AP News Alert Pfizer Inc. says it will cut 10,000 jobs and close some plants in an effort to cut costs by $2 billion a year. more Stores Counting on Post-Holiday Shopping  © The Associated Press Tsunami Aims at Philippines After Quake A powerful quake struck off southwestern Taiwan on Tuesday, triggering a potentially destructive tsunami that was headed toward the Philippines on the second anniversary of the deadly waves that killed thousands in south Asia. more Schwarzenegger to Have Surgery on Leg  © The Associated Press Nigerian Pipeline Explosion Kills 200 At least 200 people were killed Tuesday when a gasoline pipeline exploded in Nigeria's biggest city of Lagos, a Red Cross official said. The death toll was expected to rise. more
Sun, Intel to Partner on Server Chips Sun Microsystems Inc. will begin building a line of servers that run on chips from Intel Corp. and will receive Intel's endorsement of Sun's Solaris operating system, executives from both companies said Monday. more Citigroup CFO Krawcheck Steps Aside Sallie L. Krawcheck, chief financial officer at Citigroup Inc. and one of the most powerful women on Wall Street, was reassigned Monday to head of the company's brokerage and private banking business _ a lower profile job with narrower responsibilities. more Co. Pledges Millions for Scholarships In one of the most generous programs of its kind anywhere in the country, an oil company announced Monday it is putting up $50 million for college scholarships for nearly all high school graduates in its working-class hometown over the next 20 years. more Pfizer to Cut 10,000 Jobs, Close Plants Pfizer Inc., struggling with fierce competition from makers of generic drugs, announced Monday it will cut 10,000 jobs and close at least five facilities to slash its annual costs by up to $2 billion by next year. more Amateurs Get a Crack at Super Bowl Ads With "American Idol" turning everyday singers into pop stars and YouTube bringing acclaim to wannabe filmmakers, it seems only fitting that Super Bowl advertisers would be the latest to embrace the trend of giving amateurs a shot at the big time. more
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Winners Named for Children's Book Prizes A book by Pete Seeger about a young musician who loses his hearing and a wordless story about an underwater camera were among the winners of children's book prizes announced Monday by the American Library Association. more LA Airport Film Shoots Earns Millions Film shoots at Los Angeles' airports generated $590 million in wages and other revenue in recent years, according to a study being released Monday that researches say highlights the importance of making airports available for filming. more Storied Copa Looking for a New Home The Copacabana, the famed nightclub that entertained the smart set with a young Frank Sinatra in the '40s and was the inspiration for Barry Manilow's signature song in the '70s is looking for a new home again. more ABC Leads Nominees for GLAAD Awards ABC, whose hit show "Grey's Anatomy" has made headlines over an anti-gay slur used by an actor, led nominees for this year's awards from an organization that monitors depictions of gays and lesbians in the media. more McCarthy, Eggers Up for Critics Awards Acclaimed novels by Cormac McCarthy, Richard Ford and Dave Eggers, all passed over last fall for the National Book Awards, were among the finalists announced Saturday for the 33rd annual National Book Critics Circle prize. more
Study: Overcoming Allergies Possible  © The Associated Press Poor Records Plague Bush AIDS Effort President Bush's ambitious AIDS-fighting program in poor countries has pushed so hard for fast results that basic record keeping and accountability often went by the wayside, making it hard to judge the true success, according to government audits and officials. more 12 Ideas to Keep Off Holiday Pounds Three French pastries ... two turtle cheesecakes ... and a partridge in a pear sauce. more Hospital Clowns Boost Sick Kids' Spirits Stephen Ringold is a clown facing a tough audience _ a sick child in a hospital room who needs holiday cheer. For a few minutes, Stephany Nieto sits on her mother's lap, suspiciously eyeing the tall man with the red-and-white checkered shoes half-hiding behind the curtain. Smiling doesn't come easily to the little girl, who her mother says is being examined for a serious illness called moyamoya, an rare inflammation of the brain arteries that can cause seizures and paralysis. more Report: Health Care Suffers at LA Jails The deaths of at least 14 inmates since 1999 in the nation's largest county jail system came after treatment errors and other breakdowns in their medical care, a newspaper reported Sunday. more
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Sun, Intel to Partner on Server Chips Sun Microsystems Inc. will begin building a line of servers that run on chips from Intel Corp. and will receive Intel's endorsement of Sun's Solaris operating system, executives from both companies said Monday. more AOL Names 2 International Executives AOL named an international chief who will work from India and said its European boss is retiring after overseeing the sales of the region's Internet access businesses. more Take-Two Finds Evidence of Backdating Take-Two Interactive Software Inc., publisher of the popular "Grand Theft Auto" video games, said Monday its investigation uncovered stock option irregularities during the tenure of former Chairman and Chief Executive Officer Ryan Brant. more German, French Groups Want Open ITunes German and French consumer groups have joined a Nordic-led drive to force Apple Inc. to make its iTunes online store compatible with digital music players made by rival companies, a Norwegian official said Monday. more Italian Court OKs Non-Profit Downloads Italy's top criminal court has ruled that downloading music, movies and software over the Internet isn't a crime if profit wasn't the motivation, though analysts questioned Monday whether the ruling would have much effect on copyright laws. more
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