UE plans to launch rival bid for WBL Corp

SINGAPORE: Another corporate fight is brewing as property and engineering group United Engineers plans to launch a rival bid for WBL Corp at S$4 a share. United Engineers said the company's growth has reached its peak after the property and construction firm raked in record revenue of S$1.19 billion in 2011.The company is now looking for more recurring income.To do that, United Engineers...

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RIM now rebranded to 'BlackBerry'

The new ticker symbols for BlackBerry.(Credit:Sarah Tew/CNET)Research In Motion (RIM) is no more.At the BlackBerry 10 launch event in New York City today, CEO Thorsten Heins announced that RIM has been retired for simply, BlackBerry. "Our customers use BlackBerrys, our employees work for BlackBerry," Heins said before a packed house.With its name change comes a change to its ticker symbol. On the...

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Giffords to Senate: 'Americans Are Counting on You'

Former congresswoman Gabrielle Giffords, whose congressional career was ended by a bullet wound to her head, opened a Senate hearing on gun violence today by telling the panel, "Speaking is difficult, but I need to say something important."She told the Senate to be "courageous" because "Americans are counting on you."Giffords sat alongside her astronaut husband Mark Kelly as...

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Army warning: unrest pushing Egypt to brink

CAIRO, Egypt (Reuters) - Egypt's army chief said political strife was pushing the state to the brink of collapse - a stark warning from the institution that ran the country until last year as Cairo's first freely elected leader struggles to contain bloody street violence. Abdel Fattah al-Sisi, a U.S.-trained general appointed by President Mohamed Mursi last year to head the armed forces,...

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US Senate committee approves Kerry nomination

  WASHINGTON: Senator John Kerry easily cleared the first hurdle of his confirmation as the next secretary of state Tuesday with a unanimous vote of approval by the Senate Foreign Relations Committee.Kerry, President Barack Obama's pick to replace Hillary Clinton as the nation's top diplomat, must still be confirmed by a vote of the full Senate later in the day, but that was expected...

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Verizon clears Jetpack 4G mobile hotspot for take off

Need a way to surf almost anywhere without relying on sketchy public Wi-Fi? Verizon sure thinks you do and hopes to entice subscribers with a new Jetpack mobile hotspot.Called the Jetpack 4G LTE Mobile Hotspot MiFi 510L and made by Novatel, this gadget ships January 31 for $19.99 and continues the carrier's line of portable 4G sharing products. The hockey puck shaped 510L can spread its 4G LTE data...

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Report: A-Rod, Cruz, Gonzalez linked to PED probe

New York Yankees' $275 million man Alex Rodriguez, Washington Nationals All-Star Gio Gonzalez and Texas Rangers slugger Nelson Cruz are among the players connected to performance-enhancing drugs in a new investigative report by the Miami New Times. A former employee of a South Florida clinic called Biogenesis gave the Miami New Times "an extraordinary batch of records" showing athletes received...

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Obama's Immigration Plan to Have More Direct Path

President Barack Obama is expected to lay out his principles for immigration reform in a speech in Las Vegas today that will include a potentially quicker path to citizenship than the bipartisan plan a group of senators unveiled earlier this week.The president will offer some new details about the White House's immigration reform plan, which expands on a blueprint it released in...

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Violence flares in Egypt after emergency law imposed

CAIRO (Reuters) - A man was shot dead on Monday in a fifth day of violence in Egypt that has killed 50 people and prompted the Islamist president to declare a state of emergency in an attempt to end a wave of unrest sweeping the Arab world's biggest nation. Emergency rule announced by President Mohamed Mursi on Sunday covers the cities of Port Said, Ismailia and Suez. The army has already been...

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Iran sends monkey into space

TEHRAN: Iran on Monday successfully sent a monkey into orbit, paving the way for a manned space flight, Defence Minister Ahmad Vahidi told state television.Arabic-language channel Al-Alam and other Iranian news agencies said the monkey returned alive after travelling in a capsule to an altitude of 120 kilometres (75 miles) for a sub-orbital flight."This success is the first step towards...

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