Source: http://feedproxy.google.com/~r/RightCelebrity/~3/LONx-JJdJkw/
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Tuesday, December 6, 2011
Christie Brinkley Hit With $531K Tax Lien
Supermodel Christie Brinkley is reportedly in some trouble with the IRS after the government has filed a tax lien against her for a six figure debt. Get the full story below. With a handful of recent stars caught up in tax issues (Bow Wow, Naz and more) the fifty seven year old supermodel Christie Brinkley is the latest to make headlines after it was discovered that the IRS has filed a tax lien against her. According to the IRS, Brinkley owes $531,000.00 in back taxes. Quickly addressing the issue, the former wife of musician Billy Joel has shared that the lien is due to an error. With a lien placed on Brinkley’s mansion located in Bridgehampton on New York’s Long Island, the former Cover Girl was quick to release a statement before rumors began to swirl. “I consider myself very lucky to have been employed since I was 17 years old. I have never had an issue with the IRS or any tax liens in the past and I have dedicated my time to giving back as much and as often as possible,” Christie informed E! Brinkley, who has been involved in politics and has made donations to several Democratic [...]
Who's next for The Miz?
What first looked like a spat between two former tag-team champions took on a new life on Monday night?s Raw SuperShow during a Falls Count Anywhere Match between The Miz and John Morrison. After bashing Morrison?s leg with a pipe, The Miz hit his former partner with the Skull-Crushing Finale on the entrance ramp, incapacitating the high-flyer and prompting the referee to stop the match. It was eerily similar to The Miz?s attack on R-Truth the previous week, and that, it seemed, was the point. While the paramedics tended to The Prince of Parkour, Miz took to the ring and made his intentions clear: the assaults on Truth and Morrison are part of a larger plan the former WWE Champion has set in motion.
?Last week, it was R-Truth. This week, it?s John Morrison,? Miz said. ?And next week? We?ll see.?
So, with The Miz on the warpath and the locker room on notice, WWE.com runs down the potential candidates who could make The Awesome One?s hit list.
ALEX RILEY
Miz?s rivalry with his former apprentice is well-documented, from their successful partnership last fall to their explosive falling-out in the spring. The pair faced off in a series of pulse-pounding matches over the summer, but one can?t help but believe The Miz?s conflict with his old student remains unsettled. This could be Miz?s chance to put the issue to bed for good.
WADE BARRETT
The bare-knuckle brawler from SmackDown has been on a tear of his own lately, having dispatched Kofi Kingston and Randy Orton in consecutive weeks as part of his ?Barrett Barrage.? Barrett and The Miz compete on separate brands and have no direct conflict with each other, but cutting Barrett?s run short and ending the Barrage would cement The Miz as the pre-eminent threat across both brands.
BIG SHOW
The Miz achieved great success ? and a WWE Tag Team Championship reign -- with the big man as part of ShowMiz in early 2010. Given Big Show?s preoccupation with World Heavyweight Champion Mark Henry, an attack by ?The Cleveland Screamer? seems unlikely at the moment. But The Miz?s first two targets were former tag partners of his, and he is clearly one for continuity. Toppling The World?s Largest Athlete would certainly be an appealing way to achieve the hat trick.
ZACK RYDER
Ryder is a man of the people. The journeyman Superstar?s quest for a United States Championship Match, plus thrilling wins over Dolph Ziggler and Jack Swagger, have catapulted him to folk-hero status in the eyes of the WWE Universe. What better message could The Miz send to them than by taking out their beloved Internet Champion?
CM PUNK
Of all the potential targets, this should be the least surprising. At this time last year, The Miz had just launched his memorable WWE Championship reign. He has made it no secret he wants the title back since losing it to John Cena last spring. Softening up CM Punk could put Miz back into the WWE Championship picture.
THE ROCK
The Miz refers to himself as ?The Most Must-See? Superstar in all of WWE and prides himself on his reality TV background. He is a man who loves the spotlight. And yet, no Superstar turned more heads in 2011, both in the WWE ring and the entertainment world at large, than The Great One. Given Rock?s victory over Awesome Truth at Survivor Series, taking him down would be a tall order. But our guess is that The Miz is still steaming over his Madison Square Garden defeat at the hands of The People?s Champion, and the temptation to try his hand against The Rock one-on-one might outweigh the risk of another loss.
