(Reuters) - Eastman Kodak Co agreed to sell its digital imaging patents for about $525 million, a key step to bringing the photography pioneer out of bankruptcy in the first half of 2013. The deal for the 1,100 patents allows Kodak to fulfill a condition for securing $830 million in financing. The patent deal was reached with a consortium led by Intellectual Ventures and RPX Corp, and...
Penn State voted AP sports story of year again
Label: SportsNEW YORK (AP) — The Penn State child sex abuse scandal was selected as the sports story of the year by U.S. editors and news directors in an annual vote conducted by The Associated Press.The news broke in November 2011, with a grand jury report outlining charges against Jerry Sandusky, and the outrage that followed led to the firing of Hall of Fame coach Joe Paterno. But the aftershocks were felt...
Madonna leads Billboard’s top-grossing tours
Label: LifestyleLOS ANGELES (Reuters) – While this year’s pop charts have been dominated by young singers, it is veteran music stars, led by Madonna, who are commanding big money in tour ticket sales, according to a new Billboard list released on Tuesday.Madonna, 54, topped Billboard‘s list of highest-grossing live tours, earning an estimated $ 228.4 million in ticket sales from her sold-out ninth worldwide tour...
Experts: Kids are resilient in coping with trauma
Label: HealthWASHINGTON (AP) — They might not want to talk about the gunshots or the screams. But their toys might start getting into imaginary shootouts.Last week's school shooting in Connecticut raises the question: What will be the psychological fallout for the children who survived?For people of any age, regaining a sense of security after surviving violence can take a long time. They're at risk for lingering...
Singer Jenni Rivera celebrated at memorial
Label: EntertainmentUNIVERSAL CITY, Calif. (AP) — The life of Jenni Rivera was celebrated in song, as passionate fans chanted "Jen-ni! Jen-ni!" at the singer's memorial service billed by her family a "celestial graduation."Rivera's children and singers Olga Tanon and Joan Sebastian performed during the nearly 2 ½-hour service Wednesday at the Gibson Amphitheatre, where thousands of fans gathered to salute the "Diva de...
Boehner: Blame tax hikes on Obama
Label: Business US Speaker of the House John Boehner speaks on the "fiscal cliff" during press conference Wednesday. ...
Dec
18
Chicago prison inmates used bedsheets to escape: official
Label: WorldChicago Tribune reporter Rosemary Regina Sobol has the latest details of two convicted bank robbers who escaped from the Metropolitan Correctional Center in downtown Chicago early this morning. (Posted on: Dec. 18, 2012.) ...
Samsung drops attempt to ban Apple sales in Europe
Label: TechnologySTOCKHOLM (Reuters) - Korea's Samsung Electronics on Tuesday said it would drop law suits aimed at banning the sale of Apple Inc. products in Europe just a day after scoring a victory in a battle in the United States with the maker of iPhones. Samsung and Apple, the world's top two smartphone makers, have been locked in patent disputes in at least 10 countries over the last 18 months...
A&M's Johnny Football is AP's Player of the Year
Label: SportsJohnny Manziel ran for almost 1,700 yards and 30 touchdowns as a dual-threat quarterback his senior year of high school at Kerrville Tivy.Who would have thought he'd be even more impressive at Texas A&M when pitted against the defenses of the Southeastern Conference?On Tuesday, Manziel picked up another major award for his spectacular debut season. He was voted The Associated Press Player of the...
Ben Stiller’s Red Hour sells two more comedies to ABC Studios
Label: LifestyleLOS ANGELES (TheWrap.com) – Ben Stiller‘s Red Hour Television is continuing to pump out comedies for ABC Studios.Following the sale of “Complikated” in October, the production company has sold network’s production division two new series – “You’re Not Doing It Right” and “Between Two Kings” – a rep for Red Hour told TheWrap on Monday.Comedian Michael Ian Black writes, stars and produces in the former,...
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