Luke Sharrett for The New York TimesSenators Charles E. Schumer and Kirsten E. Gillibrand of New York held a news conference Friday in Washington after the Senate gave final legislative approval to financing for flood insurance for Hurricane Sandy. WASHINGTON — Under intense pressure from New York and New Jersey, Congress adopted legislation on Friday that would provide $9.7 billion to cover insurance...
Clearwire investor seeks to block sale to Sprint
Labels: Technology(Reuters) – A large Clearwire Corp shareholder on Friday stepped up its campaign against the planned sale of the wireless service provider to its majority owner, Sprint Nextel Corp, saying it plans to ask the U.S. telecoms regulator to block the deal.Crest Financial’s general counsel also said on a call with reporters that it will ask the U.S. Federal Communications Commission to block Sprint’s plan...
Pacino says he didn't want to meet Spector
Labels: LifestylePASADENA, Calif. (AP) — Al Pacino said Friday that he decided not to meet famed record producer and convicted killer Phil Spector before portraying him in an HBO movie — only to find he already had.A friend showed Pacino a 20-year-old photo in which the actor was standing next to Spector. Pacino said he has no memory of the moment.The movie, "Phil Spector," debuts in March. It focuses on the client-attorney...
U.S. Settles Accusations That Doctors Overtreated
Labels: HealthA group of doctors who performed unusually high rates of heart procedures on patients at a community hospital in Ohio settled with the Justice Department over accusations that some of the procedures were medically unnecessary, federal regulators announced on Friday. The settlement covered accusations that the doctors and the hospital, then known as the EMH Regional Medical Center, had...
Your Money: An Invitation to High School Seniors to Write About Finances
Labels: BusinessAt the University of Michigan, one application essay talked about how local education cutbacks forced high school students to pay money to play team sports. As a result, the writer could no longer afford to play. At Pitzer College, a student used the example of the Ponzi schemer Bernard L. Madoff to take a philosophical look at how much money people truly need to be happy. As the economy...
Jan
03
Gerda Lerner, Historian, Dies at 92
Labels: World"Fireweed: a Political Autobiography"/Temple University PressGerda Lerner and her husband, Carl, in 1966, at her graduation from Columbia with a doctorate. Gerda Lerner, a scholar and author who helped make the study of women and their lives a legitimate subject for historians and spearheaded the creation of the first graduate program in women’s history in the United States, died on Wednesday in Madison,...
6 takeaways from Google’s antitrust settlement with US regulators
Labels: TechnologyGoogle Inc. has settled an U.S. antitrust probe that largely leaves its search practices alone. In a major win for Google, the Federal Trade Commission unanimously concluded that there is not enough evidence to support complaints from rivals that the company shows unfair bias in its search results toward its own products.Below are six of the biggest takeaways from the decision announced Thursday:—...
Plot spoilers pose 'Downton Abbey' challenge
Labels: LifestyleLOS ANGELES (AP) — There are many delicious reasons to watch the returning "Downton Abbey" and an exasperating one to skip it: The cover's been blown on major plot twists.In what may be outsized revenge for the American Revolution — or payback for years of exporting lousy U.S. TV and fast food — the Brits are sharing "Downton Abbey" with us, but only after first airing each season.That wouldn't matter...
Scant Proof Is Found to Back Up Claims by Energy Drinks
Labels: HealthEnergy drinks are the fastest-growing part of the beverage industry, with sales in the United States reaching more than $10 billion in 2012 — more than Americans spent on iced tea or sports beverages like Gatorade. Their rising popularity represents a generational shift in what people drink, and reflects a successful campaign to convince consumers, particularly teenagers, that the drinks...
Deepwater Horizon Owner Settles With U.S. Over Oil Spill in Gulf of Mexico
Labels: BusinessThe driller whose floating Deepwater Horizon oil rig blew out in 2010 to cause the nation’s biggest oil spill has agreed to settle civil and criminal claims with the federal government for $1.4 billion, the Justice Department announced Thursday. The Deepwater Horizon exploded, burned and sank in April 2010. Eleven men were killed and millions of gallons of oil flowed into the Gulf of Mexico...
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