BUSINESS News, Jul 09 2011

Lexus to lose top spot in U.S. luxury car market
Fri,8 Jul 2011 11:11 PM PDT
Reuters - CHICAGO (Reuters) - Toyota Motor Corp's brand Lexus will end its streak of 11 years as the top luxury brand in the U.S. market due to lost sales in the aftermath of the Japan earthquake and tsunami, said Mark Templin, Lexus Division general manager.

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Q+A: State of play in debt and deficit talks Fri,8 Jul 2011 11:09 PM PDT Reuters - WASHINGTON (Reuters) - Budget talks between President Barack Obama and top Republicans enter a critical phase this weekend as they try to end a standoff over raising the government's borrowing limit. Full Story1

Dismal jobs picture complicates debt talks Fri,8 Jul 2011 10:59 PM PDT Reuters - WASHINGTON (Reuters) - Dismal unemployment figures on Fridaycomplicated efforts to avert a looming U.S. debt default, and a top Republican said negotiators were not close to a deal that would ensure continued borrowing. Full Story1

Murdoch papers treat World's End with tabloid flare Fri,8 Jul 2011 08:22 PM PDT Reuters - LONDON/NEW YORK (Reuters) - Some of Rupert Murdoch's newspapers feasted on Friday on the demise of one of their own -- Britain's News of the World -- serving up headlines such as "World's End" and "Hacked To Death." Full Story1

IPO view: Toys R Us IPO taking shape slowly, now seen in 2012 Fri,8 Jul 2011 08:18 PM PDT Reuters - NEW YORK (Reuters) - Selling Barbie dolls and Hot Wheels to children may prove far easier than hawking Toys R Us to investors. Full Story1

Murdoch hosts film screening amid hacking scandal Fri,8 Jul 2011 07:34 PM PDT Reuters - SUN VALLEY, Idaho (Reuters) - A crisis has erupted at media mogul Rupert Murdoch's London newspapers, but that didn't stop the News Corp. chief executive and his wife, Wendi, from hosting a screening of a new movie co-produced by Mrs. Murdoch. Full Story1

J&J sued over sales deal for oral cancer product Fri,8 Jul 2011 05:44 PM PDT Reuters - (Reuters) - J&J was sued by a company called Oral Cancer Prevention International that claimed the drug major "interfered" with a sales agreement related to the distribution of an oral cancer prevention product to protect sales of its popular mouthwash, Listerine, according to court documents. Full Story1

Three US banks in Illinois, Colorado close: FDIC Fri,8 Jul 2011 05:25 PM PDT Reuters - WASHINGTON (Reuters) - U.S. authorities closed three banks on Friday, bringing the total number of foreclosures in 2011 to 51. Full Story1

Lexus to lose top spot in U.S. luxury car market Fri,8 Jul 2011 04:56 PM PDT Reuters - CHICAGO (Reuters) - Toyota Motor Corp's brand Lexus will end its streak of 11 years as the top luxury brand in the U.S. market due to lost sales in the aftermath of the Japan earthquake and tsunami, said Mark Templin, Lexus Division general manager. Full Story1

Poll: Dealers expect unemployment to ease through '12 Fri,8 Jul 2011 04:08 PM PDT Reuters - NEW YORK (Reuters) - Economists at top financial institutions expect the U.S. unemployment rate to fall in 2011 and 2012 despite a surprisingly weak jobs report on Friday, a Reuters poll found on Friday. Full Story1

Wall St Week Ahead: Recipe for a rally? Beat lowered estimates Fri,8 Jul 2011 03:23 PM PDT Reuters - NEW YORK (Reuters) - Wall Street heads into earnings season next week playing a typical game: Worrying about results a lot, and then rallying on pleasant surprises.Full Story1

C$ falls on fears of lackluster U.S. recovery Fri,8 Jul 2011 02:24 PM PDT Reuters - TORONTO (Reuters) - Canada's dollar weakened against the greenback on Friday after a dismal report on the U.S. labor market raised concerns that a U.S. economic recovery is further away than anticipated. Full Story1

TSX stung by weak U.S. jobs data as oils drop Fri,8 Jul 2011 02:07 PM PDT Reuters - TORONTO (Reuters) - Toronto's main stock market index fell on Friday as disappointing U.S. jobs data for June hit sentiment, though the decline was tempered by hopes the setback to economic recovery was temporary. Full Story1

Wall Street uses Wal-Mart bias ruling in MBS defense Fri,8 Jul 2011 01:54 PM PDT Reuters - WILMINGTON, Delaware (Reuters) - The U.S. Supreme Court's dismissal of a massive sex-bias case against Wal-Mart Stores Inc may have handed Wall Street a new weapon in its battle against angry investors who lost billions on securitized home loans. Full Story1

Factbox:What Coulson, Brooks and Hinton said about phone hacking Fri,8 Jul 2011 01:48 PM PDT Reuters - (Reuters) - Former News of the World editor Andy Coulson, News International CEO Rebekah Brooks, and Dow Jones CEO Les Hinton gave evidence to a British parliamentary committee between 2003 and 2009 about phone hacking and police payments. Full Story1

