Daily Archives: April 20, 2012

Angelina Jolie and Brad Pitt Engaged!

April 20, 2012   Joanelle Navarro   No comments

Photo Credit: www.stylenews.peoplestylewatch.com

Hollywood’s megastar couple have finally decided to get hitched!

After around 8 years together, Angelina Jolie and Brad Pitt have gotten engaged.

Pitt’s manager, Cynthia Pett-Dante, confirmed the news on April 13, 2012.  ”Yes, it’s confirmed.  It’s a promise for the future, and their kids are very happy.  There’s no date set at this time,” Pett-Dante said in a statement.

The engagement ring, which cost $500,000, was custom made by Pitt with help from Beverly Hills jeweler Robert Procop.

The news of Pitt and Jolie’s engagement comes as a bit of a shock, especially since in 2006, Pitt admitted that he and Jolie weren’t planning to get married until gay marriage was legalized in all of the states.  But apparently constant pushing from their brood of six children led to the engagement, as all of them wanted their mother and father to tie to knot.

Jolie and Pitt met on the set of Mr. and Mrs. Smith in 2005.  The couple has three adopted children: Maddox, Zahara, and Pax, and three biological children: Shiloh, Vivienne, and Knox.

 

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11-Year-Old Commended for Plan to Save Euro

April 20, 2012   Joanelle Navarro   No comments

Photo Credit: www.uk.finance.yahoo.com

An 11-year-old-boy has been commended for his plan to save the Euro.

Jurre Hermans from the Netherlands sent in his own plan to the Wolfson Economics competition which asked people to come up with their best plan for dealing with a eurozone break-up.

While Hermans didn’t win, he did receive a special mention and was given a 100-euro gift voucher.

Hermans plan was for Greeks to be incentivised to return their euros for their old currency, the drachma, as debt repayment.  He also said that if they didn’t return their euros, they would have to be fined at least the amount of money they held back.

The list of finalists was shortlisted to five, which are that of Roger Bootle and Capital Economics, Cathy Dobbs, a private investor, Jens Nordvig and Nicko Firoozye of Nomura Securities, Neil Record of Record Currency Management, and Jonathan Tepper of Variant Perception.  The Wolfson prize is only second in value to the Nobel Prize and is worth around $170,000.

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More Americans Than Expected Filing for Unemployment

April 20, 2012   Lindsay Robbins   No comments

Photo Credit: www.workerslawwatch.com

Even though in the week of April 14 applications for unemployment insurance payments decreased, more American filed for jobless benefits than was expected.

The payments decreased by 2,000, to 386,000, but the number was still above the market expectation, which was 370,000.

Only 120,000 workers were hired in March, which was also lower than expected, even while the unemployment rate dropped to 8.2 percent.

However, they believe that there were some one-time factors that caused weakness in March, and that April will be better. There is hope that there will be job growth of over 200,000 a month for the rest of 2012.

To read more about unemployment claims, click here

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All Time Low Finish Drums for New Album

April 20, 2012   Samantha Kauffman   No comments

Photo Credit: last.fm

The pop punk band, All Time Low, have finished laying down the percussion for the band’s new album.

According to a tweet by Rian Dawson, the drummer for All Time Low, after preparing for seven days and recording for between 10 and 11 hours, he was very excited to have his part done.

All Time Low have released four albums to date.

The band started recording the new album, April 18, 2012 under their producer Mike Green.

All Time Low fans are awaiting the release of this new album.

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Owl City and Blink-182 Member Create Song

April 20, 2012   Samantha Kauffman   No comments

Photo Credit: http://alternativemusichub.com

Blink-182 member, Mark Hoppus, teamed up with band Owl City to create the song, “Dementia.”

Owl City is an electronic pop band that was formed back in 2007.

Blink-182, who disappeared from the lime-light for a few years seems to be getting involved in music as much as they can.

Recently Travis Barker was seen performing with the Muppets and now Hoppus with Owl City.

What else can we expect to see from the band over the next few months?

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Google and Oracle Fight in Court

April 20, 2012   Rebecca Welk   No comments

Oracle is suing Google, claiming that the company used part of Oracle’s Java technology to create the Android software for its devices. In 2010, Oracle acquired Java after buying Sun Microsystems Inc. for $7.3 billion.

Photo Credit: www.itsagadget.com

Oracle is demanding that Google pay hundreds of millions of dollars for damages in addition to licensing fees for using Java. Google claims that their Android software does not infringe on any copyrights or patents of Java.

Michael Jacobs, Oracle’s lawyer, used emails between the two companies in court that suggested Google knew it should pay licensing fees to Oracle for Java.

According to Google, former CEO of Sun Microsystems, Jonathan Schwartz, supported Android’s use of Java. Schwartz is also supposed to testify for the company.

To read more about the trial, click here.

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Dixon, Ill. CFO Allegedly Looting City Coffers

April 20, 2012   Lindsay Robbins   No comments

Photo Credit: www.investmentwatchblog.com

Dixon, Illinois Chief Financial Officer Rita Crundwell is allegedly stealing money from the coffers, around $33.2 million, to fund her lavish lifestyle.

Crundwell, 58, allegedly took $3.2 million and misappropriated more than $30 million, U.S. Attorney Patrick Fitzgerald said.

Crundwell was charged with one count of wire fraud. Her scheme was caught when a city employee took over for Crundwell when she took an unpaid extended vacation. This employee sent a bank account statement to Dixon Mayor James Burke, who did not know that this bank account existed.

For more on what she spent this money on, go here

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