• Can you feel the love buzz? After two decades of bad blood with Courtney Love, Nirvana drummer Dave Grohl finally made peace with the wife of his late bandmate Kurt Cobain at the Rock and Roll Hall of Fame induction ceremony earlier this year — a night Grohl himself describes as one of the best he's ever had. "It was a nice excuse to finally be friends," he says in the new issue of Us Weekly, which features an eight-page spread on the year's hottest music. "It was one of the greatest nights of my life. Wish Kurt could've been there!" The April 10 ceremony was indeed one for the books. After a star-studded performance of some of Nirvana's most memorable hits, featuring guest appearances by Lorde and Joan Jett, Grohl took the stage at Brooklyn's Barclays Center and embraced Love in a hug."I saw Courtney walking past [earlier in the night], and I just tapped her on the shoulder and we looked at each other in the eyes and that was it — we're just family," the Foo Fighters frontman, 45, previously told The Hollywood Reporter of how the reconciliation came about. "We've had a rocky road. We've had a bumpy past, but at the end of the day we're a big family and when we hugged each other it was a real hug."

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  • She digs through stale cookies, candy wrappers and soda cans. She holds up a sweater she uncovered deep in the paper pile, and drapes it over my chair. She wants to throw papers and documents out, but I ask her to sort them instead. Soon, she’s uncovering receipts I was supposed to file as expenses but hadn’t seen in months. “I found some amazing treasures,” she says, dangling a pair of iPhone earbuds. “Have you been looking for these?”

    As Hailey shuffles manila folders, she tells me that advertising on TaskRabbit lets her work on her own schedule and find child care for her three kids, ages 10, 8 and 4. She’s making $1,000 a month from three regular customers. Her fiance, who does handyman work on TaskRabbit, is pulling in double that figure. Meanwhile, TaskRabbit takes a 20-percent cut. Hailey says the company gives her free advertising for her services, while providing her with a W-9 tax form at the end of the year. It also conducts background checks on the people providing services—“so you know you’re not getting robbed blind, or maimed or killed.”She digs through stale cookies, candy wrappers and soda cans. She holds up a sweater she uncovered deep in the paper pile, and drapes it over my chair. She wants to throw papers and documents out, but I ask her to sort them instead. Soon, she’s uncovering receipts I was supposed to file as expenses but hadn’t seen in months.

    “I found some amazing treasures,” she says, dangling a pair of iPhone earbuds. “Have you been looking for these?” As Hailey shuffles manila folders, she tells me that advertising on TaskRabbit lets her work on her own schedule and find child care for her three kids, ages 10, 8 and 4. She’s making $1,000 a month from three regular customers. Her fiance, who does handyman work on TaskRabbit, is pulling in double that figure. Meanwhile, TaskRabbit takes a 20-percent cut. Hailey says the company gives her free advertising for her services, while providing her with a W-9 tax form at the end of the year. It also conducts background checks on the people providing services—“so you know you’re not getting robbed blind, or maimed or killed.”


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  • Rafa Nadal has withdrawn from the Paris Masters ahead of the tournament's start on Monday for "personal reasons", the French Tennis Federation announced on Friday. The 14-times grand slam champion warned last week that he could miss the end of the season because of appendicitis, and he will be replaced in the Paris draw by fellow Spaniard Pablo Andujar. World number eight Marin Cilic and Latvia's Ernests Gulbis have also withdrawn from the tournament because of injuries. The draw takes place later on Friday.


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  • The ax at CNN began to fall today and will continue tomorrow, when Time Warner execs will meet with Wall Street analysts and investors to make a case for the company’s growth prospects. All told, there will be about 300 layoffs — including 130 voluntary buyouts — equal to about 8% of the news channel’s workforce. “The changes this week are difficult yet necessary,” CNN says. “Out of respect for our colleagues directly impacted, we won’t be commenting on specific people or programs.”

    But word has it that most of the Los Angeles entertainment operation and the remaining skeletal New York-based staff for Christiane Amanpour’s London-based show were hit, and that HLN cancelled Jane Velez-Mitchell’s show. Also departing is VP and Northeast Bureau Chief Darius Walker, one of CNN’s highest-ranking black execs. Last week, the National Association of Black Journalists told the network that it was concerned about the lack of diversity in the top jobs — just after former field producer Stanley Wilson, a longtime employee let go in January, filed a $5M wrongful-termination and discrimination lawsuit.

    The news division already was braced for the cuts: Turner Broadcasting CEO John Martin alerted his company on October 6 that they’d face 1,475 losses “at all levels from across the company’s news, entertainment, kids, young adult and sports networks and businesses, as well as corporate functions, in 18 Turner locations around the world.” CNN has been struggling to reinvigorate itself ratings-wise.


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  • Wall Street had its best day of the year. The U.S. stock market surged Wednesday, erasing a steep loss from the day before. Investors were encouraged by the minutes from the Federal Reserve's latest policy meeting, which showed that the central bank wants to keep interest rates extremely low for the time being. "There's a lot of pressure on the Fed right now, so this was a big vote of confidence from investors," said J.J. Kinahan, chief strategist at TD Ameritrade. The Dow Jones jumped 274.83 points, or 1.6 percent, to 16,994.22.

    The Standard & Poor's 500 index added 33.79 points, or 1.8 percent, to 1,968.89 and the Nasdaq composite rose 83.39 points, or 1.9 percent, to 4,468.59. All three indexes had their biggest point and percentage gains of 2014. The jump was the latest whipsaw day for the stock market. Only the day before, the Dow plunged 273 points on fears that the global economy was slowing. Wednesday's gains only made up for what investors lost on Tuesday.

    Volatility has picked up sharply in U.S. stocks in recent days. Dow has had moves of 200 points or more five times in the last 10 days. There have only been six other days this year when the index has made moves of that magnitude.


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