Other News

Asian shares ride Wall Street optimism, dollar slips

(Reuters) – Asian shares edged higher on Friday, catching a lift from another record close on Wall Street, while the dollar groaned under the pressure of slumping U.S. yields. The S&P 500 index .SPX posted its third record closing high in four sessions, as investors shrugged off the first quarterly contraction of the U.S. economy in three years and focused on signs of a strengthening labor market. MSCI’s broadest index of Asia-Pacific shares outside Japan […]

Brad Pitt gets restraining order against Ukrainian prankster

(Reuters) – Police on Thursday issued a restraining order against the Ukrainian prankster who struck actor Brad Pitt in the face as he signed autographs at the Los Angeles premiere of “Maleficent,” the new Disney film starring Pitt’s partner Angelina Jolie. Pitt, 50, sought an emergency protective order against 25-year-old Vitalii Sediuk after he leaped over a fence at the “Maleficent” premiere and hit him, Los Angeles Police Department spokeswoman Officer Wendy Reyes said. Sediuk, […]

Ex-Microsoft CEO Ballmer to buy NBA’s LA Clippers for $2 billion: source

(Reuters) – Former Microsoft Corp Chief Executive Officer Steve Ballmer won the bidding war for the NBA’s Los Angeles Clippers franchise with a $2 billion offer, a record for a professional basketball team, a source with knowledge of the bidding said on Thursday.  Ballmer outbid two groups, one led by media mogul David Geffen that offered $1.6 billion that included TV talk show maven Oprah Winfrey and Oracle Corp CEO Larry Ellison, the source said. […]

Lifting oil export ban would spark U.S. economy: IHS

(Reuters) – In one of the most optimistic assessments about unlocking U.S. crude exports, the IHS report said gasoline prices would fall some 8 cents a gallon because overturning the ban would pour crude onto oil markets and lower global fuel prices. Government revenues from energy-related taxes and royalties would increase $1.3 trillion from 2016 to 2030. Jobs during that period, in both crude production and at oil field service companies, would rise an average […]