New York - US media giant Time Warner Inc. on Wednesday reported a drop in third quarter earnings, and lowered its 2008 profit expectations, citing the costs of restructuring.

The world's largest media company said net income came to 1.07 billion dollars in the third quarter, off slightly from 1.09 billion dollars in the same 2007 period.

Sales in the quarter were level at 11.7 billion dollars, a figure which fell slightly short of analysts' projections of 11.9 billion dollars, the financial agency Bloomberg reported.

New York, November 5 : A newspaper editor is reportedly planning to have DNA tests conducted on a poopy diaper of American actress Rielle Hunter’s baby to determine whether former presidential cand

New York, Nov 5: The financial crisis in the United States was main concern of the voters which led to the defeat of Senator John McCain in the race for the White House.

“I mean, just look at the figures. We have been put in the middle of a dire economic downturn, and we need change,” the Washington Post quoted Jackie Barnard, 62, of the mostly Republican bastion of Bay Ridge, Brooklyn, as saying.

Preliminary poll data showed the economy was the paramount concern of 62 percent, or nearly two-thirds, of voters.

New York, Nov 5: Hugh Hefner’s former No1 girlfriend Holly Madison has taken a ‘jibe’ at the Playboy mogul, saying that she hasn’t had sex in a long time.

In an interview with In Touch magazine, Madison made a not-so-subtle attack at the octogenarian tycoon.

"I haven''t had sex in a really long time. And that''s the honest truth," she said.

Madison is quite excited about dating new men, the only condition being— they shouldn’t be like her ex-beau— ‘high maintenance’.

"It might be refreshing to date someone who is not high maintenance," The New York Daily News quoted Holly Madison as telling in an interview to Extra.

New York, Nov 5 : The US media have pinned hopes from the new President Barack Obama, saying he won the poll simply because he was the better of the two candidates, which was proved by his life full of struggle and perseverance.

The papers talked about issues which the present incumbent George Bush couldn’t resolve or neglected altogether.

New York, Nov 5: Oscar-winning actress Susan Sarandon’s decades-old film ‘The Apprentice’, which shows her naked, is getting its first DVD release next month, it has emerged.

The actress was just 24 when she stripped down for her scandalous role in the 1971 sex flick, shot in Quebec.

"There is sex in the movie and Sarandon is sexy and nude," the New York Post quoted an insider, as saying.