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US foreclosures drop 2nd straight month in Feb-RealtyTrac – Reuters
Real Estate Channel
US foreclosures drop 2nd straight month in Feb-RealtyTracReutersNEW YORK, March 11 (Reuters) – US mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on …Foreclosure rates up by smallest amount in 4 yearsThe Associated [...]
Big 12 roundup: Nebraska shocks Missouri
Big 12 roundup: No. 12 seeds take command early, roll 75-60; Texas Tech triumphs.
Tropicana Orange Juice Raising Prices
PepsiCo is raising prices on its Tropicana orange juice because of the deep freeze that hurt much of Florida’s citrus crop, the company said Wednesday.
Posted in Business Also tagged Fees and Rates), Juices, Oranges, PepsiCo Inc, Prices (Fares, Tropicana Products Inc Leave a comment
Mexico’s Slim named ‘world’s richest’ person – BusinessWeek
The Hindu
Mexico's Slim named 'world's richest' personBusinessWeekMexico's Carlos Slim, the son of an immigrant shopkeeper who amassed a $53.5 billion fortune and bought a major stake in the New York Times, became the first person from a developing nation to be named the world's richest person. …Carlos Slim Tops Forbes List of BillionairesNew York Times
Technology's [...]
National Briefing | South: Virginia: Opting to Refuse Health Overhaul
The state legislature approved a measure that bucks any effort by President Barack Obama and Congress to carry out a national health care overhaul in individual states.
Posted in World Also tagged Law and Legislation, Reform and Reorganization, United States Politics and Government, US, Virginia Leave a comment
Sandy Alderson to Review Baseball’s Troubled Dominican Pipeline
Sandy Alderson, a longtime baseball executive, is looking into a feeder system in which performance-enhancing drug use and age fraud are commonplace.
Posted in World Also tagged Alderson, Americas, Baseball, Dominican Republic, Major League Baseball, Sandy Leave a comment
Texas Hearing Considers Deeper Conservative Stamp on Textbooks
The Texas school board held hearings on proposed changes to the state’s social studies curriculum that would portray conservatives in a more positive light.
House Rejects Kucinich Plan for Swifter Afghanistan Pullout
Debate on the measure offered a preview of Congressional consideration later this year of the Obama administration’s request for money to pay for the Afghan war.
Posted in World Also tagged Afghanistan War (2001- ), Dennis J, House of Representatives, Kucinich, United States Defense and Military Forces, US Leave a comment
Chile’s New President Enters a Changed Political Landscape
The aftermath of the earthquake may give the country’s new right-wing government a chance to entomb the ghosts of the Gen. Augusto Pinochet.
Posted in World Also tagged Americas, Chile, Earthquakes, Pinera, Politics and Government, Sebastian Leave a comment
Obama Faces Criticism Over Pace of Action on Trade Issues
The question is whether the U.S. is prepared to lead or whether protectionist pressures will make it impossible to engage fully with trading partners.
Posted in World Also tagged Protectionism (Trade), United States Politics and Government, US Leave a comment
Obama Faces Criticism Over Pace of Action on Trade Issues
The question is whether the U.S. is prepared to lead or whether protectionist pressures will make it impossible to engage fully with trading partners.
Posted in Business Also tagged Protectionism (Trade), United States Politics and Government Leave a comment
Oil slips from $82 – Reuters
Washington Post
Oil slips from $82ReutersSINGAPORE (Reuters) – Oil fell to below $82 on Thursday on expectations for OPEC to keep pumping above quotas in the second quarter, pulling prices down from eight-week highs reached a day earlier. Falling fuel inventories in the United States and the …Oil Trades Below $82 After Rising on US Fuel [...]
Nigeria violence ‘fed by ethnic issues’
Former Nigerian President Olusegun Obasanjo insisted Wednesday that this week’s explosion of violence that claimed at least 200 lives is not driven by religious tensions between Christians and Muslims — but by ethnic, social, and economic problems.
