Canada seen needing to spell out rules for natural gas projects

CALGARY, Alberta (Reuters) – The fate of a handful of liquefied natural gas projects planned for Canada’s Pacific coast may depend on the Canadian government‘s willingness to spell out rules for foreign investment in the country’s energy sector, according to a study released on Thursday.Apache Corp, Royal Dutch Shell Plc, Petronas, BG Group Plc and others...

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Lakers intrigued by chance to play for D’Antoni

EL SEGUNDO, Calif. (AP) — Pau Gasol got home from the game and read about it on Twitter, while Dwight Howard got a midnight message on his BlackBerry. They shared most Los Angeles Lakers fans’ mix of surprise, trepidation and anticipation.Just when everybody thought the Lakers were getting back together with Phil Jackson, they switched course in the middle...

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‘Sesame Street’ Elmo puppeteer takes leave amid sex scandal

LOS ANGELES (Reuters) – The puppeteer and voice behind the character Elmo on “Sesame Street” has taken a leave of absence from the children’s television show following allegations that he had a sexual relationship with a 16-year-old boy, producers said on Monday.New York-based Sesame Workshop said in a statement that its own inquiry concluded that the...

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Nesquik Recall Q and A: Are Your Kids Safe?

Nestlé announced late last week a recall of Nesquik for possible Salmonella contamination. Promoted by the Nesquik Bunny, the chocolate milk flavoring is consumed primarily by children. Here’s what you need to know to make sure your kids are safe from this Salmonella risk.How Do I Know If My Nesquik Is Part of the Recall? The...

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Thompson takes helm at NYTimes, faces stiff challenges

(Reuters) – Mark Thompson reported to work as the New York Times Co chief executive on Monday, confronting challenges ranging from making the publisher less dependent on advertising to trimming costs and figuring out what to do with its pile of cash.Thompson is also dealing with questions pertaining to a series of scandals at the BBC, where he served as...

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BBC must reform or die, says Trust chairman

LONDON (Reuters) – The BBC could be doomed unless it makes radical changes, the head of its governing trust said on Sunday, after its director general quit to take the blame for the airing of false child sex abuse allegations against a former politician.Chris Patten, chairman of the BBC Trust, said confidence had to be restored if the publicly funded corporation...

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China’s Alibaba Group Q2 net profit doubles: SEC filing

SHANGHAI (Reuters) – China‘s Alibaba Group more than doubled its April-June net profit and grew sales by 71 percent for the period, proving the country’s largest e-commerce firm has shrugged off intensifying competition in the sector.Yahoo Inc which sold a partial stake in Alibaba back to the privately-owned group in September, still holds 24 percent of...

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BBC head says broadcaster must reform or die

LONDON (Reuters) – Britain‘s BBC could be doomed unless it makes radical changes, the head of its governing trust said, after its director general quit to take the blame for the airing of false child sex abuse allegations against a former politician.BBC Trust chairman Chris Patten said on Sunday confidence had to be restored if the publicly funded corporation...

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Protective eye gear cuts field hockey injuries

NEW YORK (Reuters Health) – Fewer high school field hockey players get head and face injuries when they’re required to don protective eyewear, according to a new comparison of states with and without those policies in effect.Researchers were looking into worries that the equipment, while preventing eye injuries, might encourage players to get more physical...

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Asian shares held back by weak Japan GDP, U.S. fiscal cliff

TOKYO (Reuters) – Asian shares were capped on Monday as investors’ concerns about the fiscal crisis in the United States and Greece’s bailout program dented optimism over the growth prospects of the world’s two largest economies, the United States and China.Adding to the uncertainty, Japan reported that its economy shrank 0.9 percent in July-September...

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