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Mexico's top Cabinet secretary dies in crash

Jan24
Authorities said the undersecretary for human rights, Felipe Zamora, was among the seven others killed, including the pilot. Calderon appeared to try to quell any suggestions of sabotage, saying Blake Mora's helicopter "was always under guard" in the hangar of Mexico's equivalent of the Secret Serv

Olympus admits it hid losses for decades

Jan24
The investment in the three domestic firms was largely written off a few months after the deals closed. "I was absolutely unaware of the facts I am now explaining to you," a subdued Takayama, who had staunchly defended the deals when he took over from Kikukawa last month, told a news conf

Barry Bonds isn't going to prison. Is he being pu

Jan24
The court of public opinion, meanwhile, is where Bonds has the bigger uphill battle, say public relation specialists. “The sentence was soft but fair,” adds Mark Conrad, associate professor of law and ethics at the Schools of Business, Fordham University. “He was only convicted on one of four charg

Oscars pick 9 movies for foreign film shortlist

Jan19
(Reuters) – Award-winning Iranian film "A Separation" was among nine movies on the shortlist for the Oscars' best foreign language film nominations announced on Wednesday. "A Separation," which tells the story of a couple struggling with the decision of whether to leav

Poland's Oscar hopeful revives ghosts of Holocaust

Jan19
WARSAW (Reuters) – Polish director Agnieszka Holland will take her third shot at an Academy Award with a dark film that dwells on the ambiguous attitudes of her countrymen towards the Nazi Holocaust. Holland's "In Darkness" recounts the World War Two exploits of Leopold Socha, w

Nine foreign films make cut for Oscar shortlist

Jan19
BEVERLY HILLS, Calif. – Nine films have made the cut for consideration in the foreign-language category at the Academy Awards. Among them is Iran's "A Separation" from writer-director Asghar Farhadi, which won the Golden Globe for best foreign language film last weekend and has been racking u

Perry Romney abortion flip was for 'convenience'

Jan19
GREENVILLE, S.C. – Texas Gov. Rick Perry said Wednesday that Mitt Romney changed his position on legalized abortion out of political convenience, one of the sharpest allegations leveled yet in the South Carolina GOP presidential primary. Romney, who had supported legalized abortion while Mass

Housing bust still haunts the banks

Jan19
NEW YORK – The economy may be healing, but banks are suffering from a housing hangover. JPMorgan Chase spent $3.2 billion last year to fight lawsuits, almost all of them over poorly written mortgages. That was down from $5.7 billion in 2010, but it made clear that housing still haunts the ban

Haitian art since earthquake on display in Miami

Jan16
MIAMI – The metal figures standing like sentinels in the middle of an exhibit of contemporary Haitian art are created from a mishmash of scrap metal and found objects: nails, marbles, old shoes, bed springs, tire treads, hub caps, pieces of fans and other discards. It would be easy to dismiss

Bumpy earnings season ahead for banks

Jan16
NEW YORK – You can usually tell a lot about the health of the U.S. economy by looking at the financial results of banks. They're the people who finance new factories, plant expansions and fatter payrolls. But don't count on that over the next two weeks, when banks report their results from th
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