JOHN CENA
The Cenation leader was humbled by The Rock at Survivor Series, and his provocative appearance on Piper?s Pit seems to have thrown him into a rare vulnerable state: For the first time, Cena?s standing as WWE's top dog seems uncertain. Similarly, Miz?s own fortunes began to fade after he suffered a humiliating defeat, losing the WWE Championship to Cena in a Steel Cage Match at Extreme Rules. With the alpha dog on his heels, this could be Miz?s chance to sweep in for revenge and supplant Cena as the face of WWE. Plus, they were Tag Team Champions that one time ?
Source: http://www.wwe.com/shows/raw/whos-next-miz
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Monday, December 5, 2011
Stocks rise as European leaders hash out plans
FILE - In this Nov. 7, 2011 file photo, trader Edward Schreier, center, works on the floor of the New York Stock Exchange. Markets rose Monday, Dec. 5, 2011, on hopes that Europe's leaders will agree on a plan to restore long-term confidence in the euro, saving it from collapse and averting global economic chaos. (AP Photo/Richard Drew, File)
FILE - In this Nov. 7, 2011 file photo, trader Edward Schreier, center, works on the floor of the New York Stock Exchange. Markets rose Monday, Dec. 5, 2011, on hopes that Europe's leaders will agree on a plan to restore long-term confidence in the euro, saving it from collapse and averting global economic chaos. (AP Photo/Richard Drew, File)
Stocks rose broadly in early trading Monday on hopes for a plan to restore long-term confidence in the euro.
A crucial week for the shared currency began Monday with a gathering of French and German leaders. French President Nicolas Sarkozy and German Chancellor Angela Merkel met in Paris to discuss forging closer political and economic ties between the 17 nations that use the euro. They want tighter control of member nation's budgets, to prevent the kinds of mounting debts that might cause Greece, Italy and others to default.
The yields on Italian bonds dove to their lowest level in a month, suggesting traders believe that Italy is less likely to default. Italy's government agreed this weekend on a package of austerity and economic growth measures.
The Dow Jones industrial average rose 139 points, or 1.2 percent, to 12,158 about 15 minutes after the market opened. The Standard & Poor's 500 index rose 16, or 1.3 percent, to 1,261. The Nasdaq composite index gained 27, or 1 percent, to 2.654.
The gains were broad, lifting all 30 stocks in the Dow and all 10 industry groups in the S&P 500.
Financials stocks were among the biggest winners. Investors have feared that U.S. banks might be dragged down by their close connections to the unstable European financial system.
JPMorgan Chase & Co. jumped 4.5 percent, the most in the Dow. Bank of America was the second-biggest gainer of the Dow 30, rising 3.6 percent. Morgan Stanley and Citigroup Inc. both rose 6.1 percent.
In Europe, the Britain's FTSE 100 rose 0.7, Germany's DAX 1.2 percent. The biggest gainer was Italy's FTSE MIB, which was trading 3.1 percent higher, a day after the government led by Premier Mario Monti agreed big austerity and growth-boosting measures.
Sarkozy is resisting giving up more powers to Brussels in part because he faces a tough re-election campaign in April. Sarkozy is thought to prefer an intergovernmental deal between the 17 euro countries.
The markets are hopeful that, given the gravity of the situation afflicting the euro zone, the two leaders will come up with a common proposal for tighter integration on budget matters. Analysts say that such a plan could lead to further emergency aid from the European Central Bank, possibly through the International Monetary Fund.
Italy's borrowing costs pulled back from a level that might have forced the nation to default. Analysts say bailing out Italy would be too costly and would hurt the credit standing of German and France, which have the strongest economies in the euro group.
The yield on the 10-year Italian bond plunged half a percentage point to 5.99 percent. It rose above 7 percent in November, a level at which other nations were forced to take bailouts. By comparison, bond yields in Germany, Europe's largest and most stable economy, are roughly 2 percent.
