Aaron's Daily WWW Newspaper

This newspaper is generated daily by my (un)intelligent agent. For more information on the newspaper's generation or if you have questions/comments, please consult the Newspaper Frequently Asked Questions list.
-Thanks, Aaron, proprietor of the Last Homely House

This edition was generated on Fri Jun 15 08:45:01 EDT 2012

Table of Contents

General News Update
Sports News Update
Business News Update
Miscellaneous Daily Information
Boston Area Weather


General News Update

Yahoo! Reuters Headlines-General News:

  • Jerry Sandusky
    Dramatic testimony in Sandusky abuse trial @ Yahoo! Sports - 12 hrs ago

    In four days the state has hit 12 jurors and four alternates with an avalanche of stories, evidence and descriptions they probably could never have imagined. More »Dramatic testimony in Sandusky abuse trial

    Jerry Sandusky

    In four days the state has hit 12 jurors and four alternates with an avalanche of stories, evidence and descriptions they probably could never have imagined.

  • Mysterious 'Forest Boy' Identified by German Police
    Mysterious 'forest boy' identified by German police @ Good Morning America - 3 hrs ago

    The mysterious young man who emerged in Berlin nearly a year ago claiming he had been living inside the German forest with his father for five years has now been identified, according to police. More »Mysterious 'forest boy' identified by German police

    Mysterious 'Forest Boy' Identified by German Police

    The mysterious young man who emerged in Berlin nearly a year ago claiming he had been living inside the German forest with his father for five years has now been identified, according to police.

  • The Obamas' Star-Studded New York Night
    Obama's star-studded New York fundraiser ABC OTUS News - 10 hrs ago

    President Obama got a boost from some of his allies in the film and fashion industries with a multimillion dollar campaign fundraiser at the home of actress Sarah Jessica Parker and her husband, actor Matthew Broderick. More »Obama's star-studded New York fundraiser

    The Obamas' Star-Studded New York Night

    President Obama got a boost from some of his allies in the film and fashion industries with a multimillion dollar campaign fundraiser at the home of actress Sarah Jessica Parker and her husband, actor Matthew Broderick.

  • A protester shouts slogans during a demonstration against presidential candidate Shafik in Cairo
    Egypt transition in turmoil on eve of vote Reuters - 4 hrs ago

    Activists called for a protest on Friday and Islamists warned that the gains of the revolt that toppled Hosni Mubarak could be wiped out after Egypt's high court dissolved parliament ahead of this weekend's presidential vote. … More »Egypt transition in turmoil on eve of vote

    A protester shouts slogans during a demonstration against presidential candidate Shafik in Cairo

    Activists called for a protest on Friday and Islamists warned that the gains of the revolt that toppled Hosni Mubarak could be wiped out after Egypt's high court dissolved parliament ahead of this weekend's presidential vote.

  • Decision in Costner vs. Baldwin oil cleanup case @ Good Morning America - 11 hrs ago
    Kevin Costner Holds Off Stephen Baldwin in New Orleans Courtroom Clash

    A federal jury rejected a claim by the actor Stephen Baldwin and his friend, Spyridon Contogouris, that Kevin Costner and a business partner duped them by keeping them uninformed on a multimillion-dollar deal.

  • This undated photo provided by wife Deb Weekley via Clackamas County Sheriff's Office shows Mark Cartier. Cartier, who died early Thursday, June 14, 2012 after falling about 1,000 feet on the south side of Mount Hood, was an experienced mountaineer from Portland, a Clackamas County sheriff's officer said. (AP Photo/Deb Weekley via Clackamas County Sheriff's Office)

    A man climbing alone who died early Thursday after falling about 1,000 feet on the south side of Mount Hood was an experienced mountaineer from Portland, a Clackamas County sheriff's officer said.

  • In this frame grab taken from video filmed by a surveillance camera on Jan 20, 2012, and released by the Jalisco state prosecutors' office on June 14, 2012, three men walk away from a hotel in their underwear with their hands tied behind their backs and some blindfolded, as they are led by men dressed in police uniforms toward police vehicles in Lagos de Moreno, Mexico. The men later were found asphyxiated and beaten to death. Jalisco prosecutors' spokesman Lino Gonzalez said Thursday June 14, 2012 that the five officers, their commander and the local police chief in Lagos de Moreno have been detained pending charges. (AP Photo/Jalisco state prosecutors' office)

    There it was on video: Five heavily armed policemen barge into a hotel in western Mexico before dawn and march out with three handcuffed men in underwear.

  • FILE - In this June 13, 2012 file photo, Defense Secretary Leon Panetta testifies on Capitol Hill in Washington. Last summer, gays in the military dared not admit their sexual orientation. This summer, the Pentagon will salute them, marking gay pride month just as it marks other celebrations honoring racial or ethnic groups.  Officials said Thursday that they're planning the first-ever event to recognize gay and lesbian troops.  (AP Photo/Jacquelyn Martin, File)

    Last summer, gays in the military dared not acknowledge their orientation. This summer, the Pentagon will salute them, marking June as gay pride month just as it has marked other celebrations for racial or ethnic groups.

