Sarah Palin is out as a Fox News Channel contributor
NEW YORK, N.Y. – Sarah Palin is out as a Fox News Channel contributor.
JPMorgan risk officer John Hogan takes leave until summer
(Reuters) – The chief risk officer of JPMorgan Chase & Co , John Hogan, is taking a leave of absence until early summer to spend time with his family after grappling with the fallout from the company’s “London Whale” trading debacle for much of the past year. Hogan, 46, announced his action in a memo sent on Friday to employees in his department and reviewed by Reuters. …
Petrol bombs fly again as Northern Irish flag protests continue
BELFAST (Reuters) – Northern Irish police were pelted by petrol bombs for the first time in almost two weeks on Friday after more protests at the removal of the British flag from Belfast City Hall. Masked youths clashed with police on the streets of east Belfast on an almost nightly basis for six weeks after local councilors voted to end a century-old tradition of flying the flag, enraging some pro-British loyalists. The worst violence had calmed in recent days and most demonstrations on Friday passed off without major incident. …
London hotels ranked the worst in 100 cities
LONDON (Reuters) – Visitors to London have marked its hotels as the worst in a list of 100 cities due to overpriced minibars, lousy breakfasts and slow service, according to a survey released on Friday. A study by travel metasearch website Trivago of hotel reviews from more than 140 accommodation booking sites found London came last in a list of 100 cities that had at least 135 hotels and 60 reviews. It did not include TripAdvisor postings. The German city of Dresden came top with its hotels receiving the highest ratings and most positive reviews from guests. …
Dr. Phil scores interview with alleged mastermind of ND Te'o girlfriend hoax
NEW YORK, N.Y. – Dr. Phil McGraw has booked the first on-camera interview with the man who allegedly concocted the girlfriend hoax that ensnared Notre Dame football star Manti Te’o.
Petrol bombs fly again as Northern Irish flag protests continue
BELFAST (Reuters) – Northern Irish police were pelted by petrol bombs for the first time in almost two weeks on Friday after more protests at the removal of the British flag from Belfast City Hall. Masked youths clashed with police on the streets of east Belfast on an almost nightly basis for six weeks after local councillors voted to end a century-old tradition of flying the flag, enraging some pro-British loyalists. The worst violence had calmed in recent days and most demonstrations on Friday passed off without major incident. …
Credit Suisse could owe $2 billion in National Century fraud: judge
NEW YORK (Reuters) – Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal judge's determination on how to apportion responsibility. Friday's decision by U.S. District Judge James Graham could expose the Swiss bank to hundreds of millions of dollars of added liability over the activities of Lance Poulsen, who co-founded National Century in 1990 and was its chief executive. He is now serving a 30-year prison term and is presumed insolvent. …
RCMP affidavit says SNC-Lavalin execs paid $160M kickbacks to Gadhafi son
MONTREAL – A former SNC-Lavalin executive allegedly paid the son of dictator Moammar Gadhafi $160 million in kickbacks to obtain major contracts in Libya, according to an unsealed affidavit from the RCMP’s anti-corruption squad.
Crown wants judge's ruling suspended in B.C. human smuggling case
VANCOUVER – A Crown lawyer is asking a B.C. Supreme Court judge to suspend a ruling that struck down Canada’s human smuggling law until an appeal can be heard.
