Former 80's TV star Melissa Gilbert is slated to appear on the new edition of Dancing with the Stars. February 29, 2012- The fourteenth edition of Dancing with the Stars will start soon. On Tuesday, the show’s producers announced the new cast. The new cast contains a couple of surprises but little controversy. The Show created a spectacle in Los Angeles at the El Capitan Theatre. Fans waved signs and caused a frenzy as Brook Burke and Tom Bergeron announced the new cast. A few of the big names... 

Kid Rock is helping with a fundraiser for the Detroit Symphony Orchestra. February 28, 2012- The Detroit Symphony Orchestra will team with Kid Rock for a concert to benefit the orchestra that is nationally recognized. The show will be on May 12 at the Fox Theatre in Detroit. The goal is to raise over $1 million said DSO officials. Kid Rock will perform with the DSO as well as with his band. Leonard Slatkin, its Musical Director, will conduct the orchestra. Kid Rock released a statement that said,... 

Drug giant Bayer AG expects a cautious 2012. February 28, 2012- Bayer AG, the pharmaceutical and chemical conglomerate, announced on Tuesday it was cutting its forecast for sales and said it was cautious about 2012. This announcement came even as Bayer made a profit during the fourth quarter of 2011. The German based company reported a profit of $531.9 million compared to a loss of $193 million in the same quarter of 2010. Nevertheless, the company fell short of analyst’s estimates of $551 million.... 

Retail giant Sears is in big financial trouble. February 24, 2012- Sears Holdings Corp announced a fourth quarter loss of $2.4 billion late Wednesday. The company also said it was planning a set of initiatives that includes plans to increase liquidity to help it recover from such dreadful sales the last 12 months. Edward Lampert the Chairman said, “The poor 2011 financial results indicate clearly the need for a transformation of the company.” He added, “While some say the results are a trend,... 

English pop star Adele gave Brit Award viewers the middle finger on TV last night. February 22, 2012- Adele, the British singing superstar, continued her winning ways Monday night. She received the best album award for 21 at the Brit Awards in London. However, her actions on the show overshadowed her win. The producers of the awards show cut her acceptance speech short so she stuck out her middle finger for all to see. The show’s producers and the station that broadcast the show all issued official... 

Processed food giant Kraft had great earnings this past quarter. February 22, 2012- Earnings for the fourth quarter increased 54% at Kraft Foods Inc., the company reported Monday. Income was helped by higher prices nevertheless, an increase in costs cut into its margins. Kraft said they have launched new products that have been successful and that has helped to stave off some of the weakness in the market. Irene Rosenfeld, the CEO of Kraft said, “Our portfolio is broad enough and enough of it has... 

Troubled starlet Lindsay Lohan will hosting SNL. February 19, 2012- Lindsay Lohan will host Saturday Night Live it was confirmed by her representative. This will mark the first time she has returned to SNL since 2006. She confirmed the good news to her fans by tweeting, “Saturday Night Live, I Love NBC.” Her mother added to the excitement by tweeting, “Lindsay is returning again to SNL, yay.”   NBC also took part in the excitement by sending out information via tweeter saying, “It is... 

Retail giant Walmart is moving into the Chinese market. February 19, 2012- Walmart announced it would purchase a 51% share in Yihaodian, an ecommerce website in China. It marks a substantial move for the retailer to increase its presence online in China. Details of the deal were not disclosed. The website is one of the fastest-growing businesses in China. Walmart has held a small stake in the company, which has over 180,000 products for sale that range from apparel to grocery items to consumer electronics. Yihaodian... 

Pop star Michael Jackson's estate is being sought after with a lawsuit. February 18, 2012- On Friday, a former manager of Michael Jackson claimed he was owed 15% of the earnings from the estate of the late entertainer. Executors of the estate were seeking to not allow any payment to the ex-manager. Tohme R. Tohme filed suit saying he was due a large amount of the earnings generated following the singer’s death just like Jackson’s three children and mother are. The estate’s attorneys filed... 

Auto maker General Motors made a huge profit in 2011. February  17, 2012- General Motors released its earnings report for 2011 and ended the year with a profit of $7.6 billion. After the annual report was released, GM’s stock closed at $27.17. That price is the highest close for the automaker’s stock since the beginning of August last year. Analysts were pleased by the profit from the company’s North America unit even though losses were announced in both South America and Europe.  Since the... 

Pop singer Whitney Houston was drinking heavily the week before she died. February 15, 2012- Sources at the posh Beverly Hills hotel where Whitney Houston was staying last week, said she was seen drinking heavily on at least two mornings. The source said Houston ordered alcoholic drinks before 10 am on both Wednesday and Thursday morning. The drinks were ordered from the pool area and the hotel lobby. Guests on those two days also heard the late singer complaining loudly about the quality of her... 