  • In this undated photo provided by the Buffalo, N.Y. Police Department, Dr. Timothy Jorden is shown. Jorden is sought as a “person of Interest” in a fatal shooting of a woman at a Buffalo, N.Y. hospital. (AP Photo/Buffalo N.Y. Police Department)

    Police across the country were on the lookout for 49-year-old trauma surgeon Timothy Jorden in connection with the shooting death of his ex-girlfriend in a building at the Buffalo hospital complex where they both worked.

More

Sports News

Yahoo! Reuters Headlines-Sports:

  • "There's a lot more threats from Sweden than Ibrahimovic," Gerrard admitted
    Gerrard wary of Ibrahimovic threat AFP - 2 hrs 54 mins ago

    England captain Steven Gerrard has urged his team to beware the threat posed by Sweden counterpart Zlatan Ibrahimovic as the two sides prepare for Friday's crucial Group D clash. More »Gerrard wary of Ibrahimovic threat

    "There's a lot more threats from Sweden than Ibrahimovic," Gerrard admitted

    England captain Steven Gerrard has urged his team to beware the threat posed by Sweden counterpart Zlatan Ibrahimovic as the two sides prepare for Friday's crucial Group D clash.

  • England are determined to end their decades-long jinx against Sweden on Friday
    England ready to end Sweden jinx at Euro 2012 AFP - 3 hrs ago

    England are determined to end their decades-long jinx against Sweden on Friday in a Group D encounter which has assumed must-win status for both sides. More »England ready to end Sweden jinx at Euro 2012

    England are determined to end their decades-long jinx against Sweden on Friday

    England are determined to end their decades-long jinx against Sweden on Friday in a Group D encounter which has assumed must-win status for both sides.

  • Plainclothed police detain a Polish fan during the Euro 2012 soccer championship group a match between Poland and Russia in downtown Warsaw, Poland , Tuesday, June 12, 2012. (AP Photo/Czarek Sokolowski)
    Polish leaders want stiff penalties for hooligans AP - 3 hrs ago

    Polish leaders hope the justice system will deal more harshly with soccer hooligans during the European Championship. More »Polish leaders want stiff penalties for hooligans

    Plainclothed police detain a Polish fan during the Euro 2012 soccer championship group a match between Poland and Russia in downtown Warsaw, Poland , Tuesday, June 12, 2012. (AP Photo/Czarek Sokolowski)

    Polish leaders hope the justice system will deal more harshly with soccer hooligans during the European Championship.

  • Pinki Pramanik won a 4x400m relay gold medal at the 2006 Asian Games
    Indian female athlete in gender row after rape arrest AFP - 3 hrs ago

    A female Indian athlete who has been charged with raping her live-in partner has defended herself against claims that she is actually a man. More »Indian female athlete in gender row after rape arrest

    Pinki Pramanik won a 4x400m relay gold medal at the 2006 Asian Games

    A female Indian athlete who has been charged with raping her live-in partner has defended herself against claims that she is actually a man.

  • Spain's Torres celebrates after scoring a goal against Ireland during their Group C Euro 2012 soccer match at PGE Arena in Gdansk
    Torres back in the news for the right reason Reuters - 3 hrs ago

    GNIEWINO, Poland (Reuters) - A wildly celebrating Fernando Torres dominated the front pages of Spain's daily newspapers on Friday in a manner not seen since he became a national hero by scoring the winning … More »Torres back in the news for the right reason

    Spain's Torres celebrates after scoring a goal against Ireland during their Group C Euro 2012 soccer match at PGE Arena in Gdansk

    GNIEWINO, Poland (Reuters) - A wildly celebrating Fernando Torres dominated the front pages of Spain's daily newspapers on Friday in a manner not seen since he became a national hero by scoring the winning goal against Germany in the final of Euro 2008. The striker's double in Thursday's 4-0 Group C drubbing of Ireland, …

  • Miami Heat small forward LeBron James  is guarded by Oklahoma City Thunder shooting guard Thabo Sefolosha (2) of Switzerland during the first half at Game 2 of the NBA finals basketball series, Thursday, June 14, 2012, in Oklahoma City. (AP Photo/Jeff Roberson)
    Heat survive Thunder rally for 100-96 win AP - 4 hrs ago

    LeBron James had received plenty of help from Dwyane Wade and Chris Bosh, and now he had to finish it on his own. More »Heat survive Thunder rally for 100-96 win

    Miami Heat small forward LeBron James  is guarded by Oklahoma City Thunder shooting guard Thabo Sefolosha (2) of Switzerland during the first half at Game 2 of the NBA finals basketball series, Thursday, June 14, 2012, in Oklahoma City. (AP Photo/Jeff Roberson)

    LeBron James had received plenty of help from Dwyane Wade and Chris Bosh, and now he had to finish it on his own.

  • Miami Heat small forward LeBron James  is defended by Oklahoma City Thunder small forward Kevin Durant (35) during the second half at Game 2 of the NBA finals basketball series, Thursday, June 14, 2012, in Oklahoma City. The Heat won 100-96. (AP Photo/Larry W. Smith, Pool)
    NBA Finals: LeBron at his best? Can KD be stopped? AP - 4 hrs ago

    The Miami Heat evened the NBA Finals at one game apiece with a 100-96 victory over the Oklahoma City on Thursday night. LeBron James had another finals career high, Miami jumped out to an 18-2 lead and … More »NBA Finals: LeBron at his best? Can KD be stopped?

