Multibillion-dollar health fund fires watchdog

GENEVA (AP) — The board of a $ 23 billion health fund trying to restore its image fired its top internal watchdog, whose office has been uncovering financial losses.The Global Fund to Fight AIDS, Tuberculosis and Malaria said in a statement Thursday that its board had terminated the employment of Inspector General John Parsons “after a careful review...

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Beating tax cheats key to Italy’s recovery plan

ROME (AP) — Good plumbers may be worth their weight in gold, but when one was spotted zipping around in a bright red Ferrari, Italian tax police were fast on his trail.Stamping out entrenched tax evasion is crucial to Premier Mario Monti‘s quest to keep Italy from succumbing to the European debt crisis, and it is critical to fellow eurozone members in...

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Facebook stock up as lock-up expires on largest block of shares

SAN FRANCISCO (Reuters) – Shares of Facebook Inc jumped 10 percent in early trading on Wednesday, even as the biggest block of shares held by insiders became eligible for sale for the first time since the social media company’s disappointing debut in May.In heavy morning trading, Facebook gained $ 2.02 to $ 21.89. “While...

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Actor Channing Tatum dubbed People’s sexiest man alive

NEW YORK (Reuters) – Actor Channing Tatum, who set female hearts fluttering in the summer movie hit “Magic Mike”, was named the sexiest man alive by People magazine on Wednesday.“My first thought was, ‘Y’all are messing with me,” Tatum told the magazine after hearing the news. The 32-year-old actor, who is married to...

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Ireland probes death of ill abortion-seeker

DUBLIN (AP) — The debate over legalizing abortion in Ireland flared Wednesday after the government confirmed that a miscarrying woman suffering from blood poisoning was refused a quick termination of her pregnancy and died in an Irish hospital.Prime Minister Enda Kenny said he was awaiting findings from three investigations into the death of Savita Halappanavar,...

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FBI finds classified docs in Petraeus' lover's house

Paula Broadwell, the author who allegedly had an affair with former CIA Director David Petraeus, is suspected of storing significant amounts of military documents, including classified material, at her home, potentially in violation of federal law.A source familiar with case told ABC News that Broadwell admitted to the FBI she took the documents from secure government buildings. The government demanded...

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Facebook stock up as lock-up expires on largest block of shares

SAN FRANCISCO (Reuters) – Shares of Facebook Inc jumped 10 percent in early trading on Wednesday, even as the biggest block of shares held by insiders became eligible for sale for the first time since the social media company’s disappointing debut in May.In heavy morning trading, Facebook gained $ 2.02 to $ 21.89. “While...

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Prospect of going over 'fiscal cliff' bringing old rivals together

RT @ABCNewsEnt: AND People's Sexiest Man Alive 2012 Is...Actor #ChanningTatum! http://t.co/6GUKX...

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Anne Hathaway reveals oatmeal paste diet for ‘Les Miserables’

LOS ANGELES (Reuters) – Hollywood starlet Anne Hathaway credits a strict diet of dried oatmeal paste for helping her shed some 25 pounds (11 kg) for her role in the forthcoming big screen musical “Les Miserables.”“I had to be obsessive about it – the idea was to look near death,” Hathaway told Vogue about preparing for her role as the consumptive prostitute...

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Beating tax cheats key to Italy’s recovery plan

ROME (AP) — Good plumbers may be worth their weight in gold, but when one was spotted zipping around in a bright red Ferrari, Italian tax police were fast on his trail.Stamping out entrenched tax evasion is crucial to Premier Mario Monti‘s quest to keep Italy from succumbing to the European debt crisis, and it is critical to fellow eurozone members in...

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