Ben Quayle, the Former Vice President’s Son, Enters Politics
Ben Quayle has a familiar last name, but he is little known in Arizona. Now he is fighting to change that.
Posted in World Also tagged Ben, Dan, Elections, House of Representatives, Quayle, Republican Party, United States Politics and Government, US Leave a comment
Mexican telecom king tops richest list
Forbes magazine released its annual list of the world’s richest people Wednesday, and for only the second time since 1995, Microsoft founder Bill Gates’ name was not at the top.
Carlos Slim Tops Forbes List of Richest People
The Mexican businessman beat Bill Gates and Warren E. Buffett for the top spot in the 2010 list.
Posted in Business Also tagged Bill, Buffett, Carlos, Forbes Magazine, Gates, Slim Helu, Warren E Leave a comment
Kansas City Adopts Plan to Close Nearly Half Its Schools
The Board of Education in Kansas City, Mo., accepted a sweeping and contentious plan to shrink its school system in the face of dwindling enrollment, budget cuts and a $50 million deficit.
Thai shares may fall ahead of anti-govt rally – Reuters UK
BBC News
Thai shares may fall ahead of anti-govt rallyReuters UKBANGKOK, March 11 (Reuters) – Thai stocks may fall on Thursday, with local investors having little appetite for risk ahead of a big anti-government rally, analysts said, although foreigners have been buyers over the past two weeks. …Thai Bonds May Rally as Investors Brace for Protests, [...]
Chile’s new leader to be sworn in
Chilean tycoon Sebastian Pinera will be sworn in as president, with a major post-earthquake rebuilding effort ahead of him.
Big East roundup: Hoyas rout SF; No. 1 ’Cuse next
Big East roundup: Jason Clark and Greg Monroe scored 16 points each, and No. 22 Georgetown built a big first-half lead before handling everything South Florida star Dominique Jones could offer in a 69-49 victory Wednesday.
Unemployment tops 20% in eight California counties – Los Angeles Times
Los Angeles Times
Unemployment tops 20% in eight California countiesLos Angeles TimesThe state's jobless rate of 12.5% in January was its worst on record and fifth-highest in the nation. Job seekers surround a recruiter for California Prison Health Care Services at a job fair last month in Ontario. Unemployment in the Inland Empire in …Rise in [...]
Mexican shakes up world rich list
Mexican Carlos Slim overtakes Bill Gates as the world’s richest man, according to the Forbes “rich list”, with a fortune of $53.5bn.
Panel Releases Proposal on Education Standards
The new standards, which experts said could well be adopted by a majority of states, would replace the nation’s checkerboard of locally written standards.
Posted in World Also tagged Education and Schools, Governors (US), Standards and Standardization, States (US), US Leave a comment
Pelosi: Dems close on health care agreement
Democrats claimed momentum Wednesday in their drive to enact the sweeping health care legislation sought by President Barack Obama, citing near agreement on crucial issues despite persistent Republican efforts to knock them off stride.
Stark warning for Obama
A former Obama campaign official has some tough things to say, but says he’s still a supporter. CNN’s Ed Henry reports.
Japan growth revised down, as deflation deepens – MarketWatch
RTT News
Japan growth revised down, as deflation deepensMarketWatchBy MarketWatch TOKYO (MarketWatch) — The Japanese government revised fourth-quarter gross domestic product growth down Thursday, due to slightly weaker corporate capital expenditures and private inventories, and also tweaked down a gauge measuring …Japan Revises Down GDPWall Street Journal
Japan revises down 4Q economic growthThe Associated PressJapan Q4 Real [...]
Brazil Leader Rapped for Stance on Cuba Dissidents
BRASILIA, Brazil (AP) — Brazil’s president came under withering criticism Wednesday at home and in Cuba for his deference to the island’s communist government over political prisoners and hunger strikes for human rights.