    Miami Heat small forward LeBron James  is defended by Oklahoma City Thunder small forward Kevin Durant (35) during the second half at Game 2 of the NBA finals basketball series, Thursday, June 14, 2012, in Oklahoma City. The Heat won 100-96. (AP Photo/Larry W. Smith, Pool)

    The Miami Heat evened the NBA Finals at one game apiece with a 100-96 victory over the Oklahoma City on Thursday night. LeBron James had another finals career high, Miami jumped out to an 18-2 lead and had to stave off a furious Thunder rally to gain the split on the road.

  • Tiger Woods looks over a shot on the fifth hole during the first round of the U.S. Open Championship golf tournament Thursday, June 14, 2012, at The Olympic Club in San Francisco. (AP Photo/Charlie Riedel)
    Column: The new Tiger Woods is pretty good, too AP - 4 hrs ago

    The low hooking iron that curled up near the flagstick on the fourth hole was reminiscent of something, sure. So, too, was the pair of iron shots that collectively traveled 498 yards on the next hole, … More »Column: The new Tiger Woods is pretty good, too

    Tiger Woods looks over a shot on the fifth hole during the first round of the U.S. Open Championship golf tournament Thursday, June 14, 2012, at The Olympic Club in San Francisco. (AP Photo/Charlie Riedel)

    The low hooking iron that curled up near the flagstick on the fourth hole was reminiscent of something, sure. So, too, was the pair of iron shots that collectively traveled 498 yards on the next hole, setting up a 35-foot putt that slam dunked into the cup for rare back-to-back birdies on the toughest stretch of a very …

  • Tiger Woods walks off the 17th green during the first round of the U.S. Open Championship golf tournament Thursday, June 14, 2012, at The Olympic Club in San Francisco. (AP Photo/Charlie Riedel)
    Tiger starts strong at US Open, but can he finish? AP - 5 hrs ago

    Tiger Woods is back to twirling his clubs at a major instead of kicking them. More »Tiger starts strong at US Open, but can he finish?

    Tiger Woods walks off the 17th green during the first round of the U.S. Open Championship golf tournament Thursday, June 14, 2012, at The Olympic Club in San Francisco. (AP Photo/Charlie Riedel)

    Tiger Woods is back to twirling his clubs at a major instead of kicking them.

  • Handout picture shows South African sailors Roger Hudson and Asenathi Jim training off Cape Town
    Two men in a boat bridge South Africa race gap Reuters - 5 hrs ago

    JOHANNESBURG (Reuters) - One is white and the offspring of a South African yachting great. The other is black and hails from a shantytown set up by the defunct apartheid regime as a ghetto. Together, Roger … More »Two men in a boat bridge South Africa race gap

    Handout picture shows South African sailors Roger Hudson and Asenathi Jim training off Cape Town

    JOHANNESBURG (Reuters) - One is white and the offspring of a South African yachting great. The other is black and hails from a shantytown set up by the defunct apartheid regime as a ghetto. Together, Roger Hudson and Asenathi Jim are the South African entry for the two-man 470 sailing event at the London Olympics. They …

  • Tsonga of France returns the ball to Dodig of Croatia during their men's singles tennis match at the Queen's Club tournament in London
    Tsonga's Wimbledon hopes in balance following Queen's exit Reuters - 5 hrs ago

    LONDON (Reuters) - Jo-Wilfried Tsonga's Wimbledon hopes suffered a double blow on Thursday after he injured his finger badly during a shock 7-6 3-6 7-6 third round defeat by Queen's Club debutant Ivan … More »Tsonga's Wimbledon hopes in balance following Queen's exit

    Tsonga of France returns the ball to Dodig of Croatia during their men's singles tennis match at the Queen's Club tournament in London

    LONDON (Reuters) - Jo-Wilfried Tsonga's Wimbledon hopes suffered a double blow on Thursday after he injured his finger badly during a shock 7-6 3-6 7-6 third round defeat by Queen's Club debutant Ivan Dodig. Tsonga joined Andy Murray on the Queen's Club scrapheap, meaning the top two seeds and last year's finalists have …

  • Former Penn State University assistant football coach Jerry Sandusky arrives for the fourth day of his trial at the Centre County Courthouse in Bellefonte, Pa., Thursday, June 14, 2012.  Sandusky faces 52 counts of child sex-abuse  involving 10 boys over a 15-year span.  (AP Photo/Centre Daily Times, Nabil K. Mark)
    Sandusky prosecution brings 8th accuser to stand AP - 5 hrs ago

    Jurors in Jerry Sandusky's case were told Thursday the trial would not resume until next week after prosecutors finished calling to the stand eight young men who claimed the former Penn State assistant … More »Sandusky prosecution brings 8th accuser to stand

    Former Penn State University assistant football coach Jerry Sandusky arrives for the fourth day of his trial at the Centre County Courthouse in Bellefonte, Pa., Thursday, June 14, 2012.  Sandusky faces 52 counts of child sex-abuse  involving 10 boys over a 15-year span.  (AP Photo/Centre Daily Times, Nabil K. Mark)

    Jurors in Jerry Sandusky's case were told Thursday the trial would not resume until next week after prosecutors finished calling to the stand eight young men who claimed the former Penn State assistant coach sexually abused them when they were children.

