US stocks score sharp gains ahead of January jobs data

 General
Feb 062014
 
US stocks score sharp gains ahead of January jobs data

In this Wednesday, Feb. 5, 2014, file photo, Specialist Ronnie Howard, foreground, works at the post that trades CVS Carremark, on the floor of the New York Stock Exchange. US stocks surged Thursday amid optimism that the January jobs market report out early Friday will point to firm economic growth. AP PHOTO/RICHARD DREW NEW YORK—US stocks surged Thursday amid optimism that the January jobs market report out early Friday will point to firm economic growth. The Dow Jones Industrial Average gained 188.30 points (1.22 percent) at 15,628.53. The broad-based S&P 500 added 21.79 (1.24 percent) at 1,773.43, while the tech-rich Nasdaq Composite Index tacked on 45.57 (1.14 percent) at 4,057.12. “Investors are a little bit more upbeat today on economic prospects, and have decided to look a little bit more at the bigger picture as far as overall economic strength,” said David Levy of Kenjol Capital Management. Traders were looking ahead to the US Labor Department’s monthly jobs report covering January for signs of strength in the economy, with preliminary data on Wednesday and Thursday pointing to reasonably good numbers. Economists expect the economy added 175,000 jobs in January, up from 74,000 in December, and the unemployment rate to hold unchanged at 6.7 percent. Mace Blicksilver of Marblehead Asset Management said investors were feeling more confident about the upcoming numbers. “If the job report comes in stronger, you don’t want to be caught too short in case the market takes off.” Going against the market, Twitter shares plunged 24.2 percent Read More …

Enchong, Erich reunite in ‘Once A Princess’ movie

 Entertainment
Feb 062014
 
Enchong, Erich reunite in ‘Once A Princess’ movie

Enchong Dee and Erich Gonzales (MNS photo) Enchong Dee and Erich Gonzales are set to reunite on the big screen in the upcoming romantic-drama “Once A Princess,” a movie adaptation of the best-selling Precious Hearts Romances book. Dee said he is elated to be paired with Gonzales again three years after they last teamed up in the movie “I Do.” “The last time I did a romantic film was also with Erich, yung ‘I Do.’ So ang tagal na rin kasi lahat ng pelikula ko either barkada film, family film, comedy film. Now it’s time for me to do a romantic film again so it’s exciting,” he said. Dee said he will be playing the role of the class geek who will eventually turn out to be a successful scientist. “Ako si Leonard. He’s a scientist. Matalino kasi siya so outcast siya. As he grows older, naging mayaman siya kasi scientist siya eh,” he said. Gonzales, on the other hand, will take on the role of a “princess,” who played around with Leonard’s heart when they were younger. “Once A Princess” is directed by the award-winning Laurice Guillen. “Naku dapat attentive ka. Dapat tutok ka sa ginagawa mo because ganun siya eh. She’s focused on what she’s doing,” he said of Guillen, whose previous works include the ensemble drama “Tanging Yaman” and “I Love You, Goodbye.” But Dee is confident that he and Gonzales will be able to deliver since they have grown individually as actors since  “I Do.” “Buti Read More …

Vina Morales camp denies filing abuse complaint vs ex-lover

 General
Feb 062014
 
Vina Morales camp denies filing abuse complaint vs ex-lover

SINGER-actress Vina Morales denied that she had filed a physical abuse case against her former lover, businessman Cedric Lee, the leader of the group who beat up television host-comedian Vhong Navarro. Navarro has filed several criminal complaints against Lee, model Deniece Millinette Cornejo and six others in relation to the mauling incident last January 22 at a condominium unit in Bonifacio Global City. Cornejo, for her part, filed a rape complaint against Navarro before the Taguig City Prosecutor’s Office. Since the January 22 incident, the businessman’s personal connections were scrutinized in the media, including his prior relationship with Morales. A statement released by Morales’ camp through Cabochan Brizuela Tolentino and Radovan Law Offices said the rumor of a supposed physical abuse are baseless. “For the record, contrary to what has been aired or written, our Firm maintains and so holds that the news tidbits with reference to the infliction of the physical violence at any given time to her person by Mr. Lee is purely fictional, conjectural and speculative,” the statement said. It added: “Reports had it likewise about supposed involvement of PNP (Philippine National Police) officers in the loop regarding the alleged PNP personnel assigned to Mr. Lee. Our position is that should there be any breach of protocols, we believe that the PNP hierarchy would be able to address these concerns as their established systems provide.” Morales then appealed to the public to refrain from including her and her daughter in the Lee, Navarro and Cornejo controversy. “We Read More …

PHL, New Zealand to launch working holiday scheme

 Entertainment
Feb 062014
 
PHL, New Zealand to launch working holiday scheme

President Benigno S. Aquino III welcomes the non-resident Ambassadors from Different countries during their Presentation of Credentials held at the Rizal Hall of the Malacañan Palace on Monday (June 10) in photo is Department Of Foreign Affairs Secretary Albert Del Rosario. (MNS photo) Another significant milestone in Philippines-New Zealand bilateral relations has been reached with the launch of the Working Holiday Scheme (WHS). Effective 05 February 2014, Filipinos and New Zealanders, ages 18 to 30 years, will be able to apply for the WHS visa allowing them the opportunity to stay for one year in New Zealand and the Philippines, respectively, for leisure, holiday or temporary work. WHS participants may enroll in training or study for a maximum period of three months or work for one year with a limit of three months per employer. They will have to leave the country at the end of the temporary 12-month entry visa.  A quota of 100 WHS visas per year will be issued to successful Filipino applicants and the same number to successful New Zealand applicants. The arrangement on the WHS, the first of its kind for the Philippines and one of 34 arrangements with other countries for New Zealand, was signed between Secretary of Foreign Affairs Albert F. Del Rosario and Minister of Foreign Affairs Murray McCully and witnessed by President Benigno S. Aquino III and Prime Minister John Key in Wellington on 23 October 2012. The implementation of the WHS is expected to generate closer people-to-people understanding and goodwill Read More …