World Briefing | Europe: Italy: Crackdown on Crime Families in Italy and U.S.
Authorities arrested 25 men in Sicily, New York, North Carolina and Florida on charges of taking part in a range of criminal activities under the umbrellas of the Gambino and Santa Maria di Gesù crime families.
Posted in World Also tagged Gambino Crime Family, Italy, Organized Crime, Santa Maria di Gesu Crime Family, United States, US Leave a comment
NYT: Decoded genome gives hope in fighting disease
Two research teams have independently decoded the entire genome of patients to find the exact genetic cause of their disease.
Boy, 7, who rescued family thanks 911 dispatcher
“They have guns. Can you come really fast? And bring soldiers, too.” That was the urgent message a Southern California boy gave a 911 operator he dialed from a bathroom when three armed robbers threatened his parents. A sheriff credited the boy with averting a tragedy.
Gerard Butler isn’t as ‘naughty’ as he once was
Gerard Butler may be known as a Hollywood bad boy, but the “The Bounty Hunter” star says he’s cooled things down — thanks to anxiety.
Slim Tops Gates and Buffett as World’s Richest Man
The Mexican billionaire Carlos Slim Helu has taken the top spot in the Forbes annual ranking of the richest billionaires in the world, pushing aside the two perennial leaders, Bill Gates and Warren E. Buffett, even though all three men added greatly to their wealth over the last year.
Posted in Business Also tagged Ambani, America Movil, America Movil SAB de CV, America Movil SAB de CV|AMX|NYSE, ArcelorMittal, ArcelorMittal S.A, ArcelorMittal S.A|MT|NYSE, Berkshire Hathaway, Berkshire Hathaway Inc, Berkshire Hathaway Inc|BRK.A|NYSE, Bill, Bill Gates, Bloomberg, Buffett, Carl C, Carl C. Icahn, Carlos, Carlos Slim, Executive Compensation, Forbes Rankings, Gates, George, George Soros, High Net Worth Individuals, Icahn, John A, John Paulson, Lakshmi Mittal, Michael Bloomberg, Michael R, Microsoft, Microsoft Corp, Microsoft Corp|MSFT|NASDAQ, Mukesh Ambani, Mukesh D, Paulson, Perelman, Private Equity, Reliance Industries, Ronald O, Ronald O. Perelman, Slim Helu, Soros, Top Headline, Warren E, Warren E. Buffett Leave a comment
Unemployment tops 20% in eight California counties – Los Angeles Times
MiamiHerald.com
Unemployment tops 20% in eight California countiesLos Angeles TimesThe state's jobless rate of 12.5% in January was its worst on record and fifth-highest in the nation. Job seekers surround a recruiter for California Prison Health Care Services at a job fair last month in Ontario. Unemployment in the Inland Empire in …Rise in Washington area [...]
Bank of Korea’s Lee Keeps Rate Unchanged at His Final Meeting – BusinessWeek
Yonhap News
Bank of Korea's Lee Keeps Rate Unchanged at His Final MeetingBusinessWeekMarch 11 (Bloomberg) — Bank of Korea Governor Lee Seong Tae kept the benchmark interest rate unchanged at his final meeting as the government pressed for low borrowing costs to spur investment and cut unemployment. …Bank of Korea stands pat on policy interest rateMarketWatch
South [...]
Rise in Washington area unemployment seen as good sign for economy’s recovery – Washington Post
MiamiHerald.com
Rise in Washington area unemployment seen as good sign for economy's recoveryWashington PostAs the area's economy starts to recover, employment officials say they are seeing more job fairs and job postings. (Marvin Joseph/the Washington Post) By V. Dion Haynes Unemployment rates rose in the District, Maryland and Virginia in January, …Jobs ticking up in many [...]
Mexico’s Slim becomes ‘world’s richest’ person
Mexican telecom tycoon Carlos Slim is the world's richest person, jumping past Americans Bill Gates and Warren Buffett to become the first person from a developing nation to top the list, according to Forbes magazine.
