The nation’s largest banks are facing a fresh torrent of lawsuits asserting that they sold shoddy mortgage securities that imploded during the financial crisis, potentially adding significantly to the tens of billions of dollars the banks have already paid to settle other cases. Regulators, prosecutors, investors and insurers have filed dozens of new claims against Bank of America, JPMorgan...
Dec
08
Shintaro Ishihara, Right-Wing Japanese Politician, Makes Gains
Label: WorldTOKYO — Shintaro Ishihara has been a rare, flamboyant presence in Japan’s otherwise drab political world for half a century. A novelist turned right-wing firebrand, he has long held celebrity status on the political margins, where he was known for dramatic flourish. He once signed a pact in blood to oppose diplomatic ties with China because of its communist government, and he published a book at the...
Are Online Degrees as Valuable as Traditional College Diplomas?
Label: TechnologyMillennials are the first generation to grow up with constant technology and personal computers. That might explain why they see such a value in online education.A recent poll by Northeastern University showed that 18 to 29 year olds had a more negative view about attending college because of the high cost, and a more positive opinion about online classes than their older counterparts. The survey...
Cowboy charged after player dies in auto accident
Label: LifestyleIRVING, Texas (AP) — Dallas Cowboys practice-squad linebacker Jerry Brown was killed in a one-car accident Saturday and teammate Josh Brent was charged with intoxication manslaughter.Irving police spokesman John Argumaniz said the accident happened about 2:20 a.m. Saturday in the Dallas suburb. Brent was speeding when the vehicle hit a curb and flipped at least once, Argumaniz said.Argumaniz said...
Dec
07
The Lede Blog: Updates on Protests in Egypt
Label: World“@ssaadani: محمد محمود في الإتحادية. http://t.co/cTfsNeKB”my favorite Mohamed Mahmoud graffiti made it to presidential palace— Abdel-Rahman Hussein (@ElFoulio) 7 Dec 12The Lede is following the political crisis in Egypt, where supporters and opponents of President Mohamed Morsi rallied on Friday....
iPad mini fails to draw crowds for China launch
Label: TechnologyEither Apple’s (AAPL) reservation-only system works better than anyone could have expected, or consumers in China have little interest in the company’s new iPad mini. Apple’s tiny tablet launched on schedule on Friday but according to IDG News Service, the turnout for Apple’s new slate was minimal. At Apple’s new flagship store in the well-trafficked Wangfujing district in Beijing, for example,...
The New Old Age Blog: A Son Lost, a Mother Found
Label: HealthMy friend Yvonne was already at the front door when I woke, so at first I didn’t realize that my mother was missing.It was less than a week after my son Spencer died. Since that day, a constant stream of friends had been coming and going, bringing casseroles and soup, love, support and chatter. Mom hated it.My 94-year-old mother, who has vascular dementia, has been living in my home in upstate New...
Dec
06
Wider Chaos Feared as Syrian Rebels and Kurds Clash
Label: WorldLynsey Addario for The New York TimesSyrian Kurds in Ras al-Ain are seeking refuge across the border in Ceylanpinar, Turkey. CEYLANPINAR, Turkey — In plain view of the patrons at an outdoor cafe here in this border town, the convoy of gun trucks waving the flag of the Syrian rebels whizzed through the Syrian village of Ras al-Ain. They had not come to fight their primary enemy, the soldiers of Bashar...
Facebook might buy Microsoft’s Atlas Ad platform to compete with Google
Label: TechnologyIs Facebook (FB) preparing to compete with Google (GOOG) in online advertising? According to AllThingsD and BusinessInsider’s sources Facebook might be taking steps to build its own advertising network for online websites. AllThingsD says that rather than build a new advertising network from scratch, Facebook could just buy Microsoft’s (MSFT) Atlas Solutions platform “that...
Hamilton, Greinke remain on market after meetings
Label: LifestyleNASHVILLE, Tenn. (AP) — As baseball's new Mr. Moneybags, Ned Colletti gets mentioned when almost any free agent is discussed this offseason."There's a perception that we're in on a couple dozen starting pitchers, three dozen outfielders and infielders, 17, 18 catchers," the Los Angeles Dodgers general manager said."People like to have us in. I guess it doesn't hurt to have us in, even though we're...
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