Lagerfeld says Ghesquiere with Arnault “not bad idea”

PARIS (Reuters) – Star designer Karl Lagerfeld said the departure of Nicolas Ghesquiere from Balenciaga as artistic director to create his own brand with backing from LVMH‘s Bernard Arnault would “not be a bad idea” as the group owned many old labels.“Perhaps Nicolas wants to have his own label, which is not a bad idea,” Lagerfeld told Reuters in an interview...

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States Rush to Meet Tight Health Care Deadlines

Jim Lo Scalzo/European Pressphoto AgencySupporters of President Obama’s Affordable Care Act celebrated at the Supreme Court in June after the justices upheld the law. After nearly three years of legal and political threats that kept President Obama’s health care law in a constant state of uncertainty, his re-election on Tuesday all but guarantees that the historic legislation will survive. ...

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Chicago sets brisk timeline for electric aggregation deal

The City of Chicago laid out a timeline Thursday for how it intends to quickly complete a deal that would move approximately...

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Mayor hopes Obama's 2nd term proves fruitful for funding

As he looks ahead to President Barack Obama's second term, Mayor Rahm Emanuel expects funding for roads and mass transit and...

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RIM's BlackBerry 10 platform wins coveted U.S. security clearance

TORONTO (Reuters) - Research In Motion Ltd said on Thursday it has won a much-coveted U.S. government security clearance for its yet-to-be launched platform for BlackBerry 10 devices that are expected to hit store shelves in the first quarter of 2013. The company said its BlackBerry 10 platform has received the FIPS 140-2 certification, which would allow government agencies to deploy...

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Country duo Civil Wars cancel tour, cite discord

LONDON (Reuters) – Grammy Award-winning country-folk duo The Civil Wars have cancelled their British tour dates, citing “irreconcilable differences” via Twitter and Facebook.The pair made the announcement shortly after performing at the Roundhouse in north London late on Tuesday, but they added that they hoped to record together soon. “We...

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After Loss, Fight to Label Modified Food Continues

LOS ANGELES — Advocates for the labeling of genetically modified food vowed to carry their fight to other states and to the federal government after suffering a defeat in California on Tuesday. A ballot measure that would have made California the first state in the nation to require such labeling was defeated, 53.1 percent to 46.9 percent. Support for the initiative, which polls said once...

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What electricity aggregation means for your bill

Voters in 81 communities in Commonwealth Edison's service territory voted Tuesday to allow their local governments to shop for...

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Obama victory speech: 'The best is yet to come'

President Barack Obama says the American people have "picked ourselves up" and fought back during tough economic times, declaring...

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Exclusive - Amazon to win EU e-book pricing tussle with Apple

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