Obama pledges to continue Haiti aid, says situation ‘remains dire’
President Obama met Wednesday with Haitian President Rene Preval to discuss relief, recovery and reconstruction efforts in Haiti.
Obama pledges to continue Haiti aid
President Obama met Wednesday with Haitian President Rene Preval to discuss relief, recovery and reconstruction efforts in Haiti.
Obama pledges to continue Haiti aid, says situation ‘remains dire’
President Obama met Wednesday with Haitian President Rene Preval to discuss relief, recovery and reconstruction efforts in Haiti.
Japan Revises Down GDP – Wall Street Journal
Japan Revises Down GDPWall Street JournalTOKYO — The Japanese government Thursday revised down its reading on the economy's fourth-quarter growth rate, saying business investment was weaker than initially thought. Gross domestic product expanded at a price-adjusted …Japan's Q4 growth revised down to 0.9%MarketWatch
Japan revises down 4Q economic growthThe Associated PressJapan Q4 Final GDP +0.9% On [...]
Mexico hopes to lure filmmakers with subsidies
Mexico has implemented a new program subsidizing filmmakers in a bid to attract more cinema business to the country.
Census campaign targets tech-savvy Hispanic youth
Groups pushing for robust Hispanic participation in the 2010 census announced a new campaign Thursday that aims to reach the hard-to-count demographic through its smart-phone-toting youngsters.
White House slams insurers
President Obama is set to turn up the heat on private health insurers again Wednesday, taking his increasingly populist health care overhaul pitch on the road to the political battleground state of Missouri.
Lower Credit Card Debt Traced Primarily to Charge-Offs
Americans cut more than $93 billion in credit card debt from 2008 to 2009. Good news, right?
It’s not what it seems, according to an analysis of federal data by CardHub.com, a credit card comparison website….
Offshore Brazil Beckons for BP – Wall Street Journal
Reuters
Offshore Brazil Beckons for BPWall Street JournalBritish oil giant BP PLC is set to acquire a big swath of oil assets from US independent oil and gas producer Devon Energy Corp. The deal, worth up to $6 billion, would vault BP into the hot new oil region off the …BP bidding on a package of [...]
Hundreds rounded up in Tibet crackdown – Times Online
ABC News
Hundreds rounded up in Tibet crackdownTimes OnlineHundreds of Tibetans are being rounded up and detained in Lhasa and armed paramilitary groups are patrolling the streets in advance of the anniversary of fatal riots in 2008, The Times has learnt. Authorities are anxious to avoid a repeat of the …China Rubbishes Dalai Charge Of Annihilating [...]
Pelosi: Democrats close to health care deal
Democrats claim momentum in their drive to enact the sweeping health care legislation sought by President Barack Obama, citing near agreement on crucial issues.
Newsweek: D.C. aims to boost use of female condoms
The underutilized female condom is making a big comeback in Washington, D.C., thanks to a major grant. But is it enough to stop the spread of HIV?
Hitting the road for health care
President Obama takes his health care message to Missouri to urge passage of Democratic overhaul proposals.
Reinsurer Everest Re Chile quake loss hits $225M
Reinsurer Everest Re Group Ltd. on Wednesday estimated its preliminary loss relating to the earthquake in Chile at $225 million.
Disaster Experts Praise Chile Quake Response
SANTIAGO, Chile (AP) — President Michelle Bachelet leaves office Thursday with a chunk of her country in ruins — and her popularity in the clouds.
Neighbors Oppose Green Label for the Software Mogul Mitch Kapor’s Big House
When the software mogul Mitch Kapor won planning approval for his 10,000-square-foot house in Berkeley, Calif., neighbors were surprised that it will qualify as “green.”
