Britain’s prestigious London School of Economics was guilty of a “chapter of failures” during its close dealings with Libya’s deposed Kadhafi regime, according to a report. It singled out former LSE director Howard Davies’ decision to let the school accept a £1.5-million ($2.3-million, 1.75-million-euro) gift from a foundation run by Seif al-Islam Kadhafi, the son [...]
Corruption is hampering efforts to tackle the eurozone debt crisis, a top anti-graft watchdog said Thursday, as Greece and Italy scored badly in a list of nations seen to be the most sleaze-ridden. The economic dramas in the euro area have happened “partly because of public authorities’ failure to tackle the bribery and tax evasion [...]
Hewlett Packard is dousing a report that cyber attackers could break into LaserJet printers over the Internet and make them overheat enough to catch fire. “There has been sensational and inaccurate reporting regarding a potential security vulnerability with some HP LaserJet printers,” the California-based company said in a memo available online Wednesday. “Speculation regarding potential [...]
Groupon chief executive Andrew Mason said Wednesday in his first comments since the online daily deals site went public that he believes the company is distancing itself from its rivals. “There’s no doubt the barriers to entry are very low” in the online coupon space, Mason told financial analysts at a technology conference sponsored by [...]
Time Warner on Wednesday named Laura Lang, chief executive of digital marketing agency Digitas, to run its extensive stable of magazines, which includes Time, People and Sports Illustrated. Lang, 55, will take over as chief executive of Time Inc. in January, Time Warner chairman and chief executive Jeff Bewkes said in a statement. An interim [...]
New Zealand captain Ross Taylor won the toss and chose to bat first under cloudy skies on the opening day of the first Test against Australia at the Gabba on Thursday. Australia left paceman Ben Cutting out of the starting eleven, leaving them with a three-man pace attack and finger-spinner Nathan Lyon. Peter Siddle, with [...]
The Panama Canal swelled the country’s coffers by a record $1 billion in the 2010-2011 fiscal year, bringing the total earned since control of the waterway was handed over by the US to some $6.6 billion. The waterway which links the Pacific and Atlantic Oceans handles 5.0 percent of world trade annually, and was handed [...]
A checklist used to guide the wounded Apollo 13 spacecraft home after the explosion that led to the famed “Houston, we’ve had a problem” call sold at auction in Texas Wednesday for just under $390,000. The checklist booklet contains handwritten calculations by Commander James Lovell to determine the spacecraft’s angle of descent back to Earth [...]
© 2012 Updated News. All Rights Reserved. Log in
-