Monthly Archives: February 2011

Is the NYSE-Deutsche Boerse deal a blow to US national pride?

NYSE deutsche boerse dealThe NYSE Euronext merger with Deutsche Boerse dilutes a U.S. icon and gives a German company 60 percent control over the combined entity.

Silvio Berlusconi will go to trial for prostitution in April

BerlusconiItalian Prime Minister Silvio Berlsuconi will go to trial on charges of engaging the services of an underage prostitute, beginning in April.

Secret formula for Coca-Cola found in old newspaper column

secret coke recipeThe secret recipe for Coke is said to contain ingredients anyone can find, and it's even easier for people who do their shopping online.

E-mail evidence in Bell, California, salary scandal surfaces

Protesters outside Bell, Calif., City Hall. The 2009 city administrator salary scandal marred the public trust.E-mail records of the Bell, Calif., salary scandal have been made public as the trial of City Administrator Robert Rizzo, et al, continues.

Clothing prices rising in 2011 because of cotton, oil prices

cotton pricesClothing prices will be affected by rising prices for cotton as well as oil, which is used to make alternative fabrics like polyester ...

The adjustable rate mortgage is staging a comeback

Ghost townThe adjustable rate mortgage was labeled a cause of the real estate crash and recession. An ARM isn't evil, and ARMs are starting to return.

Claims of Horseman of the Apocalypse in Egypt video run wild

Artist's charcoal drawing of death, depicted as a skull face on the back of a skeletal hand.The pale green Fourth Horseman of the Apocalypse video from the Cairo riots has gone viral. Is it the Last Judgment – or just lens flare?

More real life superheroes donning costumes to fight crime

Superhero costumeMembers of a group in North America called the Real Life Superheroes are donning masks and capes to fight crime and perform community service.

60 years in prison for killer of Chandra Levy

Phot of a washington sports club.Nearly a decade after she disappeared amid an affair with a congressman, Chandra Levy's killer has been convicted and given 60 years in prison.

Top TARP auditor Barofsky resigns as banks struggle to repay

File photo of TARP Inspector General Neil Barofsky.Head TARP auditor Neil Barofsky has resigned. There are currently more than 150 TARP banks in default on their government installment loans.

Reno microlending program targets unbankable businesses

MicrofinanceA new financing program in Reno is targeting businesses that have been denied financing from traditional loans, but the money is going fast.

Rumors fly about small, cheap iPhone Nano this summer from Apple

appleApple is reported to be leveraging its brand with a new family of connected smartphone devices that will compete in Android's price range.

Energy drinks could pose serious health risks for kids

Energy DrinkA new report, published in the journal Pediatrics, says energy drinks could pose a health risk to kids because of the high caffeine content.

Global food prices rising along with temperatures

Photo of some women shopping.World food prices have been driven to an all-time high by flooding, drought and increased demand -- all trends that are expected to continue.

Cal Berkeley saved from Title IX penalties by fundraising

FundraiserCal Berkeley students and supporters have kept the athletics department from being penalized under Title IX by aggressive fund raising.

Silvio Berlusconi likely to face criminal trial in Italy

Silvio BerlusconiPrime Minister Silvio Berlusconi is likely to face criminal charges in Italy. He allegedly engaged the services of an underage prostitute.

Pandora files for $100 million IPO

PandoraPandora, the online music service, has filed the initial paperwork with the SEC in order to hold an initial public offering for $100 million.