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Friday 18th of May 2012 01:03:16

Canadian News

Historic Facebook IPO marred by trading glitches

Recent activity lists SAN FRANCISCO (Reuters) - For a company that is dramatically upending business strategies and social relationships around the world, Facebook Inc made a surprisingly modest debut on the Nasdaq on Friday as a sky-high valuation and trading glitches capped the stock's rise. In late trading, Facebook shares were only a few cents above the company's initial public offering price of $38, after opening 11 percent higher, rapidly heading south to touch their initial price and then rebounding by several dollars. ...


Man accused of swallowing $20,000 diamond passes cubic zirconia; 2 stones to go

WINDSOR, Ont. - Police in Windsor, Ont., say it's "one down and two to go" for a man alleged to have swallowed a $20,000 diamond.

Alleged diamond swallower expels fake gem

Police allege a man swallowed a diamond of this size in Windsor, Ont., in an attempt to steal it.A man who is in a detention centre for allegedly swallowing a 1.7-carat diamond May 10 in Windsor, Ont., expelled a fake gem Friday.


Clemens accuser says he 'misspoke'; judge imposes time limits on witnesses

WASHINGTON - Roger Clemens' lawyer accused the baseball legend's former strength coach of changing testimony "on the fly," and the judge in the perjury trial imposed a time limit Friday on all future witnesses in an effort to speed things up.

Analysis: Ackman's CP Rail win puts Canada boards on notice

Shareholders enter the the Annual General Meeting of Canadian Pacific Railway in CalgaryTORONTO (Reuters) - The unprecedented boardroom rout that storied Canadian Pacific Railway suffered this week at the hands of a brash New York hedge fund is a flashing warning signal for other members of the Canadian corporate establishment. If a blue-chip bastion like CP Rail, Canada's second-largest railroad, can succumb to an activist's push for change, companies of all stripes best prepare for closer scrutiny of their boards and challenges to their authority, experts say. ...


Business

Pump prices should fall to US$3.25 a gallon or less in some areas

An oil pump works at about sunset Tuesday, Feb. 21, 2012, in the desert oil fields of Sakhir, Bahrain. THE CANADIAN PRESS/AP, Hasan JamaliIf you're lucky enough to live in some parts of the United States, you may see gas pump prices fall to around US$3.25 a gallon or less in the next week or two. Even West Coast drivers should get some relief from prices that are still above $4 a gallon.


Harper government funded study arguing Canada suffers from 'Dutch Disease'

OTTAWA - The Harper government has funded research that argues Canada's economy suffers from so-called Dutch Disease, an economic theory the prime minister and other senior officials ridiculed when raised recently by NDP Leader Tom Mulcair.

Inmet Mining closes $1.5 billion debt financing to fund Cobre Panama

The corporate logo of Inmet Mining Corp. (TSX:IMN) is shown. THE CANADIAN PRESS/HOTORONTO - Inmet Mining Corp. (TSX:IMN) says it has closed a US$1.5-billion debt offering to help fund development at the copper-gold Cobre Panama project.


TSX rally fades as resources retreat

Toronto Stock Exchange logo is seen in TorontoTORONTO (Reuters) - Toronto's main stock index gave up its gains on Friday as resource shares sank on worsening problems in Greece and Spain while a late tumble in U.S. equities spurred further selling in commodity markets. The Toronto Stock Exchange's S&P/TSX composite index turned negative, down 19.59 points, or 0.2 percent, at 11,311.09. (Reporting by Jon Cook, Editing by Gary Crosse)


World stocks fall into negative territory for year

Traders work at their desks in front of the DAX board at the Frankfurt stock exchangeNEW YORK (Reuters) - World stocks erased the year's gains on Friday as investors fled risky investments for safe-haven assets on concerns about the euro zone's deepening debt woes, while U.S. stocks lost ground after the market debut of social network Facebook failed to lift optimism. Brent crude briefly slipped below $107 per barrel to its lowest in 2012 as the euro zone crisis raised fears of a global slowdown that could dent oil demand, while German borrowing costs hit record lows. World stocks, as measured by the MSCI index , dropped 1. ...


