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| Murdoch's wife hires new lawyer in divorce case: New York Times Monday, Jul 29, 2013 08:47 PM PDT  (Reuters) - The wife of News Corp Chief Executive Rupert Murdoch, Wendi Murdoch, has switched lawyers in a move signaling that their divorce proceedings could take an acrimonious turn, the New York Times reported on Monday. Murdoch, 82, filed for divorce in June. He married the former Wendi Deng, 44, in 1999 in his third and her second marriage. They have two young daughters. ... Full Story | Top |
| GM to debut new Spark in 2015, delays Aveo launch: Korean union Monday, Jul 29, 2013 08:29 PM PDT SEOUL (Reuters) - General Motors Co plans to launch its next-generation Chevrolet Spark mini car in the first half of 2015, but will delay the launch of its revamped Aveo small car to 2016, a South Korean labor union spokesman said on Tuesday. GM has also advised the union it will produce the two new models in Korea, spokesman Choi Jong-hak said, dispelling local industry concerns that the U.S. automaker may shift some production out of the country. GM Korea's management briefed union negotiators on its plans during annual wage talks that ended last week, Choi said. ... Full Story | Top |
| Spirit Airlines chairman to exit as Indigo divests stake Monday, Jul 29, 2013 07:52 PM PDT NEW YORK (Reuters) - The chairman of Spirit Airlines Inc plans to resign in August as funds affiliated with private equity firm Indigo Partners LLC divest their stake in the company, the carrier announced on Monday. William A. Franke, chairman of the board of Spirit Airlines, plans to resign at the company's next board meeting, scheduled for August 7. John R. Wilson, a director, also plans to resign at that time. Their resignation will come as investment funds affiliated with Indigo divest their stake of roughly 12.07 million shares of common stock in Spirit Airlines. ... Full Story | Top |
| 'Difficult' talks ongoing with Time Warner Cable: CBS CEO Moonves Monday, Jul 29, 2013 07:09 PM PDT  LOS ANGELES (Reuters) - CBS Corp Chief Executive Leslie Moonves said on Monday he remained engaged in "difficult" negotiations with Time Warner Cable Inc ahead of a deadline to agree on fees the cable company pays to carry the broadcast network. Moonves, speaking at a Television Critics Association meeting, said he hoped to reach an agreement and avoid a blackout of the highest-rated broadcaster on cable systems in markets such as New York and Los Angeles. Talks were extended several times on Monday. Time Warner Cable spokeswoman Maureen Huff said the new deadline for a deal was 10 p.m. ... Full Story | Top |
| U.S. says JPMorgan manipulated market; settlement seen Monday, Jul 29, 2013 06:59 PM PDT  WASHINGTON (Reuters) - The U.S. power regulator outlined its case of market manipulation against JPMorgan Chase & Co on Monday as industry sources said a final settlement on the issue should come on Tuesday. Traders used improper bidding tactics in California and the Midwest to boost profits, officials said in a statement that brought to light some details of an extensive investigation. Reports of that probe have circulated for months and a deal with the regulator could put an end to a distraction for JPMorgan Chief Executive Jamie Dimon. The U.S. ... Full Story | Top |
| Disney, Weinstein to adapt 'Artemis Fowl' book series into film Monday, Jul 29, 2013 06:05 PM PDT  LOS ANGELES (Reuters) - Young adult fantasy book series "Artemis Fowl" about a 12-year-old millionaire criminal mastermind will be adapted into a feature film, Walt Disney Studios and the Weinstein Company said on Monday. The film will cover the first two books in the series and be adapted by Michael Goldenberg, the screenwriter of the young adult book "Harry Potter and the Order of the Phoenix." A release date for the yet-to-be-titled film has not been announced. ... Full Story | Top |
| Robin Williams brings 'Crazy' moments to new CBS show Monday, Jul 29, 2013 05:59 PM PDT By Lisa Richwine LOS ANGELES (Reuters) - The freewheeling improvised comedy that made Robin Williams a star on 1970s sitcom "Mork & Mindy" will be on display in his new CBS comedy "The Crazy Ones," though the actor says the series will deliver a character that audiences relate to. Returning to TV for the first time since "Mork" went off the air in 1982, Williams will play an eccentric advertising executive who employs unorthodox methods to win and keep clients. "Buffy the Vampire Slayer" star Sarah Michelle Gellar plays the straight-laced daughter who battles to keep him from going too far. ... Full Story | Top |
