The mega-merger is back.For the corporate takeover business, the last half-decade was a fallow period. Wall Street deal makers and chief executives, brought low by the global financial crisis, lacked the confidence to strike the audacious multibillion-dollar acquisitions that had defined previous market booms.Cycles, however, turn, and in the opening weeks of 2013, merger activity has suddenly roared...
Feb
14
Oscar Pistorius remains in jail facing murder charge
Label: World JOHANNESBURG, South Africa -- South African athlete Oscar Pistorius, who made history last year as the first double amputee...
The Poisonous Chemistry of Chocolate
Label: Technology In honor of Valentine’s Day, I am posting an updated version of an earlier, favorite piece about the chemistry of chocolate:The Latin name for the cacao tree – the tropical plant source of all things chocolate – consists of two words packed with candy-loving scientific exuberance. Theobroma cacao. It derives from the Greek words for god (theo) and food (brosi), roughly translating to “food...
Irish composer Raymond Deane talks Achill, Alma and ABBA too
Label: LifestyleDUBLIN (Reuters) – Irish composer Raymond Deane chafes at what he sees as a lack of recognition in his homeland for classical composers in a country better known for traditional fiddling and rock supergroup U2 than for notes on staves.“Classical music means Mozart and Beethoven and when you say Irish classical music their eyes just widen,” Deane, who recently turned 60, told Reuters over lunch at...
Life, Interrupted: Crazy, Unsexy Cancer Tips
Label: HealthLife, InterruptedSuleika Jaouad writes about her experiences as a young adult with cancer.Every few weeks I host a “girls’ night” at my apartment in Lower Manhattan with a group of friends who are at various stages in their cancer treatments. Everyone brings something to eat and drink, and we sit around my living room talking to one another about subjects both heavy and light, ranging from post-chemo...
Feb
13
Dorner manhunt: Investigators work to ID charred human remains
Label: World After what LAPD Chief Charlie Beck called "a bittersweet night," investigators Wednesday were in the process of identifying...
Navy: No New Weapons System on Our Future Carrier-Based Drone
Label: Technology The admiral in charge of the Navy’s drone development says there will be “no new weapons development program” for the drone the Navy wants to operate on an aircraft carrier. Rear Adm. Matthias Winter told a drone-industry conference on Wednesday that the Navy isn’t going to design any new weapons for its future Unmanned Carrier Launched Airborne Surveillance and Strike System, or UCLASS. The...
Well: Straining to Hear and Fend Off Dementia
Label: HealthAt a party the other night, a fund-raiser for a literary magazine, I found myself in conversation with a well-known author whose work I greatly admire. I use the term “conversation” loosely. I couldn’t hear a word he said. But worse, the effort I was making to hear was using up so much brain power that I completely forgot the titles of his books.A senior moment? Maybe. (I’m 65.) But for me, it’s complicated...
DealBook: Switzerland to Require Banks to Hold More Capital to Offset Mortgages
Label: BusinessLONDON – Switzerland said on Wednesday that Swiss banks would be required to hold additional capital for residential mortgages amid concerns that the country’s booming property market was overheating.The country, which already has more stringent capital rules for its banks than other European nations, said lenders would be required to hold an additional 1 percent of risk-weighted assets to make the...
Feb
12
Ex-Bell officials defend themselves as honorable public servants
Label: World Less than three years ago, they were handcuffed and taken away in a case alleged to be so extensive that the district attorney...
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