Monthly Archives: December 2010

CVS to buy Universal’s Medicare unit for $1.25 billion (Reuters)

Reuters – CVS Caremark, No. 2 U.S. drugstore chain, agreed to buy Universal American’s Medicare prescription drug business for about $1.25 billion to expand in a growing segment of the pharmacy benefit market. Continue reading

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Hedge funds offered weak returns in 2010 (Reuters)

Reuters – Hedge funds often claim to offer strong returns that are not correlated with broader markets, but in 2010 many failed on both of those counts. Continue reading

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Sofia Coppola Discusses ‘Somewhere’ (omg!)

omg! – Director Sofia Coppola chats about her decision to cast Stephen Dorff in the lead role in “Somewhere.” Plus, what inspired her to put a reference to “The Twilight Saga” in the film? Continue reading

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Jeff Bridges Gets Down To The Nitty ‘Grit’-ty (omg!)

omg! – Jeff talks about working with the Coen Brothers again for their remake of “True Grit.” Also, what was it like meeting his young co-star, Hailee Steinfeld, for the first time? Plus, Jeff tells Access his co-star, Matt Damon, is a good guy to hang… Continue reading

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Nadal to face Federer in Abu Dhabi final (AP)

AP – Top-Ranked Rafael Nadal defeated Tomas Berdych 6-4, 6-4 Friday and will face Roger Federer in the final of the World Tennis Championships. Continue reading

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Ukraine sends highly enriched uranium to Russia (Reuters)

Reuters – Ukraine has sent a “significant portion” of its highly enriched uranium stock to Russia under a deal with the United States aimed at preventing nuclear terrorism, the Ukrainian Foreign Ministry said on Friday. Continue reading

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Ofcom reports on BSkyB takeover

Responsibility for ruling on the takeover was passed to Culture Secretary Jeremy Hunt Related stories Media watchdog Ofcom has submitted its report on News Corporation’s takeover bid for broadcaster BSkyB to Culture Secretary Jeremy Hunt, it has said… Continue reading

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Miami (Ohio) hires Treadwell as coach (AP)

AP – Michigan State assistant Don Treadwell has been hired as the head coach at Miami, Ohio, replacing Michael Haywood. Continue reading

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Community head’s plea over death

Forensic officers have been searching the area around Heron House Related stories Three teenagers are still being questioned over the fatal shooting of a 17-year-old boy in south London. The victim was found dying in a stairwell on a housing estate i… Continue reading

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ArcelorMittal matches rival offer for Baffinland (Reuters)

Reuters – Steel giant ArcelorMittal upped its takeover bid for Baffinland Iron Mines on Friday, valuing the company at about C$550 million ($550 million) as it pursues its undeveloped iron ore deposit in Canada’s Arctic. Continue reading

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