Mogul City Media & Entertainment Group

Steve Granitz/Associated Press LOS ANGELES - "Slumdog Millionaire" took the best-picture Academy Award and seven other Oscars on Sunday, including director for Danny Boyle, whose ghetto-to-glory story paralleled the film's unlikely rise to Hollywood's summit. The other top winners: Kate Winslet, best actress for the Holocaust-themed drama "The Reader"; Sean Penn, best actor for the title role of "Milk"; Heath Ledger, supporting actor for "The Dark Knight"; and Penelope Cruz, supporting actress for "Vicky Cristina Barcelona." A story of hope amid squalor in Mumbai, India, "Slumdog Millionaire" came in with 10 nominations, its eight wins including adapted screenplay, cinematography, editing and both music Oscars (score and song). "Just to say to Mumbai, all of you who helped us make the film and all of those of you who didn't, thank you very much. You dwarf even this guy," Boyle said, holding up his directi

Pres. Obama signs economic recovery bill ABC News AP – President Barack Obama walks on the South Lawn of the White House in Washington as he returns from Chicago, … DENVER – President Barack Obama has signed into law the most sweeping economic package in decades, a rescue plan designed to create millions of jobs and boost consumer spending . It was a major political victory for Obama, who took office less than a month ago. Obama said the government has begun the essential wo

Music publishing has long been the world’s sleepiest $4 billion industry. A startup that just acquired a chunk of the Nirvana catalog thinks that’s changing. The past few years have been unkind to record labels, which have seen CD sales plunge by about a third since 1999. But many believe that music publishers—which control the rights to original songs—will thrive in the digital future. For example, even if fans illegally download Beatles tracks, Sony/ATV Music Publishing, the publisher of those songs, can still make money by licensing them for use across the increasingly fragmented media landscape. That’s why Primary Wave Music Publishing—a startup backed by the Credit Suisse Group and the Greenwich, Connecticut, hedge fund Plainfield Asset Management—has recently spent roughly $150 million, according to a source close to the company, to buy publishing rights from songwriters, including a reported $50 million for some rights to Nirvana songs. As a rights holder, Primary Wave collects

Two 22-year-olds are just starting their careers and beginning to save and invest. One devotes half his salary to quickly paying off student loans , with the goal of saving money to travel the world. The other dabbles in stocks, while planning to buy a home. Which one is starting out on the right foot? Neither? Both? Learning to invest is hard enough. Now try doing it during the worst recession in a generation and the biggest financial crisis in a lifetime. If you're a young person with money to invest, however, you can consider yourself lucky. You have income at a time when the jobless rate is rising rapidly. If you're just starting out, you avoided -- so far -- huge losses of the sort that drastically changed the retirement plans of many baby boomer parents. No Easy Answers But the current environment naturally leaves a beginner confused about how to invest. The tough housing market means real estate looks

Black History Month After leaving Howard University because of differences with its president, Dr. Woodson devoted the rest of his life to historical research. He also worked to preserve the history of African Americans and accumulated a collection of thousands of artifacts and publications. He noted their contributions "were overlooked, ignored, and even suppressed by the writers of history textbooks and the teachers who use them." [ 5 ] . Race prejudice, he concluded, "is merely the logical result of tradition, the inevitable outcome of thorough instruction to the effect that the Negro has never contributed anything to the progress of mankind." [ 6 ] In 1926, Woodson single-handedly pioneered the celebration of "Negro History Week", for the second week in February, to coincide with marking Abraham Lincoln and Frederick Douglass 's birthdays. [ 7 ] . The week was later extended to the entire month and renamed Black History Month .