Business News:

Here are the key events in business and science news

• Jobs Recovery Still Slow in April (May 4): April is another slow month for job growth. Only 115,000 jobs are added in April, less than economists' predictions. The unemployment rate does decrease from March's 8.2 percent to 8.1 percent in April, but this is not because more jobs are created. The decrease in unemployment is due to 342,000 workers leaving the labor force.
• JPMorgan Chase Announces Two Billion Dollar Loss (May 10): JPMorgan Chase, the largest bank in the U.S., announces it has lost more than two billion dollars in trading. In a statement, Chief Executive Jamie Dimon blames the loss on "errors, sloppiness and bad judgment." Dimon also says that the losses can "easily get worse." (May 14): Ina Drew retires from JPMorgan Chase. Drew is the chief investment officer responsible for the trading that led to the two billion dollar loss of the bank's own money. The bank announces that it will form a team of senior executives to investigate the loss.
• Facebook Shares Go Public to Disappointing Results (May 17): Facebook becomes a public company, raising $14 billion in its initial public offering, at $38 a share, which gives the company a value of $104 billion. This makes Facebook the third-largest public offering in the history of the U.S., behind General Motors and Visa. (May 18): Facebook shares start selling at $42.05, but close at $38.23, only 0.6 percent above the I.P.O. price, a disappointing start to going public.

 Current Events:

Protests Intensify in Syria (Jan. 1): An 88-member Arab Parliament calls for the immediate withdrawal of Arab League monitors in Syria because the government continues to crackdown on opponents, despite the monitors being in the country. (Jan. 6): A bomb explodes in Damascus, killing 25 people and injuring dozens more. It is the second attack in the capital in the last two weeks. (Jan. 11):President Bashar al-Assad appears in public for the first time since the uprising began, thanking the crowd for supporting him. Meanwhile, a French journalist is killed during an attack at a pro-government rally in Homs. European Union Agrees to Impose Oil Embargo on Iran (Jan. 4): The countries within the European Union agree to impose an embargo on Iranian oil. France stresses the importance for sanctions and an embargo as a way to get Iran to halt uranium enrichment and end its nuclear weapon efforts. Any new sanctions and embargo will come in stages and a final decision by the European Union will not be made until the end of the month. Since December 2011, Iran has responded to talk of new sanctions from Europe and the U.S. by threatening to close the Strait of Hormuz, test-firing new missiles, announcing its first nuclear-fuel rod, and warning a U.S. aircraft carrier not to return to the Persian Gulf. Iran Blames U.S. and Israel for Death of Nuclear Scientist (Jan. 11): A bomber on a motorcycle kills nuclear scientist Mostafa Ahmadi Roshan in Tehran during the morning commute, according to Iranian media. It is the fourth attack on an Iranian nuclear specialist in two years. Immediately following the attack, Iran accuses the United States and Israel. The White House responds by denying any responsibility and condemning the attack. Azarenka, Djokovic Win Australian Open (Jan. 28–29): Victoria Azarenka from Belarus defeats Maria Sharapova of Russia, 6–3, 6–0, to win the Australian Open Women's Singles Championship. Serbia's Novak Djokovic beats Rafael Nadal of Spain, 5-7, 6-4, 6-2, 6-7, 7-5, to take the Men's Singles Championship. Djokovic and Nadal's five set match lasts 5 hours and 53 minutes, setting a new record for the longest grand slam singles final in the Open Era.

New Releases Tamil Movies 

rating 3.5/5:

Nanban:

Many eyebrows were raised when it was announced that the Hindi blockbuster 3 Idiots would be remade in Tamil with Shankar as the director. Remakes are always tricky, and if the lead actor is a big star, matters get complicated. However, it appears that with Gemini Film Circuit's Nanban (Friend), both Shankar and Ilaya Thalapathi Vijay have pulled it off. For starters, there are no starry airs in the title credits, which is a welcome variation. The hero appears a good fifteen minutes into the film and, even better, there are no fights. Panchavan Paarivendan or Paari (Vijay), a first year engineering student in Ideal Engineering College, seems to be a bit of a rebel when it comes to learning and doesn't take his classes seriously. But it's the system he's against, not education itself.Which cannot be said of his two friends Venkatraman (Srikanth) and Sevarkodi Senthil (Jiiva), who desperately want to pass every exam because that's what's expected of them. Thrown into the mix is Silencer (Satyan), an irritating know-it-all who always meets his nemesis at Paari's hands. And then there's the principal of the college, Virumandi Sandhanam aka Virus (Sathyaraj), who's out to get our trio. 

In the midst of all this is Paari's emerging love affair with Riya (Ileana), a medical student. Of course, the fact that she's Virus's daughter only complicates things. In many ways Nanban isn't really about events, plot-points or sudden twists; it's the story of two friends who see light in their lives through another. Vijay as Paari is the life and soul of the story. This is the guy you desperately want to see on-screen. Vijay has, after quite a while, has dived into a role as a do-gooder who isn't very saintly. As Paari he's funny, honest, and genuinely wants to see his friends happy. But he also happens to be a genius.It's a very appealing combination.There is less of dancing and fighting and more of feel-good emotions and humour.He is, frankly, a joy to watch.Jiiva and Srikanth provide able support. The desperation in Jiiva's eyes and his frustration with his circumstances are very real. Srikanth, as the clear-cut "engineer-prototype" does well.Satyan's turn as the Silencer brings plenty of laughs, especially with his speech on Teacher's Day.Sathyaraj is more of a caricature, although he does redeem himself in certain moments and during the climax. Still, his character could have done with some more depth.Ileana, despite having a couple of laugh-out-loud moments towards the end, is just eye-candy.There's no real purpose to her role.Except for Ask Laska (picturised in tongue-in-cheek fashion) and perhaps En Frienda Pola, Harris Jeyaraj's music is largely unappealing.T Muthuraj's art work fits the bill, while Manoj Paramahamsa's camera work is slick, neat, and most importantly, non-intrusive.The editing could do with some finesse too. At more than three hours, Anthony could definitely have wielded his scissors better.The dialogues, written by Shankar and Karky, falter at times but scrape through even if they carry a good many platitudes. You do see shades of the Hindi remake, but it has Shankar's touches as well.Logic does go for a toss at times; there are moments when everything is too syrupy-sweet. The pace is jerky, and the voice-overs don't really serve much purpose.And yet, it offers hope, and the promise of everything turning out good in the end. It's perfect feel-good fare. And Vijay is at his best. Worth a watch.