BOSTON (Reuters) - Goldman Sachs bankers failed to raise red flags about Lernout & Hauspie's accounting irregularities more than a decade ago, costing speech recognition software pioneers at Dragon Systems nearly all of their life's work and about $600 million, a lawyer told a jury on Monday in federal court. "They were relying on Goldman to take care of them and whether or not they...
Dec
09
Memo From Italy: In Italy, Mario Monti Morphs From Technocrat to Politician
Label: WorldROME — For months, he had flirted with the idea of staying out of politics, but in the end former Prime Minister Silvio Berlusconi just could not resist. His statement on Saturday that he would seek office again out of a sense of “responsibility” for Italy effectively ended the mandate of Prime Minister Mario Monti, who said he would step down after Parliament passes a budget bill this month. ...
Ghana’s Mahama wins election – electoral body’s Facebook page
Label: TechnologyACCRA (Reuters) – Ghana incumbent President John Dramani Mahama was elected to a new term with 50.7 percent of votes cast, according to results posted on the Electoral Commission‘s Facebook page on Sunday.It was not immediately possible to verify the results with an Electoral Commission official.Mahama, who became president in July after the death of ex-leader John Atta Mills, was facing top rival...
Tim McGraw and Faith Hill Kick Off Special Series of Las Vegas Shows
Label: Lifestyle By Mark Gray 12/09/2012 at 05:00 PM EST Tim McGraw and Faith Hill Denise Truscello/WireImage Tim McGraw and Faith Hill looked at each other, their hands on each others knees and shared a passionate kiss just after midnight Sunday morning. The moment was a long...
Smokers celebrate as Wash. legalizes marijuana
Label: HealthSEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...
Asian shares firm as China, U.S. data brighten outlook
Label: BusinessSINGAPORE (Reuters) - Asian shares clambered to a 16-month high on Monday as investors took heart from economic data from China and the United States that raised hopes about the outlook for growth in the world's top two economies. The euro was under pressure, having been knocked by the prospect of a recession in Germany and political uncertainty in Italy after Prime Minister Mario Monti,...
Dec
08
Somber Chávez to Have Surgery and Names Successor
Label: WorldORURO, Bolivia — President Hugo Chávez of Venezuela announced Saturday in Caracas that he would have to undergo another operation for cancer, and he designated his vice president, Nicolás Maduro, as his successor if he should prove unable to continue to lead the country. Mr. Chávez, appearing somber and contemplative, made the announcement in a televised address from the presidential palace....
Twitter to Start War on Instagram In Time for Christmas
Label: TechnologyHolidays seem to be Instagram‘s bread and butter, so it makes sense that Twitter would fire their first shot in the war on Instagram when the app is at its most vulnerable. RELATED: Why You Can’t See Instagram Photos on Twitter AnymoreIf we learned anything from Thanksgiving, it’s that people love to Instagram their holidays. Turkeys, stuffing, table settings: you Amaro’d it all. It was the service’s...
Jason Aldean's Holiday Plans: Visiting Santa with His Kids
Label: Lifestyle By Eileen Finan 12/08/2012 at 06:30 PM EST Jessica Ussery and Jason Aldean Bauer-Griffin After a year of professional highs – and personal lows – Jason Aldean is looking forward to a quiet holiday with family."I'm on the road so much during the year, so what I...
Smokers celebrate as Wash. legalizes marijuana
Label: HealthSEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...
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