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Sainsbury's chief ousted in shareholder revolt

Sainsbury's chief ousted in shareholder revolt---Sir Peter Davis, 62, quit unexpectedly after shareholders threatened a revolt over a bonus scheme which has paid out 2.5m to him despite falling sales and profits.
The move, instigated by a handful of City institutions, appeared to herald a fresh wave of shareholder revolts against so-called "rewards for failure" enjoyed by executives at large, but troubled, companies.
(Guardian)

Posted at 07:17 PM | Comments (0)

Stern lambastes Bush, FCC

Radio host Howard Stern took aim at the Bush administration, the Federal Communications Commission (FCC) and media giant Clear Channel as he announced Wednesday that his program will soon be broadcast on nine new stations across the country.
In a news conference held during his morning show, Stern said some of those stations -- in Pittsburgh, Pennsylvania; San Diego, California; West Palm Beach, Florida; Rochester, New York; and Orlando, Florida -- will replace Clear Channel stations that once carried the Howard Stern program.
In February, Clear Channel pulled Stern from six of the stations it owns after the FCC fined the company $495,000 for Stern comments that were deemed indecent. (CNNMoney: Stern's show adds stations)
"When I was thrown off the six stations I was devastated. I really thought Clear Channel had 'thrown me under the bus,'" Stern said. (Clear Channel yanks Stern from 6 stations)
"I'm not taking it sitting down. ... I'm going to kick their asses. ... I'm thrilled to be back on in these markets."
(CNN.com)

Posted at 02:06 PM | Related posts: Politics | Comments (0)

$550,000 Fine Proposed for CBS Halftime Show

$550,000 Fine Proposed for CBS Halftime Show---the head of the Federal Communications Commission has recommended that Viacom's CBS network be fined $550,000 for broadcasting the infamous two-second exposure of Janet Jackson's breast during the Feb. 1 halftime show....the fine sought by FCC Chairman Michael K. Powell, if approved by the four other FCC commissioners, would be the highest forfeiture ever imposed on a television network.
(L.A. Times)

Posted at 01:59 PM | Related posts: Politics | Comments (0)

Many gain more weight by dieting

A study published in the latest edition of the Journal of the American Dietetic Association showed overweight young girls who are experienced dieters by the age of nine are also putting on extra weight through dieting.
Jennifer Shunk and Leann Birch at the Pennsylvania State University studied 153 young girls and found many intentionally tried to eat small amounts to lose weight but ended up eating more as a result.
(BBC)

Posted at 01:55 PM | Comments (0)

I'm on vacation

I'm on vacation this week. You can check out pics of my trip at chaz.13beachwood.net. Would someone please tape 'The Rules According to Jim' for me? Thank God that the talented Belushi brother lived.

Posted at 01:11 AM | Comments (0)

Jackson Won't Be Coaching Lakers and Biggest Stars May Not Be Back

Jackson Won't Be Coaching Lakers and Biggest Stars May Not Be Back---Jackson, 58, joined the Lakers in 1999, having coached the Chicago Bulls to six NBA titles in the 1990s with Michael Jordan on the team. When he arrived in Los Angeles, O'Neal and Bryant had already been together for three seasons without winning a title. Jackson led the Lakers to the NBA Finals in four of his five seasons.
His nine career championships tied him with the Boston Celtics' Red Auerbach for the most by a coach; his .725 winning percentage and 175 playoff victories are the highest in league history.
(L.A. Times)

Posted at 12:40 AM | Related posts: NBA | Comments (0)

Marshmallow Bust Haunts Woman on Cruise

A teacher's aide who forgot to put away her marshmallows and hot chocolate at Yellowstone National Park last year was taken from her cruise ship cabin in handcuffs and hauled before a judge Friday, accused of failing to pay the year-old fine.
Hope Clarke, 32, crying and in leg shackles, told the judge she was rousted at 6:30 a.m. by federal agents after the ship returned to Miami from Mexico. She insisted that she had been required to pay the $50 fine before she could leave Yellowstone, which has strict rules about food storage to prevent wildlife from eating human food....U.S. Magistrate Judge John O'Sullivan, who had a copy of a citation indicating the fine had been paid, apologized to Clarke, who spent nearly nine hours in detention, and demanded that the U.S. attorney's office determine what went wrong.
(AP)

Posted at 10:28 PM | Related posts: Crime & Punishment | Comments (0)

Shaq is a petulant child

Through his agent, Perry Rogers, O'Neal has demanded the Lakers trade him, a request team management sources say will be granted, if possible.
O'Neal, in a telephone interview, said he had lost faith in the franchise and its general manager, Mitch Kupchak....By late in the season, sources close to Buss were suggesting the owner would order Kupchak to trade O'Neal anyway, which might have led to the slowing in negotiations. While there is no debating O'Neal's on-court value, his contract takes up nearly three-quarters of the team's salary cap, which had made difficult Kupchak's job of building around O'Neal.
(L.A. Times)

Posted at 10:23 PM | Related posts: NBA | Comments (0)

Bush told he is playing into Bin Laden's hands

A senior US intelligence official is about to publish a bitter condemnation of America's counter-terrorism policy, arguing that the west is losing the war against al-Qaida and that an "avaricious, premeditated, unprovoked" war in Iraq has played into Osama bin Laden's hands....The fact that he has been allowed to publish, albeit anonymously and without naming which agency he works for, may reflect the increasing frustration of senior intelligence officials at the course the administration has taken. ....Anonymous does not try to veil his contempt for the Bush White House and its policies. His book describes the Iraq invasion as "an avaricious, premeditated, unprovoked war against a foe who posed no immediate threat but whose defeat did offer economic advantage.
"Our choice of timing, moreover, shows an abject, even wilful failure to recognise the ideological power, lethality and growth potential of the threat personified by Bin Laden, as well as the impetus that threat has been given by the US-led invasion and occupation of Muslim Iraq."
In his view, the US missed its biggest chance to capture the al-Qaida leader at Tora Bora in the Afghan mountains in December 2001. Instead of sending large numbers of his own troops, General Tommy Franks relied on surrogates who proved to be unreliable.
(Guardian)

Posted at 07:07 PM | Related posts: War & Peace | Comments (0)

Doctor Billed State After Sex With Patient

An Oregon City doctor will spend two months in jail after he advised a patient that having sex with him would help her pelvic pain, then billed the Oregon Health Plan for his time during their sessions. (AP)

Posted at 06:51 PM | Related posts: Bizarro World | Comments (0)