2012 YEAR IN REVIEW

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  • 'Dinner Lab' Competition Gives Aspiring Chefs a Chance of a Lifetime
    'Dinner Lab' Competition Gives Aspiring Chefs a Chance of a Lifetime

    New Orleans-based Dinner Lab is a members-only, pop-up restaurant where diners not only get to eat food prepared by some of the best chefs in the country but also give critical feedback to a chef who is front and center in the dining room. Brian Bordainick told Yahoo News and Finance Anchor, Bianna Golodryga that he started Dinner Lab shortly after he moved to New Orleans, hoping to change the way Americans view fine dining. Members pay an annual fee of $100 for a spot on Dinner Lab's guest list. One hundred and twenty members sign up, and a chef starts preparing the meal of his or her life.

  • Alcatel-Lucent surprises with recovery gains, shares jump
    Alcatel-Lucent surprises with recovery gains, shares jump

    Telecommunications equipment group Alcatel-Lucent, fighting back from a series of crises, surprised with the extent of its success in cutting losses, in quarterly results on Thursday. Alcatel-Lucent, which has said that this recovery programme is a last-chance effort, said in a statement that the group's net loss of 18 million euros in the quarter was "an improvement of 182 million euros compared to the third quarter of Q3 2013". Chief executive Michel Combes who introduced a recovery programme called "The Shift Plan", when he was appointed to turn the group around, said that the main target was to generate spare cash on a lasting basis from next year. Since a merger between French company Alcatel and US group Lucent, the group has lurched from crisis to recovery and jobs-cutting programme, beset by cultural and boardroom difficulties and a rise of competition from emerging countries and notably China.

  • Microsoft unveils fitness gadget, health tracking
    Microsoft unveils fitness gadget, health tracking

    NEW YORK (AP) — Microsoft is releasing a $199 fitness band that also checks your email and even pays for coffee as the software company seeks to challenge Apple and others in the still-infant market for wearable devices.

  • Wal-Mart to expand discounts as retail price war heats up

    (Reuters) - Wal-Mart Stores Inc said it will expand its offering of discounted products during the holiday season and may broaden a price-matching scheme to include online rivals, in the latest sign of an escalating price war among big U.S. retailers. Wal-Mart said it was bracing for competition to be as tough or tougher than in 2013, when heavy discounting depressed earnings across the industry. Wal-Mart's profits dropped in the holiday quarter last year and it has posted six straight quarters of flat or declining same-store sales. ...

  • Frances McDormand: 'I’m happy with the way I look and how I age'
    Frances McDormand: 'I’m happy with the way I look and how I age'

    HBO strikes again. This Sunday, the network premieres "Olive Kitteridge," a two-part miniseries based on Elizabeth Strout's Pulitzer Prize-winning collection of short stories about residents in a small town in Maine. Dubbed a "traumedy" by director Lisa Cholodenko, the screen version features Frances McDormand as Olive, the retired math teacher with a dysfunctional marriage and a son who, like her, suffers from depression.

  • Hong Kong protests a 'national security issue' for China
    Hong Kong protests a 'national security issue' for China

    By Clare Baldwin HONG KONG (Reuters) - Hong Kong's pro-democracy protests have escalated into a national security issue threatening Chinese sovereignty over the Asian financial center, a delegate to China's rubber-stamp parliament said on Thursday. Businessman and lawmaker Michael Tien Puk-sun said support for Hong Kong Chief Executive Leung Chun-ying was crucial to the city's future stability and there was no longer any room to remain neutral. The protesters have blocked key intersections for a month in their demand for fully-democratic elections for the city's next chief executive in 2017. ...

  • 'Game of Thrones' Cast Signs for Season 7 with Big Raises (Exclusive)
    'Game of Thrones' Cast Signs for Season 7 with Big Raises (Exclusive)

    HBO has renegotiated the stars' contracts using a tiered system to factor in a potential seventh season.

  • Dylan to release new album in 2015
    Dylan to release new album in 2015

    Rock legend Bob Dylan will release a new album in 2015, he has confirmed, after he unexpectedly put out a cover of a Frank Sinatra song. A note in the boxed-set says simply: "'Bob Dylan, Shadows in the Night,' New album coming in 2015." In May, Dylan hinted at the album by releasing on his website a picture of himself with the title, "Shadows in the Night," behind blue bars in the style of a record cover. Dylan also at the same time put out a cover of "Full Moon and Empty Arms," a pop song based on a work by classical pianist and composer Sergei Rachmaninoff that was most famously performed by Frank Sinatra in 1945.

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