  • The Miami Heat beat Oklahoma City 100-96 on Thursday to level the NBA finals at one game apiece
    Heat hold off Thunder to level NBA finals AFP - 6 hrs ago

    LeBron James scored 32 points and Chris Bosh had 16 points on his return to the starting line-up as the Miami Heat beat Oklahoma City 100-96 to level the NBA finals at one game apiece. More »Heat hold off Thunder to level NBA finals

    The Miami Heat beat Oklahoma City 100-96 on Thursday to level the NBA finals at one game apiece

    LeBron James scored 32 points and Chris Bosh had 16 points on his return to the starting line-up as the Miami Heat beat Oklahoma City 100-96 to level the NBA finals at one game apiece.

  • Tiger Woods of the U.S. hits from a trap to the seventh green during the first round of the 2012 U.S. Open golf tournament on the Lake Course at the Olympic Club in San Francisco
    Tiger back in the hunt, Thompson leads Open Reuters - 6 hrs ago

    SAN FRANCISCO (Reuters) - The electricity was back as Tiger Woods moved into once familiar territory on Thursday, clawing his way into contention with a one-under-par 69 in tough scoring conditions to … More »Tiger back in the hunt, Thompson leads Open

    Tiger Woods of the U.S. hits from a trap to the seventh green during the first round of the 2012 U.S. Open golf tournament on the Lake Course at the Olympic Club in San Francisco

    SAN FRANCISCO (Reuters) - The electricity was back as Tiger Woods moved into once familiar territory on Thursday, clawing his way into contention with a one-under-par 69 in tough scoring conditions to lie three shots off the U.S. Open lead. As the year's second major lived up to its reputation as the toughest championship …

  • Miami Heat's Wade goes to the basket against the Oklahoma City Thunder during Game 2 of the NBA basketball finals in Oklahoma City
    Heat survive Thunder rally to even series Reuters - 6 hrs ago

    OKLAHOMA CITY (Reuters) - LeBron James and Dwyane Wade signaled they were not yet ready to pass the torch to the next generation by leading the Miami Heat to a 100-96 victory over the Oklahoma City Thunder … More »Heat survive Thunder rally to even series

    Miami Heat's Wade goes to the basket against the Oklahoma City Thunder during Game 2 of the NBA basketball finals in Oklahoma City

    OKLAHOMA CITY (Reuters) - LeBron James and Dwyane Wade signaled they were not yet ready to pass the torch to the next generation by leading the Miami Heat to a 100-96 victory over the Oklahoma City Thunder in Game Two of the NBA Finals on Thursday. James scored 32 points and Wade added 24 as the veteran-laden Heat rebounded …

  • Croatia's Mario Mandzukic scores a goal against Italy during their Group C Euro 2012 soccer match in Poznan
    Mandzukic strikes again to foil Italy Reuters - 7 hrs ago

    POZNAN (Reuters) - Croatia striker Mario Mandzukic struck his third goal of Euro 2012 to earn a 1-1 draw against Italy who let their opponents off the hook after taking the lead in the Group C match on … More »Mandzukic strikes again to foil Italy

    Croatia's Mario Mandzukic scores a goal against Italy during their Group C Euro 2012 soccer match in Poznan

    POZNAN (Reuters) - Croatia striker Mario Mandzukic struck his third goal of Euro 2012 to earn a 1-1 draw against Italy who let their opponents off the hook after taking the lead in the Group C match on Thursday. Playmaker Andrea Pirlo put Italy ahead with a majestic free kick six minutes before the break, rewarding their …

  • Philadelphia Phillies Jimmy Rollins is congratulated by teammate Jim Thome in their win against the Twins
    Thome blast power Phillies past Twins Reuters - 7 hrs ago

    (Reuters) - Joe Blanton pitched a complete game and Jim Thome cracked a three-run homer to power the struggling Philadelphia Phillies to a 6-1 win over the Minnesota Twins on Thursday to wrap up their … More »Thome blast power Phillies past Twins

    Philadelphia Phillies Jimmy Rollins is congratulated by teammate Jim Thome in their win against the Twins

    (Reuters) - Joe Blanton pitched a complete game and Jim Thome cracked a three-run homer to power the struggling Philadelphia Phillies to a 6-1 win over the Minnesota Twins on Thursday to wrap up their inter-league series at Target Field. Ty Wigginton also homered for the Phillies, who leave Minnesota taking two-of-three …

  • England squad warm up during a training session ahead of their Euro 2012 soccer match against Sweden at the Olympic stadium in Kiev
    Heart and commitment enough for glory, says Hodgson Reuters - 7 hrs ago

    KIEV (Reuters) - England may not play fancy football but they can still go all the way at Euro 2012 with heart and commitment, manager Roy Hodgson said on Thursday as his team gear up for their Group D … More »Heart and commitment enough for glory, says Hodgson

    England squad warm up during a training session ahead of their Euro 2012 soccer match against Sweden at the Olympic stadium in Kiev

    KIEV (Reuters) - England may not play fancy football but they can still go all the way at Euro 2012 with heart and commitment, manager Roy Hodgson said on Thursday as his team gear up for their Group D game against Sweden. Greece showed organisation and discipline alone could win a tournament and the Netherlands' disappointing …

  • Miami Heat's James shoots over Oklahoma City Thunder's Sefolosha and Ibaka in the fourth quarter during Game 2 of the NBA basketball finals in Oklahoma City
    Heat hang on to beat the Thunder and tie series Reuters - 7 hrs ago

