Ford, GM to Acquire Each Other
Detroit, August 19, 2009 -- Automotive giants Ford Motor Company (F) and General Motors (GM) galvanized American stock markets early this afternoon with nearly simultaneous hostile bids to acquire each other.
Ford was out first, issuing a bid to buy all outstanding shares of GM for $40 a share, a 30% premium on Friday's closing price. Mere seconds later, GM announced a bid to acquire Ford for $9 a share, a 35% premium. Shares in both industrial giants skyrocketed during the subsequent buying frenzy.
Stocks Tumble on Self-fulfilling Prophecy Fears
New York, March 12, 2008 -- Worldwide stock markets fell sharply today on fears investors may react negatively to widespread nervousness regarding the potential for a downward market trend. The steep drop during morning trading led to a broad tumble across all major sectors, with panicky investors interpreting the fall as an indication of a setback in investor confidence.
Super Bowl XLIII to Feature Real-time Biometric Player Data
Burbank, California, January 30, 2009 -- For the first time in Super Bowl history, Sunday's Super Bowl XLIII will feature a remarkable collection of live, real-time data on virtually every aspect of each player's physical and mental state –- while they're on the field.
This technological marvel, which will be premiered during Super Bowl XLIII, February 1, 2009 on NBC, is expected to, in the words of NBC spokesman Greg Polanski, "completely revolutionize the way viewers experience sports television."
J. Lo., P.L.O. Swap First Initials
Jerusalem, June 22, 2007 -- Widespread pop diva Jennifer Lopez finalized her $87 million licensing agreement with the Palestine Liberation Organization, and the two parties will swap initials on Tuesday.
U.S. Military to Reduce Iraq Troop Levels From 138,000 to 163,000
Washington, D.C., June 19, 2006 -- Citing an improving security situation in key Iraqi provinces, U.S. military commanders say they have begun the long-promised task of reducing the American troop presence in Iraq, beginning with a reduction to about 163,000 from the current 138,000 scheduled over the next six months.
Howard Stern Claims Fatherhood of Madonna's Malawi Baby
Hollywood, November 12, 2006 -- Veteran broadcaster Howard Stern announced today on his radio show "The Howard Stern Show" that he is the real father of the baby boy adopted last month by Madonna in Malawi, surprising most celebrity gossip columnists, the Malawi Board of Adoptions, the father of the baby himself, and photographer Larry Birkhead, who claims to be the father of both the adopted baby, Madonna, Mr. Stern, and the Malawi Board of Adoptions.
Some random baby
Stock Markets Close as Global Earth World Planet International Buys All Shares
By Raoul Thibodeaux, Avant News Staff Writer -- New York City, February 21, 2038 -- As the bell rang to close the trading session today at the New York Stock Exchange, board members of Global Earth World Planet International (GEWPI) celebrated with toasts of sparkling wine at an undisclosed location. They had reason to celebrate as their privately held consortium had just completed a two-week buying spree of all outstanding shares in every publicly traded company across the world.
Rogue Societe Generale Trader "Just Got His Millions and Billions Mixed Up"
Paris, February 11, 2008 -- Jerome Kerviel, the so-called "rogue trader" whose actions resulted in a staggering $7.2 billion loss last month for French bank Societe Generale, simply got his millions and his billions confused, according to a French police officer who asked not to be identified.
Bush Announces Global Air Conditioner Initiative
Washington, D.C., February 28, 2006 -- Following the near-complete destruction of the White House last week in Hurricane Florence, President Bush performed a virtual about-face and announced today a new proactive administration position on what he termed "the war against earth heating".
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