The euro rose 0.3 percent to $1.3468. Crude oil rose 98 cents a barrel to $101.96 in New York.
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Sunday, December 4, 2011
Weekly Wrist Watch Round Up
For the 2011 holiday season aBlogtoRead.com is giving away a total of ten watches. Winners will be chosen randomly and selected to win one of the available timepieces. Up for grabs are some desirable mechanical watches and cool gadget pieces. While we tend to prefer "new" versus "old," there is a certain charm in some vintage watches. A great brand to look at is Swiss Omega, and here is a very definitive guide to collecting the best timepieces from their past.Source: http://feedproxy.google.com/~r/Techcrunch/~3/jBP72C8x9pU/
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Saturday, December 3, 2011
Geithner to visit Europe to discuss debt crisis (AP)
WASHINGTON ? Treasury Secretary Timothy Geithner will travel to Europe for a series of meetings in Germany, France and Italy as leaders pursue a plan to solve the European debt crisis.
The Treasury Department says Geithner will meet Tuesday in Frankfurt with officials of the European Central Bank and the German government. He will meet Wednesday in Paris with French President Nicolas Sarkozy and will travel to Milan, Italy, on Thursday to meet new Italian Premier Mario Monti.
The Obama administration has been urging European officials to take more forceful action to confront the continent's debt crisis, which threatens the global economy.
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TSX climbs on banks, Europe hopes (Reuters)
TORONTO (Reuters) ? Toronto's main stock index was higher on Friday morning, on track to post its biggest weekly gain in more than two years, pushed up by strong bank earnings, encouraging U.S. jobs data and talk of more action to ease Europe's debt.
Royal Bank of Canada was the most heavily weighted gainer, up 3.8 percent at C$48.80, after Canada's biggest lender reported a quarterly profit that beat expectations, helped by solid growth in mortgages and business loans, which overshadowed weak capital markets-related income.
"The (bank) earnings reports have surprised most people to the upside, especially the Royal Bank's report," said Douglas Davis, chief executive at Davis-Rea. "There was a lot negative chatter about the Royal Bank, including (CEO Gordon Nixon's) speech in the States when he said that loan growth had slowed a lot, and I think people thought 'uh-oh, he's preparing the market for a bad announcement'. But it didn't happen."
Canada's No. 2 lender, Toronto-Dominion Bank, was the second top advancer, up 2.4 percent at C$73.63, after announcing stronger-than-expected results on Thursday.
The U.S. unemployment rate fell to a 2-1/2 year low of 8.6 percent in November as companies stepped up hiring, further evidence the U.S. economic recovery was gaining momentum.
Markets also latched on to chatter that policymakers appeared to move a step closer to tackling Europe's debt crisis.
Bloomberg cited sources as saying the European Central Bank was gearing up to lend as much as 200 billion euros ($270 billion) to the International Monetary Fund in a bid to ease the debt crisis.
Earlier this week, officials told Reuters at a euro zone finance ministers' meeting that they had not fixed a figure for a possible increase in funds for the IMF.
Meanwhile, German Chancellor Angela Merkel reiterated her strong support for the euro, and called for a rapid European Union treaty change to remedy the root causes of the euro zone's debt crisis. She warned, however, that Europeans faced a long, hard "marathon" to restore lost market credibility.
"The seems to be, I won't say exuberant today, but certainly it's feeling better today," Davis said. "I think that what's happened is the problem is in focus and now everyone is starting to work hard to help to solve the problem and in time I think that they will solve it."
At 10:32 a.m., the Toronto Stock Exchange's S&P/TSX composite index was up 93.68 points, or 0.8 pct, at 12,206.97, its highest level in more than two weeks. Six of the index's 10 sectors were in positive territory.
Earlier this week, the index had its biggest single-day gain since March 2009, spiking more than 4 percent.
Equity strategists and fund managers polled by Reuters predict stocks will continue to grind higher in 2012 as policymakers iron out the euro zone's sovereign debt crisis and improving economic data in Canada and the United States soothes investor concerns about global growth.