Weight Loss

Weight loss during pregnancy helps mom and baby

Pregnant women who are overweight and obese can safely reduce their weight by eating a healthy diet to reduce the risks of complications for themselves and their baby.

Weight loss during pregnancy helps mom and baby

Pregnant women who are overweight and obese can safely reduce their weight by eating a healthy diet to reduce the risks of complications for themselves and their baby.

7 symptoms women shouldn’t ignore

Minor issue or major problem? Women shouldn’t overlook these seven symptoms, say experts.

10 hot new cookbooks

Attention foodies! Looking for inspiration in the kitchen? Here’s a look at the season’s hot new cookbooks.

Four natural ways to reduce cellulite and fat

Four natural ways to reduce cellulite and fat

Forget expensive 'miracle' creams, you can reduce cellulite with simple changes to your diet as well as a good exercise regiment


Lifestyle

Man pleads not guilty to stalking Mila Kunis and violating restraining order

LOS ANGELES, Calif. - A man charged with stalking Mila Kunis pleaded not guilty Friday to two felony charges and was denied a request to leave jail without having to post bail.

Il Divo launches North American tour in Canada with opener Nikki Yanofsky

TORONTO - Il Divo may have scored massive success in the music world, but they still managed to get star-struck during a recent meeting with the Queen.

Toms taps Kravitz as designer of new collection, including 'Let Love Rule' shoe

In this undated image provided by Toms, shows an M-Ade shoe from the spring-summer '12 collection. Music star Lenny Kravitz was the guest designer for the collection. (AP Photo/Toms)NEW YORK, N.Y. - If it's got his name on it, Lenny Kravitz says he has been involved in it 100 per cent, so when you see his stamp on the new collection of Toms shoes, know the Bahamas beach-meets-modern architecture influence is genuine.


Miley Cyrus: 'Thank You For Thinking I'm Sexy!'

Miley Cyrus is seen in West Hollywood on April 27, 2012 -- Getty PremiumMiley Cyrus doesn't mind being labeled "sexy." The 19-year-old star - who has been making headlines recently for her new, more adult look - considers the tag high praise.


Healthy Hollywood: Fab Food Friday - Piper Perabo's Healthy Eats!

Piper Perabo attends a storytelling event 'A More Perfect Union: Stories of Prejudice & Power' at New York Public Library - Stephen A Schwartzman Building in New York City on December 6, 2010 -- Getty ImagesAs a tough-as-nails CIA spy in USA Network's "Covert Affairs," Piper Perabo needs to keep her body in top condition. After all her character is often seen dodging bullets, jumping out of planes and of course chasing down the bad guys. With all of this action, the actress tells Healthy Hollywood good food is essential. "I have to eat really healthy to do action sequences all day long. When I'm working on the show I'm really serious about my nutrition."


Sports

Sharapova ends Venus' run, Serena reaches semis

ROME (Reuters) - Holder Maria Sharapova ended the encouraging run of Venus Williams to reach the semi-finals of the Italian Open on Friday, while Serena Williams enjoyed an easy passage through to the last four.

Kings beat Coyotes, edge closer to Cup finals

Los Angeles Kings left wing Dwight King hands a stick to fans after defeating the Phoenix Coyotes in Game 3 of the NHL Western Conference final hockey playoffs in Los AngelesLOS ANGELES (Reuters) - The giant-killing Los Angeles Kings extended their magical playoff run, moving to just one win from their first Stanley Cup finals appearance since 1993 with a 2-1 victory over the Phoenix Coyotes on Thursday.


Djokovic and Nadal showdown closer

Djokovic of Serbia returns the ball to Tsonga of France during their match at the Rome Masters tennis tournamentROME (Reuters) - Novak Djokovic and Rafa Nadal moved a step closer to another possible final showdown after recording straight-set wins in the quarter-finals of the Rome Masters on Friday. Holder and top seed Djokovic survived a tight first set to beat Frenchman Jo-Wilfried Tsonga 7-5 6-1, while Nadal, striking the ball better than he has done in months, recorded an impressive 6-4 7-5 victory over in-form Czech Tomas Berdych. Djokovic and Tsonga exchanged two service breaks apiece to reach 5-5, but the Serb clinched the opening set when the fifth seed served his first double fault. ...


