Home » Archives for 11/14/11
Posted by Unknown on 9:28 PM
Venezuelan police said Monday that two more suspects have been arrested in the kidnapping of Washington Nationals catcher Wilson Ramos and that authorities are searching for several others.
The men, a Colombian and a Venezuelan, were detained Sunday in a car with several other people in the town of Moron, not far from where Ramos was held captive, national investigative police chief Humberto Ramirez told reporters.
Police seized revolvers from the men as well as a cellular phone "directly linked" to the kidnapping, Ramirez said at a news conference in the central city of Valencia. He said police are searching for other suspects.
Ramos was seized at gunpoint outside his family's home in Valencia last week and was rescued by police commandos two days later at a remote hideout in the mountains...
Posted by Unknown on 9:25 PM
A Rollin 30's Harlem Crip gang member who was arrested in 2008 as part of a large ATF/DEA investigation dubbed "Operation Criptonite" was sentenced to 240 months in federal prison for conspiracy to distribute oxycotin by United States Federal District Judge Philip S. Gutierrez.
Shaunta Taylor, 39, who also received 36 months of supervised release, was a previously convicted felon in Calif., and also a member of the Rollin 30's Harlem Crip criminal street gang which claims territory in parts of south central Los Angeles.
"This 20 year sentence will serve as a reminder to gang members that engaged in acts that promote violence in the communities, that they will not be tolerated," said John A. Torres, Special Agent in Charge of ATF's Los Angeles Field Division. "This was a great investigation...
Posted by Unknown on 9:17 PM
Buffett disclosed that his company, Berkshire Hathaway, had bought a 5.5 per cent stake in International Business Machines Corp, his first big investment in a technology company ever. Investor Warren Buffett says his company bought about $10.7 billion of IBM stock this year, giving him a more than 5 percent stake in the technology company. MF Global Parent Sued by Former Employees Over Firings MF Global Holdings Ltd., parent of the bankrupt broker-dealer, was sued by former employees who said they were terminated without cause and seek to recover 60 days’ wages and benefits.
Buffett has long refused to invest in high-tech companies because he has said it’s too difficult to predict which technology businesses will prosper in the long run.
But he said he recently changed his view of IBM based...
Posted by Unknown on 9:13 PM
The International Monetary Fund will release new criteria for currencies to enter its Special Drawing Rights (SDR) basket by the end of November, a possible step to including Brazil's real and China's yuan, Brazil's O Estado de S. Paulo newspaper reported on Friday. Their inclusion would be important to Brazil and China because the SDRs are a basket of currencies most global trade is settled in -- U.S. dollars, euros, Japanese yen and sterling."There's already been a view for a while that the basket needs to be broadened at some point and that currencies from emerging markets would be the most logical candidates for inclusion," the newspaper quoted an unidentified, high-level IMF source as saying.
"The publication of the criteria won't automatically mean this or that currency is included...
Posted by Unknown on 9:09 PM
International Monetary Fund Managing Director Christine Lagarde warned in a Nov. 9 speech in Beijing that the global economy risks “a lost decade of low growth and high unemployment” unless countries work together to resolve debt crises.
And China’s monetary-policy makers, she said, have a key role to play. “When inflation pressures are high and monetary policy is accommodative, monetary tightening makes sense,” she said at the 2011 International Finance Forum. “But when inflation is under control and exposure to external dangers is high, countries can hold off on monetary tightening.”
Lagarde is an attorney who served in several French government posts before being named the first woman to head the IMF in July.
Lagarde pushed for financial regulatory reform in France during the 2008 global...
Posted by Unknown on 9:05 PM
China's biggest commercial banks face systemic risks if a combination of credit, property, currency and yield curve shocks that could be withstood in isolation were to occur together, the International Monetary Fund warned on Tuesday.
The International Monetary Fund warned Tuesday that China’s banks face growing risks that might hamper growth, adding to concern about the world’s second-largest economy amid Europe’s debt crisis.
The IMF’s comments add to warnings by industry analysts that state-owned banks face a possible rise in bad loans and other problems after a lending boom that helped China rebound quickly from the 2008 global crisis.But China can contain these dangers by freeing up financial markets to give investors, commercial banks and the central bank greater autonomy from government...
Posted by Unknown on 9:02 PM
After breaking up and then making up, we're guessing this is her public announcement that it's officially over.