Gov’t is hiring professionals for 4,000 teaching positions

 Entertainment
Feb 062014
 
Gov’t is hiring professionals for 4,000 teaching positions

President Benigno S. Aquino III presides over the Cabinet Meeting at the Aguinaldo State Dining Room of the Malacañan Palace on Tuesday (December 10). (MNS photo) CARMONA, Cavite (Mabuhay) – President Benigno S. Aquino III said on Monday that the Department of Education (DepEd) is presently hiring professionals for 4,000 teaching positions to address the backlogs in teachers in public schools. In his speech during the ceremonial turn-over of the 66,813 classrooms at the CarmonaNationalHigh School here, the Chief Executive said the DepEd has yet to fill up all the 103,000 new teaching positions created under his administration. “Mula 2010 hanggang 2013 naman, nagdagdag tayo ng halos 103 libong posisyon para sa mga guro. Baka pansinin po n’yo, “posisyon.” Sabi ko, “Bakit ‘posisyon?’” May kulang pa raw ho kasi na apat na libong maha-hire,” the President said. “Dati nag-e-export tayo ng teacher, ngayon naghahanap tayo ng teacher – apat na libo, mga specialized po ito, baka may kakilala kayong naghahanap ng trabaho, kulang pa ho tayo ng apat na libo,” he said. The DepEd has hastened the recruitment and hiring process to fill up the positions. The government finally achieved a zero backlog in classrooms with the construction of 66,813 classrooms, the President said. “Mulat po tayong hindi pa tapos ang ating misyon, at mayroon pa rin tayong mga pagsubok na dapat lampasan. Marami po ang winasak na paaralan ng mga nagdaang kalamidad, at bawat taon ay nadadagdagan ang mga mag-aaral,” he said. “Sa abot ng ating makakaya, titiyakin nating Read More …

Rockwell invests P2B in Cebu

 Economy
Feb 062014
 
Rockwell invests P2B in Cebu

PROPERTY developer Rockwell Land has finally entered Cebu with their 32 Sanson residential project as its introductory development outside Metro Manila. The P2-billion project will sit on a 3.2-hectare property in Lahug, where a furniture factory owned by the Aboitiz family used to operate. Rockwell bought the land in 2012, said 32 Sanson general manager Paolo Ernesto V. Reyes. Rockwell president and chief executive officer Nestor J. Padilla told Sun.Star Cebu in a separate interview that the company has chosen to build in Lahug because of its proximity to vital business districts and prominent schools, “while at the same time remaining tranquil and private.” The 32 Sanson project will introduce Rockwell’s low-rise development, which Reyes said has been matched to its surroundings, encircled with greenery. Reyes said there will be five structures of five floors each; all are set to be completed in 2016. Natural “Rockwell’s expansion outside of Manila was a natural step following our expansion throughout Metro Manila. After the positive reception Rockwell received in Ortigas, Quezon City, and San Juan, we were truly eager to venture out regionally,” said Padilla. Rockwell has already completed eight residential projects since it started in the 1990s. Currently, it has six ongoing residential developments. The developer has also ventured into commercial developments, with two already completed and one ongoing project, still concentrated in Metro Manila. “The vibrant city of Cebu has always been attractive to Rockwell. Its booming economy, relaxed lifestyle and lively personality was something Rockwell sought to participate in,” Read More …

What Heart wanted to ask Deniece

 General
Feb 052014
 
What Heart wanted to ask Deniece

Heart Evangelista: “You cannot please everybody. As long as at the end of the day, you do what’s given to you, you do your job, and you do your best with what’s given to you, that’s it. That’s the only thing you can do.” MANILA, Philippines – Heart Evangelista admits she felt frustration over her interview with Deniece Cornejo, one of the people allegedly involved in the mauling of actor Vhong Navarro, in GMA-7’s showbiz talk show “Startalk” on Sunday, February 2. The “Startalk” interview wasn’t the first time Deniece faced the press following the scandal, but it became controversial thanks to her statements about the incident. “Kuya Vhong, ngayon panalo ka. Pasensya, simple lang ako, hindi ako makapangyarihan. Ngayon panalo ka, pero matakot ka sa ikalawang buhay. Ako, handa akong ibuwis ang buhay ko na nagsasabi ako ng katotohanan. Hindi ako natatakot. Hindi po ako natatakot. Mas ikakatakot ko ang ikalawang buhay sa impiyerno,” Deniece said in the interview. RELATED: Deniece tells Vhong: ‘I will still pray for you’ “Our hands were tied,” Heart told members of the press, including Philstar.com, during her launch as fast food restaurant Wendy’s newest endorser on Wednesday, February 5. She added GMA-7’s legal department and Deniece’s lawyer closely monitored the interview. Entertainment ( Article MRec ), pagematch: 1, sectionmatch: 1 “I was actually so frustrated. Because of course I’m very vocal, I’m very spontaneous with my questions usually,” the Kapuso star said. “But there is nothing else that we can do. So I Read More …

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