Feb
02

Iceland, Prosecutor of Bankers, Sees Meager Returns

Ilvy Njiokiktjien for The New York Times"Greed is not a crime. But the question is: where does greed lead?" said Olafur Hauksson, a special prosecutor in Reykjavik. REYKJAVIK, Iceland — As chief of police in a tiny fishing town for 11 years, Olafur Hauksson developed what he thought was a basic understanding of the criminal mind. The typical lawbreaker, he said, recalling his many encounters with...
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Feb
01

BofA online and phone service disrupted

Bank of America Corp. scrambled to restore service late Friday to its enormous customer base — 40 million households — which...
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Hackers target Twitter, access about 250,000 user accounts

SAN FRANCISCO (Reuters) – Anonymous hackers have targeted Twitter this week and gained access to roughly 250,000 user accounts though only “limited information” such as email addresses was compromised, the microblog said on Friday.Twitter has already reset passwords for affected users, and will notify them soon, it said in a blog post. The cyberattacks come days after the New York Times and the Wall...
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Julia Stiles Joins Mary Pickford Biopic ‘The First’

NEW YORK (TheWrap.com) – Julia Stiles has joined the cast of the Mary Pickford biopic “The First” to play famed screenwriter Frances Marion, Poverty Row Entertainment announced Thursday.Marion was the first woman to win an Oscar for Best Adapted Screenplay, taking the prize in 1930 for “The Big House.” She collaborated often with Pickford, writing the scripts for “Rebecca of Sunnybrook Farm” and “The...
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Birth Control Rule Altered to Allay Religious Objections

WASHINGTON — The Obama administration on Friday proposed yet another compromise to address strenuous objections from religious organizations about a policy requiring health insurance plans to provide free contraceptives, but the change did not end the political furor or legal fight over the issue. The proposal could expand the number of groups that do not need to pay directly for birth control...
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The Week’s Business News in Pictures

Reflecting diminishing fears over mad cow disease, Japan eased its decade-old restriction on imports of American beef on Monday. Ranchers cheered the news, but the beef industry still faces challenges, including high feed prices and drought. Here, cattle are herded through the Torrington Livestock Markets in Torrington, W...
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Jan
31

Hagel hearing reopens Senate wounds

WASHINGTON — Chuck Hagel, who was twice wounded as an enlisted soldier in Vietnam, came under withering attack Thursday as he...
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Online bingo shows its worth at Rank

LONDON (Reuters) – It may lack the noisy camaraderie of a trip to the bingo hall, but the online version of the numbers game has proved more profitable for Britain‘s Rank Group than the original.The merits of the online business were further emphasized when Rank said a snowy January had cost it 3 million pounds ($ 4.7 million) in revenue as Britons opted not to venture out to its bingo halls and casinos.Operating...
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“Gomer Pyle” actor Jim Nabors weds longtime male partner

SEATTLE (Reuters) – American actor Jim Nabors, the star of 1960s television comedy “Gomer Pyle, U.S.M.C.,” married his longtime male partner at a Seattle hotel this month.Nabors, 82, also a singer, wed 64-year-old Stan Cadwallader, his partner of some 38 years, in a ceremony before a judge on January 15 at the Fairmont Olympic Hotel, where the couple traveled after same sex marriage became legal in...
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Hip Implant’s Risks Inadequately Assessed, DePuy Report Found in 2010

A review conducted internally by Johnson & Johnson soon after it recalled a troubled hip implant found that the company had not adequately assessed the device’s potential risks before it was used in more than 90,000 patients, court testimony on Thursday showed. The engineering report, which was done in 2010, also found that Johnson & Johnson’s orthopedic unit had used inadequate...
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