 

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AMERICAN Models News, Jul 09, 2011

A teen fashion blogger gets a feature-length video

The Seattle Times Later she was named a judge at the WWD Magic trade show, which will be held in her hometown in August. On April 1, Elle's blog asked, "Is Bebe the new Tavi?" referring to Tavi Gevinson, the 15-year-old who became a New York Fashion Week staple after ... See all stories on this topic »

'An inspiration': former US first lady Betty Ford dies Sydney Morning Herald While in New York, she supported herself as a fashion model for the John Robert Powers agency, according to the official White House biography. In 1941, she returned to Grand Rapids. There she began working as a fashion coordinator at a local ... See all stories on this topic » Sydney Morning Herald

Nairobi meets New York Buffalo News The group also organized this year's African Fashion Week New York, which takes place July 14-16, to offer a platform to young African designers in the United States and Africa. The event underscores how eager this generation of young, upwardly mobile ... See all stories on this topic » Buffalo News

Project Runway's brand new look Sydney Star Observer Embedded in the fashion scene since the age of 23, Clark has previously worked as Australian Fashion Week’s event director. He currently works on international large-scale fashion events, including Berlin, New York and Toronto Fashion Weeks. ... See all stories on this topic »

Haute confusion Financial Times By Vanessa Friedman Couture week kicked off on AmericanIndependence Day with the news that former IMF chief Dominique Strauss-Kahn was being granted his own independence, from house arrest in New York. In Paris, as the debate raged about who was in ... See all stories on this topic » Financial Times

Beauty News Roundup: Arizona Muse Visits the Peach Pit, Illamasqua Offers to ... StyleList Via Kiss and Makeup by 5min YouTube Beauty Guru Michelle Phan Gives Us 2011's Beauty Forecast Play We caught up with YouTube's makeup tutorial star Michelle Phan at the Lancome Open Studio during New York Fashion Week to find out what she's been up to ... See all stories on this topic »

Our Social Networks Scranton Times-Tribune QUEEN VICTORIA'S COURT FASHION SHOW: benefits American Cancer Society, Sept. 25, 1 pm, Posh at the Scranton Club, 402 N. Washington Ave., $30. Margaret Messana, 587-5264, or ACS, 562-9749. STEAMTOWN NATIONAL HISTORIC SITE EVENTS: short train rides run ... See all stories on this topic »

2011 New Orleans French Film Festival viewers guide NOLA.com From the successful local reception for "Valentino" to that of "The September Issue" and "Bill Cunningham New York," New Orleans' fashion community has shown that it is plenty willing to come out to support a good fashion documentary. ... See all stories on this topic »

Coming Up Riverhead News-Review A Beach Exploration, Wednesday, July 20, 10 am-noon, New Suffolk Waterfront. Peconic Land Trust joins Ron Gelardi and team from the New York State Department of Environmental Conservation for seashore exploration. Using a seine net, collect, ... See all stories on this topic »

Multimedia Consumer Awareness Campaign Launched By AT&T And One Solution TMC Net The four Iconic Achievers are Tyrese Gibson the R&B singer, songwriter, actor, formerfashion model; Jennifer Jones Austin who is the senior vice president of Community Investment for the United Way of New York City; Mario Armstrong, ... See all stories on this topic »

DHS - Testimony of Damon Penn, Assistant Administrator, National Continuity ... ISRIA (registration) We plan to make CMAS available in New York City and Washington, DC by the end of this calendar year, with the expectation that CMAS will be operational throughout the USin April 2012. The National EAS Test is scheduled to take place on Wednesday, ... See all stories on this topic »

Models for 3 fashion shows this summer! Model Call Design + Care NYC seeks established models, emerging models, all experiences for 3 fashion shows this summer. Design + Care NYC's launch ... Contactus directly via our website: www.designcarenyc.org ... newyork.craigslist.org/mnh/tlg/2478467239.html

Mercedes Benz Fashion Week – Beginnings, Challenges and Success ... From its beginnings as an alternative venue for the viewing of fashion during World ... to convince fashion journalists to pay more attention to American designers. ... From its inception until 1993, New York Fashion Week took place in ... CastAffair: If ModelsRuled the World, The Agencies would create Religions! ... www.castaffair.com/blog/?p=391

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CHRISTIE BRINKLEY News, Jul 09, 2011

CHRISTIE BRINKLEY  The show will not go on: Christie Brinkley postpones West End debut after her ... Daily Mail Christie has said of her transition into stage roles: 'Billy [Joel] always used to say I could do a Broadway musical.' Amra-Faye Wright, who has been playing fellow glamorous jailbird Velma Kelly alongside Brinkley in the US version of the long-running ... See all stories on this topic »

GREECE News, Jul 09, 2011

Greece Approved for EU3.2 Bln IMF Loan Payment Bloomberg Greece's commitments for securing the loan are “delivering important results,” IMF Managing Director Christine Lagarde said in a statement today in Washington. Still, “a durable fiscal adjustment is needed, lest the deficit get entrenched at an ... See all stories on this topic »