    OKLAHOMA CITY (Reuters) - LeBron James and Dwyane Wade proved they were not yet ready to pass the torch to the next generation by leading the Miami Heat to a 100-96 victory over the Oklahoma City Thunder … More »Heat hang on to beat the Thunder and tie series

    Miami Heat's James shoots over Oklahoma City Thunder's Sefolosha and Ibaka in the fourth quarter during Game 2 of the NBA basketball finals in Oklahoma City

    OKLAHOMA CITY (Reuters) - LeBron James and Dwyane Wade proved they were not yet ready to pass the torch to the next generation by leading the Miami Heat to a 100-96 victory over the Oklahoma City Thunder in Game Two of the NBA Finals on Thursday. James scored 32 points and Wade added 24 as the veteran-laden Heat rebounded …

  • Michael Thompson waves after making a birdie on the 18th hole during the first round of the U.S. Open Championship golf tournament Thursday, June 14, 2012, at The Olympic Club in San Francisco. (AP Photo/Eric Risberg)
    The lead for Thompson, the buzz for Tiger AP - 7 hrs ago

    The U.S. Open featured two marquee groups, but only one marquee player. More »The lead for Thompson, the buzz for Tiger

    Michael Thompson waves after making a birdie on the 18th hole during the first round of the U.S. Open Championship golf tournament Thursday, June 14, 2012, at The Olympic Club in San Francisco. (AP Photo/Eric Risberg)

    The U.S. Open featured two marquee groups, but only one marquee player.

  • Kentucky Derby is the first of the US flat racing Triple Crown events in any racing season
    Kentucky Derby alters entry process AFP - 7 hrs ago

    A new points system will be used starting in 2013 to determine the 20 starters in the Kentucky Derby, replacing graded stakes race earnings as the way to decide which horses make the field. More »Kentucky Derby alters entry process

    Kentucky Derby is the first of the US flat racing Triple Crown events in any racing season

    A new points system will be used starting in 2013 to determine the 20 starters in the Kentucky Derby, replacing graded stakes race earnings as the way to decide which horses make the field.

  • World number one Luke Donald couldn't find a single birdie on the opening day of the US Open
    US Open agony for Luke Donald AFP - 9 hrs ago

    World number one Luke Donald's dismal day on The Olympic Course was the lowlight from what was billed as a super-group on the opening day of the US Open. More »US Open agony for Luke Donald

    World number one Luke Donald couldn't find a single birdie on the opening day of the US Open

    World number one Luke Donald's dismal day on The Olympic Course was the lowlight from what was billed as a super-group on the opening day of the US Open.

  • Michael Thompson made the most of it, firing seven birdies with just three bogeys for a four-under total of 66
    Tiger Woods starts strong at US Open AFP - 9 hrs ago

    Tiger Woods made his best start to a US Open in a decade, firing a one-under 69 on San Francisco's brutal Olympic Club course to send out a stark warning to the rest of the field. More »Tiger Woods starts strong at US Open

    Michael Thompson made the most of it, firing seven birdies with just three bogeys for a four-under total of 66

    Tiger Woods made his best start to a US Open in a decade, firing a one-under 69 on San Francisco's brutal Olympic Club course to send out a stark warning to the rest of the field.

  • "Every Egyptian dreams that we will qualify for the World Cup in Brazil," says team's coach Bob Bradley
    Impressive Egypt adjust sights to Cup of Nations AFP - 9 hrs ago

    Egypt switch attention from the World Cup to the Africa Cup of Nations Friday when they host the Central African Republic behind closed doors in the Mediterranean city of Alexandria. More »Impressive Egypt adjust sights to Cup of Nations

    "Every Egyptian dreams that we will qualify for the World Cup in Brazil," says team's coach Bob Bradley

    Egypt switch attention from the World Cup to the Africa Cup of Nations Friday when they host the Central African Republic behind closed doors in the Mediterranean city of Alexandria.

  • Stanford has spent the past three years in jail after being deemed a flight risk
    Stanford sentenced to 110 years for $7 bn Ponzi scheme AFP - 10 hrs ago

    Financier and cricket mogul Allen Stanford was sentenced to 110 years in jail for a $7 billion Ponzi scheme, closing the book on the flamboyant ex-tycoon's stunning fall from grace. More »Stanford sentenced to 110 years for $7 bn Ponzi scheme

    Stanford has spent the past three years in jail after being deemed a flight risk

    Financier and cricket mogul Allen Stanford was sentenced to 110 years in jail for a $7 billion Ponzi scheme, closing the book on the flamboyant ex-tycoon's stunning fall from grace.

Business News

Yahoo! Reuters Headlines-Business:

  • R. Allen Stanford enters the Bob Casey Federal Courthouse in Houston, where he was sentenced to 110 years in prison for bilking investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history, Thursday, June 14, 2012. (AP Photo/Houston Chronicle, Johnny Hanson)
    Stanford gets 110 years for role in $7B swindle AP - 14 hrs ago

    Former jet-setting Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was sentenced Thursday to 110 years in prison for bilking investors … More »Stanford gets 110 years for role in $7B swindle

    R. Allen Stanford enters the Bob Casey Federal Courthouse in Houston, where he was sentenced to 110 years in prison for bilking investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history, Thursday, June 14, 2012. (AP Photo/Houston Chronicle, Johnny Hanson)

    Former jet-setting Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas, was sentenced Thursday to 110 years in prison for bilking investors out of more than $7 billion over 20 years in one of the largest Ponzi schemes in U.S. history.