Posted in Business Also tagged Energy Efficiency, Environment, Housing and Real Estate, Kapor, Mitchell, Sustainable Living Leave a comment
Video: Jump ball: Sasha Obama vs. Maisy Biden
The White House released a photo on Wednesday of the first time the daughter of a president played basketball against the granddaughter of his vice president. NBC’s Brian Williams reports. (Nightly News)
Howard Stern vs. Oprah Winfrey over Gabourey Sidibe
Howard Stern vs. Oprah Winfrey? Who would win the battle of the media icons?
Howard Stern is under fire for his criticism of Oscar-nominated actress Gabourey Sidibe….
Video: Study: Bone-strengthening drugs could backfire
Two small studies suggest that a small percentage of patients who use certain drugs to prevent bone loss for more than five years could be at greater risk for a rare type of hip fracture. NBC’s Robert Bazell reports. (Nightly News)
Video: Health care debate moved to Midwest
President Obama traveled to Missouri Wednesday to continue his push for health care reform. NBC’s Savannah Guthrie reports (Nightly News)
Lawmakers lash out at Dalai Lama’s speech – Xinhua
ABC News
Lawmakers lash out at Dalai Lama's speechXinhuaBEIJING, March 10 (Xinhua) — Chinese lawmakers lashed out at an annual speech delivered by the Dalai Lama Wednesday, saying no matter what new wording he used, his ultimate political attempt of sabotaging ethnic solidarity and splitting China has …Dalai Lama Expresses 'Little Hope' for Progress With China [...]
Jesse Ventura, Master on the Microphone, Promotes Conspiracy Book
Jesse Ventura is still cutting professional wrestling-style promos. Ventura is out selling his new book, American Conspiracies: Lies, Lies and More Dirty Lies that the Government Tells Us….
Citi Takes Another Step Toward Normalcy With TRUPs Sale – Wall Street Journal
Citi Takes Another Step Toward Normalcy With TRUPs SaleWall Street JournalNEW YORK (Dow Jones)–Investors' enthusiastic reception for Citigroup's (C) sale of $2 billion of trust preferred securities Wednesday takes the once-tottering bank another step closer to repairing its …Citigroup Sells $2 Billion of TruPS With 8.5% YieldBusinessWeek
Citi preferred securities sale passes litmus testReutersCitigroup Up as [...]
17 arrests at meatpacking plant in Fremont, Neb.
Seventeen people were in federal custody Wednesday as part of an ongoing investigation of a Fremont meatpacking plant by immigration officials, authorities said.
Mexico’s Slim tops the list of world’s richest
For the third time in three years, the world has a new richest man.
Technology’s Richest Billionaires – Forbes
Globe and Mail
Technology's Richest BillionairesForbesBill Gates loses top spot, but stock surge lifts fortunes of youngest and once-young technology moguls. Bill Gates is no longer the world's richest man. Though the software visionary's net worth rose $13 billion to a whopping $53 billion in the last …Mexico's Carlos Slim overtakes Gates in world rich listBBC [...]
Silverstein could default on midtown tower – Crain’s New York Business
Silverstein could default on midtown towerCrain’s New York Business$325 million loan on 575 Lexington Ave. is transferred to special servicers; move does not affect developer's other properties, including those at Ground Zero. Developer Larry Silverstein could default on one of his office buildings. …Silverstein May Default on Debt for 575 Lexington, Fitch SaysBusinessWeek
Silverstein Building in [...]
Tropicana shrinks OJ cartons, raises prices
Pepsico Inc. is raising prices on its popular Tropicana orange juice because of the deep freeze that hurt much of Florida’s citrus crop.
Hunter says black Latino players are ‘impostors’
Los Angeles Angels center fielder Torii Hunter insists he meant no harm toward Latino players when he referred to them as “impostors” while discussing the number of African-Americans in the major leagues.