Kat Von D vented on her Facebook page today with a very lengthy note about some inside dramz between her relationship with Jesse James. And the L.A Ink star pretty much caught our attention right from the start, when she shared, "Today I encountered the 19th girl to add to the list of people Jesse cheated on me with during this last year. The post, titled, "Thank you, Jesse James," begins with, "Never have I felt so strong about True Love, than I do today. I believe in Love more than anything else, and more than ever before," and continues to discuss how she juggled with ideas on how best to "let go of any residual feelings remaining from that toxic relationship," and apparently...
Posted by Unknown on 8:56 PM
US President Barack Obama told supporters in his home state of Hawaii that everything they fought for in his 2008 election triumph was in the balance in the 2012 race.
Obama took a day to raise money for his reelection campaign and to relax by playing golf after he hosted a regional summit on Sunday. On Tuesday the president's entourage heads off to Australia to continue an Asia-Pacific tour.
"Everything we fought for in the last election is now at stake in the next election," Obama told around 250 people who had paid from $1,000 to attend the campaign brunch at a Disney resort in Hawaii.
"The very core of what this country stands for is on the line. The basic promise that no matter who you are or where you come from, what you look like, that you can make it in America if you try -- that...
Posted by Unknown on 8:52 PM
Jerry Sandusky, the former Pennsylvania State University football coach charged with child sex abuse, has admitted to showering with young boys, but says he did so without any intention of sexual contact.
In comments made to a US television news channel, Sandusky said he had "horsed around with kids", hugged them and "touched their legs without intent of sexual contact", but denied charges that he was a paedophile.
A former defensive co-ordinator for Penn State head coach Joe Paterno, Sandusky was charged earlier this month with 40 counts of sexually abusing eight boys, and is currently free on a $100,000 bond.
According to a grand jury report, Sandusky is accused of having sexual encounters with young boys in his home, at hotels and in the Penn State locker rooms. The allegations date...
Posted by Unknown on 6:55 PM
NBC announced Monday that it has hired Chelsea Clinton to become a full-time special correspondent for NBC News. The appointment was immediate. Ms. Clinton will begin work on stories that NBC expects to use as part of its “Making a Difference” series, which runs on “NBC Nightly News,” said Steve Capus, president of NBC News.
Ms. Clinton has been a national figure since her father won the presidency in 1992, but she has remained — first by her parents’ request and then by her own choice — largely out of the public eye.
Mr. Capus said an intermediary contacted him in July with word that “she was kicking around what she wanted to do next.”
Mr....
Posted by Unknown on 6:39 PM
Ilya Zhitomirskiy, one of the co-founders of Facebook-alternative Diaspora, died Saturday night at the age of 22. Ilya Zhitomirskiy, a co-founder of the startup social networking site Diaspora that put an emphasis on privacy and user-control, has died, a company spokesman said Monday. He was 22.
The cause of Zhitomirskiy’s death in San Francisco wasn’t immediately known, and neither the company nor the San Francisco Medical Examiner’s office would release details. A spokesman for the San Francisco medical examiner's office confirmed the death of Zhitomirskiy to FoxNews.com, originally reported Sunday by popular tech news blog TechCrunch. He was unable to confirm reports that the young man committed suicide.
Confirmation of the final cause of death could take weeks, he said. The New York...
Posted by Unknown on 12:12 PM
New York, NY, USA --- David Nelson did his best to avoid an awkward situation on Sunday.
Also a rumer of david nelson died... But we know the david nelson fantasy
After catching a three-yard touchdown pass in the second quarter to put the Buffalo Bills on the scoreboard, 21-7, Nelson first celebrated with his teammates in the end zone, then went to the sideline and handed the ball to his girlfriend -- who happens to be a Dallas Cowboys cheerleader.
"It was a special moment to share with her," Nelson said of Kelsi Reich, who is in her fourth season as a Cowboys cheerleader. "I didn't want it to be awkward."
Nelson's gesture thrilled Reich, who...
Posted by Unknown on 11:59 AM
Boston, MA, USA --- All along, the question has been whether the Tom Brady-led offense could carry the New England Patriots to their ultimate goal. It was understood that the defense was a work in progress, but the high-powered offense was supposed to be the least of the team's worries.
