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United Arab Emirates launches national space agency strategy

"The United Arab Emirates is seeking to confirm its status as a spacefaring nation," he told a gathering at an event rolling out the federal body in the capital, Abu Dhabi, that featured models of Emirati satellites and waiters serving space-themed canapés, like hummus in metal squeeze tubes. Abu Dhabi's Al Yah Satellite Communications Co., better known as Yahsat,...
Source: The Associated Press
UPDATE 3-McDonald's CEO gets grilled at first annual meeting

LOS ANGELES/ BOSTON, May 21- McDonald's Corp shareholders defied executives at its annual meeting on Thursday, approving a proposal to make it easier to nominate directors to the board of the fast-food chain and taking its new CEO to task over wages, advertising and its food. McDonald's Chief Executive Steve Easterbrook, who took the helm on March 1, is fighting on...
Source: Reuters | By: Lisa Baertlein and Ross Kerber
Got a baby? Need some gear? Tips from the NY Baby Show

NEW YORK- How new or expectant parents navigate the megaworld of baby gear and its precursor, the megaworld of pregnancy gear, is an individual quest. Outfitting a nursery for the first time can be overwhelming, but separating need and want is simple, said Vanessa Antonelli, a nursery designer and baby gear expert. "You can fold it away, take it on the go with you when you...
Source: The Associated Press | By: By LEANNE ITALIE, Associated Press
Put your best fork forward: 10 business dining tips

Business dinners can be a little awkward. Should you be formal or friendly? Is it okay to order the priciest, or messiest, dish on the menu?
Source: CNBC.com | By: Ansuya Harjani
Dycom Industries beats Street 3Q forecasts

PALM BEACH GARDENS, Fla. _ Dycom Industries Inc. on Tuesday reported fiscal third-quarter earnings of $20.3 million. Six analysts surveyed by Zacks expected $468.7 million. For the current quarter ending in July, Dycom Industries expects its per-share earnings to range from 74 cents to 82 cents.
Source: The Associated Press
Mark Cuban: NBA league has never been any better  

Dallas Mavericks Owner, Mark Cuban, weighs in on the Deflategate scandal, the National Basketball Association, and legalization of sports betting.
Source: CNBC.com
YOUR MONEY-Wedding photography pushes the limits of novelty

May 19- Recording Amanda Bortzfield's wedding last summer at the Breakers resort in Palm Beach, Florida, was no simple- or cheap- task. Still photography and video added up to more than $23,000, not far off the average total cost for a wedding in the United States. Her photography package included a two-and-a-half hour feature film and an elaborate collection of...
Source: Reuters | By: Mitch Lipka
Chill sweeps over Malaysia IPOs as market turns hostile

The stalling of Malaysia's once-inspired IPO market is threatening to turn into a slump, weighed by a worsening economic outlook, currency volatility and dismal performances by some of last year's biggest debutantes.
Source: Reuters
INTERVIEW-Norway's $900 bln fund seeks faster action against unethical firms

*Aims to go after worst offenders. OSLO, May 13- Norway's $900 billion wealth fund, one of the world's biggest investors, plans to move faster against firms in its portfolio that misbehave, weeding out the worst offenders and "crooks" that do not mend their ways, the fund's new ethics chief said. Johan Andresen, who heads the Council on Ethics, told Reuters that the fund...
Source: Reuters | By: Joachim Dagenborg and Balazs Koranyi
Ban bottled water? Parched California scrutinized

A shut down of operations in California, Nestlé explains on its website, "won't fix the drought," NBC News reports.
Source: NBC News | By: John Roach