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Latest action news and updates

Money Matters - Simplified


Reports of Google TV's Death Are Greatly Exaggerated

Logitech's (Nasdaq: LOGI) Revue box isn't dead. Just ask Logitech. Putting an end to "puzzling speculation" that production has been suspended on the Google TV set-top box pending software updates, Logitech executive Ashish Arora explains in an official blog entry that it would never have to hold up the assembly line for refreshing that it delivers digitally.

6 Stocks to Buy Before Netflix

 Normally in this series, I give you a few companies to consider before buying a popular stock. The idea is to show these other possibilities to combat the problem of getting too excited about a stock and buying on emotion. Frequently, the featured stock is one I like.


COL BKB: Connecticut 78, F. Dickinson 54

Storrs, Conn. -- Kemba Walker helped Connecticut get off to a quick start Wednesday and the sixth-ranked Huskies remained unbeaten with a 78-54 win over Fairleigh Dickinson.

Walker, who came into the game leading major college basketball in scoring with 29.1 points per contest, settled for 21 in helping Connecticut climb to 8-0. He made 7-of-13 shots during his 32 minutes of action.

Jeremy Lamb tacked on 12 points for the Huskies and both Shabazz Napier
and Roscoe Smith had 10.

Connecticut scored 15 consecutive points to take a 25-8 lead with 9 minutes remaining in the first half.

Kamil Svrdlik had 21 points to pace the Knights (3-4). They had won their previous three games.

Copyright 2010 United Press International, Inc. (UPI).

'Scorpion 3' shooting under way

Universal City, Calif. -- Principal photography has begun in Thailand on the action flick "The Scorpion King 3," Universal Studios Home Entertainment said Thursday.

The latest installment in the franchise stars Ron Perlman, Victor Webster and Billy Zane. It is slated for release on DVD in early 2012.

"Picking up where 'The Scorpion King 2: Rise of a Warrior' left off, 'The Scorpion King 3' continues the story of Mathayus, now the deposed leader of an ancient desert empire, as he faces the most terrifying challenge of his life," the film production company said in a synopsis.

Ad says Vodka has health benefits

Samara, Russia -- Russian regulators in the Samara region said they are taking action against an advertising firm for promoting vodka as a drink with health benefits.

The Federal Anti-monopoly Service for Samara said an online advertisement by the Direct Line firm also lacked mandatory warnings about health risks associated with alcohol abuse, RIA Novosti reported Monday.

"(Vodka) improves digestion, and helps get rid of colds and headache," the advertisement said.

It also said the liquor "alleviates fatigue and bad moods," the FAS said.
The agency did not specify the action being taken against Direct Line.

Copyright 2010 United Press International, Inc. (UPI).

Mouse head biter acquitted of cruelty

Gotland, Sweden -- A Swedish court has acquitted a man videotaped biting a live mouse's head off because the action was "repulsive, but not criminal."

The Gotland court said the 23-year-old man's actions were "not criminal," as the mouse's death was quick and there was no evidence to suggest the man intended to cause undue suffering to the rodent, the Swedish news agency Tidningarnas Telegrambyra reported Wednesday.

The April incident, which resulted in animal cruelty charges, was recorded on a cellphone camera.

Prosecutor Anna Beckman said she plans to appeal the decision.

Copyright 2010 United Press International, Inc. (UPI).

Colts lose another receiver

Indianapolis -- Indianapolis receiver Austin Collie, who has six touchdown catches in six games this season, underwent thumb surgery Thursday.

The team did not announce how long Collie would be out of action, but the NFL Network reported he would miss at least two weeks.

Collie had been well on his way to a 1,000-yard season when he suffered the injury Sunday against Washington. He has 44 catches for 503 yards.

The news came as the Colts were also announcing that tight end Dallas Clark would be out for an indefinite period with the wrist injury he suffered last week.

Collie and Clark have combined to catch 47 percent of the passes thrown by Peyton Manning this year.

Serena Williams says done for this year

St. Petersburg, Fla. -- U.S. tennis star Serena Williams said Tuesday she is done for the season after re-injuring her right foot.

Williams has been out of action on the WTA Tour since downing Russian Vera Zvonareva July 3 to capture her fourth career Wimbledon title. She played an exhibition match four days later in Brussels but shortly thereafter injured her foot by stepping on broken glass at a restaurant.

The 29-year-old had surgery to repair the damage but on Tuesday said she had "re-torn" the tendon and underwent additional surgery Monday in New York.

Japanese Cabinet approves stimulus plan

Tokyo -- Japan's Cabinet approved a $61.3 billion stimulus spending package Friday and Finance Minister Yoshihiko Noda pledged to support currency intervention.

Noda said "decisive action, including intervention, if necessary," would be used to keep the yen from gaining strength.

For the first time in six years, the Bank of Japan began selling yen in September to reduce its value. In spite of the intervention, the yen hit a 15-year high against the U.S. dollar Thursday at 82.11 yen. The yen's strength undermines the value of Japanese exports, a critical component of the country's economy.

Science council takes on research fraud

Stockholm, Sweden -- The Swedish Research Council says it will take strong action against researchers and scientists who are found to have committed research fraud.

In a release Wednesday, the council said researchers who are guilty of plagiarism, falsification or inventing results face loss of current and future funding.

Any researcher deemed to have deviated from good academic practice or to be academically fraudulent will be barred for up to 10 years from applying for grants from the council, and disbursement of already granted funding will be terminated.