Jan
08

Case of Wall Street greed gone too far

Goldman Sachs CEO Lloyd Blankfein was one of the executives whose stock award was accelerated to beat higher tax rate.STORY HIGHLIGHTSGoldman Sachs granted $65 million in stock to execs before new tax rates beganSusan Antilla says the firm's CEO had endorsed higher rates, called for entitlement cuts She says Goldman benefits from the implicit promise that U.S. will bail it outAntilla: It was unseemly...
Read More..

Arianespace says 2012 sales leapt by 30%

PARIS: The European space launch company Arianespace said Tuesday that its 2012 sales rose 30 per cent and forecast that it would dominate Russian and US rivals this year with a market share of more than 60 per cent.Arianespace sales soared to more than 1.3 billion euros, and the company said that it already covered 60 per cent of the global market last year, bringing its order book to...
Read More..

The hottest year on record

Extreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme heat, drought ravage MidwestExtreme...
Read More..

USADA head: I got death threats during Armstrong probe

(CBS News) Travis Tygart is the head of the U.S. Anti-Doping Agency, which polices U.S. Olympic sports. Lance Armstrong won the world's most grueling event, the Tour de France, seven times. But after Tygart's investigation, Armstrong lost all of his titles. In his first interview, Tygart spoke with us for the premier of a new program, "60 Minutes Sports" on Showtime. Tygart says Armstrong was doping...
Read More..

Menu Calorie Counts: How Accurate Are They?

They are supposed to help America's obesity problem: calorie counts boldly displayed on restaurant menus across the country and important information, considering Americans now eat one-third of their meals outside the home.Two states and nine counties require them today, and by the middle of next year, a federal law is expected to force chain restaurants, convenience stores...
Read More..
Jan
07

Why Al Jazeera deal doesn't seem right

STORY HIGHLIGHTSAl Gore sold Current to al Jazeera and could net an estimated $70 millionHoward Kurtz: Gore's Current network failed to gain an identity or viewers He says it's odd that the former vice president is selling to an oil-rich potentateKurtz: Al Jazeera may have a tough time getting traction with U.S. viewersEditor's note: Howard Kurtz is the host of CNN's "Reliable Sources" and is Newsweek's...
Read More..

Samsung tips record Q4 profit of US$8.3b

SEOUL: South Korea's Samsung Electronics said Tuesday it expected to post a record operating profit of 8.8 trillion won ($8.3 billion) in the fourth quarter of 2012.The predicted operating profit for October-December represents an 89 per cent rise from a year earlier, and would beat the record of 8.1 trillion won set in the previous quarter.Samsung, the world's largest technology firm...
Read More..

Enough with 'Happy New Year' already

Time to put away all things New Year's, says Dean Obeidallah, starting with the constant "Happy New Year" greetingSTORY HIGHLIGHTSDean Obeidallah: You can stop saying Happy New Year now. It's tacky and too lateEven South Jersey School of Etiquette president said after the first week, stopHe says we don't say Merry Christmas or Happy Hanukah when those holidays are overObeidallah: It gets progressively...
Read More..

Millions of foreclosure abuse victims to get checks

(CBS News) LOS ANGELES - Since the real estate implosion five years ago, major banks have been accused of fraudulent tactics to foreclose on thousands of Americans. On Monday, the U.S. government reached a settlement with 10 banks who will pay $8.5 billion. About four million homeowners who lost their homes to foreclosure will be getting some compensation. About 200 people showed up to a workshop...
Read More..

Colo. Suspect Bought Ticket 12 Days Before Shooting

Accused Aurora movie theater gunman James Holmes bought his movie ticket 12 days before the shooting, it was revealed in court today during the emotional first day of a preliminary hearing.Aurora Police Department homicide detective Matthew Ingui testified that there is no video surveillance of the actual shooting, but there are several photos of Holmes checking into the theater...
Read More..