The president of the Federal Bank Deposit Insurance (FDIC) in the U.S.,Sheila Bair,is stepping down on July 8, the federal agency reported today in a statement."The Chairman Sheila Bair has announced her intention to leave the agency when her term ends,"said the note. The FDIC said the next council meeting will be held "during the first week of July."It was also explained that"This will be the last meeting of the Chairman Sheila Bair at... [read news]
Rajon Rondo had six points and 11 assists on Saturday despite playing the fourth quarter with a dislocated left elbow, and the Boston Celtics beat the Miami Heat 97-81 in the third game of the semifinals of the Eastern Conference. Miami has a 2-1 lead in the best-of seven series.The fourth game is scheduled to be played on Monday night in Boston. Kevin Garnett had 28 points and 18 rebounds and Paul Pierce scored 27 for the defending... [read news]
Sony has been forced to delay the restart of PlayStation Network for security reasons.The company said this week it would resume the service,but all indications are that players will have to wait longer.More than two weeks without being able to access the PlayStation online service and especially great disbelief from users. It all began on April 21 and at the beginning it seemed a temporary outage for maintenance. As the hours passed we... [read news]
Paula Abdul will be the new judge.She will join Simon Cowell on the highly-anticipated singing competition,which begins taping its judges rounds on Sunday in Los Angeles. Paula Abdul wanted to return to the pursuit for talent.The difference in this show is that take part soloists or vocal groups,from 12 years and a $ 5 million dollars award from a recording contract.This program will debut on Fox in September.The other judges are British... [read news]
The Greek government reaffirmed that it has no intention to leave the euro,although the Greek financial press claims that Athens has asked its currency partners more time to clean up its debt-ridden economy.Among the persistent rumors that the country must renegotiate its massive sovereign debt to be able to face creditors,the Prime Minister George Papandreou reiterated that “We have not been discussing the exit of Greece from the euro... [read news]
Some know him as the Oscar-nominated child others as a TV executive and director who amassed scores of acting credits — including playing Perry White in the four Christopher Reeve Superman films. His name was Jackie Cooper and has passed away today, at 88 years old. Cooper died at a convalescent home in Santa Monica. “He just kinda died of old age,” his attorney Roger Licht told Reuters. “He wore out.” Cooper was proud of his 60... [read news]
