Sharon Olalia

Lindsay Lohan's new lawyer has quit for unknown reasons just a day before the Mean Girls star is due to go to jail.

Blade star Wesley Snipes has lost his appeal against a three-year jail sentence for tax evasion in 2008.

Lady GaGa, who is well known for her love of tea, is the focus of a bidding race by companies who want the eccentric pop star to be the face of their hot drink.

Daniel Radcliffe, who played the titular character in the Harry Potter franchise, has signed up to star in a movie adaptation of The Woman In Black.

The child abuse investigation on Britney Spears has been dismissed after the Los Angeles County Department of Children and Family Services has ruled there is no case for the 28-year old pop star to answer.

Chief executive Cameron Clyne's strategy to make National Australia Bank (ASX: NAB) the people's bank are paying off with the firm showing the best gains of the banking cartel.

Australia's economy is likely to grow quickly in the coming months, according to a leading index of activity, which reflected an acceleration in growth in the recent quarter.

Woolworths Ltd (ASX:WOW) has reported a 1.8 per cent increase in same-store food and liquor sales for the fourth quarter, indicating a slower growth pace compared to the prior quarter.

Australia's mining giant BHP Billiton Ltd (ASX:BHP) says it remains cautious on the short-term outlook for the global economy, even after achieving record annual production results for its petroleum and iron ore divisions.

Global investment and advisory firm Babcock & Brown Ltd considered acquiring rival Allco Finance Group Ltd while it was dealing with a cash crunch of its own that ultimately led to the $10 billion financial empire's demise.

The central bank has warned that macro-regulation proposals under the new Basel III bank rules could hit economic growth, although not as bad as some banks fear.

Australia's 35,800 trades job vacancy predicted in the mining sector by 2015 will likely be occupied by migrants as resource companies deal with the effects of not hiring the expected number of apprentices in an industry as big.

Solid growth in the number of passengers will fuel continued expansion of Tiger Airways' Australian operations after a loss of $S600,000 ($496,941) in 2009-10, according to the airline's annual report.

Javier Bardem, who recently wed longtime girlfriend Penelope Cruz in a secret ceremony, could "fall in love" with Brad Pitt.

Jennifer Love Hewitt, who plays a prostitute in the Lifetime flick The Client List, can understand why some women end up selling their bodies.

Country singer Taylor Swift, who has previously dated Joe Jonas and Taylor Lautner, has a new boyfriend, according to reports.

Leonardo DiCaprio, who is currently dating supermodel Bar Refaeil wants babies but not just yet.

Zac Efron, who recently dismissed reports he is engaged to longtime girlfriend and High School Musical co-star Vanessa Hudgens, is in no rush to get married.

Macquarie bank (ASX:MQG) is the chief creditor to the TPG-Carlyle consortium buying Australia's second-largest hospital owner Healthscope, with the banker having about $150 million in committed funds out of total funded facilities of $1.2 billion and another $300m in committed but undrawn funds.

The Australian bourse showed modest increases by early afternoon as investors took in cautious comments from the central bank. The mining sector led the upward movement.

The Reserve Bank of Australia will wait for key inflation data before it gives a ruling on its benchmark interest rate next month, according to the minutes of the central bank's July board meeting.

Chevron says it has cut a deal with Korea Gas Corporation for the sale of gas and an equity stake in the massive Wheatstone project located about 90 miles off Carnarvon Basin in Western Australia.

The Council of Small Business has advised Tony Abbott to keep quiet about industrial relations as he attempts to get the coalition's election campaign back on track.

Macro-regulation proposal under the new Basel III bank rules could force Australian banks to set aside as much as an additional 2 per cent of capital during rapid credit growth.

Australian Securities and Investments Commission chief economist Alex Erskine says the oversight of the housing market by the securities regulator is the "next logical step'', arguing that this would increase transparency while lowering sharp distortions in home prices.

The growth in the number of Melbourne-Sydney passengers in May is because of the come back of business travellers, according to federal government figures released yesterday.

The Reserve Bank of Australia has joined business leaders in criticising both sides of parliament for their disinclination to look at changes to workplace laws in preparations for the federal poll.

TPG and Carlyle will pay Healthscope $2.7 billion, the largest takeover offer for from a private equity concern in more than four years, for Australia's second-largest hospital owner.

For Your Entertainment hitmaker Adam Lambert was 12 when he realized he is gay.