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Costa Concordia cruise ship holds a big job for salvage crews

As workers remove the cruise ship’s fuel — a weeks-long task — Costa Cruises will decide whether to repair the vessel or scrap it for parts.

It’s a disturbing sight: a massive, half-submerged cruise ship, dashed against rocks on an island off the Tuscan coast of Italy.

source: HeadlineTodayNews.com

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Uproar over proposed bills delays answer to Internet piracy

With SOPA and PIPA derailed, new rules are likely to be later and narrower than entertainment firms had hoped.

The derailing of long-sought legislation to combat digital piracy is a troubling sign for the entertainment industry, whose insider lobbyists were routed by technology companies armed with the brute-force power of the Internet.

[…]

GM is again the world’s largest automaker

Boosted by its Chevrolet brand, sales rise 7.6% to 9 million two years after its emergence from bankruptcy.

Less than two years after emerging from bankruptcy,General Motors Co.has regained the title of the world’s largest automaker.

Google fourth-quarter results fall short of forecasts; shares drop

Google’s earnings of $9.50 per share were below Wall Street’s target of $10.49 a share. The Internet search giant’s stock tumbles 9% in after-hours trading.

U.S. website blackout draws praise in China

Internet users in China speak admiringly of the public rebellion against anti-piracy bills in Congress. Such a display would be nearly impossible in China.

source: HeadlineTodayNews.com

Apple sets out to transform textbooks

The company says its new or updated iBooks 2, iBooks Author and iTunes U apps are intended to uproot the traditional learning experience.

Apple Inc. has already transformed the music, mobile phone and personal computing industries, and now the tech giant says its next chapter will be about reinventing textbooks.

[…]

Kodak files for long-expected Chapter 11 bankruptcy

One of the world’s most recognizable brands, Kodak gets a $950-million lifeline to keep operating and is expected to wrap up its restructuring in 2013.

Eastman Kodak Co.’s grand days as a vanguard American company, responsible for the millions of photos stuffed in family albums and shoe boxes across the country, seemed far away when […]

Remittances to Mexico are rebounding

Mexican immigrants living in the U.S. sent an estimated 8% more money back to relatives last year compared with 2010, thanks to an improving U.S. job market.

Head to 4th Street and Broadway in downtown Los Angeles and you’ll see signs of a labor market on the mend.

[…]

Oscar show may exit Hollywood

Talks are underway to move the Academy Awards to the Nokia Theatre downtown.

After a decade of holding Hollywood’s biggest night of the year at the Kodak Theatre, the Academy of Motion Pictures Arts & Sciences is considering moving its annual Academy Awards ceremony to the Nokia Theatre in downtown Los Angeles.

[…]

U.S. looking at 2 flight delays caused by L.A.’s November winds

Passengers on two flights destined for Los Angeles International Airport were held on a tarmac for more than three hours due to Southern California’s severe windstorm on Nov. 30, according to a federal report released Thursday.