Daily News Channel
What’s it feel like to survive one hurricane only to be told that another is on the way? New York City–area homeowners are in just that spot. After the region suffered the brunt of financial-industry cutbacks, the next big wave of woe could be a nor’easter of collapsing home prices.
President Obama said Monday that limits on medical malpractice lawsuits could be a necessary part of overhauling the nation’s ailing health care system. In a speech to the 158th annual meeting of the American Medical Association, Obama cited the need for doctors to cut health care costs by reducing the number of unnecessary tests and procedures that are performed to reduce the risk of malpractice claims.
AIG and Maurice “Hank” Greenberg, in their latest legal fight, seem both to be hoping that they can convince a judge and a jury that the ends justify the means, and perhaps also that they are the nicer of the two parties. The insurance company and its former CEO head to court on Monday in a tussle over who should be allowed to keep hundreds of millions of shares of AIG that Greenberg and a company he controls, Starr International, took when he left his former employer
People will do crazy things for the devil’s brew. Take the guy who, in 2005, spent more than $70,000 on a single bottle of Dalmore 62 Single Highland Malt Scotch Whisky — one of 12 bottles in the world — and then proceeded to consume it, in one sitting, with a few friends and an English bartender. It was this very story that inspired food blogger Kate Hopkins to trek across the globe, from a 200-year-old distillery in Scotland to Maker’s Mark House and Lounge in Kentucky, for her first book, 99 Drams of Whiskey.
Eleven-year-old Hiroki Ando will likely die if he does not get a new heart. Hiroki suffers from cardiomyopathy, which inflames and impairs the heart. The same disease killed his sister five years ago
Venezuela has promised to give Nicaragua $50 million to replace money that the United States said this week it would withhold from the Central American country, Nicaraguan President Daniel Ortega Saavedra said Saturday. Venezuelan President Hugo Chavez promised the aid after Ortega learned that the United States was canceling $62 million of aid that was to have come from the Millennium Challenge Corporation, a U.S.-government-funded anti-poverty fund set up by former President George W
Perhaps your history teachers failed to alert you to these Civil War facts: Jefferson Davis nearly got mugged by an angry female mob; Abraham Lincoln loved the Confederate anthem "Dixie," and Paul Revere was a Civil War casualty.
Every few months, it seems, a new food-contamination scandal grips the nation, playing out in the same troubling way. Someone dies of a food-borne infection with a scary Latin name. The government recalls a dinner-table staple and traces its contamination to dirty irrigation water or a processing plant
Hey Morgan Stanley, dost thou protest too much? The financial firm was the first to announce this week that it was among the ten banks approved to repay $68 billion in rescue money the companies had received from the Treasury Department last October. Since then, executives of Morgan have said that they thought the Stress Test was “appropriate” and that the financial crisis has bottomed.
“Buy Local”—you see the decal in the store window, the sign at the farmer’s market, the bright, cheerful logos for Local First Arizona, Think Boise First, Our Milwaukee, and homegrown versions across the states.