The U.K. is in danger of losing it's credit rating. February 14, 2012- Moody’s, the credit rating agency, has warned the UK that it may cut its rating therefore increasing its cost of borrowing funds. Moody’s statement came following concerns of the possible impact the crisis in the eurozone will have on growth prospects in the UK. The agency placed a “negative outlook” on the UK meaning there is about a 30% change the country could lose it’s credit rating of AAA with the next 18 months.... 

Adele was the big winner at last night's Grammy Awards. February 13, 2012- The top winner of last night’s Grammy Awards was British singer Adele. She won six of the awards including the trifecta for song, record and album of the year. She also made a tremendous comeback from surgery on her vocal cord by performing during the award show. Her album 21 was the top-selling album of last year and remains in that No. 1 position today. Her six trophies tied the one evening record for women she now... 

Bank bankruptcies continue to plague the U.S. February 12, 2012- Two more banks failed on Friday bringing the 2012 total of bank failures to nine. Regulators closed two small banks in Indiana and Illinois. The number of banks that have been shuttered thus far in 2012 is less than the rate in 2011 when 92 were closed. In addition, last year through February, regulators had already closed 18 banks. The FDIC took control of Charter National Bank in Illinois. The bank had nearly $94 million in total... 

Pop star Madonna was outdone by M.I.A not very happy about it. February 11, 2012- Madonna said that the actions of M.I.A. during her performance on the Super Bowl halftime show were teenage. She said she was very disappointed in the way the British rapper caused a major controversy by flipping her middle finger during the show in full view of the camera. Madonna said those kind of antics were not appropriate for such a prestigious event. In an interview, Madonna said, “I was very unhappy about... 

The Greek people are resisting new austerity reforms. February 10, 2012- On Friday, Greek workers took to the streets again to protest the latest austerity measures being called for by members of the euro zone. Striking workers stopped ships from docking and halted public transportation just hours after finance ministers from the euro zone told the Greek government that additional austerity measures were needed for Greece to receive their latest bailout package. Concern over the Greek situation was... 

A nantional deal will help some of the homeowners that were hurt by shady bank lending practtices. February 9, 2012- Final issues are being hammered out in a settlement between state attorney generals and major banks over the faulty foreclosures that have taken place. The settlement of over $25 billion is pending the signing of holdouts New York and California to complete the deal.  It is expected that on Thursday the nationwide plan will be announced to help close to two million homeowners who... 

Jennifer Aniston is trying to shed memories of her marriage to Brad Pitt as she gets older. February 8, 2012- Actress Jennifer Aniston is one of many people that feel the time has come to stop discussing the famous love triangle of her, Brad Pitt and Angelina Jolie. Aniston says it is all about money and making it seem as if the three have this feud. She however wants to move beyond that and discuss things such as her relationship with Justin Theroux. Aniston was quick to say she is not in love with... 

Despite Walt Disney's increase in profit, the stock went down in trading. February 8, 2012- Walt Disney Co., the largest entertainment company in the U.S. in market value announced that its profits had increased by 12% due to growth in ESPN and other U.S. entertainment resorts. Net income for the company increased to $1.45 billion representing $0.80 per share from the $1.3 billion and $0.68 per share recorded in the same quarter a year ago. Profits were more than analysts’ estimates that were... 

China will not help lower emissions from their aircrafts. February 6, 2012- On Monday, China announced it is prohibiting its national airlines from paying for carbon emissions that the European Union is charging. The latest announcement by China increases the dispute over how to combat climate change and its costs.  The EU charges were set in place to curb the emission of gases that help to create climate change. However, governments in countries like Russia, the United States and China oppose the... 

Soul Train creator Don Cornelius has killed himself. February 2, 2012- The creator of Soul Train, Don Cornelius, died Wednesday of a self-inflicted gunshot wound to the head. The seventy-five year old created the music and dance iconic TV program that helped bring black pop culture to the living rooms of Americans across the country. Police found Cornelius’ body in his home in a wealthy area of Los Angeles known as Sherman Oaks. He was found at 4 am Wednesday and pronounced dead later in the morning... 

Amazon got hit hard in the stock market today. February 1, 2012- Internet giant Amazon continues its fast track of growth, but higher expenses in the company are eating away at its profit. The company on Tuesday reported its earnings for the fourth quarter of 2011. The earnings report fell short of expectation of Wall Street analysts. Amazon also said it could have a loss in the current first quarter of 2012. The earnings report and comments about the current quarter caused its stock price to fall...