July 6, 2011
Duran Duran postpone European tour dates
Duran Duran have postponed their European tour - including three UK festival dates - because of Simon Le Bon's ongoing voice problems. In May the band announced they were postponing UK tour dates after doctors ordered Le Bon to rest his voice. The…
July 6, 2011
Adele given all-clear to sing after vocal cord problem
Adele says she's been given the all-clear after recent problems with her vocal cords. She told Radio 1 DJ Chris Moyles she'd been recovering in the UK for the past month after suffering laryngitis. "It's basically a hole in your vocal cord but I…
July 6, 2011
Nicki Minaj’s Relatives Believe Mistaken Identity Led to Cousin’s Murder
Relatives of rap superstar Nicki Minaj have told RadarOnline.com that they believe the brutal shooting of her cousin Nicholas Telemaque was a case of mistaken identity. The slaying of Telemaque, 27, during the early hours of Monday morning has…
July 6, 2011
Stop Supporting Lil’ Wayne and Artists like Him
Dr. Boyce Watkins is a professor at Syracuse University that is a contributing writer for Newsone. Last week, he deliveredan interesting perspective on a segment of the Hip Hop world that he contends is destroying the black community…one life at…
July 6, 2011
Chinese Banks Fall After Temasek Sells Stake
Shares in Bank of China and China Construction Bank fell after Singapore's state-owned…
July 6, 2011
Japan’s cabinet approves $24.7bn for disaster relief
Japan's government has approved a second budget of 2tn yen ($24.7bn; £15.4bn) for reconstruction after the 11 March earthquake and tsunami. The money will be spent on rebuilding, and on compensating victims of the Fukushima nuclear crisis. Japan…
July 6, 2011
Portugal’s debt is downgraded to junk status by Moody’s
The credit ratings agency Moody's Investors Service has downgraded Portugal's debt to junk status. The agency said there was a growing risk the country would need a second bail-out before it was ready to borrow money from financial markets again.…
July 6, 2011
Japan ‘to hold stress tests at all nuclear plants’
Japan is to conduct safety tests on all its nuclear reactors in the wake of the crisis at the Fukushima plant following the 11 March earthquake and tsunami. Trade Minister Banri Kaieda said Japan's 54 reactors would undergo "stress tests" to…
July 6, 2011
Moody’s warns over China bad debt
Bad debts held by local governments in China are a far bigger problem than first estimated, ratings agency Moody's has warned. Chinese banks had lent 8.5tn yuan ($1.3tn; £820bn) to the local governments in 2010 in an attempt to boost growth.…
July 6, 2011
Obama Invites Lawmakers for Thursday Meeting on Debt, Deficit Issues
President Barack Obama has reiterated his insistence on achieving a "balanced" agreement that would trim trillions of dollars from government deficit spending over the next decade, while preserving investments he sees as crucial to job creation…