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TORONTO - George Stroumboulopoulos will reportedly be the next host of "Hockey Night in Canada." TSN reporter Bob McKenzie tweeted Sunday the CBC host of "George Stroumboulopoulos Tonight" will become the face of the show when Rogers Communications Inc. takes control of Canada's NHL broadcasting rights next season. Stroumboulopoulos, who was a presenter at the Canadian Screen Awards on Sunday, was not made available for comment. A spokesperson for Rogers' Sportsnet also declined to comment.
By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Monday agreed to consider whether class action claims against underwriters of securities issued by a unit of the now-defunct IndyMac Bancorp Inc should be able to proceed. The court will rule on whether the three-year window for filing certain securities claims is suspended if investors can show they would have been parties in a previously filed class action lawsuit had it not been dismissed. Various institutional investors, including the Wyoming state retirement fund, sued over what they said were untrue statements and omissions concerning mortgage-backed securities issued by IndyMac subsidiary IndyMac MBS Inc. The bank failed in July 2008. They are units of Credit Suisse Group AG , Deutsche Bank AG , Goldman Sachs Group Inc and Morgan Stanley .
McDonald's Corp on Monday reported a bigger-than-expected drop in comparable global sales for February, hurt again by slow business in the United States. McDonald's Chief Financial Officer Pete Bensen said in a press release that the unchanged global comparable sales so far this year "will pressure margins" in the first quarter. McDonald's has reported nearly two years of turbulent sales at established U.S. restaurants amid sluggish economic growth, increased competition and internal missteps that have complicated its menus and slowed service. That performance is heaping pressure on Don Thompson, the chief executive of McDonald's since July 2012, who will face new challenges this year.
By Leah Schnurr TORONTO (Reuters) - Canadian housing starts rose more than expected in February, data released on Monday showed, but the modest increase did not sway economists' expectations that the country's housing market will cool this year. The seasonally adjusted annualized rate of housing starts rose to 192,094 units last month from a upwardly revised 180,481 in January, the Canada Mortgage and Housing Corp (CMHC) said. That topped expectations for an increase to 189,500. ...
(Reuters) - American Airlines said it planned to end agreements covering ticketing, baggage handling and frequent-flyer programs with JetBlue Airways after its merger with US Airways gave it "greater connectivity" along the U.S. East Coast. American Airlines, which merged with US Airways in December to form American Airlines Group Inc , had a so-called interline agreement with JetBlue that allowed customers to buy connecting flights on each other's planes on one ticket. New York-based JetBlue has 80 percent of its operations in the U.S. Northeast. ...
PRETORIA, South Africa - Oscar Pistorius vomited in the dock at his murder trial Monday as he heard graphic details of the injuries sustained by the girlfriend he fatally shot. The testimony of Prof. Gert Saayman, the pathologist who performed the autopsy on Reeva Steenkamp's body, was not broadcast or reported live on Twitter by journalists because of its explicit content under an order from Judge Thokozile Masipa. The double-amputee runner, hunched over on a bench, reacted to the description of Steenkamp's wounds by vomiting and retching repeatedly, prompting Masipa to briefly halt the testimony to ask chief defence lawyer Barry Roux to attend to his client. Saayman stood for much of his time on the stand, referring to photographs that were not shown to the gallery as he described bullet wounds on Steenkamp's body, one to the right side of the head, one to the right arm and one to the right hip area.
OTTAWA - Ukrainian-Canadians marched in Ottawa Sunday in an attempt to convince some of the world's bigger powers to force Russia to release its grip on Ukraine's Crimea region. Only France's ambassador, Philippe Zeller, personally spoke with the dozens of protesters as they waved flags and placards outside the French embassy. Chanting anti-Putin slogans and waving placards, they urged the signators of a 1994 nuclear disarmament agreement with Ukraine to live up to the accord. "We are now turning to the guarantors of the Budapest agreement, the countries that promised Ukraine to do everything in their capacity to prevent it from economic warfare and to protect its territorial integrity," said protest spokeswoman Lada Roslycky.
By Pascal Fletcher MALABO (Reuters) - On land cleared of tropical forest, gleaming new office towers, apartment blocks, homes and highways dazzle the eye in Equatorial Guinea, Sub-Saharan Africa's No. 3 energy producer where oil and gas revenues have fed a frenzy of construction. But cutting away the jungle is proving easier for President Teodoro Obiang Nguema than shedding his central African nation's dark image as a reclusive, repressive and graft-ridden poster child of the "resource curse". ...