By Balazs Koranyi LONDON | Tue May 8, 2012 2:24am EDT LONDON (Reuters) – Shipping magnate John “Big Wolf” Fredriksen has quietly bought a dozen new, fuel efficient tanker vessels in recent months and said he may spend billions of dollars more as the global shipping crisis has created opportunities too good to pass up. [...]

By Jason McLure Tue May 8, 2012 9:57am EDT (Reuters) – An 83-year-old artist known for his block letter “LOVE” design that became a symbol of the anti-war movement in the 1960s is being sued by a Monaco-based art dealer for renouncing the authenticity of sculptures once valued as high as $1 million. Beginning in [...]

By Kasia Anderson Wed May 9, 2012 2:27pm EDT LOS ANGELES (The Wrap.com) – If President Obama has ever acted cool in courting celebrities, on Thursday he’ll be dropping that act and heading for the mother lode. In what’s shaping up to be one of the biggest one-off fundraisers in the history of the presidency, [...]

By Catherine Bremer PARIS | Thu May 10, 2012 4:03am EDT PARIS (Reuters) – Punk music pioneer Iggy Pop – famous for onstage mayhem like smearing his sinewy torso with olive oil and diving headfirst into crowds – is mellowing in old age with a solo album of crooning classic covers, half of them in [...]

By Bob Tourtellotte LOS ANGELES | Wed May 9, 2012 6:34pm EDT LOS ANGELES (Reuters) – Vidal Sassoon, hair stylist and fashion world icon who created a natural look in the 1960s and built a multi-million dollar business on his name, has died of apparent natural causes at his home in Los Angeles. He was [...]