Washington

ROUNDUP: US seeks dramatic expansion of financial regulatory powers

US seeks dramatic expansion of financial regulatory powersWashington  - President Barack Obama's administration, in a massive overhaul of the US financial regulatory system, is seeking the power to keep watch on all types of financial firms and to seize failing companies integral to the health of the system.

US Treasury Secretary Timothy Geithner unveiled the plans in congressional testimony on Thursday, arguing that the current financial turmoil has proven the system is "too unstable and fragile" to be allowed to manage itself.

Obama takes online questions in virtual townhall forum

Obama takes online questions in virtual townhall forum Washington  - US President Barack Obama's attempts to sell his economic proposals to the public took a 21st century twist on Thursday as he held an online townhall forum from the White House.

Obama has taken to the airwaves with television interviews and press conferences in recent days, but Thursday's format allows the admitted technology buff a chance to interact live with more people.

Tom Cruise, Cameron Diaz to star in romantic comedy?

Tom Cruise, Cameron Diaz to star in romantic comedy?Washington, Mar 26 : Tom Cruise and Cameron Diaz may star in an untitled romantic comedy formerly known as `Wichita' and `Trouble Man' at 20th Century Fox.

The story, to be directed by James Mangold, centers on a woman with a horrid romantic history who keeps crossing paths with a mysterious guy she met on a blind date.

Scott Frank is rewriting the script, reports Variety.

Mangold''s Tree Line Films partner Cathy Konrad joins as producer with Joe Roth, Steve Pink and Todd Garner.

K-Fed to talk about bitter divorce with Spears in new album

K-Fed to talk about bitter divorce with Spears in new albumWashington, Mar 26 : Kevin Federline will reveal his emotions on the bitter divorce battle with Britney Spears in his new album.

Collaborator Krayzie Bone, from hip-hop group Bone Thugs-N-Harmony, insists fans will be impressed with Federline''s efforts when the album eventually hits stores - just like he was when he listened to the lyrics.

"People gon'' say I''m crazy, but to my surprise the stuff that he let me hear, it was pretty decent," Contactmusic quoted Bone as telling HipHopDX. com.

Sean Penn, Jim Carrey to star in ‘Three Stooges’

Sean Penn, Jim Carrey to star in ‘Three Stooges’Washington, Mar 26 : Oscar winner Sean Penn has been roped in to star alongside Jim Carrey in comedy film `The Three Stooges', about the slapstick antics of Moe and Curly Howard and Larry Fine.

While Carrey is in negotiations to play the role of Curly, Benicio del Toro is the front-runner for the leader, Moe. Penn has been signed on for the role of Larry, reports Variety.

Farrelly brothers will write and produce the movie.

Pets in United States becoming victims of economic crisis

Pets in United States becoming victims of economic crisisWashington  - The US economic crisis is affecting not only Americans, but is having an increasingly bitter effect on their pets as well.

An ever-greater number of US citizens can no longer care for their animals because they have lost their jobs or their houses. As many as 1 million dogs and cats are in danger of losing their homes, according to the American Society for the Prevention of Cruelty to Animals. Animal shelters in some southern states are already full.

Gary Weitzman points to a cage with three young shepherd puppies.

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