FREEPORT, Maine (AP) — With the final retail push under way, L.L. Bean CEO Chris McCormick is playing Santa's helper against a backdrop of conveyor belts and beeping front-end loaders as he boxes up slippers and shirts. But there's little time to reflect on the holiday cheer those gifts will bring because he's busy concentrating to make sure no shipments go astray.At L.L. Bean, top executives are...
AP IMPACT: Big Pharma cashes in on HGH abuse
Labels: BusinessA federal crackdown on illicit foreign supplies of human growth hormone has failed to stop rampant misuse, and instead has driven record sales of the drug by some of the world's biggest pharmaceutical companies, an Associated Press investigation shows.The crackdown, which began in 2006, reduced the illegal flow of unregulated supplies from China, India and Mexico.But since then, Big Pharma has been...
Hostess expects to split up snack cakes in sale
Labels: BusinessNEW YORK (AP) — Twinkies, Wonder Bread and Devil Dogs are likely to return to shelves in coming months, but probably not under the same owners.Hostess Brands Inc. said in bankruptcy court Friday that it's narrowing down the bids it received for its brands and expects to sell off its snack cakes and bread to separate buyers. The testimony came from an investment banker for Hostess, which is in the...
Planned News Corp spin-off lost $2B in fiscal 2012
Labels: BusinessLOS ANGELES (AP) — Rupert Murdoch's News Corp. said Friday that the news and publishing unit it plans to spin off next year posted a $2 billion net loss in the fiscal year through June, mainly due to one-time charges and restructuring costs in its newspaper division.The details of the split were revealed Friday in a filing to the Securities and Exchange Commission. It confirmed investors' suspicions...
Oil drops as US 'fiscal cliff' approaches
Labels: BusinessNEW YORK (AP) — Oil prices fell as much as $2 a barrel Friday as doubts grew about whether political leaders in Washington could reach a deal on the budget before a package of tax hikes and spending cuts automatically kicks in with the new year.If Republicans and Democrats don't work out a compromise in the next 10 days, the U.S. could go over the so-called "fiscal cliff," a reference to hundreds...
Dec
20
Erdrich, Boo win U.S. national book awards
Labels: Entertainment(Reuters) - Author Louise Erdrich won the National Book Award for fiction for "The Round House," a moving novel about a woman raped in a Native American community, at the annual awards ceremony in New York on Wednesday.Competition for the prize included such well-known authors as Junot Diaz and Dave Eggers, as well as Ben Fountain and debut novelist Kevin Powers.The gala ceremony at which the awards...
"The Last Man" shoots to top spot on U.S. bestseller list
Labels: EntertainmentNEW YORK (Reuters) - "The Last Man" soared straight to the top of Publishers Weekly's bestseller list on Wednesday in its debut week.The list is compiled using data from independent and chain bookstores, book wholesalers and independent distributors nationwide.Hardcover Fiction Last Week1. "The Last Man" by Vince Flynn (Atria, $27.99) -2. "Merry Christmas, Alex Cross" by James Patterson (Little, Brown,...
"Breaking Dawn - Part 2" reviews: is this the best "Twilight" ever?
Labels: EntertainmentLOS ANGELES (TheWrap.com) - "The Twilight Saga: Breaking Dawn - Part 2" hits theaters Friday, and reviewers are weighing in about whether the vampire finale is bloody good or a lifeless mess.Regardless of the critical consensus, Twi-hards are almost certain to show up, but based on the early notices "Part 2" is more likely to be shortlisted for Razzies than Oscars come awards time. The film scored...
Book Talk: The Swinging 60s, as told by a Cher-lookalike
Labels: EntertainmentSYDNEY (Reuters) - It is the 1960s and rock journalist Lola Bensky finds herself deep in the heart of the music scene in London and New York, interviewing emerging stars like Mick Jagger and Jimi Hendrix.But the 19-year-old Melbourne-born Lola of the eponymous "Lola Bensky," by Lily Bent, is no ordinary rock journalist. The Jewish child of two Holocaust survivors, she prefers to ask interviewees how...
"Twilight Saga" ends with movie love letter to fans
Labels: EntertainmentLOS ANGELES (Reuters) - "Twilight" fans bid an emotional farewell this week to Bella, Edward and Jacob in "Breaking Dawn-Part 2," the romantic book and movie franchise that ignited a pop culture infatuation with blood-sucking vampires and werewolves.The tumultuous love triangle between human girl Bella Swan, vampire Edward Cullen and werewolf Jacob Black, that has gripped avid fans known as "Twi-hards"...
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