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A massive gas explosion ripped through a Connecticut-based power plant yesterday morning as workers cleaned a piping system, killing at least five and injuring many more.
These are, to say the least, intimidating times for non-profits. With the coffers of even the wealthiest companies and individuals under such pressure, efforts to find a donor can seem […]
Alan Greenspan issued his own verdict about the American economy earlier today when he appeared on Meet The Press with former Treasury Secretary Henry Paulson. When Meet The Press host […]
That’s what five French journalists have been living on for the last five days as they were holed up in a farm house in the south of France. The journalists […]
Tim Geithner probably did more to define himself today during the Sunday political talk show This Week than he has since he was appointed Secretary of the Treasury by the […]
A couple of hours after my last post about the battle over ebooks pricing, word emerged that Amazon and Macmillan had ended their feud. The day before, another giant publisher, […]
The law and the legal system behind it have been meditated on by thinkers from Franz Kafka to Terry Gilliam and this week in Colorado we find another instance of […]
The unemployment level unexpectedly dropped to below ten percent when new employment figures were released yesterday signalling a slow but steady recovery in the labor market.
The European Union is worried that mounting Greek debt will be perceived as insecure, detracting investors and threatening the value of the Euro as a whole.
Since its beta launch in 2002, the Google News aggregator has become one of its company’s most successful innovations. In the process, and perhaps inadvertently, it started making headlines of […]
Now that Amazon has shown it can and will cut off access to its stock of books whenever it pleases, the Authors Guild has created this tool for writers. Register […]
Google’s controversial plan to create a digital library has been dealt another blow by the Justice Department, which has criticized the plans for having “significant legal problems” despite recent rewrites.
Like most internationally-televised events, the Super Bowl is a true island. A fascinating place where people leave the real world behind in order to revel in gridiron glory and food, […]
It started with an ox. New Yorker staff writer James Surowiecki tells the old story involving the British scientist, Francis Galton, who assembled a diverse group of people to guess the […]
Alberto Giacometti’s “Walking Man 1” sculpture has smashed global auction records by selling for the equivalent of $104.4m at Sotheby’s auction house in London last night.
The beleaguered chairman of the UN’s Nobel Prize-winning climate change panel, Rajendra Pachauri, has defended the panel’s credibility, calling climate skeptics’ criticism “skulduggery”.
Rupert Murdoch’s News Corporation announced quarterly profits of $254 million today. It’s a sure sign that, as the industry leader plans to make readers pay for the online content of […]
I buy books. I also have written a book. So I have a more-than-idle interest in this week’s giant-monster fight over ebooks, which pitted Amazon against the big publisher Macmillan […]
The Financial Times’ columnist Martin Wolf writes that this year’s World Economic Forum at Davos was like sitting at the bedside of someone who had survived a heart attack.
British psychologists have discovered that people who spend a considerable time online are less likely to be happy than those who don’t, claiming there’s “a dark side” to web surfing.
Two of the most reviled professions, spies and bankers, have joined forces to create an even scarier beast as Wall Street firms begin hiring CIA agents to root out lying colleagues.
The dispute over the will of one of Asia’s wealthiest women, Nina Wang, was found in favor of her family’s charitable foundation despite her feng shui expert lover claiming a stake.
There’s a reason why the subtle trivialities of office life have long been a springboard for some of our most absurd humor: much of our day-to-day duties are arbitrary, unnecessary, […]
President Barack Obama will propose a $3.8tr budget for fiscal 2011 that foresees the deficit hitting a record $1.6tr in the current fiscal year but falling by about 4% by 2013.
In the middle of a vigorous political debate last night, the topic of the economy came up. The man I was having this discussion with, a former corporate executive who […]
Over the course of 2009, the Dow Jones industrial index grew a healthy 17%. The Nasdaq grew a remarkable 41%. Over the same period the average compensation—the total cost of […]
Consumers and manufacturers helped the GDP grow nearly six percent last quarter, the highest growth rate in as many years.
This week Dan Kennedy at Media Nation castigated the late Jerome Salinger for being on the wrong side of the fair-use copyright battle over use of his work. The iPad […]
Gun lovers converged on the Sands Convention Center in Las Vegas for the Shooting, Hunting and Outdoor Trade Show to check out the highest tech offerings.
Delegates at the World Economic Forum in Davos, Switzerland are predicting that the global economic recovery could lose pace later this year as heavy debts weigh on the beleaguered.