  • Cost of Rearing a Child Rises to $234,000 ABC News - 16 hrs ago

    Having kids is expensive, as if parents needed to be told that. But the US government issued a report today quantifying just how expensive: For a child born now, it will … More »Cost of Rearing a Child Rises to $234,000

    Having kids is expensive, as if parents needed to be told that. But the US government issued a report today quantifying just how expensive: For a child born now, it will cost an average of $234,900 to raise them, and that’s just to age 18. The...

  • Mervyn King, the Governor of the Bank of England speaks as Britain's Chancellor of the Exchequer George Osborne and Lord Mayor Alderman David Wootton look on during the Mansion House Banquet in the City of London
    Britain fights euro zone threat with £100 billion credit boost Reuters - 16 mins ago

    LONDON (Reuters) - The government and Bank of England will flood Britain's banking system with more than 100 billion pounds, seeking to pump credit through an economy … More »Britain fights euro zone threat with £100 billion credit boost

    Mervyn King, the Governor of the Bank of England speaks as Britain's Chancellor of the Exchequer George Osborne and Lord Mayor Alderman David Wootton look on during the Mansion House Banquet in the City of London

    LONDON (Reuters) - The government and Bank of England will flood Britain's banking system with more than 100 billion pounds, seeking to pump credit through an economy struggling to escape recession under the "black cloud" of the euro zone crisis. In his annual Mansion House policy speech to London financiers on Thursday, …

  • Kapanen leaves the Nokia mobile phone plant, after Nokia's CEO Elop's statement that was relayed by video link to employees in Nokia locations around Finland, in Salo
    Nokia cuts 10,000 more jobs as losses deepen Reuters - 22 hrs ago

    PARIS (Reuters) - Nokia plans to cut 10,000 more jobs, bringing the total to one in three staff, as it loses market share to cellphone rivals Apple and Samsung and burns … More »Nokia cuts 10,000 more jobs as losses deepen

    Kapanen leaves the Nokia mobile phone plant, after Nokia's CEO Elop's statement that was relayed by video link to employees in Nokia locations around Finland, in Salo

    PARIS (Reuters) - Nokia plans to cut 10,000 more jobs, bringing the total to one in three staff, as it loses market share to cellphone rivals Apple and Samsung and burns through cash, raising new fears over its future. In a second profit warning in nine weeks, Nokia said on Thursday that its phone business would post a …

  • A freight ship leaves Southampton docks in southern England
    Britain's recession woes deepen as exports slump Reuters - 1 hr 30 mins ago

    LONDON (Reuters) - Britain's goods trade deficit unexpectedly widened in April as exports plunged, raising the threat of a third quarter of economic contraction and adding … More »Britain's recession woes deepen as exports slump

    A freight ship leaves Southampton docks in southern England

    LONDON (Reuters) - Britain's goods trade deficit unexpectedly widened in April as exports plunged, raising the threat of a third quarter of economic contraction and adding urgency to new measures to foster growth as trading partners in the euro zone weaken. The country slid back into recession around the turn of this year, …

  • FILE- This Oct. 9, 2002 file photo shows the hood ornament of a 1967 Pontiac GTO in Sturtevant, Wis. Back when gas was cheap, Americans bought cars with V-8 engines like the Big Block, Cobra Jet and Ramcharger, but now, thanks to government regulation and gas-price gyrations, the motors that move the nation’s cars and trucks are shrinking.  (AP Photo/Journal Times, Mark Hertzberg, file)
    American drivers turn to smaller, better engines AP - 11 hrs ago

    Back when gas was cheap, Americans bought cars with V-8 engines like the Big Block, Cobra Jet and Ramcharger. Acceleration was all that mattered, even in family cars … More »American drivers turn to smaller, better engines

    FILE- This Oct. 9, 2002 file photo shows the hood ornament of a 1967 Pontiac GTO in Sturtevant, Wis. Back when gas was cheap, Americans bought cars with V-8 engines like the Big Block, Cobra Jet and Ramcharger, but now, thanks to government regulation and gas-price gyrations, the motors that move the nation’s cars and trucks are shrinking.  (AP Photo/Journal Times, Mark Hertzberg, file)

    Back when gas was cheap, Americans bought cars with V-8 engines like the Big Block, Cobra Jet and Ramcharger. Acceleration was all that mattered, even in family cars that never made it to full throttle.

  • Carrefour pulling out of Greek supermarket venture AP - 1 hr 37 mins ago

    French retail giant Carrefour SA is selling its stake in a leading supermarket chain in Greece because of economic uncertainty in the country, which faces elections … More »Carrefour pulling out of Greek supermarket venture

    French retail giant Carrefour SA is selling its stake in a leading supermarket chain in Greece because of economic uncertainty in the country, which faces elections this weekend that may determine whether it falls out of the euro currency union.

