Exclusive: BCBG exploring sale, may fetch $1 billion - sources
NEW YORK (Reuters) – Fashion house BCBG Max Azria Group Inc, whose clothing has been worn by celebrities such as Beyonce and Angelina Jolie, is exploring a potential sale that could fetch around $1 billion, two people familiar with the matter said on Wednesday. The company, which owns the BCBGeneration, Max Azria and Herve Leger lines, is being advised by Blackstone Group on the sale process, said the people, who declined to be named because the talks are private. …
Quebec inquiry chair snaps at witness: "Were you stupid and incompetent?"
MONTREAL – The head of Quebec’s corruption inquiry lost patience with a witness testifying Tuesday about his relationship with construction bosses.
Boeing, battery maker at odds over 787 fix: WSJ
SAN FRANCISCO (Reuters) – Boeing Co and the Japanese company that makes lithium-ion batteries for Boeing's 787 Dreamliner disagree about what should be included in a package of measures aimed at getting the airliner back in the air, the Wall St reet Journal reported on Wednesday, citing government and industry officials. Battery maker GS Yuasa Corp believes the fix for the battery should include a voltage regulator that could stop electricity from entering the battery, the Journal said. …
Cincinnati casino's dry run is last major hurdle ahead of opening for general public next week
CINCINNATI – Slot machines were clanging and bets were flying for the first time Wednesday as the last of Ohio’s four voter-approved casinos began trying to clear a final major hurdle before being allowed to open to the public.
Obama unveils Rosa Parks statue; first full-length statue of black woman in Capitol
WASHINGTON – President Barack Obama and congressional leaders unveiled a full-length statue of civil rights icon Rosa Parks in the Capitol Wednesday, paying tribute to a figure whose name became synonymous with courage in the face of injustice.
History of Harper gov't appointments includes Arthur Porter and Senator Brazeau
OTTAWA – Some Harper government appointments and hirings that have raised questions:
Panel orders Morgan Stanley to pay $1.5 million to two brokers
(Reuters) – An arbitration panel denied Morgan Stanley Smith Barney's request to claw back compensation from two brokers and, instead, awarded the brokers about $1.5 million. Morgan Stanley's we alth management unit had asked the Financial Industry Regulatory Authority (FINRA) arbitration panel to make Jorge Antonia Carreras and Carlos Javier Molina repay funds paid to them under a promissory note agreement. The brokers filed a counterclaim alleging the firm breached contracts related to commissions and bonuses and for negligent misrepresentation. …
Peru official reports speaking to young American 'missing' for a month
LIMA, Peru – Peru’s tourism minister said Wednesday that he spoke with a young California man who has been reported missing along with his girlfriend for more than a month and that the couple is navigating an Amazon tributary headed for Ecuador.
Bill that would let B.C. voters choose senators aimed at generating debate
VICTORIA – Legislation introduced in Victoria would allow British Columbia residents to vote for the people they want to serve in the Senate in Ottawa.
Harper asserts all senators meet constitutional residency requirement
OTTAWA – Stephen Harper says all senators meet the constitutional requirement that they must reside in the provinces they were appointed to represent.
Bjork, Wu-Tang Clan, Rush, B.B. King to headline Ottawa Bluesfest
OTTAWA – Icelandic singer Bjork, New York rap collective Wu-Tang Clan, Toronto power trio Rush and the legendary B.B. King are among the acts who have been announced for this year’s Ottawa Bluesfest.
Budget officer takes aim at Tories' handling of long-delayed navy supply ships
OTTAWA – The Harper government has moved to blunt expected criticism of the navy’s long-delayed supply ship program and its marquee shipbuilding strategy.
Whitecaps look to build on historic season Major League Soccer season
VANCOUVER – As the Vancouver Whitecaps enter their third Major League Soccer season, they are planning to make fewer of the mid-season changes from last year that team president Bob Lenarduzzi suggested might have been “rash.”
NY to exempt military-style rifles used in violent TV shows, movies from tougher new gun law
ALBANY, N.Y. – New York wants to make sure running gun battles on the streets of Manhattan can still be seen on the big screen.
Winter's last gasps give way to flower shows and festivals for cherry trees, tulips, azaleas
NEW YORK, N.Y. – Snow is still in the forecast for some locales, but other places are getting ready for spring. And the season’s beauty will be on display with festivals and flower shows around the country, from events showcasing cherry blossoms in Washington D.C. and Brooklyn, N.Y., to celebrations of dogwoods, camellias and azaleas in the South, to apple blossom and tulip festivals in the Northwest.
Study suggests NHL has bias in favour of players born earlier in the year
Parents worried about whether their child has the goods to make it into the NHL might now have another seemingly arbitrary factor working against them -- the time of year their hockey prodigy was born.
Newtown father pleads for assault weapons ban during congressional hearing
WASHINGTON – The father of a six-year-old victim of December’s mass shooting in Connecticut tearfully pleaded on Wednesday for U.S. lawmakers to outlaw assault weapons during a heartwrenching and often heated congressional hearing on gun control.
Person familiar with situation: NCAA finds Shapiro gave at least $170K in benefits to Miami
CORAL GABLES, Fla. – The NCAA is alleging that former Miami booster Nevin Shapiro was responsible for providing about $170,000 in impermissible benefits to Hurricanes athletes, recruits, coaches and others between 2002 and 2010.
US, Europe move to expand role in Syrian conflict
ROME (AP) -- The United States and some European allies are edging closer to direct involvement in Syria's civil war with plans to deliver meals, medical kits and other forms of nonlethal assistance to the rebels battling President Bashar Assad.
Slovenia's troubled government ousted
LJUBLJANA, Slovenia (AP) -- Slovenia's parliament ousted Prime Minister Janez Jansa and his conservative government Wednesday, while designating a financial expert from the opposition to try to form a new administration.
Wednesday, February 27, 2013
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