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Borders narrows loss for 2nd quarter

Sumber : Yahoo! News, AP Business Writer, 26 Agustus 2008 By SARAH SKIDMORE, AP Business Writer Tue Aug 26, 6:37 PM ET

PORTLAND, Ore. – Bookseller Borders Group Inc. said Tuesday that it narrowed its losses and slashed its debt during the second quarter, but continued to see sales slow as consumers limited their discretionary spending.

The Ann Arbor, Mich.-based company said it lost $9.2 million, or 15 cents a share, for the quarter ending Aug. 2. That compares with a loss of $25.1 million, or 43 cents a share for the same quarter of last year.

“We’re very pleased,” Borders Group CEO George Jones told The Associated Press. “We feel like we’ve been managing our business very well and cutting expenses.”

Investors greeted the results with optimism, sending Borders’ shares up more than 7 percent in after-hours trading.

The company, which has been restructuring and selling some business units, said that it lost $11.3 million, or 19 cents a share, from its continuing operations, compared with a loss of $18.1 million, or 31 cents a share, last year. … continue reading this entry.

Famous Peruvian writer applauds Obama’s candidacy

Sumber : Yahoo! News, 16 Agustus 2008, Sat Aug 16, 9:49 PM ET

CARACAS, Venezuela – Peruvian novelist and politician Mario Vargas Llosa says Barack Obama would make a “magnificent” U.S. president.

The prize-winning writer says Obama “represents the American dream,” though he also respects rival candidate John McCain.

One of Latin America’s best known writers, Vargas Llosa ran for Peru’s presidency in 1990, but lost to Alberto Fujimori.

He spoke to reporters on Saturday in Venezuela, where one of his plays is being performed. … continue reading this entry.

Books For the Fall: Obama, Woodward and Moore

Sumber : Yahoo! News, 18 Agustus 2008 By HILLEL ITALIE, AP National Writer Mon Aug 18, 11:05 PM ET

NEW YORK – In case you’re wondering which books to read this fall, Michael Moore has a suggestion: Don’t read any.

Not the new fiction by Toni Morrison or Philip Roth or Stephen King. Not that policy book by Sen. Barack Obama, whom Moore is supporting for president; or Bob Woodward’s latest on the Bush administration; or Thomas Friedman’s manifesto on the environment.

Not even a little paperback meant as a handbook to the political campaigns. It’s called “Mike’s Election Guide 2008″ and it’s written by a certain Academy Award-winning filmmaker and well known agitator named Michael Moore.

“There really is no time for any frivolity. People are already working two jobs to put gas in the tank, so they can drive from the first job to the second job. People need to spend as much of their free time as possible for candidates,” says Moore, who believes that electing progressives will improve the economy, and in the long run, enable people to read more.

“I would rather you go and work for a local candidate than read my book.”

A multibillion-dollar industry has been built around such “frivolity” and if Moore is looking for an argument — as he often is — he can begin with the team at Grand Central Publishing that’s releasing “Mike’s Election … continue reading this entry.

Obama book falls victim to booksellers’ rivalry

Sumber : Yahoo! News, 19 Agustus 2008 By HILLEL ITALIE, AP National Writer Tue Aug 19, 1:35 AM ET

NEW YORK – A new book about Sen. Barack Obama has intensified a rivalry between two powerful competitors: Barnes & Noble, Inc. and Amazon.com.

Chelsea Green Publishing, a small, liberal publisher based in Vermont, is releasing Robert Kuttner’s “Obama’s Challenge,” a call for Obama to enact a bold, progressive economic agenda. It plans to distribute copies at next week’s Democratic National Convention, where Obama is expected to get the party’s presidential nomination.

Angering both Barnes & Noble and independent sellers, the publisher also will distribute coupons that can be redeemed exclusively through Amazon.com’s BookSurge, a “print-on-demand” service that through digital technology enables books to be printed in small quantities. … continue reading this entry.

Buck, Poehler help indie label celebrate 20 years

Sumber : Yahoo! News, 25 Agustus 2008 By Cortney Harding Mon Aug 25, 5:36 PM ET

NEW YORK (Billboard) – Peter Buck of R.E.M., “SNL” star Amy Poehler and novelist Jonathan Lethem are among the curators of a limited-edition series of CDs that will mark the 20th anniversary of North Carolina independent label Merge Records.

SCORE!, a subscription-only boxed set, will feature 14 custom-curated discs comprising material from the Merge catalog, along with original artwork.

The first two discs will be curated by Buck and “Junebug” director Phil Morrison. In addition to Poehler and Lethem, curators of future volumes include musician David Byrne, artist Marcel Dzama and Momofuku chef David Chang.

Quantities of the discs will be limited to the number of people who preorder the series between September 8 and January 2009, when the first two volumes are scheduled for delivery. Proceeds from SCORE! will benefit charities chosen by the individual curators. … continue reading this entry.

Hemingway confidante brings author’s Havana to life

Sumber : Yahoo! News, 27 Agustus 2008 By Anna MacSwan Wed Aug 27, 3:05 PM ET

EDINBURGH (Reuters) – She was a teenager from Dublin looking to make her name as a journalist when American author Ernest Hemingway entered her life in 1959.

The young Irishwoman became his secretary and traveling companion, and after his death married his son.

Decades later, Valerie Hemingway brought her memories of daiquiris in tropical Cuba and bullfights in Spain to rainy Edinburgh, Scotland’s capital.

She teamed up with Scottish director Toby Gough and a Cuban music and dance group to recreate the Havana of the 1950s in a stage production called “Hemingway’s Havana” as part of last week’s Fringe Festival.

“Hemingway loved Cuba because it was a place where he could be anonymous,” she said in an interview with Reuters. … continue reading this entry.

US military returns control of Anbar to Iraqis

Sumber : Yahoo!News, 01 September 2008 By ANNA JOHNSON, Associated Press Writer 15 minutes ago

BAGHDAD – The U.S. military handed over control of once brutally violent Anbar province to Iraqi forces Monday — marking a major milestone in America’s plan to eventually send its troops home.

But American officials warned that the struggle against al-Qaida in Iraq and other insurgents was not over in the western region, the scene of some of the bloodiest battles in Iraq since the 2003 U.S.-led invasion.

“This war is not quite over, but it’s being won and primarily by the people of Anbar. Al-Qaida has not been entirely defeated in Anbar, but their end is near and they know it,” said Marine Maj. Gen. John Kelly, the top U.S. commander in Anbar, during the handover ceremony. … continue reading this entry.

Sean Connery’s memoirs no “kiss and tell”

Sumber : Yahoo! News, Posting, 01 September 2008

By Ian MacKenzie Wed Aug 27, 3:08 PM ET

EDINBURGH (Reuters) – If you are looking for kiss-and-tell stories about the Bond girls or movie town gossip, Sean Connery’s memoirs are not for you.

More of a coffee table book, the renowned Scottish actor’s autobiography, “Being A Scot,” is a heavyweight tome written in collaboration with Scottish film maker Murray Grigor.

The book, launched on Connery’s 78th birthday this week at the Edinburgh International Book Festival, relates his 1930s childhood in the poor Fountainbridge area of Edinburgh.

He details his break into acting by way of milk delivery boy, the Royal Navy (invalided out with ulcers), art college model, bodybuilder, and — almost — professional footballer. … continue reading this entry.