  • German Chancellor Angela Merkel delivers her speech prior to the upcoming G20 summit at the Bundestag in Berlin, Germany, Thursday, June 14, 2012. Merkel acknowledged Thursday that Europe’s lingering debt crisis will dominate this weekend’s summit of the world’s 20 most important economies in Mexico, while reiterating her conviction that the crisis can only be solved through a combination of fiscal tightening and structural reforms. (AP Photo/Markus Schreiber)
    Merkel firmly behind euro, but will she act? AP - 22 hrs ago

    Germany's Chancellor Angela Merkel has insisted repeatedly that "if the euro fails, Europe fails." More »Merkel firmly behind euro, but will she act?

    German Chancellor Angela Merkel delivers her speech prior to the upcoming G20 summit at the Bundestag in Berlin, Germany, Thursday, June 14, 2012. Merkel acknowledged Thursday that Europe’s lingering debt crisis will dominate this weekend’s summit of the world’s 20 most important economies in Mexico, while reiterating her conviction that the crisis can only be solved through a combination of fiscal tightening and structural reforms. (AP Photo/Markus Schreiber)

    Germany's Chancellor Angela Merkel has insisted repeatedly that "if the euro fails, Europe fails."

  • Allen Stanford leaves the Federal Courthouse where the jury found him guilty, in Houston
    Allen Stanford sentenced to 110 years in prison Reuters - 15 hrs ago

    HOUSTON (Reuters) - Former billionaire Allen Stanford was sentenced to 110 years in prison on Thursday for running a $7 billion scheme in which he stole money from his … More »Allen Stanford sentenced to 110 years in prison

    Allen Stanford leaves the Federal Courthouse where the jury found him guilty, in Houston

    HOUSTON (Reuters) - Former billionaire Allen Stanford was sentenced to 110 years in prison on Thursday for running a $7 billion scheme in which he stole money from his investors to finance an extravagant lifestyle in the Caribbean. U.S. District Judge David Hittner said Stanford's actions were among the most "egregious …

  • Sly Bailey, chief executive of Trinity Mirror arrives at the Leveson Inquiry at the High Court in London
    Trinity Mirror CEO steps down with immediate effect Reuters - 1 hr 32 mins ago

    LONDON (Reuters) - Sly Bailey will step down as chief executive of Trinity Mirror with immediate effect and not at the end of the year as planned, the newspaper group … More »Trinity Mirror CEO steps down with immediate effect

    Sly Bailey, chief executive of Trinity Mirror arrives at the Leveson Inquiry at the High Court in London

    LONDON (Reuters) - Sly Bailey will step down as chief executive of Trinity Mirror with immediate effect and not at the end of the year as planned, the newspaper group said on Friday. Bailey announced in May that she would step down from the publisher of the Daily Mirror tabloid after shareholders took issue with her large …

  • Black box funds profit in May from markets' slide Reuters - 2 hrs 3 mins ago

    LONDON (Reuters) - A clutch of computer-driven hedge funds have profited from steep market losses in May, outperforming other hedge funds in a welcome turnaround for … More »Black box funds profit in May from markets' slide

    LONDON (Reuters) - A clutch of computer-driven hedge funds have profited from steep market losses in May, outperforming other hedge funds in a welcome turnaround for the black box sector that has struggled recently amid volatile markets. Many of the outperformers were small and mid-sized funds that were more nimble and …

  • German Chancellor Merkel delivers government statement on her policy plans for upcoming G-20 summit at Bundestag in Berlin
    World economies prepare for panic after Greek polls Reuters - 13 hrs ago

    WASHINGTON/BRUSSELS (Reuters) - Authorities in the world's major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections … More »World economies prepare for panic after Greek polls

    German Chancellor Merkel delivers government statement on her policy plans for upcoming G-20 summit at Bundestag in Berlin

    WASHINGTON/BRUSSELS (Reuters) - Authorities in the world's major economies are preparing for a possible market storm or public panic after cliffhanger Greek elections this weekend, officials said on Thursday, should radical leftists win and cast doubt on the nation's future in the euro zone. Britain announced on Thursday …

  • File picture shows the Coryton oil refinery in south-eastern England
    Insight: Russian bid for UK refinery brings controversy Reuters - 3 hrs ago

    MOSCOW/LONDON (Reuters) - A former Russian energy minister has emerged as sole bidder for a bankrupt British oil refinery, and controversy over his past deals with distressed … More »Insight: Russian bid for UK refinery brings controversy

    File picture shows the Coryton oil refinery in south-eastern England

    MOSCOW/LONDON (Reuters) - A former Russian energy minister has emerged as sole bidder for a bankrupt British oil refinery, and controversy over his past deals with distressed assets may be overlooked in last-ditch efforts to rescue the plant and up to 900 jobs. Igor Yusufov remains interested in buying the Coryton refinery …

  • China's Yili recalls tainted milk powder, shares slump Reuters - 3 hrs ago

    SHANGHAI (Reuters) - China's biggest milk producer by revenue, Inner Mongolia Yili Industrial Group Co , has recalled baby formula tainted with "unusual" levels of mercury … More »China's Yili recalls tainted milk powder, shares slump

    SHANGHAI (Reuters) - China's biggest milk producer by revenue, Inner Mongolia Yili Industrial Group Co , has recalled baby formula tainted with "unusual" levels of mercury in the latest safety scare for the country's dairy sector. The recall, during China's "Food Safety Week" and a day after the cabinet introduced fresh …

