A Volatile Week Ends With Modest Gains

Stocks advanced modestly on Friday, leaving the Standard & Poor’s 500-stock index with slight gains after a volatile week, as strong economic data overshadowed growth concerns in China and Europe and let investors discount the impact of federal spending cuts. Data reported early in the day showed that Asian factories were slowing and European output was falling, setting off a sharp...

Read More..

Army Private Admits Giving Military Files to WikiLeaks

Alex Wong/Getty ImagesPrivate Manning pleaded guilty to 10 criminal counts in connection with the leak to WikiLeaks. FORT MEADE, Md. — Pfc. Bradley Manning on Thursday confessed in open court to providing vast archives of military and diplomatic files to the antisecrecy group WikiLeaks, saying that he wanted the information to become public because more openness could “spark a debate about foreign...

Read More..

'Girls Gone Wild' files for bankruptcy over debts

LOS ANGELES (AP) — The company behind the "Girls Gone Wild" video empire has filed for bankruptcy in a move it says is an effort to restructure its legal affairs after several disputed court judgments.GGW Brands LLC and several subsidiaries filed for Chapter 11 bankruptcy on Wednesday in Los Angeles, listing more than $16 million in disputed claims.The largest claim is $10.3 million that Wynn Resorts...

Read More..

Doctor and Patient: Why Failing Med Students Don’t Get Failing Grades

Tall and dark-haired, the third-year medical student always seemed to be the first to arrive at the hospital and the last to leave, her white coat perpetually weighed down by the books and notes she jammed into the pockets. She appeared totally absorbed by her work, even exhausted at times, and said little to anyone around her.Except when she got frustrated.I first noticed her when I overheard her...

Read More..

Advertising: A Shared History in Detroit Is an Ad Inspiration

THE Chrysler Group is bringing to life the advertising theme for its Chrysler brand, “Imported from Detroit,” through an innovative partnership with a coming Broadway show that bears the Detroit-inspired name of one of the most famous brands in music. The partnership unites Chrysler and “Motown: the Musical,” about the musical legacy of Berry Gordy and Motown, the record label he founded...

Read More..

Senate, in a More Affable Mode, Backs Treasury Nominee

WASHINGTON – The Senate on Wednesday easily and, for the most part, affably confirmed President Obama’s pick for Treasury secretary, Jacob J. Lew, just one day after the president’s nominee for defense secretary narrowly survived a highly politicized confirmation vote. Little of the acrimony that held up the nomination of Chuck Hagel, the former Nebraska senator who began his first day...

Read More..

Lawyer says Lohan committed to turning life around

LOS ANGELES (AP) — Lindsay Lohan is committed to turning her life around and wants to record public service announcements on the dangers of domestic violence, alcohol abuse and drunken driving, her attorney said Wednesday.Mark Heller told The Associated Press that the actress' plans are independent of a criminal case that could return her to jail on charges that she lied to police about being a passenger...

Read More..

Global Health: After Measles Success, Rwanda to Get Rubella Vaccine

Rwanda has been so successful at fighting measles that next month it will be the first country to get donor support to move to the next stage — fighting rubella too. On March 11, it will hold a nationwide three-day vaccination campaign with a combined measles-rubella vaccine, hoping to reach nearly five million children up to age 14. It will then integrate the dual vaccine into its national...

Read More..

Groupon Shares Crumple After Dismal Outlook, Take-Rate Cut

SAN FRANCISCO (Reuters) - Groupon Inc lost a quarter of its market value on Wednesday after the company revealed it began to take a smaller cut of revenue on daily deals during the holidays, sacrificing revenue and profits to attract and keep merchants. The cut in its "take rate", which some analysts had said was needed to revive flagging interest among merchants in its Internet offers, was...

Read More..

DealBook: Wall Street Pay Rises, for Those Who Still Have a Job

7:39 p.m. | Updated Wall Street may be shrinking — cutting thousands of jobs over the last year — but for those who remain, the pay is still very lucrative.The average cash bonus for those employed in the financial industry in New York last year rose roughly 9 percent, to $121,900, Thomas P. DiNapoli, New York State’s comptroller, said on Tuesday.Cash bonuses in total are forecast to increase by roughly...

Read More..