Daily News Channel
The world’s largest brewer, Anheuser-Busch InBev, announced Thursday that its fourth quarter profit plunged by 95 percent. The Belgium-based group, created in November by InBev’s takeover of U.S. rival Anheuser-Busch, cited the cost of restructuring its business as the major factor in the slump.
Now it’s official: the economy really is in free fall.
When Florida legislators recently struggled to balance the battered state budget, they decided to plug holes with $190 million from a $300 million affordable-housing trust fund. After all, why should a cash-strapped state shell out money for new home construction when there are tons of vacant homes just waiting to be snapped up?
Who is walking away with Oscars this year? The following is a list of nominees and winners as they are announced at the 81st annual Academy Awards
Sandi Stratton wanted to see a Dodgers game. Babe Churchill wanted to go to the Academy Awards. Babe won that small argument — and the decision affected them both for many years to come
The hero of "Slumdog Millionaire," a poverty-raised teaboy seeking his lost love, works his way through the questions on the game show "Who Wants to Be a Millionaire" knowing that, at any time, he can lose and walk away with nothing.
At this year’s U.S.-Islamic World Forum in Doha, Qatar, speaker after Muslim speaker had nothing particularly awful to say about the United States. The Muslims were, in fact, hopeful about, and slightly amazed by, the new American President. Some even wondered aloud what they could do to help him succeed.
Award shows often mean free loot for celebrities. But with the economy tanking, this Academy Awards season could see some subtle changes in the giveaway culture, industry insiders say. “The country has shifted, and I think that bling is out,” said Jane Ubell-Meyer from Madison and Mulholland, which bills itself as a VIP gift bag and product placement company.
Second seed Andy Murray collected his 10th career title after defeating world number one Rafael Nadal, who was hampered by a knee injury, 6-3 4-6 6-0 in the final of the ABN AMRO tournament in Rotterdam on Sunday. World number four Murray was himself carrying an ankle injury he picked up during his quarterfinal win over Marc Gicquel, but showed little signs of early discomfort as he raced around the court before burying two forehands to take his first service game. Nadal held before spurning his first break point to allow Murray to take a 2-1 lead and the match stayed with serve as Murray let a 0-30 lead slip to lose the fourth before he thundered an ace down on the way to take a 3-2 lead despite his second double fault of the game.
Like any guy, Rory Sheridan, a waiter from New York City, wants to impress his girlfriend during their first Valentine’s Day as a couple. But like any guy living in 2009, he’s looking to shave some expenses.