Dec
18

U.S. settles with Penguin Group in e-book price-fixing lawsuit

The Justice Department announced Tuesday that it has reached a settlement with Penguin Group (USA) Inc. in its lawsuit accusing...
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Dec
17

China cracking down on doomsday group

BEIJING — For members of a doomsday cult in China, the end may indeed be near.Authorities have in recent weeks arrested more...
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'The Hobbit' tops box office with record $84.6M

NEW YORK (AP) — Peter Jackson's "The Hobbit" led the box office over the weekend with $84.6 million, a record-setting opening better than the three previous "Lord of the Rings" films.The 3-D Middle Earth epic, the first of three planned films adapted from J.R.R. Tolkien's novel, was the biggest December opening ever, surpassing Will Smith's "I Am Legend," which opened with $77.2 million in 2007.The...
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N.I.H. to Start Initiatives to Raise Number of Minority Scientists

Few blacks enter biomedical research, and those who do often encounter obstacles in their career paths. A study published last year found that a black scientist was markedly less likely to obtain research money from the National Institutes of Health than a white one — even when differences of education and stature were taken into account. The institute has now announced initiatives...
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Lincoln accused of 'tricky' tire switch by automotive website

Automotive website Edmunds.com on Monday excoriated Lincoln for lending it a car that had high performance tires, which Lincoln...
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Dec
16

Connecticut school gunman shot mother multiple times, autopsy finds

NEWTOWN, Conn. -- School shooter Adam Lanza killed his mother with "multiple" shots to her head and killed himself with a single...
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Cisco hires bank to sell home wireless router unit: report

(Reuters) – Networking equipment company Cisco Systems Inc has hired Barclays to sell its Linksys home router unit, a report said on Sunday.The business, which Cisco acquired for $ 500 million in 2003, will likely be valued for less because it has low margins, according to Bloomberg.The sale is part of Cisco’s strategy to shed its consumer unit and focus on its software and technology services businesses.Last...
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'Hobbit' bests 'Rings' with $84.8 million opening

NEW YORK (AP) — Peter Jackson's "The Hobbit" led the box office with a haul of $84.8 million, a record-setting opening better than the three previous "Lord of the Rings" films.The Warner Bros. Middle Earth epic was the biggest December opening ever, surpassing Will Smith's "I Am Legend," which opened with $77.2 million in 2007, according to studio estimates Sunday. "The Hobbit: An Unexpected Journey"...
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Mislabeled Foods Find Their Way to Diners’ Tables

ATLANTA — The menu offered fried catfish. But Freddie Washington, a pastor in Tuscaloosa, Ala., who sometimes eats out five nights a week and was raised on Gulf Coast seafood, was served tilapia. Dustin Chambers for The New York TimesConsumers are misled most frequently when they buy fish, investigators say, because diners have such limited knowledge about seafood.  ...
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Don't impoverish yourself to pay kids' student loans

Dear Liz: I'm in my 50s. My kids have college loan debts that might total more than $200,000. I allowed them to take out loans because I expected to inherit $300,000 to help them pay off the debt. Now that inheritance will not happen.I have $250,000 saved for retirement. When I'm 58 1/2 years old, I would like to pull that money out and pay some...
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