Improving markets lifted the fortunes of Kohlberg Kravis Roberts in the fourth quarter, as the investment firm reported a 22 percent rise in profit.K.K.R. said on Thursday that it earned $347.7 million for the quarter, as all of its businesses showed strong gains. For the year, the firm reported earning $2.1 billion.The fourth-quarter profit, reported as economic net income and which includes unrealized...
Feb
06
India Ink: Your Suggestions on Curbing Violence Against Women in India
Label: WorldThe trial of five of the six suspects in the New Delhi gang rape case that has captured worldwide attention began on Tuesday, just as the Indian government moved to strengthen its sexual assault laws in response to public outrage.Last week, we asked you to weigh in on what needs to be done to end the problem of sexual assault and violence against women in India, and you offered a wide range of solutions....
Migrant workers at Sochi Olympic sites face abuses
Label: LifestyleSOCHI, Russia (AP) — One year ahead of the Winter Olympics in Sochi, the roads in the Black Sea resort and its surrounding mountains are lined with migrants from Central Asia doing the grunt work that Russians find too low-paid and physically demanding.Tens of thousands of migrant workers from Uzbekistan, Tajikistan and Kyrgyzstan are a key element in Russia's intense drive to build facilities for...
Personal Health: Effective Addiction Treatment
Label: HealthCountless people addicted to drugs, alcohol or both have managed to get clean and stay clean with the help of organizations like Alcoholics Anonymous or the thousands of residential and outpatient clinics devoted to treating addiction.But if you have failed one or more times to achieve lasting sobriety after rehab, perhaps after spending tens of thousands of dollars, you’re not alone. And chances...
After Posting Lower Profit, Glaxo to Cut Costs
Label: BusinessLONDON (Reuters) — GlaxoSmithKline plans to cut costs in its struggling European drugs division and promised investors a return to growth this year, after failing to deliver a hoped-for recovery in sales and profits in 2012. The company, Britain’s biggest drug maker, said Wednesday that a new program to restructure European operations, drug manufacturing and research would save at least £1...
Feb
05
The Lede Blog: Ahmadinejad Attacked With Shoe in Cairo
Label: WorldLast Updated, 5:44 p.m. Mahmoud Ahmadinejad’s visit to Cairo, which started with an affectionate welcome on Tuesday from Egypt’s new Islamist president, turned less pleasant as the day wore on. First, Mr. Ahmadinejad, the Iranian president, was lectured by a senior Sunni Muslim cleric and then was nearly struck with a shoe by a man furious at Iran’s support for the Syrian government.A correspondent...
World Peace suspended, Howard out for Lakers
Label: LifestyleNEW YORK (AP) — Forward Metta World Peace has been suspended for one game because he hit Detroit's Brandon Knight in the face, and the Los Angeles Lakers also will be without Dwight Howard again when they face the Brooklyn Nets on Tuesday.World Peace grabbed Knight around the neck and struck him in the jaw with the knuckles of his mostly open hand on Sunday with 1:43 left in the first half of the...
Well: Warning Too Late for Some Babies
Label: HealthSix weeks after Jack Mahoney was born prematurely on Feb. 3, 2011, the neonatal staff at WakeMed Hospital in Raleigh, N.C., noticed that his heart rate slowed slightly when he ate. They figured he was having difficulty feeding, and they added a thickener to help.When Jack was discharged, his parents were given the thickener, SimplyThick, to mix into his formula. Two weeks later, Jack was back in the...
Bucks Blog: Many Relying on Home Equity for Retirement
Label: BusinessEven though the housing market has not recovered, nearly half of older working Americans expect to use equity in their homes to help finance their retirement, a new survey finds.Roughly 47 percent of employed Americans ages 50 to 70 said they were relying on equity in their homes, the Retirement Check-In survey from Ameriprise Financial found. The finding is surprising, an accompanying report notes,...
Feb
04
The Lede Blog: Malala Yousafzai, Pakistani Girl Shot by Taliban Militants, Speaks in New Videos
Label: WorldLast Updated, 4:54 p.m. Speaking on camera for the first time since she survived an assassination attempt by the Pakistani Taliban last year, the young activist Malala Yousafzai began with the words, “Today you can see that I’m alive.” The 15-year-old, who was shot in the head as she left school in Pakistan’s Swat Valley four months ago, promised that she would continue to be an outspoken advocate...
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