Veteran Mapp looking to hold off first draft pick Smith at Impact camp
MONTREAL – Director of soccer operations Matt Jordan wanted one thing made clear about the Montreal Impact’s left side midfielder Justin Mapp:
Exclusive: US Air, AMR deal could come in next two weeks - sources
NEW YORK (Reuters) – US Airways Group Inc and American Airlines parent AMR Corp are in the final stages of negotiati ng a merger, with the final price and management structure still to be resolved, four people familiar with the matter said. The two airlines, as well as AMR's creditors and its bondholders, have focused their efforts in recent weeks on reaching a merger agreement, and a deal could come in the next two weeks, the people said on Friday. …
Chile's Falabella eyes more opportunities in LatAm
SANTIAGO (Reuters) – Chilean retailer Falabella is looking at options to grow more aggressively in the region, including the possibility of mergers and acquisitions, vice-president Carlo Solari told Reuters on Friday. Falabella plans to invest $3.923 billion from 2013 to 2017 to double the number of stores and shopping malls it operates in Argentina, Chile, Colombia and Peru. “Obviously we’re looking at organic and non-organic opportunities to grow,” Solari said on the sidelines of the Community of Latin American and Caribbean States and European Union business summit. …
Assange: WikiLeaks film script leaked to WikiLeaks
LONDON (AP) -- If you’re making a movie about WikiLeaks, this is the kind of thing you probably see coming.
Gold miners lead TSX lower after nearing 18-month high
TORONTO (Reuters) – Canada's main stock index dipped lower on Friday as falling bullion prices pressured gold miners and investors paused following a steady climb this year to near 18 month highs. The index, which has risen 3.1 percent since th e new year, touched its highest level since August 2, 2011 earlier in the session before retreating. In the United States, the benchmark S&P 500 saw its eighth straight day of gains and closed above the 1,500 level for the first time in more than five years. "To see a pause on today is not a surprise. …
Brother of star sprinter Collins shot to death by police in St. Kitts after standoff
BASSETERRE, St. Kitts – The brother of former 100-meter world champion Kim Collins was shot to death by police after attacking an officer during a domestic dispute, officials said Friday.
Opera about Nazi atrocity shown in Austria
VIENNA (AP) -- Thousands of children were murdered by the Nazis because they fell short of the Aryan ideal. On Friday, a hushed audience gathered in Austria's Parliament to watch the world premie re of an opera depicting how the Nazis methodically killed mentally or physically deficient children at a Vienna hospital during World War II.
French-backed Mali forces push towards rebel-held Gao
SEGOU/BAMAKO, Mali (Reuters) – French-backed government forces advanced into northern Mali towards the Islamist rebel stronghold of Gao on Friday, recapturing the town of Hombori and forci ng al Qaeda-allied fighters to pull back under relentless French air strikes. France sent troops and aircraft to its former colony two weeks ago to block a southward offensive by Islamists occupying Mali's north. French and Malian troops have been pushing forward on either side of the Niger River, securing several farming towns recaptured over the last week. …
U.N. chief to recommend intervention troops for Congo: official
UNITED NATIONS (Reuters) – U.N. Secretary-General Ban Ki-moon will recommend to the U.N. Security Council that a peace enforcement unit be deployed in easte rn Democratic Republic of Congo to take on the M23 rebels and other armed groups, a senior U.N. official said on Friday. The intervention unit of a few thousand troops would aim to prevent armed groups from expanding territory in the resource-rich region by overpowering and disarming them. The unit would be contained within the existing U.N. force, known as MONUSCO. "It is not simply peacekeeping, this is peace enforcement. …
Exxon Mobil regains market-value crown from slumping Apple
NEW YORK (Reuters) – Exxon Mobil Corp has reclaimed its place as the largest U.S. publicly traded company by market value one year after losing it to Apple Inc, as shares of the technology giant extended their recent fall on Friday. Apple's market capitalization has fallen by about $250 billion – roughly the total market value of Google Inc – since hitting a high last September, when the stock traded above $700. Apple shares traded as low as $435 before closing down 2.4 percent on Friday at $439.88, for a market value of roughly $413 billion. Exxon shares, up 0.4 percent on the day to $91. …
India: 35-year term not enough for Mumbai plotter
NEW DELHI (AP) -- India expressed disappointment Friday with the 35-year sentence given to an American who admitted his role in the 2008 Mumbai attack, saying he deserved more prison time for the terrorism that killed 166 people in the country’s financial capital.
Saturday, January 26, 2013
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