Blake and wife target of attacks on Twitter after Lakers guard misses potential winning shot

FILE - This Dec. 27, 2011 file photo shows Los Angeles Lakers guard Steve Blake, center, shooting between Utah Jazz forwards Paul Millsap, left, and Enes Kanter (0), of Turkey, during the second half of an NBA basketball game in Los Angeles. Blake and his wife have been attacked online since he missed a possible game-winning 3-pointer against the Oklahoma City Thunder in Game 2 of their Western Conference semifinal. (AP Photo/Alex Gallardo, File)EL SEGUNDO, Calif. - Lakers guard Steve Blake and his wife received multiple online threats after he missed a big shot late in Game 2 of Los Angeles' second-round playoff series with Oklahoma City.


Clemens accuser says he 'misspoke'; judge imposes time limits on witnesses

WASHINGTON - Roger Clemens' lawyer accused the baseball legend's former strength coach of changing testimony "on the fly," and the judge in the perjury trial imposed a time limit Friday on all future witnesses in an effort to speed things up.

Celebrity

Healthy Hollywood: Fab Food Friday - Piper Perabo's Healthy Eats!

Piper Perabo attends a storytelling event 'A More Perfect Union: Stories of Prejudice & Power' at New York Public Library - Stephen A Schwartzman Building in New York City on December 6, 2010 -- Getty ImagesAs a tough-as-nails CIA spy in USA Network's "Covert Affairs," Piper Perabo needs to keep her body in top condition. After all her character is often seen dodging bullets, jumping out of planes and of course chasing down the bad guys. With all of this action, the actress tells Healthy Hollywood good food is essential. "I have to eat really healthy to do action sequences all day long. When I'm working on the show I'm really serious about my nutrition."


'Coal Miner's Daughter' Loretta Lynn is 3 years older than claimed, married at 15

FILE - In this Nov. 10, 2010 file photo, singer Loretta Lynn poses in the press room during the 44th Annual Country Music Awards in Nashville, Tenn. Newly discovered documents indicate country music legend Loretta Lynn is three years older than she has led people to believe, a change that undermines the story told in LOUISVILLE, Ky. - Country music legend Loretta Lynn is three years older than she has led people to believe, an age change that undermines the story she told of being married at 13 in "Coal Miner's Daughter," documents obtained by The Associated Press show.


ROLL CALL: Lea Michele & Cory Monteith Lay On The PDA At Rangers Game

Lea Michele and Cory Monteith share a kiss at the New York Rangers vs New Jersey Devils playoff game at Madison Square Garden in New York City on May 16, 2012 -- Getty PremiumPlus, Kim Kardashian gets a booty grab and Prince Harry goes pop! Your Daily Dispatch of Celebrity Shenanigans!


'Coal Miner's Daughter' Loretta Lynn is 3 years older than claimed, married at 15

FILE - In this Nov. 10, 2010 file photo, singer Loretta Lynn poses in the press room during the 44th Annual Country Music Awards in Nashville, Tenn. Newly discovered documents indicate country music legend Loretta Lynn is three years older than she has led people to believe, a change that undermines the story told in LOUISVILLE, Ky. - Country music legend Loretta Lynn is three years older than she has led people to believe, an age change that undermines the story she told of being married at 13 in "Coal Miner's Daughter," documents obtained by The Associated Press show.


Star of Italian drama 'Reality' turns in breakout performance at Cannes from behind bars

Director Matteo Garrone smiles during a press conference for Reality at the 65th international film festival, in Cannes, southern France, Friday, May 18, 2012. (AP Photo/Virginia Mayo)CANNES, France - The breakout performance at the Cannes Film Festival this year is Aniello Arena's turn as a Naples fishmonger who becomes obsessed with appearing on a "Big Brother"-style TV show in "Reality."









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