February 25, 2011

For the first time since 2004, there’s black ink on the bottom line for the annual report from General Motors. The automaker that nearly collapsed two years ago before being saved by a government bailout says it turned a profit of $4.7 billion in 2010 and almost reclaimed the title of the world’s biggest selling car company, a distinction that’s still held by Toyota. Source Lin


It’s still a few days until the gold statuettes will be handed out in Hollywood, but Las Vegas odds makers say several Oscar races are all but over. The betting line has “The King’s Speech” and its star Colin Firth as prohibitive favorites to win the the Academy Awards for Best Picture and Best Actor, and Natalie Portman the favorite for Best Actress for her role in “Black Swan.” Source Link 


The Big Apple has turned off the smoking lamp both indoors and out. Beginning on May, smoking in New York City's parks, beaches, boardwalks, pedestrian plazas and other public spaces will be banned. The move has plenty of critics but follows a pattern of heath initiatives. Eight years ago, New York City enacted one of the nation’s first comprehensive indoor smoking bans. Source Link