SAS near deal to avoid bankruptcy

19 November 2012 Last updated at 08:16 ETThe troubled Scandinavian airline SAS has said it is close to reaching a deal with trade unions needed to avoid bankruptcy, following all-night talks. Owners and creditors of the airline have a plan to cut costs and jobs, but it needs approval from eight trade unions representing...

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Canada pledges again to balance budget by 2015

OTTAWA/NEW YORK (Reuters) – The Canadian government on Friday reiterated its intention to balance its budget by 2015, three days after projecting there would be deficits until 2016-17.In separate appearances in Quebec City and New York, Prime Minister Stephen Harper and Finance Minister Jim Flaherty were at pains to say they still intended to end the red...

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Wii U Launch Day: Everything You Need to Know

For Nintendo fans, the big day has arrived. Nintendo‘s newest console, the Wii U, began selling at midnight on Sunday morning across the United States.[More from Mashable: Meet the Super Fan Who Waited in Line for a Month for a Wii U [VIDEO]] The Wii U boasts high definition graphics and an innovative, new tablet controller...

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“Simpsons” actor Hank Azaria sues Craig Bierko over character right

LOS ANGELES (TheWrap.com) – Hank Azaria, who provides the voices for a host of characters on “The Simpsons,” including Moe Szyslak and Chief Wiggum, is suing over the rights to one of his characters.Azaria and his How to Pictures, Inc. filed suit Wednesday against “Leap Year” actor Craig Bierko in U.S. District Court in Central California on Wednesday,...

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Monti repeats Italy does not need euro zone aid

MILAN (Reuters) – Prime Minister Mario Monti rejected suggestions on Saturday that Italy should seek aid from its euro zone partners to bind a new government to strict reform conditions after elections likely to be held in March.Monti’s comments, in a panel discussion at Milan’s Bocconi University, follow growing speculation that he might try to use an...

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Israel, Gaza fighting rages on as Egypt seeks truce

GAZA/JERUSALEM (Reuters) – Israel bombed Palestinian militant targets in the Gaza Strip from air and sea for a fifth straight day on Sunday, preparing for a possible ground invasion though Egypt saw “some indications” of a truce ahead.Militant rocket fire into Israel subsided during the night but resumed in the morning with three rockets fired at the nearby...

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So, Here’s That ‘Big Bang Theory’ Flashmob You Wanted

We realize there’s only so much time one can spend in a day watching new trailers, viral video clips, and shaky cell phone footage of people arguing on live television. This is why every day The Atlantic Wire highlights the videos that truly earn your five minutes (or less) of attention. Today:RELATED: Beating Novak Djokovic: Never Forget Three-Fingered...

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Lindsay Lohan pushed for Elizabeth Taylor TV role

LOS ANGELES (Reuters) – Lindsay Lohan so wanted to play Elizabeth Taylor in the upcoming film “Liz & Dick” that she cut out the middle man and went straight to the producer herself, the tabloid-favorite star said in an interview on Friday.Lohan, 26, plays Taylor in an upcoming television movie that dramatizes the long love affair between the late Hollywood...

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Twinkies maker Hostess plans to go out of business

(Reuters) – Hostess Brands Inc, the bankrupt maker of Twinkies snack cakes and Wonder Bread, is seeking a U.S. court’s permission to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers.The 82-year-old Hostess, which has about $ 2.5 billion in sales and is one of the largest wholesale bakers and distributors...

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Canadian October home sales dip, latest sign of cooling

TORONTO (Reuters) – Sales of existing homes in Canada fell in October from September and year-over-year sales were down as well, the Canadian Real Estate Association said on Thursday in the latest signal that the housing market is slowing.The industry group for Canadian real estate agents said sales were down 0.1 percent in October from September. Actual...

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