Clients of SAC Capital Advisors have asked to withdraw $1.7 billion from the giant hedge fund as the government’s insider trading investigation intensifies, according to people briefed on the matter.That amount represents slightly more than a quarter of the $6 billion that the fund manages for clients, and underscores the reputational damage to SAC from a spate of criminal cases tied to former employees...
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...
”Downton Abbey” star Maggie Smith never watches TV show
Label: LifestyleLOS ANGELES (Reuters) – Maggie Smith‘s sarcastic dowager Countess may be the star of British period drama “Downton Abbey,” but the award-winning actress says she has never watched the TV series.Smith, 78, who has won two Emmy Awards and a Golden Globe for her role as the acid-tongued Lady Grantham, tells CBS in an upcoming TV interview that she is amazed by the popularity of the show both in Britain...
Doctor and Patient: Afraid to Speak Up to Medical Power
Label: HealthThe slender, weather-beaten, elderly Polish immigrant had been diagnosed with lung cancer nearly a year earlier and was receiving chemotherapy as part of a clinical trial. I was a surgical consultant, called in to help control the fluid that kept accumulating in his lungs.During one visit, he motioned for me to come closer. His voice was hoarse from a tumor that spread, and the constant hissing from...
A Tiffany at Costco? Not Now, or Ever, Tiffany Lawsuit Says
Label: BusinessThe discount warehouse chain Costco got something from Tiffany for Valentine’s Day: a lawsuit claiming it had sold diamond engagement rings falsely marketed in stores using the jeweler’s name. The lawsuit, filed on Thursday in Federal District Court in Manhattan, says a shopper complained to Tiffany late last year “that she was disappointed to observe that Costco was offering for sale what...
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...
Kevin Spacey, Eva Longoria find starring roles online
Label: Lifestyle(Reuters) – “Desperate Housewives” alum Eva Longoria‘s new project won’t bring her back to ABC, or any traditional U.S. television network. The actress will produce and lend her voice to “Mother Up!,” a 13-episode adult animated comedy available in the U.S. this fall only on the online video site Hulu.Longoria, Kevin Spacey, John Goodman and other top Hollywood actors are being wooed by the growing...
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...
Media Decoder Blog: Time Warner Considers Spinning Off Some of Its Magazines
Label: Business9:15 p.m. | Updated Time Warner is in talks to shed much of Time Inc., the country’s largest magazine publisher and the foundation on which the $49 billion media conglomerate was built, according to people involved in the negotiations.Time Warner is in early discussions with the Meredith Corporation to put most of Time Inc.’s magazines — including People, InStyle and Real Simple — into a separate,...
Feb
12
Zhuang Zedong dies at 72; helped get 'ping-pong diplomacy' rolling
Label: World It might have been a chance meeting or a cunning act of propaganda, but the encounter more than 40 years ago between two ping-pong...
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