In Sunday's surprising 24-20 loss to the New York Giants, Pats quarterback Tom Brady didn't look like Tom Brady. His trademark decision-making and accuracy were nowhere to be found for long stretches of the action. Unexpectedly, the Patriots' much-maligned defense kept them in the game for the first three quarters until Brady finally found his groove. But then another leak sprung on the ship, with the D imploding in the fourth quarter.
The turn of events reflects how the Patriots -- who fell to 5-3 and into...
Posted by Unknown on 11:38 AM
Makana, sporting an "Occupy with Aloha" shirt, provided the musical entertainment to APEC leaders and the Obama family, as the intimate group gathered in Honolulu for the gala.
"I showed up and did my gig . . . it was an incredible experience to sing the words - those words - to that room of people. And I didn't belt it out. I started very subtly and subliminally," Makana explained to his fans in a recent YouTube video called "Occupy With Aloha."
The video, which documents Makana's APEC journey, has received more than 35,000 views since the weekend. The musician, whose real name is Matthew Swalinkavich, delivered "We Are The Many," a song inspired...
Posted by Unknown on 7:54 AM
what is health care
The U.S. Supreme Court will hear a challenge to President Obama's signature law on health care, it said Monday in an announcement that has nearly as much impact on partisan politics as the final decision has on the law itself.
The challenge in the case, brought by 26 states out of Florida, is based on the constitutionality of the individual mandate in the Patient Accountability and Affordable Care Act, which requires that all Americans purchase health insurance.
The nine-member court will also look at severability, meaning if the mandate falls, could the rest of the law survive since it is primarily built on the revenues collected by forcing people to buy health care.
The court is also folding in an additional case on the tax implications of the law.
The case is one...
Posted by Unknown on 7:12 AM
Striking a tougher tone than he's used in the past when discussing the Occupy movement, Philadelphia Mayor Michael Nutter says the city is reevaluating its relationship with the Occupy Philadelphia campers. Citing health and safety concerns, the mayor says the protesters are in violation of their city-issued permit. "Occupy Philly has changed," Mayor Nutter says. "We're seeing serious health and safety issues playing out on almost a daily basis." Nutter told reporters at a press conference this afternoon that the Occupy group has not responded to the city's health and safety concerns, which include the suspected use of open-flame cooking stoves near combustible tents and the lack of a clear emergency exit lane. The city has been working with the protesters to identify a new ...
Posted by Unknown on 7:11 AM
The Internet is constantly stirring the pot when it comes to the hippest restaurants and food trends. There are food blogs, people tweeting about food, and even pictures of food. The latest food phenomenon being talked about in social media comes from chicken franchise Kentucky Fried Chicken. An employee recently uncovered a 50-year-old book from Colonel Harland Sanders himself in the KFC archives. Within the book is a secret manuscript from the mid-1960s. In the first chapter, the colonel describes the nearly 200-page book as "the story of a man's life and the story of the food he's cooked and eaten." Also included are the colonel's recipes for casseroles, omelets, pancakes, and pies that reflect his love for "old-time country and farm cooking." KFC is looking into putting portions...
Posted by Unknown on 6:46 AM
Young professionals want to work for Google, Apple and Facebook. Investment banks? Not so much. About one in five young workers in the U.S. picked Google Inc. as a most desirable place to work according to a survey by Universum, an employment data and consulting firm. Apple Inc., Facebook Inc., the U.S. State Department and Walt Disney Co. round out the top five.
Universum queried about 6,700 early-career professionals, defined as college graduates under the age of 40 with one to eight years of work experience, and asked them to pick as many as five ideal employers out of a list of about 200. Respondents could also write in candidates.
This is the second year that Universum has conducted the survey. Google topped the earlier survey as well.
Google has "established a very strong brand in...
Posted by Unknown on 6:22 AM
Remember when you lied awake at night in high school, dreaming that just one day before the prom, Nick Lachey would come to your school with a bouquet of flowers, sing “My Everything” and ask you to the dance? No? Just me? Is that why I keep watching The Sing-Off? Anyway, none of us were quite as lucky as Corporal Kelsey DeSantis, who asked Justin Timberlake to the 236th Marine Corps Ball earlier this year… and got a “yes.”
But Timberlake’s acceptance wasn’t all for show and good PR. Dude actually made good on his promise to attend the ball with DeSantis. That’s right: DeSantis became the envy of every TRL-loving guy and gal out there and was...
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