Salon Home
Topic

From the Wires

Friday, Nov 4, 2011 10:01 PM UTC2011-11-04T19:41:16Zl, M j, Y g:i A T

Time Warner Bids 1B Euros To Acquire Endemol

LOS ANGELES (AP) — Time Warner Inc. has made an unsolicited bid to acquire Endemol, the Dutch entertainment giant behind hit reality TV shows like “Big Brother” and “Deal or No Deal.”

The New York-based media giant bid 1 billion euros ($1.4 billion) to buy the company, according to a person familiar with the matter. That person was not authorized to comment publicly and spoke on condition of anonymity.

Endemol spokesman Charlie Gardner confirmed the bid on Friday following earlier reports of the deal.

Gardner said the company had not been seeking a buyer and is focused on restructuring debt that was incurred when it was bought for around $3.6 billion in 2007 by Italian Premier Silvio Berlusconi’s Mediaset, Goldman Sachs and Dutch private equity firm Cyrte Investments, which was founded to manage Endemol co-founder John de Mol’s private wealth.

Gardner said that a non-binding bid submitted by Time Warner this week would be passed on to Endemol’s lenders.

Continue Reading

  More Ryan Nakashima

Tuesday, Jan 24, 2012 2:49 PM UTC2012-01-24T14:49:00Zl, M j, Y g:i A T

The Northern Lights Dance Over Northern England

LONDON (AP) — The Northern Lights have lit up the skies above Scotland, northern England and northern parts of Ireland after the biggest solar storm in more than six years bombarded Earth with radiation.

The Canadian Space Agency posted a geomagnetic storm warning on Tuesday after residents were also treated to a spectacular show in the night sky.

Ken Kennedy, director of the Aurora section of the British Astronomical Association, said that the lights, also known as the aurora borealis, may be visible for a few more days.

The Northern Lights are sometimes seen from northern parts of Scotland but the unusual solar activity this week means the lights have also been visible from northeast England and Ireland, a rarity.

Geomagnetic storms cause awesome sights, but they can also bring trouble.

According to the National Oceanic and Atmospheric Administration, problems can include current surges in power lines, and interference in the broadcast of radio, TV and telephone signals.

  More Associated Press

Tuesday, Jan 24, 2012 2:49 PM UTC2012-01-24T14:49:00Zl, M j, Y g:i A T

Romney Had Swiss Bank Account, But Now Closed

WASHINGTON (AP) — Advisers to Republican presidential candidate Mitt Romney are acknowledging that he once had a Swiss bank account but that it was closed in 2010 as prepared to enter the race for the White House.

The Swiss account is listed on Romney’s newly released 2010 federal income tax return. It had been opened by a Boston lawyer who oversees the Romney family investments and a blind trust containing millions of dollars in assets.

Romney’s net worth is estimated at as much as $250 million.

R. Bradlford Malt, the trustee, said Tuesday that he closed the account in early 2010 because “it just wasn’t worth it.” He acknowledged that the account might be inconsistent with Romney’s political views. Malt has dropped other investments that conflict with Republican Party views.

  More Associated Press

Tuesday, Jan 24, 2012 2:48 PM UTC2012-01-24T08:15:22Zl, M j, Y g:i A T

Marine Faces 3 Months In Brig For Iraqi Deaths

Rosemarie Wuterich, Dave Wuterich

Rosemarie Wuterich and her husband Dave Wuterich leave a courtroom where their son, Marine Staff Sgt. Frank Wuterich, pleaded guilty to negligent dereliction of duty in his Haditha court martial trial, Jan. 23, 2012 in Camp Pendeton, Calif. It is the biggest criminal case against U. S. troops in the Iraqi War. Wuterich led the squad that killed 24 Iraqi civilians in Haditha in 2005. (AP Photo/Lenny Ignelzi) (Credit: AP)

CAMP PENDLETON, California (AP) — Military prosecutors worked for more than six years to bring Marine Staff Sgt. Frank Wuterich to trial on manslaughter charges that could have sent him away to prison for life.

But only weeks after the long-awaited trial started, they offered Wuterich a deal that stopped the proceedings and could mean little to no jail time for the squad leader who ordered his men to “shoot first, ask questions later,” resulting in one of the Iraq War’s worst attacks on civilians by U.S. troops.

Continue Reading

  More Julie Watson

Tuesday, Jan 24, 2012 2:21 PM UTC2012-01-24T14:21:00Zl, M j, Y g:i A T

Moammar Gadhafi Loyalists Seize Libyan Town

BENGHAZI, Libya (AP) — Moammar Gadhafi loyalists have seized control of a Libyan town and raised the ousted regime’s green flag, an official and commander said Tuesday.

The retaking of Bani Walid comes as Libya’s new leaders have struggled to unify the oil-rich North African nation three months after Gadhafi was captured and killed.

Hundreds of well-equipped and highly trained remnants of Gadhafi’s forces raised the green flag over buildings in the western city late Monday after hours of clashes, said Mubarak al-Fatamni, the head of Bani Walid local council.

Continue Reading

  More Associated Press

Tuesday, Jan 24, 2012 1:48 PM UTC2012-01-24T09:42:32Zl, M j, Y g:i A T

Spanish Judge Garzon On Trial For Franco-era Probe

Baltazar Garzon

Baltazar Garzon, 2nd left, once widely regarded as Spain's most prominent magistrate sits in the Supreme Court dressed with his magistrate robes next to his lawyer in Madrid Tuesday Jan. 24, 2012. The Spanish judge who became an international human rights hero by indicting Augusto Pinochet went on trial Tuesday for probing right-wing atrocities during and after the civil war that brought Gen. Francisco Franco to power. Garzon has been indicted for investigating the death or disappearance of more than 100,000 civilians at the hands of Franco supporters during and after the 1936-39 war, crimes which are covered by an amnesty passed in 1977 as Spain moved to restore democracy after Franco's death in 1975. (AP Photo/Paul White) (Credit: AP)

MADRID (AP) — The Spanish judge who became an international human rights hero went on trial Tuesday for daring to probe right-wing atrocities around the Spanish civil war that may be linked to the deaths or disappearances of more than 100,000 civilians.

It is the second trial in as many weeks for the 56-year-old Baltasar Garzon, although the charges at the Supreme Court are essentially the same: that he knowingly exceeded the bounds of his authority.

Last week he stood trial for ordering jailhouse wiretaps in a corruption investigation. In this case he has been indicted for investigating more than 100,000 civilians deaths and disappearances at the hands of supporters of the late dictator Gen. Francisco Franco.

Continue Reading

  More Daniel Woolls

Page 1 of 5865 in From the Wires

Other News