TSX drops to two-month low on U.S., Europe fears

TORONTO (Reuters) – Canada‘s main stock index slipped to a two-month low on Tuesday, dragged down by resource and financial shares, as investors fixated on fears of a fiscal crisis in the United States and economic turmoil in Europe.The Toronto Stock Exchange‘s S&P/TSX composite index <.GSPTSE> unofficially closed down 56.80 points, or 0.47 percent,...

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General investigated for emails to Petraeus friend

PERTH, Australia (AP) — In a new twist to the Gen. David Petraeus sex scandal, the Pentagon said Tuesday that the top American commander in Afghanistan, Gen. John Allen, is under investigation for alleged “inappropriate communications” with a woman who is said to have received threatening emails from Paula Broadwell, the woman with whom Petraeus had an...

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Head of Microsoft’s Windows unit steps down

(Reuters) – Microsoft Corp said the head of its flagship Windows division and the driving force behind Windows 8, Steven Sinofsky, will be leaving the company with immediate effect, days after the software giant launched the Surface tablet.Sinofsky, who presented at the launch of the Windows 8 operating system in New York City last month, will be succeeded...

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‘Sesame Street’ Elmo puppeteer takes leave amid sex scandal

LOS ANGELES (Reuters) – The puppeteer and voice behind the character Elmo on “Sesame Street” has taken a leave of absence from the children’s television show following allegations that he had a sexual relationship with a 16-year-old boy, producers said on Monday.New York-based Sesame Workshop said in a statement that its own inquiry concluded that the...

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Thompson takes helm at NYTimes, faces stiff challenges

(Reuters) – Mark Thompson reported to work as the New York Times Co chief executive on Monday, confronting challenges ranging from making the publisher less dependent on advertising to trimming costs and figuring out what to do with its pile of cash.Thompson is also dealing with questions pertaining to a series of scandals at the BBC, where he served as...

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Windows Server Developers Can Now Use HP Cloud to Build, Deploy and Scale Their Applications

I am happy to share that HP Cloud Compute now supports Microsoft Windows Server 2008 instances in addition to the variety of Linux distributions that are already available. Windows Server instances can now be launched in our US-West region. Since HP Cloud Compute is in public beta, all customers receive a 50% discount (see pricing below).It is a priority...

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FDA find bugs, flying bird, at affiliate of meningitis pharmacy

(Reuters) – U.S. inspectors found bugs, a flying bird and other unsterile conditions at Ameridose LLC, an affiliate of the New England Compounding Center at the heart of the deadly meningitis outbreak.A report from the U.S. Food and Drug Administration detailed a list of failures at Ameridose that also included a failure to appropriately classify patient...

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U.S. the New Saudi Arabia? Peak Oilers Scoff

The U.S. is set to increase oil production so much that it will overtake Saudi Arabia and become the world’s biggest producer by around 2017, the International Energy Agency said today.The reaction from “peak oil” theorists? Not a chance. They continue to argue that the surge in U.S. production coming from shale oil and shale gas is a flash in the pan....

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Canada seen needing to spell out rules for natural gas projects

CALGARY, Alberta (Reuters) – The fate of a handful of liquefied natural gas projects planned for Canada’s Pacific coast may depend on the Canadian government‘s willingness to spell out rules for foreign investment in the country’s energy sector, according to a study released on Thursday.Apache Corp, Royal Dutch Shell Plc, Petronas, BG Group Plc and others...

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FDA find bugs, flying bird, at affiliate of meningitis pharmacy

(Reuters) – U.S. inspectors found bugs, a flying bird and other unsterile conditions at Ameridose LLC, an affiliate of the New England Compounding Center at the heart of the deadly meningitis outbreak.A report from the U.S. Food and Drug Administration detailed a list of failures at Ameridose that also included a failure to appropriately classify patient...

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