ECB's Bini Smaghi Says Private-Sector Greek Deal May Be Costly San Francisco Chronicle Greece secured a 110 billion-euro ($157 billion) bailout package in May 2010, seven months after the country raised its budget-deficit estimate to almost 13 percent of gross domestic product, three times higher than earlier forecast and four times the ... See all stories on this topic »

Morning MarketBeat: June Jobs News, Still More Greece Wall Street Journal (blog) Greece will be the main subject when the IMF meets today. Also, Portugal looks increasingly shaky, with some investors speculating it could require a second rescue, much like Greece. In addition, China continues to tighten monetary policy in a bid to ... See all stories on this topic »

Greece's March Construction Activity Declines 44% Year-on-Year Bloomberg ... the agency said today in an e-mailed statement. Building slowed most in the western Macedoniaregion of northern Greece and in the southern region of Peloponnisos. In Athens and its metropolitan area, construction dropped almost 40 percent. ... See all stories on this topic »

Greece Sides with Israel The National Interest Online ... with Netanyahu and Georgios Papandreu exchanging visits last year and with Israeli tourism to Greece rising from 100000 in 2009 to 250000 in 2010 (the Israelis who commonly sojourned in vast numbers in Turkey now boycott that country). ... See all stories on this topic » The National Interest Online

Handelsblatt: Private sector contribution to Greece only EUR 15 bln ForexLive (blog) Despite assurances that Italian banks have passed their stress tests, shares in the banks are being hard hit today, a drag on the euro. Tough to find a “clean” market to trade today. USD/CHF might be your best bet now that the market is much less short ... See all stories on this topic »

China Inflation Surging to Fastest in 3 Years Weakens Case for Rate Pause Bloomberg An unexpected increase in US unemployment and a threatened default by Greece have underscored the world's reliance on China, the fastest-growing major economy. “The need to control domestic inflation has complicated the Chinese government's attempts to ... See all stories on this topic »

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LIFESTYLE News, Jul 09, 2011

Entertainment / Lifestyle Malaysian Digest Fri, 08 Jul 2011 22:45 PM PDT Do you think Datuk S. Ambiga will turn up for the Bersih 2.0 rally tomorrow despite warning from PDRM? Merren stays true to his Authentic Lifestyle Boston Herald Fri, 08 Jul 2011 22:08 PM PDT While other rappers chase trends and recycle cliches, Mark Merren is out to motivate the masses. The 29-year-old... TechLife on Facebook video chat, flying cars, iPhone 5 release date, and more! (Yahoo! News) Yahoo! Tech Blog Fri, 08 Jul 2011 21:35 PM PDT Yahoo! News - Welcome everybody to TechLife on Tecca TV, where we give you the top 5 technology-meets-lifestyle news stories in only 5 minutes. We hope to bring a little Friday Fun to you every week! If you missed last week's edition, be ⦠Riding off the beaten path The Journal-Standard Fri, 08 Jul 2011 20:19 PM PDT Leah Lang-Gluscic appeared to be on the fast track to success. At the age of 24, she had already graduated from an Ivy League school and was logging 80-hour weeks as an investment banker in Washington, D.C. Then, suddenly, she decided to scrap the plan. She left the lucrative lifestyle of the banking industry and came to Freeport to pursue a lifelong interest in training and developing horses. Former Westmont official sentenced The Carmi Times Fri, 08 Jul 2011 18:58 PM PDT The former finance director of the Chicago suburb of Westmont has been sentenced to 60 days in the DuPage County jJail for stealing about $46,000 from the village. Prosecutors say Lisa VanBogget stole the money to live the "lifestyle of the rich and famous, complete with expensive cars and European vacations. Related Videos KMIR 6 Palm Springs Fri, 08 Jul 2011 17:58 PM PDT KMIR6 Lifestyle Weather Forecast with Meteorologist Bryan Scofield. He has your weekend forecast. Ask Dr. Hallberg: New study shows link between food choices and weight gain Minnesota Public Radio Fri, 08 Jul 2011 15:54 PM PDT A new study in the New England Journal of Medicine has been getting a lot of attention for the way it looks at food, and which ones are worse for putting on the pounds over the years. The study from Harvard School of Public Health looked at how what people ate contributed to weight gain, and it also looked at the role of lifestyle. Our medical analyst, Dr. JonHallberg, discusses the major ... British Grand Prix 2011: Lewis Hamilton takes gamble on move to Monte Carlo Daily Telegraph Fri, 08 Jul 2011 15:34 PM PDT McLaren driver plans to leave Switzerland for livelier lifestyle on theFrench Riviera. South Carolinians getting fatter - is it the Southern lifestyle? WPDE Myrtle Beach - Florence Fri, 08 Jul 2011 15:22 PM PDT Experts say that southern cooking traditions have a lot to do with a new report that puts South Carolina in the top ten fattest states in the nation. More than half of Americans say their personal finances are getting worse KXLF Butte Fri, 08 Jul 2011 15:21 PM PDT Only 22% of Americans say their personal finances are improving. For more polling news and information in the areas of politics, business andlifestyle, visit www.rasmussenreports.com

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