Daily News Channel
It was supposed to be a pleasant surprise, but turned into the shock of a lifetime. A woman in Tel Aviv, Israel, gave her elderly mother a new mattress as a surprise gift, throwing out the old tattered bed her mother had slept on for decades. The gesture ended up bankrupting Annat’s mother, who had stuffed her savings of nearly $1 million inside her old bed for decades, Annat told Israel Army Radio
“This is flat-out corruption,” wrote one infuriated netizen on China’s popular website Tianya.com.
If you like to search for "music lyrics" or "free" things, you are engaging in risky cyber behavior. And "free music downloads" puts 20 percent of Web surfers in harm’s way of malicious software, known as "malware." A new research report by U.S.-based antivirus software company McAfee has identified the most dangerous Internet search words that places users on pages with a higher likelihood of malware. The study examined 2,600 popular keywords on five major search engines — Google, Yahoo, Live, AOL and Ask — and analyzed 413,000 Web pages.
A former Army captain who was dismissed under a federal law dealing with gays and lesbians in the military lost his appeal Monday at the U.S. Supreme Court. James Pietrangelo and 11 other veterans had sued the government over the “don’t ask/ don’t tell” law passed in 1993
Should Roger Federer win the French Open title on Sunday his prize will be worth less in U.S. dollars than that of Rafael Nadal’s in 2008. Although organizers increased the winner’s prize at Roland Garros by €60,000 this year, recession-driven fluctuations in the Euro – U.S
Americans are spending less; no surprise there.
A potential victim became a compassionate counselor during a recent robbery attempt, changing the would-be criminal’s mind — and apparently his religion. Storekeeper Mohammad Sohail was closing up his Long Island convenience store just after midnight on May 21 when — as shown on the store’s surveillance video — a man came in wielding a baseball bat and demanding money. “He said, ‘Hurry up and give me the money, give me the money!’ and I said, ‘Hold on’,” Sohail recalled in a phone interview with CNN on Tuesday, after the store video and his story was carried on local TV
Two good Samaritans returned more than $275,000 that tumbled out of an improperly secured armored truck in Syracuse, New York, last week. But some not-so-good Samaritans seem to have walked away with another $60,000 that fell onto the street.
General Motors, the nation’s largest automaker and for decades an icon of American manufacturing, stood on the brink of a bankruptcy filing and a de facto government takeover on Monday. A bankruptcy petition will be filed at 8 a.m., according to a source with direct knowledge of the bankruptcy proceedings. President Barack Obama will address the nation shortly before noon on Monday to explain the rationale for the filing, and his hopes that this is the best route for a turnaround, two officials close to the situation told CNN.
Bernie Madoff bankruptcy trustee, Irving H. Picard, may be the hardest working man in the collections business — and maybe one day the richest. Picard, the New York-based lawyer who could have easily doubled for actor Frederic March in film Inherit the Wind, is at the turbulent center of the post-Madoff world, a world that includes multi-billion dollar feeder fund lawsuits, multi-million dollar deals with international banks, and, less grand, the issuing of multi-hundred thousand dollar checks to the nearly 7,000 direct account holders caught up in Madoff’s massive Ponzi scheme.