Instead of defending its rejected $285 million settlement with Citigroup, the SEC should take a page from the Enron playbook and consider pursuing individual officers. By Eleanor Bloxham, CEO of The Value Alliance and Corporate Governance Alliance FORTUNE — In the wake of Judge Jed Rakoff’s order rejecting the SEC […]
Source Huffington Post. In a move to “promote greater unity” among its body and the Pike County community it serves, a small Kentucky church voted to ban interracial couples from […]
Buffeted by lackluster profits and turmoil in the global markets, Wall Street is bracing for one of the worst bonus seasons in recent memory. But in the alchemy of high finance, bankers are hoping to turn the slump to their advantage. Financial firms are preparing to dole out huge amounts […]
For weeks, privacy concerns swirled around a piece of software installed on millions of phones that allegedly logs keystrokes, location data and a host of other information. Today, major phone companies are finally responding with denials of any involvement, but Sprint and AT&T they are using Carrier IQ to improve […]
Source / Courtesy: Press TV Amnesty International has urged African nations to arrest former US President George W. Bush during his visit to the continent this month. “International law requires that there be no safe haven for those responsible for torture; Ethiopia, Tanzania and Zambia must seize this opportunity to […]
By REUTERS BAGHDAD: The US military passed a milestone in its pending withdrawal from Iraq on Friday, vacating its vast main base near Baghdad airport that once housed the American […]
By GALAL FAKKAR | ARAB NEWS JEDDAH: Women account for a third of the 47,000 Saudi students on the King Abdullah foreign scholarship program in the United States, according to […]
Job gains in the U.S. picked up last month and the unemployment rate unexpectedly fell to the lowest level since March 2009, a decline augmented by the departure of Americans from the labor force. Payrolls climbed 120,000, after a revised 100,000 increase in October, with more than half the hiring […]
As our Muslim Times: A blog to Foster Universal Brotherhood continues to increase in visibility with geometric progression, other blogs are covering it. Examiner.com has an Op-Ed by Basiyr Rodney, […]
NEW YORK (CNNMoney) — Those anxiously watching the rally in U.S. oil prices over the past few weeks have received a pleasant surprise at the pump: while oil has shot upward, gasoline is moving in the opposite direction. The moves may seem counter-intuitive, since crude oil is used to produce […]
Religious leaders and more than 100 people from different religions came together today to help people better understand the Muslim community. The purpose of the conference was to spread love and harmony. More than ten speakers from different religious communities spoke at the conference. Since respect for all prophets is […]
Idris Aziz, a junior at Harris Stowe State University fell in love with Optometry when he began a biology research project in his major. He has been pursuing his passion for eye care ever since. Idris has written research papers and made presentations at conferences on the anatomy of the […]
By: Ian Desai Source: New York Times GANDHI has been all over New York lately. First he appeared at Occupy Wall Street as a patron saint of sorts, inspiring the […]
WASHINGTON — The Federal Reserve moved Wednesday with other major central banks to buttress the financial system by increasing the availability of dollars outside the United States, reflecting growing concern about the fallout of the European debt crisis. The banks announced that they would slash by roughly half the cost […]
Source: Newyorktimes: “Some participants, who declined to be identified by name, expressed dissatisfaction with the military briefing.”. Also on Tuesday, the Pakistani military also offered its first detailed account of the weekend episode, which widely differed with NATO and Afghan diplomat accounts. The army ruled out United States assertions that […]
Source/Credit: The Atlantic By Jeffery Goldberg Recently, my arch-nemesis Pamela Geller, who gives the fight against Islamist terrorism a bad name, denounced the good people who bring us Butterball turkeys for allowing their birds to be slaughtered according to Muslim custom. These halal birds, she said, are tortured in the […]
President Obama calls the occupation of the British Embassy in Teheran as a ‘totally unacceptable behavior’. I agree. But let us look at other ‘totally unacceptable behavior’ versus ‘absolutely acceptable behavior’: ‘Unacceptable’: Entering a diplomatic mission in protest. ‘Acceptable’: Embargo including cutting banking and airline relations, where first of all […]
The AMR Corporation, the parent company of American Airlines, said on Tuesday that it had filed for bankruptcy protection in an effort to reduce labor costs and shed a heavy debt burden. AMR was the last of the major legacy airline companies in the United States to file for Chapter […]
Source: Newyorktimes: It’s not clear what led to NATO strikes on two Pakistani border posts this weekend, but there can be no dispute that the loss of lives is tragic. At least 24 Pakistani troops were killed. We regret those deaths, as we do those of all American, NATO and […]
Source: Asia times on line: By Amir Mir ISLAMABAD – The United States may abandon Pakistan as a major supply route to Afghanistan unless the blockade on provisions to coalition forces is ended, after Islamabad turned down a request to allow crucial food and military hardware to transit to neighboring […]