  • FILE - In this June 15, 2011, file photo Environmental Protection Agency (EPA) Administrator Lisa Jackson testifies before the Senate Committee on Environment and Public Works regarding the Clean Air Act and Public Health on Capitol Hill in Washington. In response to a federal court order requiring the Obama administration to update air quality standards under the Clean Air Act the EPA is proposing new air quality standards to lower the amount of soot that can be released into the air. The long-delayed rule is to be made public on Friday, June 15, 2012.  (AP Photo/Charles Dharapak, File)
    EPA sets tighter standards for soot pollution AP - 10 hrs ago

    Responding to a lawsuit from 11 states, the Environmental Protection Agency is proposing new air quality standards to lower the amount of soot that can be released into … More »EPA sets tighter standards for soot pollution

    FILE - In this June 15, 2011, file photo Environmental Protection Agency (EPA) Administrator Lisa Jackson testifies before the Senate Committee on Environment and Public Works regarding the Clean Air Act and Public Health on Capitol Hill in Washington. In response to a federal court order requiring the Obama administration to update air quality standards under the Clean Air Act the EPA is proposing new air quality standards to lower the amount of soot that can be released into the air. The long-delayed rule is to be made public on Friday, June 15, 2012.  (AP Photo/Charles Dharapak, File)

    Responding to a lawsuit from 11 states, the Environmental Protection Agency is proposing new air quality standards to lower the amount of soot that can be released into the air.

  • General view of the Areva combustible fabrication plant in Saint-Paul-Trois-Chateaux
    EU's Almunia to decide on Siemens, Areva probe next week Reuters - 1 hr 35 mins ago

    BRUSSELS (Reuters) - EU regulators will decide next week whether to accept concessions offered by Germany's Siemens and France's Areva to end an investigation into their … More »EU's Almunia to decide on Siemens, Areva probe next week

    General view of the Areva combustible fabrication plant in Saint-Paul-Trois-Chateaux

    BRUSSELS (Reuters) - EU regulators will decide next week whether to accept concessions offered by Germany's Siemens and France's Areva to end an investigation into their former nuclear power joint venture, the EU's antitrust chief said. "Earlier this year, the companies offered to reduce the scope and duration of their …

  • A shopper passes a Tesco supermarket in London
    Tesco should review U.S. strategy: CtW Investment Reuters - 3 hrs ago

    LONDON (Reuters) - British group Tesco , the world's third-biggest retailer, should reassess the strategy for its loss-making U.S. chain Fresh & Easy, a group that works … More »Tesco should review U.S. strategy: CtW Investment

    A shopper passes a Tesco supermarket in London

    LONDON (Reuters) - British group Tesco , the world's third-biggest retailer, should reassess the strategy for its loss-making U.S. chain Fresh & Easy, a group that works with pensions and benefit funds sponsored by trade unions said. The Change to Win Investment Group, which works with the pension plans of four major U.S. …

  • China conditionally approves UTC takeover of Goodrich Reuters - 4 hrs ago

    BEIJING (Reuters) - China on Friday granted conditional approval to U.S. conglomerate United Technologies Corp's $16.5 billion takeover of aircraft parts maker Goodrich … More »China conditionally approves UTC takeover of Goodrich

    BEIJING (Reuters) - China on Friday granted conditional approval to U.S. conglomerate United Technologies Corp's $16.5 billion takeover of aircraft parts maker Goodrich Corp, saying Goodrich needed to divest or sell parts of some businesses. Goodrich will have to divest its electrical power generation and transmission systems …

  • An employee counts yuan banknotes at a branch of the Industrial and Commercial Bank of China in Huaibei
    China January-May FDI down, but May a bright spot Reuters - 1 hr 29 mins ago

    BEIJING (Reuters) - China's foreign direct investment inflows fell 1.9 percent in the first five months of 2012 from a year earlier amid jitters about Europe's debt crisis … More »China January-May FDI down, but May a bright spot

    An employee counts yuan banknotes at a branch of the Industrial and Commercial Bank of China in Huaibei

    BEIJING (Reuters) - China's foreign direct investment inflows fell 1.9 percent in the first five months of 2012 from a year earlier amid jitters about Europe's debt crisis and a slowdown in the world's second-largest economy, but a slight upturn in May offered signs of stability. China drew $47.1 billion in foreign direct …

  • Facebook logo is seen on a screen inside at the Nasdaq Marketsite in New York
    Facebook to file motion, discuss Nasdaq role in IPO: report Reuters - 2 hrs 48 mins ago

    (Reuters) - Facebook is set to file a motion to consolidate all the shareholder lawsuits against the social network site, and is expected to place some blame on the Nasdaq … More »Facebook to file motion, discuss Nasdaq role in IPO: report

    Facebook logo is seen on a screen inside at the Nasdaq Marketsite in New York

    (Reuters) - Facebook is set to file a motion to consolidate all the shareholder lawsuits against the social network site, and is expected to place some blame on the Nasdaq for its botched IPO when it files the motion, the New York Times reported Thursday. The document, which could be filed in the District Court for the …

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You can never underestimate the stupidity of the general public.
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Scott Adams (1957 - ), The Dilbert Future  
Ethics are so annoying. I avoid them on principle.
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Darby Conley, Get Fuzzy Comic, 08-15-07  
Some people are born on third base and go through life thinking they hit a triple.
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Barry Switzer (1937 - )  
When the going gets weird, the weird turn pro.
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