Unless you answered yes to everything in Part I, you’ve already flunked. You are an investor in my book. Sorry. If, however, you’ve made it this far, then yes answers to the remaining questions are preferred but not mandatory. If some of your earlier yes answers were a bit shaky, …
Read More »Eight Former KPMG Execs Indicted
NEW YORK – Accounting firm KPMG LLP on Monday agreed to pay $456 million to settle a federal probe of its sales of fraudulent tax shelters, avoiding a criminal indictment that might have crippled the firm. While KPMG (search), the smallest of the major U.S. accounting houses, itself escaped an …
Read More »FDA OKs Kidney Cancer Treatment
WASHINGTON – The Food and Drug Administration has approved a new treatment for an advanced form of kidney cancer, the agency announced Tuesday. In trials, kidney cancer patients treated with Nexavar, also known as sorafenib toylate, went longer without their cancer progressing than those taking a placebo. The drug was …
Read More »Kenya Opposition Lawmaker's Killing Sparks Clashes
KISUMU, Kenya – Gunmen killed an opposition lawmaker in Nairobi on Tuesday, triggering a new flare-up of the ethnic fighting that has gripped Kenya since its disputed presidential election and dimming hopes for negotiations to end the month-long standoff. Mugabe Were, who was shot to death as he drove home, …
Read More »'Special Report' Panel on Rudy Giuliani and John Edwards Withdrawals from '08 Presidential Race
This is a rush transcript of “Special Report With Brit Hume” from January 30, 2008. This copy may not be in its final form and may be updated. (BEGIN VIDEO CLIP) RUDY GIULIANI, FORMER MAYOR OF NEW YORK CITY: When I believe in a man, like I do John McCain, …
Read More »World Bank Closes Washington Buildings After Bomb Threat
WASHINGTON – The World Bank said it would not open its buildings in Washington on Friday because of a bomb threat. “World Bank Group Corporate Security is investigating a bomb threat received by telephone. The Bank is working with law enforcement officials to determine the validity of the threat,” according …
Read More »Bush Returning to the Mideast With Tempered Hopes for Peace
WASHINGTON – When President George W. Bush began his first energized pursuit of an Israeli-Palestinian peace accord just over five months ago, confidence was his constant companion. “I’m optimistic,” he said over and over about the prospects for ending one of the world’s longest-running disputes within little more than a …
Read More »Democrats Propose Surcharge on Wealthy to Pay for Vets' Educations
WASHINGTON – House Democrats are proposing a tax surcharge on millionaires to pay for a big increase in education benefits for veterans of the war in Iraq, lawmakers said Tuesday. The plan, if accepted by rank-and-file Democrats, would clear the way for a vote Thursday on a long-stalled war funding …
Read More »Florida Woman Gets 7 Years for Forcing Haitian Girl to Work as Slave
FORT LAUDERDALE, Fla. – A former teacher was sentenced Tuesday to more than seven years in prison for forcing a Haitian girl to work as a slave for years, each day of the week, in her South Florida home. Maude Paulin, 52, admitted she had made mistakes in bringing Simone …
Read More »FDA Sunscreen Rating Proposal Hits Snag
Consumers may notice a new rating system on their sunscreen this year. Last summer, the U.S. Food and Drug Administration proposed a four-star rating system for sunscreens and suntan lotions. Although some sunscreen makers have decided to voluntarily start using the rating system this summer, it will be at least …
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