Month: May 2011

May 16, 2011

Bulls take Game 1 from Heat, 103-82

Frustrated by a rough start, Derrick Rose(notes) stood up at halftime and apologized to his…

May 16, 2011

Canada banks propose rival stock exchange deal

Canada’s TMX Group, operator of the Toronto Stock Exchange, has received a takeover proposal…

May 16, 2011

BP faces tight deadline to seal Rosneft share swap

BP (BP.L) will struggle to meet a Monday deadline to complete its US$16 billion share swap with Russian group Rosneft, leaving the companies to agree a second extension or allow the deal to fall apart. BP Chief Executive Bob Dudley, who has been…

May 16, 2011

As stock market slows down, defensive stocks shine

After sailing through its best first quarter since 1998, the stock market is starting to lose some momentum. The Standard and Poor's 500 stock index, a broad market benchmark, is up just 1 percent this quarter after jumping 5.4 percent in the…

May 16, 2011

Late payments on mortgages fall again in 1st qtr

The number of homeowners making late payments -- or no payments -- on their mortgages fell for the fifth straight quarter in the first three months of 2011. But the figure remains stubbornly high compared with the pre-crisis norm, likely because…

May 16, 2011

Weak economic signals steer Asia down

A loss of momentum on Wall Street and worries over Europe's debt problems dampened investor enthusiasm and led Asian stock markets lower Monday. Oil prices fell below $99 a barrel Monday in Asia as crude became more expensive for investors with…

May 16, 2011

Whoo Weee! Serena’s Sexy Photo Creates New Controversy

Question. Did Serena Williams cross the line with her super sexy Twitter…

May 16, 2011

Kelly Rowland Happy with Her Music

Kelly Rowland has somewhat struggled to get where she wants to be in her solo career, but with her latest single, “Motivation” featuring Lil Wayne, she thinks she may have found what she’s been looking for all along. “I was talking to my product…

May 16, 2011

Beyonce Gets Millennium Award

Beyonce has been unstoppable since her coming out 10 years ago. For the singer’s achievements, Billboard is honoring her with the 2011 Billboard Millennium Award at the May 22 ceremony. “The Billboard Millennium Award will recognize Beyonce’s career…

May 16, 2011

Sheryl Lee Ralph and Pharrell Williams Trying Something New

Sheryl Lee Ralph has a new role coming up this Christmas in the new holiday film, “The Lot,” starring Keith David from “Lord of the Rings.” Others to appear in the film include Omar Gooding and Eric Roberts. Production has already started. “This…