| Lionsgate vice chair Michael Burns banks more than $28 million in 2013 Monday, Jul 29, 2013 05:48 PM PDT By Lucas Shaw NEW YORK (TheWrap.com) - "The Hunger Games" has worked out very well for Lionsgate Vice Chairman Michael Burns. Burns made more than $28 million in fiscal year 2013, according to an SEC filing Monday. That figure is roughly five time what Burns made last year, a rise due to almost $14 million in stock option awards, almost $8 million in stock awards, a bonus of $4 million, a salary of almost $1 million and a few other incentives. Lionsgate CEO Jon Feltheimer also got a significant bump, banking $12.6 million - a 95 percent raise. ... Full Story | Top |
| Body of former Cubs pitcher recovered from Arizona lake: sheriff Monday, Jul 29, 2013 05:44 PM PDT PHOENIX (Reuters) - The body of former Chicago Cubs pitcher Frank Castillo was recovered by divers from an Arizona lake on Monday, a day after he was reported missing during a swimming trip, sheriff's officials said. Castillo, 44, who logged 13 seasons as a pitcher with the Chicago Cubs and five other Major League Baseball teams, was discovered by divers from the Maricopa County Sheriff's Office on Monday at Bartlett Lake, about 30 miles northeast of Phoenix, on Monday afternoon, officials said. ... Full Story | Top |
| U.S. fast food workers kick-off multi-city protests for higher pay Monday, Jul 29, 2013 05:00 PM PDT By Lisa Baertlein (Reuters) - Hundreds of low-wage workers at fast food chains such as McDonald's and Wendy's on Monday protested in the streets of New York, kick-starting a week of demonstrations in several major cities demanding the right to unionize and pressing to double the federal minimum wage to $15 an hour. Protesters, many who earn less than the $11 per hour threshold many economists consider the cutoff for poverty-level wages, said they had nothing to lose by speaking out against their employers. "Remaining silent is not an option because it's nearly impossible to survive on $7. ... Full Story | Top |
| Spain mourns train crash victims in official Mass Monday, Jul 29, 2013 04:29 PM PDT  By Silvio Castellanos SANTIAGO DE COMPOSTELA, Spain (Reuters) - Mourners packed a memorial service on Monday for the 79 people who died in the country's worst rail disaster in decades, as investigators prepared to analyze information from the train's data recording device, or "black box." The driver of the train, 52-year-old Francisco Garzon, has been charged with 79 counts of negligent homicide and released pending trial after a judge determined he was not a flight risk. ... Full Story | Top |
| Exclusive: New HFPA president talks reform, new membership rules, racism Monday, Jul 29, 2013 04:27 PM PDT By Sharon Waxman LOS ANGELES (TheWrap.com) - Dutch photographer Theo Kingma won a decisive victory at the Hollywood Foreign Press Association last month, after campaigning to be the group's president on a platform of reform. He and his vice president, Lorenzo Soria, sat down with TheWrap for their first post-election interview to address the HFPA's reputation, their hopes for change and their lawsuit with Dick Clark Productions over the Golden Globes. Congratulations on your election. ... Full Story | Top |
| Exclusive: Digital domain's new CEO on exporting Hollywood VFX to China Monday, Jul 29, 2013 04:16 PM PDT By Brent Lang LOS ANGELES (TheWrap.com) - For the past 20 years, Digital Domain has created on-screen magic by aging Brad Pitt backwards or sinking historic ocean liners, but a different kind of alchemy is needed to survive in the cutthroat world of visual effects. After emerging from bankruptcy last fall, the Oscar-winning studio behind "Titanic" and "The Curious Case of Benjamin Button" finds itself with its second owner in less than a year - and it's looking to Asia for its salvation. ... Full Story | Top |
| Canada's CPPIB to buy stake in Brazil's Aliansce for $480 million Monday, Jul 29, 2013 04:04 PM PDT TORONTO (Reuters) - The Canada Pension Plan Investment Board, one of the world's biggest pension funds, said on Monday it has agreed to acquire a 27.6 percent stake in Brazil's Aliansce Shopping Centers SA from General Growth Properties for an equity amount of $480 million. Rio de Janeiro-based Aliansce, one of Brazil's top publicly traded real estate operating companies, is focused exclusively on owning, managing and developing enclosed shopping centers. ... Full Story | Top |
| Police search pond in Conn. hometown of ex-NFL player in murder probe Monday, Jul 29, 2013 04:01 PM PDT  BOSTON (Reuters) - Police divers on Monday searched a pond in Bristol, Connecticut, the hometown of former New England Patriots player Aaron Hernandez, for evidence linking him to the murder of semi-pro football player Odin Lloyd, a law enforcement source said on Monday. Police officials in Connecticut and Massachusetts declined to comment. Images of the search at the pond were aired on local television. The source, who spoke on condition of anonymity, confirmed the pond is in Pine Lake Park. ... Full Story | Top |
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