The Justice Department plans to file civil fraud charges against the nation’s largest credit-ratings agency, Standard & Poor’s, accusing the firm of inflating the ratings of mortgage investments and setting them up for a crash when the financial crisis struck.The suit, expected to be filed as early as this week, would be the first significant federal action against the ratings industry, which...
Feb
03
Greuel is in good position in mayor's race
Label: World Wendy Greuel's success in winning support of key city employee unions has enabled her to jump ahead of rivals in TV advertising...
Take-Two delays launch of Grand Theft Auto V video game
Label: Technology(Reuters) – Take-Two Interactive Software Inc said on Thursday it has pushed back the launch of the latest game from its hit “Grand Theft Auto” franchise to September 17 from its previously announced release window of spring 2013.Shares of Take-Two were down six percent at $ 12.31 in early afternoon trading on the Nasdaq.The delay was to allow Take-Two’s Rockstar Games studio, which develops “Grand...
Keys sings national anthem on piano at Super Bowl
Label: LifestyleAlicia Keys performed a lounge-y, piano-tinged — and live — version of the national anthem ahead of the Super Bowl on Sunday.The Grammy-winning singer played the piano as she sang “The Star Spangled Banner” in a long red dress with her eyes shut. Her publicist said the performance was live, days after halftime performer Beyonce admitted singing along to a prerecorded track at the Inauguration.Keys’...
Phys Ed: Helmets for Ski and Snowboard Safety
Label: HealthPhys EdGretchen Reynolds on the science of fitness.Recently, researchers from the department of sport science at the University of Innsbruck in Austria stood on the slopes at a local ski resort and trained a radar gun on a group of about 500 skiers and snowboarders, each of whom had completed a lengthy personality questionnaire about whether he or she tended to be cautious or a risk taker.The researchers...
Thomas Tull of Legendary Entertainment Faces a Critical Juncture
Label: BusinessKerry Hayes/Warner Brothers PicturesLegendary is the primary backer behind the coming release “Pacific Rim.” LOS ANGELES — During the baseball strike of 1995, Thomas Tull, then a 24-year-old laundromat owner, was audacious enough to turn up at a training camp for the Atlanta Braves. They looked at his swing and sent him home. No matter. Mr. Tull swatted through the entrepreneurial minor leagues,...
FTC issues guidelines for mobile applications
Label: TechnologyWASHINGTON (Reuters) – The Federal Trade Commission has issued a wide-reaching set of new guidelines for makers of mobile platforms and developers of applications for mobile telephones and tablets to safeguard users’ privacy.The non-binding guidelines, published in a report on Friday, include the recommendation that companies should obtain consumers’ consent before including location tracking in software...
Afghan singer’s star is rising, as are the threats
Label: LifestyleKABUL (Reuters) – With a scarf loosely covering a fancy television hairstyle, Latifa Azizi raised her arms in victory after surviving another elimination round on the hit talent show, “Afghan Star“.But the victory pales into insignificance when compared with the larger battle 17-year-old Azizi is fighting – to pursue her dream of becoming a famous singer despite the censure of ultra-conservative Afghan...
Ferrol Sams, Doctor Turned Novelist, Dies at 90
Label: HealthFerrol Sams, a country doctor who started writing fiction in his late 50s and went on to win critical praise and a devoted readership for his humorous and perceptive novels and stories that drew on his medical practice and his rural Southern roots, died on Tuesday at his home in Fayetteville, Ga. He was 90. The cause, said his son Ferrol Sams III, also a doctor, was that he was “slap...
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