at a Buenos Aires station, state media said.
The number of casualties could increase, according to emergency services director Alberto Crescenti .
Shaken passengers told reporters the crash sounded like a bomb blast.
Authorities believe there were problems with the train's brakes, Transportation Secretary Juan Pablo Schiavi said.
The packed train was traveling at 16 mph when it crashed,.
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Feb 22nd, 2012
TBS, the cable channel announced this morning that they have extended Conan, through April 2014.
TBS says since premiering in November 2010, Conan O'Brien's late night show has built a fan base, with help from special events across the country, including a week of shows from the Beacon Theater in New York and fan art exhibits in New York City and San Diego. In June 2012, Conan will travel for a week of shows in Chicago.
Says Conan in the announcement, "I am excited to continue my run with TBS because they have been fantastic partners.
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The Views and Opinions expresse
Feb 22nd, 2012
* Q4 2011 revenue of $55.5 million and pro forma EPS of $0.09, both at high-end of guidance
* Fiscal year revenue of $225.1 million, up 12%, with pro-forma EBITDA of $24.7 million, up 20%
MIAMI -- (CRWENEWSWIRE) -- The Hackett Group, Inc. (NASDAQ:HCKT), a global strategic advisory and operations improvement consulting firm, announced its financial results for the fourth quarter and fiscal year 2011, which ended December 30, 2011.
Fourth quarter 2011 revenue was $55.5 million, a 14% increase from the same period in 2010. Pro forma diluted earnings per share were $0.09 for the fourth quarter of 2011, as compared to $0.07 for the sa
Feb 22nd, 2012
The body of a 5-year-old Italian girl is believed to be the youngest victim of the Costa Concordia sinking disaster, was discovered today, along with three other bodies. Due to the treacherous conditions, rescue officials are not sure how long it would take to bring to the surface all the bodies from the fourth deck where they were found.
Italy's national civil protection agency, which has been monitoring the operation off a Tuscan island, said two of the bodies were recovered a few hours after they were sighted. It said they are those of a woman and a girl.
The agency did not identify the two, but only one child's name was o
Feb 22nd, 2012
The Obama administration will propose a significant overhaul of the nation’s corporate tax code on Wednesday.
According to a senior administration official, the plan would lower the nation’s corporate tax rate to 28 percent. Additionally he wants to boost overall revenues from corporate taxation by banning numerous deductions and loopholes that save companies tens of billions of dollars a year on their tax bills.
The current U.S. corporate tax rate of 35 percent making it one of the highest in the world, however the abundance of loopholes and deductions enable many businesses to pay far less than that, and sometimes nothing at all.
Feb 22nd, 2012
On Tuesday the Iraqi Foreign Minister Hoshiyar Zebari said that Saudi Arabia which currently has very cold relations with the Shia-led government in Baghdad, has named its ambassador for Iraq for the first time ever since the invasion of Kuwait by Saddam Hussein in 1990. Iraq is currently preparing to host a summit of Arab League at the end of March, which has been delayed twice because of the strife going on between the Arab states of the region and Iraq due to the crackdown of the Bahraini government over the Shia demonstrators. Zebari told Reuters that since 1990 for the first time ever the Saudis have nominated an ambassador to Iraq. He s
Feb 22nd, 2012
European Union officials said that the economic most effected European country, Greece will come again to be in the best position in 2014 after a four-year recession that will shrink output by 17%.
EU officials said the country must cut more than 150,000 jobs and also bring labor costs down by 15% over the next three years, they added that the minimum wage in Greece is still higher than Portugal and Spain.
On Tuesday, the finance ministers of euro region agreed a $172 billion bailout for Athens after forcing the country to unpopular cuts and private bondholders to take bigger losses.
The officials said that they expect Gre
