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China gets blame for intellectual theft
Intellectual property theft is supposedly costing the United States more than US$300 billion each year. A study in the US has shown this is equivalent to all US exports to Asia. The 11-month study by a Congressional Commission found that software and other product theft was on an unprecedented scale. Commission co-chair Jon Huntsman, the former US ambassador to China, told reporters the ...
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Venezuela to meet toilet paper demand
The Venezuelan government has vowed to end a toilet paper shortage in the country. With the commodity in high demand, Venezuela's National Assembly has said it will agree to the importation of 39 million rolls of toilet paper. Toothpaste and soap are also on the Venezuelan shopping list following a chronic shortage brought on by currency controls, which have restricted the landing of ...
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Powerful women join Forbes list
Forbes has listed the world's most powerful woman for 2013 as Angela Merkel. She has become Forbes' number one for the 8th time. This year the list featured 8 heads of state, including the German Chancellor. Other women listed were two new billionaires to the list, women's clothing designer Tory Burch and Spanx's Sara Blakely, who both own their own companies. They were two of 24 ...
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Board approves News Corp split into two entities
WASHINGTON - Rupert Murdoch's News Corporation Friday announced the planned separation of the $76-billion conglomerate into two distinct publicly traded companies, with one to be renamed 21st Century Fox and the publishing firm to retain the News Corp brand. The split has been formally approved by the Board of Directors. The Company announced appointments to the Boards of Directors of both ...
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Italian watchdog says Vatican Bank has improved
The Vatican Bank has been the subject of a 10 page report from its newly formed financial watchdog agency. The report has revealed that there were some attempts last year to use the bank to launder money. In 2012 there were six suspicious transaction reports, two of which were passed on to Vatican prosecutors for investigation. Autorita Informazione Finanziaria, the watchdog, was ...
22°C Light Rain
Winds: From the ESE at 7 MPH
Movie Review
Bottle Rocket [DVD]
Given that he has become one of the most unique voices to emerge in recent American cinema, it is surprising that Wes Andersons directorial debut, Bottle Rocket, which he cowrote with star Owen Wilson, didnt make more of a splash. Or, really, any splash at all. Dismissed by Sun ... ...
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High-end lake homes are now hot property
In Cass, St. Louis, Otter Tail and Aitkin counties -- the most active lake home markets in the state -- the average price has increased 3 to 5 percent since last spring, according to Trulia, a national real estate research and listings firm. But it's the high-end vacation home that is seeing the biggest increase in ...
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Tim Cook gets the job done
to replace him as CEO has had many people questioning his judgment - that is, until last week. Although Jobs groomed Cook for years, Cook’s public persona often fell flat: His attempts at mimicking Jobs’ much-watched keynotes came off as one-notes.The fact that Apple stock has skidded 21 percent in the past year added to the perception that Cook might not be up to the job. That image ...
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Use data plan more but pay carrier less
TECH CORNER Are you constantly going over the limit of your cellphone’s data plan and then having to pay for the overages? You might want to check out Onavo Extend, a mobile app that compresses your data, allowing you to do five times more with your phone on your current plan.The app takes data you receive from the Internet and compresses it in Onavo’s cloud-based service. That ...
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Mr. Chairman who will take Fed’s place
Jonathon M. Trugman If not Fed chief Ben Bernanke, then who will provide the more than $1 trillion liquidity the global financial markets need to continue making record highs?The Fed giveth, but given last week’s testimony and minutes from the central bank and its leader, it could taketh it away.And as with the charge levied against JPMorgan CEO ...
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Everybody’s streaming so where’s the money
The fat lady has yet to sing, and the competition to capitalize on the digital music-streaming industry is far from over, especially with the likes of Google and Apple joining the ranks in the wake of pioneers like Spotify’s Daniel Ek.The number of users and amount of revenue in the industry are on the rise. Music-industry source IFPI reports that global revenue from digital music for ...
They Said It
We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.
Barack Obama
The U.S. president was speaking on his administration's counter terrorism policy.
Hotel Review
Hotel Sofitel, New York City
This at the time of my stay was one of the newest hotels in New York, and merited a review ...
Keep readingNews Survey
The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
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