Disabled cruise ship passengers file lawsuit seeking class-action status against Carnival
MIAMI – A couple are hoping to obtain class-action status for a lawsuit they’ve filed against Carnival Cruise Lines following an engine-room fire that stranded a ship for days in the Gulf of Mexico.
10 killed in explosions in southern Indian city
HYDERABAD, India (AP) -- At least 10 people were killed and 50 injured Thursday in a pair of explosions in crowded areas of the southern Indian city of Hyderabad, an official said.
Canada's Rona outlines strategy after another quarterly loss
TORONTO (Reuters) – Rona Inc , Canada’s top home-improvement retailer and distributor, reported a narrower quarterly loss on Thursday and outlined plans to expand its distribution business and scale back its big-box store strategy outside the province of Quebec. Fourth quarter earnings for the Boucherville, Quebec-based company, which also announced plans to cut roughly 200 full-time administrative jobs, were weaker than expected after stripping out charges related to restructuring, impairments and other one-time items. Rona shares dropped about 1.6 percent after the news. …
Indian province refuses to host Asian Athletics Championships due to Sri Lankan participation
NEW DELHI – The Asian Athletics Championships in July looks set to be moved from its original venue as the chief minister of the Indian state that was to play host has refused to organize the meet because of the participation of Sri Lankan athletes.
Chesapeake to complete search for McClendon replacement by April
(Reuters) – Chesapeake Energy Corp's board of direc tors expects to complete its search to replace Chief Executive Officer Aubrey McClendon by the time he leaves on April 1, a company official said on Thursday. Investor relations executive Jeff Mobley made the comment on the company's fourth-quarter earnings call. (Reporting By Anna Driver; Editing by Gerald E. McCormick)
5 killed in explosions in southern Indian city
HYDERABAD, India (AP) -- At least five people were killed Thursday in a pair of explosions in crowded areas of the southern Indian city of Hyderabad, police said. More were feared dead and injured.
At 89, Mugabe sees "divine" mission to rule Zimbabwe
HARARE (Reuters) – Robert Mugabe said he had a "divine task" to lead Zimbabwe, shrugging off concerns about his health and fitness for office as he prepares for what could be one the closest election battles since he came to power in 1980. Few Zimbabweans are ruling out victory for the 89-year-old Mugabe even though his country, once an African success story, is in a decade-long economic slump worsened by Western sanctions and more than four fifths of the population is unemployed. …
3 dead and at least 3 wounded in 'rolling gun battle' and crash on Las Vegas Strip
LAS VEGAS, Nev. – Police say three people are dead and at least three are wounded after a ‘rolling gun battle’ and multi-vehicle crash at a busy intersection on the Las Vegas Strip.
Canadian Tire profit dips on restructuring, acquisition costs
(Reuters) – Diversified retailer Canadian Tire Corp reported a slightly lower fourth-quarter profit as a result of restructuring charges and costs related to its acquisition of FGL Sports in August 2011. Net income fell to C$163.1 million ($160.7 million), or C$2.00 per share, in the second quarter, from C$166.3 million, or C$2.03 per share, a year earlier. It took a restructuring charge of C$19.6 million during the quarter. Canadian Tire, one of Canada’s biggest and best-known retailers, had announced a number of executive departures in the quarter to cut costs. Revenue rose 1 percent to C$3. …
Indian police say at least 2 killed, others hurt in explosions in southern city of Hyderabad
HYDERABAD, India – At least two people were killed Thursday in a pair of explosions in the southern Indian city of Hyderabad, police said. More were feared dead.
Mali rebels fighting in Gao; car explodes in Kidal
BAMAKO, Mali (AP) -- Islamic extremists clashed with military in Mali’s northern city of Gao, a military official said Thursday, as French forces continued their push to eliminate remnants of al-Qaida-linked fighters who had controlled northern Mali.
Syrian TV says 53 killed in Damascus car bomb
DAMASCUS, Syria (AP) -- Syrian state TV says 53 people were killed and more than 200 wounded in a car bomb attack near the headquarters of the ruling Baath party in central Damascus.
Early showing of wildflowers across Texas expected to be moderate due to dry fall
DALLAS – The wildflower showing across much of Texas isn’t expected to be spectacular in the early spring, but there could be a rebound before summer.
Freed Afghan Taliban fighters return to insurgency
ISLAMABAD (AP) -- At least half the Afghan Taliban recently freed from Pakistani prisons have rejoined the insurgency, a Pakistani intelligence official says, throwing into question the value of such goodwill gestures that the Afghan government requested to restart a fl agging peace process.
Egypt passes electoral law, paves way for elections
CAIRO (Reuters) – Egypt's Shura Council, the upper house of parliament, adopted on Thursday an electoral law as amended by the Constitutional Court, clearing the way for President Mohamed Mursi to set a date for lower house elections. Mursi is expected to ratify the electoral law by February 25 and announce voting will be held in about two months' time to choose the lower house, which was dissolved last year after the court ruled the original law used to elect it was unfair. …
Allianz, AXA dividends help allay sector worries
PARIS/MUNICH (Reuters) – Europe's top two insurers at least maintained their dividends for the past year, helping allay concerns that insurer payouts were being threatened by a malign combination of low bond yields and tighter regulatory requir ements. Germany's Allianz kept its payout steady at 4.5 euros per share, while French rival AXA raised its shareholder reward 4 percent to 0.72 cents, easing fears about the sustainability of insurance sector payouts highlighted by a surprise cut on Wednesday from Britain's Royal & Sun Alliance (RSA) . …
Nasher Sculpture Center to mark 10th anniversary by placing 10 works of art throughout Dallas
DALLAS – The Nasher Sculpture Center is marking its 10th anniversary this year by commissioning 10 sculptures to be placed throughout Dallas.
Kennedy Center in DC showcases Northern European cultures with Nordic Cool festival
WASHINGTON – For the next month, the Kennedy Center will glow each night with blue light and shimmers of green, depicting the northern lights and signalling what has taken over its theatres and galleries inside.
Exclusive: Radical economist emerges as leading Russian central bank contender
MOSCOW (Reuters) – A controversial economist and former presidential candidate who accuses the West of conspiring to turn Russia into an economic colony has emerg ed, sources said, as a leading contender to take charge at the country's central bank. Sergei Glazyev, a Kremlin economic adviser, is being linked to the post a month before a deadline for his boss Vladimir Putin to nominate a successor to Sergei Ignatyev, who retires on June 23 after 11 years in the job. …
Tim Hortons adjusted earnings rise, sees tough market
TORONTO (Reuters) – Canada’s Tim Hortons Inc reported higher adjusted earnings on Thursday and raised its dividend even as it said a tough market may hold back sales growth in its established coffee shops during the current quarter. The company said it expects first-quarter same-store sales to grow at a slower pace than last year, when the metric rose 5.2 percent in Canada and 8.5 percent in the United States. The company blamed the expected sales slowdown on weak economic conditions, stepped-up competition and unfavorable weather. …
Thursday, February 21, 2013
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