The heaviest decliner was Research In Motion, which plunged 8.3 percent to C$17.25 after the BlackBerry maker warned it would fall short of its financial targets after taking a huge charge to write down inventories on its languishing PlayBook tablet.
Bank of Nova Scotia was the second biggest drag on the TSX, down 1.4 percent at C$49.55, despite announcing a 10.7 percent rise in fourth-quarter profit.
($1=$1.02 Canadian)
(Reporting By Claire Sibonney; Editing by Peter Galloway)
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Friday, December 2, 2011
Israeli defense chief: Iran strike may be needed (AP)
JERUSALEM ? Israel does not want to take military action against Iran over its nuclear program, but at some point may have no other option, Israel's defense minister said Thursday.
At this point, Israel does not intend to launch a strike against Iranian nuclear facilities but it retains the option as a "last resort," Defense Minister Ehud Barak told Israel Radio.
"We don't need unnecessary wars. But we definitely might be put to the test," he said. "The non-diplomatic point is a last resort. The fact that all options are on the table is agreed upon by everybody."
Barak said he hoped that sanctions and diplomacy would pressure the Iranian leadership to abandon its suspected nuclear weapons program, but said he does not expect that to happen.
Israel, like the West, suspects Iran is developing a nuclear bomb, despite Tehran's insistence that its nuclear program is designed to produce energy.
Israel says a nuclear-armed Iran would threaten the Jewish state's survival, citing Iranian President Mahmoud Ahmadinejad's repeated references to Israel's destruction, Iran's arsenal of ballistic missiles and its support for militant groups that fight Israel.
The U.S. ? as well as some security experts in Israel ? have loudly opposed the prospect of an Israeli military strike against Iranian nuclear facilities, because of its potential for touching off retaliation against Israel and a broader, regional conflagration.
But Barak suggested that Israel might not alert world powers before embarking on a strike.
"Israel is a sovereign state and it is the government of Israel, the Israeli army and security forces who are responsible for Israel's security, future and survival," he said.
Mysterious blasts, computer viruses and assassinations have disrupted Iran's nuclear program, and there has been speculation of Israeli involvement.
Barak would not comment on that possibility, but said, "We are not happy to see the Iranians move ahead on this (program), so any delay, be it divine intervention or otherwise, is welcome."
In an interview broadcast Thursday on Israeli TV, former Israeli Mossad chief Meir Dagan harshly criticized any plans to attack Iran.
Dagan, who recently retired from the spy agency, estimated that an Israeli attack would likely lead to a regional war in which Syria as well as Lebanese and Palestinian militants would get involved.
"I'm concerned about possible mistakes and I prefer to speak out before there is a catastrophe," he said. "I think that engaging, with open eyes, in a regional war is warranted only when we are under attack or when the sword is already cutting against our live flesh. It is not an alternative that should be chosen lightly."
Dagan said he believed the Iranians were not progressing as quickly as is widely believed and there was still plenty of time to stop them from acquiring the bomb.
A recent survey commissioned for the Saban Center at the Brookings Institution found Jewish-Israelis to be split almost evenly on a possible Israeli strike on Iran.
The Dahaf Institute poll found that 43 percent support an attack on Iran's nuclear facilities while 41 percent oppose it. Sixty-five percent of those surveyed also said they would prefer a nuclear-free region over one in which both Israel and Iran possessed nuclear weapons, while 19 percent favored the alternative.
Israel is widely believed to have nuclear capabilities.
The poll surveyed 510 randomly selected Jewish citizens of Israel earlier this month and had margin of error of 4.4 percentage points.
In another reflection of Israeli concerns over Iran, the Israeli military said Thursday that it has launched a project to teach Farsi, the dominant language in Iran, to Israeli high school students in hopes of preparing them for careers in military intelligence.
An intelligence official said a select group of 23 honors students had been carefully chosen to participate in the three-year course. An intelligence commander in uniform comes to their school to teach the course, and soldiers from the intelligence unit help them with homework.
"The need for Persian instruction is obvious," the official said, speaking on condition of anonymity in line with army protocol.
A few dozen high-school students graduated this year from a similar pilot course in high-level Arabic. Most of them subsequently enlisted into Israel's military intelligence, the official said.
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