BP bidding on a package of Devon’s assets: sources – Reuters
Reuters
BP bidding on a package of Devon's assets: sourcesReutersA British Petroleum (BP) sign is seen at a petrol station in south London July 29, 2008. NEW YORK/LONDON (Reuters) – BP Plc (BP.L) is bidding on a package of Devon Energy Inc (DVN.N) assets that the US energy company put up for sale late last year, [...]
Mexico asks IMF to renew $48 bln credit line – Reuters
Hurriyet Daily News
Mexico asks IMF to renew $48 bln credit lineReutersMEXICO CITY, March 10 (Reuters) – Mexico asked the International Monetary Fund to renew a $48 billion credit line on Wednesday to protect against possible market turmoil when rich nations withdraw life support from their economies. …Mexico to Renew $48 Billion Credit Line With IMFBusinessWeek
Turkey [...]
Too many patients get invasive heart tests
A troublingly high number of U.S. patients who are given angiograms to check for heart disease turn out not to have a significant problem, according to the latest study to suggest Americans get an excess of medical tests.
Top postal service official addresses shortfall, rivals – Atlanta Journal Constitution
KARE
Top postal service official addresses shortfall, rivalsAtlanta Journal ConstitutionEvery time you hit “submit” to pay a bill online, you're making a decision that makes Patrick Donahoe cringe. "I wish you wouldn't do that," said Donahoe, the deputy postmaster general of the United States Postal Service who …Olivehurst mail facility to be closedAppeal-Democrat
USPS should engage public [...]
Psychiatric Solutions weighs sale of company – Reuters
The Business Insider
Psychiatric Solutions weighs sale of companyReutersPHILADELPHIA, March 10 (Reuters) – Mental health facilities operator Psychiatric Solutions Inc (PSYS.O) said it hired Goldman Sachs as its financial adviser after being approached by third parties about a possible acquisition of the company. …Psych Solutions Pops On Buyout ChatterForbes
Psychiatric Solutions Says Approach Made by PurchaserBusinessWeekPsychiatric Solutions [...]
Chilean Fishermen Brave Tsunami Fears, Dream Of Sea
TUBUL, Chile (Reuters) – Undeterred by terrifying memories of a roaring tsunami that nearly killed him, Chilean fisherman Herne Pezo hammers away at his tiny boat, yearning to return to sea as soon as it’s fixed.
Gymboree 4Q Profit Jumps 13%; Plans Mideast Franchise Expansion – Wall Street Journal
Reuters
Gymboree 4Q Profit Jumps 13%; Plans Mideast Franchise ExpansionWall Street JournalGymboree Corp.'s (GYMB) fiscal fourth-quarter profit grew 13% as the children's apparel maker posted higher sales and margins. Shares were up 2.8% at $47.60 in after-hours trading, as the earnings results topped the company's February projection. …Gymboree Q4 profit beats Street; Q1 view strongReuters
Gymboree's profits [...]
AT&T tries to avoid outages at SXSW conference
On Friday, the major movers in the tech industry will gather in Austin, Texas, for the annual South by Southwest Interactive Conference.
Quake claims Haiti’s best and brightest
The Jan. 12 earthquake disproportionately killed young professionals, and compounding the loss is a quickening brain drain of people with the ability and means to leave a ravaged country.
Brain drain – Haiti – Immigration – Organizations – Business and Economy
TechTarget posts 4Q loss, CEO sees healthy growth
Technology Web site operator TechTarget Inc. posted a fourth-quarter loss as sales slipped and the company absorbed higher expenses for stock-based compensation, but CEO Greg Strakosch predicted "healthy growth" in 2010, now that "the worst of the downturn is behind us."
Mine foreman pleads guilty in record-faking case
A foreman accused of forging safety inspection reports at a West Virginia mine has pleaded guilty to violating federal mine safety laws.
Summary Box: FDA reviews Medtronic stimulator
The Food and Drug Administration has posted its review of a Medtronic device that treats seizures by stimulating areas of the brain used for movement.
Intel’s Core i7-980X Launches with a Bang – PC Magazine