Fitch cuts Sony, Panasonic debt ratings to “junk” status

TOKYO (Reuters) – Ratings agency Fitch downgraded the debt ratings of Japan’s Sony Corp and Panasonic Corp to “junk” status citing weakness in their consumer electronics and TV operations, further diminishing the luster of the once-great Japanese brands.The cut to below investment grade, the first by a ratings firm, comes as the floundering Japanese tech...

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SpongeBob Christmas special goes stop-motion

LOS ANGELES (AP) — How does “It’s a SpongeBob Christmas!” squeeze even more fun out of our porous little hero and the Bikini Bottom gang? By turning the animated characters three-dimensional for their holiday special.In a tribute to classic fare such as “Rudolph the Red-Nosed Reindeer,” the “SpongeBob SquarePants” crew has been re-imagined as puppets and...

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How to Beat Black Friday Stress

Eva Cevallos with her eleven-month daughter, Quinn, shop at the Pre-Black Friday event at the Walmart Supercenter store in Rosemead, Calif., Nov. 21, 2012. (Image credit: ASSOCIATED PRESS)Black Friday – a day famous for long lines, scary stampedes and even pepper spray - can be stressful. But with a bit of preparation, you can get great deals without...

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U.S. troops in Afghanistan celebrate Thanksgiving

KABUL, Afghanistan (AP) — It was Army Sgt. Keith Wells' first Thanksgiving Day away from his family and despite a cornucopia of food provided for the troops, his taste buds were craving his wife's macaroni and cheese back home."My wife's a foodie — you know the Food Network, cooking shows. Everything she makes is golden," Wells of Charlotte, N.C., said Thursday at a large international military base...

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Greek PM presses for deal on loan

ATHENS, Greece (AP) — Greece has reacted with dismay to the European Union‘s failure to agree to release vital rescue loan funds for the debt-ridden country, with the prime minister warning it was not just Greece’s future that hangs in the balance.The delay prolongs uncertainty over the future of Greece, which faces a messy default that would threaten...

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Academy Sues Over “Deer Hunter” Oscar Statuette

LOS ANGELES (TheWrap.com) – A possibly counterfeit Oscars trophy for the 1978 film has sparked a very real lawsuit.The Academy of Motion Picture Arts and Sciences has filed suit in U.S. District Court in Washington state over an Oscar statuette that “was either a genuine statuette or a very convincing counterfeit.” If...

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Docs Push for Over-the-Counter Pill

In an attempt to lower the alarmingly high rate of unplanned pregnancy — and the high cost associated with it — an expert panel of doctors recommended Tuesday that birth control pills be made available without a prescription.Specifically, the committee said the potential benefits of over-the-counter birth control pills outweigh the danger, which includes...

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Clinton, White House denounce bus bombing

U.S. Secretary of State Hillary Rodham Clinton and Israel's Prime Minister Benjamin Netanyahu deliver joint statements …Secretary of State Hillary Clinton denounced a bomb attack on a bus in Tel Aviv that wounded at least 10 people even as she worked to help cobble together a truce between Israel and the Palestinians' Islamist Hamas movement that rules Gaza."The United States strongly condemns...

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U.S. fiscal impact of great concern to Canada: Canada’s Harper

TORONTO (Reuters) – Any fiscal problems that would significantly slow the U.S. economy would be of great concern to Canada, Canadian Prime Minister Stephen Harper said on Monday.The United States needed a credible medium-term fiscal plan, Harper said at a business forum in Ottawa, adding that he was following the U.S. fiscal debate with “great interest.” (Reporting...

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Patrick Wilson, Rose Byrne to reprise roles for “Insidious” sequel

LOS ANGELES (TheWrap.com) – FilmDistrict, Alliance Films and Sony Pictures Worldwide Acquisitions will bring “Insidious Chapter 2,” the sequel to last year’s hit film “Insidious,” to U.S. theaters on August 30, 2013, the companies announced Monday.Patrick Wilson, Rose Byrne, Lin Shaye and Ty Simpkins will reprise their roles in the film, which “Insidious”...

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