December 5, 2012 |
You remember Karl Rove: He's the Republican strategist and Fox News contributor who made television history last month when he refused to accept that President Obama had won the state of Ohio and effectively clinched the entire election, leading to a showdown between Megyn Kelly and the behind-the-scenes statisticians on the network's “Decision Desk.” If a report out Wednesday from Gabriel Sherman at New York magazine is to be believed,...
November 6, 2012 |
Buoyed by the strength of its cable television businesses and an asset sale, media conglomerate News Corp. reported fiscal first quarter profits more than three times higher than a year ago. For the period ended Sept. 30, the New York-based media company produced net income of $2.23 billion, or 94 cents a share, compared with $738 million, or 28 cents a share in the year earlier period. Revenue for the global media giant increased 2% to $8.14 billion. Operating profit declined slightly.
July 7, 2012 |
MOSCOW - At least 105 people died when torrential rains tore through southern Russia, flooding tens of thousands of homes and catching sleeping people by surprise, authorities said Saturday. "They ran out in the night with only with the clothes on their backs. My [parents] were able to save themselves and their passports," Anna Kovalevskaya, whose parents live in Krymsk, tweeted from Moscow. "The city is in panic. " Gov. Alexander Tkachev tweeted as he flew over the devastated area that "something unimaginable" had occurred in Krymsk, a city of 57,000 in the Krasnodar region about 750 miles south of Moscow.
May 22, 2012 |
WASHINGTON - Two key financial regulators told senators Tuesday that they learned of the huge trading loss at JPMorgan Chase & Co., through media reports and that the public wouldn't be protected from the fallout from future incidents until new rules are finalized to allow better monitoring of such trades. In the first of several congressional hearings to look at the loss, the heads of the Securities and Exchange Commission and the Commodity Futures Trading Commission gave some details about their investigations into the incident.
May 17, 2012 |
A New York federal judge temporarily blocked enforcement of a provision in the National Defense Authorization Act that opponents contend could subject them to indefinite military detention for political activism, news reporting or other 1st Amendment activities. U.S. District Judge Katherine Forrest in Manhattan ruled Wednesday in favor of a group of writers and activists who sued President Obama, Defense Secretary Leon E. Panetta and the Defense Department. Obama signed the bill into law Dec. 31. The complaint was filed Jan. 13 by a group including former New York Times reporter Christopher Hedges.
CALIFORNIA | LOCAL
March 11, 2012 |
Berkeley's police chief apologized Saturday for sending a sergeant to a reporter's house in the middle of the night to request changes to a story. Chief Michael Meehan sent the sergeant to Bay Area News Group reporter Doug Oakley's Berkeley home about 1 a.m. Friday to ask for changes to a story about a community meeting. The meeting had been called so that Meehan could address growing outrage over the department's response to an incident that ended with the beating death of a 67-year-old man. "It was just a big error on my part," Meehan said.
December 6, 2011 |
Federal Reserve Chairman Ben S. Bernanke said recent news articles about the central bank's emergency lending contain "egregious errors. " "The articles recycle information that has been disclosed to the Congress and the American people in various forms for some time," Bernanke said in letters to Senate Banking Committee Chairman Tim Johnson (D-S.D.) and the three other senior lawmakers who oversee the Fed. The Fed posted the letters and an accompanying four-page staff memo on its website Tuesday.
October 1, 2011 |
In the wake of the U.S. drone strike in Yemen that killed two Americans linked to Al Qaeda, U.S. intelligence officials were attempting to confirm reports that an inventive Saudi bomb maker for the terrorist organization also was among the dead. News reports said one of at least two other men killed in the CIA-led operation Friday was Ibrahim Hassan Asiri, a fugitive whose signature bomb-making style has linked him to multiple attacks that were directed by the offshoot group Al Qaeda in the Arabian Peninsula.
August 23, 2011 |
Shares of 99 Cents Only Stores Inc. surged Monday after a report that the City of Commerce discount chain would receive a new buyout offer. The company's stock rose $1.42, or 8.6%, to $18. Private equity firm Apollo Global Management has been courting 99 Cents Only and plans to make an offer for the chain, according to a news report. The bid would rival a $1.3-billion buyout proposal that 99 Cents Only received in March from the company's founding family and a Los Angeles investment firm.
July 29, 2011 |
The chief of staff for rebel forces fighting to overthrow Libyan leader Moammar Kadafi was attacked and killed Thursday, according to the rebels' leadership council. In a terse announcement that left many questions unanswered, the president of the council said Gen. Abdul Fatah Younis and two other commanders were killed as they returned from the eastern front near Port Brega to Benghazi, the de facto rebel capital. Reading haltingly from a brief communique, Mustafa Abdul Jalil, president of the Transitional National Council, said pro-Kadafi gunmen had infiltrated rebel-held areas, but he did not specifically blame them for the killings.