Monday, November 5, 2012

seenewstoday.com : Top News updates

North Dakota Red Cross volunteers make trip to Hurricane destruction sites - WDAY
Published October 31, 2012, 09:34 PM. North Dakota Red Cross volunteers make trip to Hurricane destruction sites. Fargo, ND (WDAY TV) – A second wave of local Red Cross volunteers left for the East Coast today. By: WDAY Staff Reports, WDAY Staff …


Netflix shares soar after Icahn reports 10 percent stake purchase
The headquarters of Netflix is shown in Los Gatos(Reuters) – Billionaire investor Carl Icahn bought 10 percent of Netflix Inc , presaging another bruising corporate battle and raising the possibility that the pioneering movie and TV-streaming company would get acquir ed. Netflix shares rose 14 percent to close at $79.24 on Nasdaq after Icahn disclosed in a regulatory filing he purchased shares and call options in the company that boasts more than 30 million subscribers globally. Icahn, known for shaking up management, said in an interview he felt Netflix was undervalued and would make "a great acquisition for a number of companies. …


Hyundai Motor shares tumble on recall rumors
The logo of Hyundai Motor is seen on a car displayed at a Hyundai dealership in SeoulSEOUL (Reuters) – Hyundai Motor Co shares fell more than 5 percent on Thursday ahead of the release of its October auto sales figures with analysts citing market rumors that the South Korean automaker may anno unce a recall in the United States or face fuel-economy related lawsuits. Two Hyundai Motor executives told Reuters that they have not heard about possible recalls or lawsuits. "As far as I know, October sales went well," one of the two executives told Reuters on condition of anonymity because he is not authorized to speak to the media. …


Myanmar foreign investment bill in parliament again
YANGON (Reuters) – Myanmar’s new foreign investment bill was with parliament on Thursday, after amendments to address concerns of foreign firms eager to enter the country, and it could be quickly approved and sent to the president to be signed into law, lawmakers said. The bill has passed back and forth between the legislative and executive branches since March in a tussle involving a government eager to attract foreign investment, tycoons determined to protect their monopolies, and small businesses keen not to be shut out. …


With eye on 2013 midterms, Argentina cuts voting age to 16
Argentine President Cristina Fernandez de Kirchner arrives at the inauguration ceremony of Latin American and Arab heads of states summit in LimaBUENOS AIRES (Reuters) – Argentina lowered its votin g age to 16 from 18 on Wednesday, a change that could help politically ailing President Cristina Fernandez court the youth vote ahead of 2013 mid-term elections. Dozens of opposition members of the lower house of Congress walked out of the rancorous late-night session just before the measure won final approval by a vote of 131 to 2. Fernandez, who polls well among younger voters, has not ruled out a bid by her supporters to change the constitution to allow her to run for a third term in 2015. …


Expect feisty defense from China's disgraced Bo Xilai
File photo of Bo Xilai, then Governor of Liaoning Province, speaking in BeijingBEIJING (Reuters) – Disgraced former top Chinese politician Bo Xilai can be expected to mount a feisty defense of himself when he finally comes to trial, but a guilty verdict is not in doubt, a lawyer who had a front seat at China's last major show trial said. Zhang Sizhi was defense lawyer for Mao Zedong's widow, Jiang Qing, leader of the "Gang of Four" that wielded supreme power during the 1966-76 Cultural Revolution. She was given a suspended death sentence in 1981 for the deaths of tens of thousands during that period of chaos. …


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