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This edition was generated on Fri Mar 23 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

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  • Nigerian Finance Minister Ngozi Okonjo-Iweala speaks during a media briefing in Pretoria
    Three-way World Bank race seen as deadline looms Reuters - 4 hrs ago

    WASHINGTON (Reuters) - The United States faces an unprecedented challenge to its grip on the World Bank presidency, with emerging economies poised to nominate at least … More »Three-way World Bank race seen as deadline looms

    Nigerian Finance Minister Ngozi Okonjo-Iweala speaks during a media briefing in Pretoria

    WASHINGTON (Reuters) - The United States faces an unprecedented challenge to its grip on the World Bank presidency, with emerging economies poised to nominate at least one candidate on Friday to set up the first contested bid for the top job at the global development lender. Less than a day before the deadline to nominate, …

  • Tokyo Stock Exchange employees work at the computer terminal in Tokyo, Japan, Friday, March 23, 2012. Asian stock markets fell Friday, dragged down by reports of a manufacturing slowdown in China and a deepening economic malaise in Europe. Japan's Nikkei 225 index dropped 1 percent to 10,027.72 as the country's formidable export sector faded amid fears of slowing overseas demand. (AP Photo/Itsuo Inouye)
    Mounting global growth concerns push markets lower AP - 1 hr 58 mins ago

    Fears of an intensifying global economic slowdown pushed markets lower on Friday, when new surveys showed a contraction in the manufacturing sector in China, a bellwether … More »Mounting global growth concerns push markets lower

    Tokyo Stock Exchange employees work at the computer terminal in Tokyo, Japan, Friday, March 23, 2012. Asian stock markets fell Friday, dragged down by reports of a manufacturing slowdown in China and a deepening economic malaise in Europe. Japan's Nikkei 225 index dropped 1 percent to 10,027.72 as the country's formidable export sector faded amid fears of slowing overseas demand. (AP Photo/Itsuo Inouye)

    Fears of an intensifying global economic slowdown pushed markets lower on Friday, when new surveys showed a contraction in the manufacturing sector in China, a bellwether for world demand as it produces and exports a huge amount of consumer goods.

  • Michelle Chesney-Offutt, poses in her home before leaving for work as an insurance customer service representative, Thursday, March 22, 2012, in Sandwich, Ill. Chesney-Offutt, who was unemployed for nearly three years before landing a job, said a recruiter who responded to her online resume two years ago liked her qualifications and was set to schedule an interview. But he backed away, she said, when he learned she had been out of work for 13 months. The employer he represented would not consider applicants who were unemployed for more than six months, she said. More than a dozen states are considering legislation that would forbid employers from refusing to hire workers just because they’ve been unemployed for months or years. (AP Photo/M. Spencer Green)
    For long-unemployed, hiring bias rears its head AP - 5 hrs ago

    Few job seekers who fail to get an interview know the reason, but Michelle Chesney-Offutt said a recruiter told her why she lost the chance to pitch for an information … More »For long-unemployed, hiring bias rears its head

    Michelle Chesney-Offutt, poses in her home before leaving for work as an insurance customer service representative, Thursday, March 22, 2012, in Sandwich, Ill. Chesney-Offutt, who was unemployed for nearly three years before landing a job, said a recruiter who responded to her online resume two years ago liked her qualifications and was set to schedule an interview. But he backed away, she said, when he learned she had been out of work for 13 months. The employer he represented would not consider applicants who were unemployed for more than six months, she said. More than a dozen states are considering legislation that would forbid employers from refusing to hire workers just because they’ve been unemployed for months or years. (AP Photo/M. Spencer Green)

    Few job seekers who fail to get an interview know the reason, but Michelle Chesney-Offutt said a recruiter told her why she lost the chance to pitch for an information technology position.

  • National grocers stop buying "pink slime" meat AP - 22 hrs ago

    At least three national supermarket operators have decided to stop buying ground beef that contains the filler now known as "pink slime." More »National grocers stop buying "pink slime" meat

    At least three national supermarket operators have decided to stop buying ground beef that contains the filler now known as "pink slime."

  • FILE - A Bank of America branch is shown in a Charlotte, N.C. file photo from April 20, 2006. Bank of America said Thursday March 22, 2012 it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. (AP Photo/Chuck Burton, File)
    BofA to offer rentals as foreclosure alternative AP - 7 hrs ago

    Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters … More »BofA to offer rentals as foreclosure alternative

    FILE - A Bank of America branch is shown in a Charlotte, N.C. file photo from April 20, 2006. Bank of America said Thursday March 22, 2012 it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. (AP Photo/Chuck Burton, File)

    Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners.

  • 3 more bodies found in Concordia cruise wreck AP - 17 hrs ago

    Searchers on Thursday found three bodies under the hull of the shipwrecked Costa Concordia cruise ship that capsized off an Italian island in January, an official said, … More »3 more bodies found in Concordia cruise wreck

    Searchers on Thursday found three bodies under the hull of the shipwrecked Costa Concordia cruise ship that capsized off an Italian island in January, an official said, raising the number of bodies found so far to 28 and leaving four still missing.

  • In this Sunday, March 18, 2012 photo, Japanese composer Ryuichi Sakamoto, left, speaks as Nissan Motor Co's Corporate Vice President Hideaki Watanabe listens, in front of the automaker's Leaf zero-emission electric vehicle at 'The New Owner's Meeting' in Tokyo. Electric car owners who prided themselves on being green now find themselves in a bind as Japan's government maneuvers to restart dozens of nuclear power plants idled after last year's meltdowns.(AP Photo/Itsuo Inouye)
    Electric cars risk losing green sheen in Japan AP - 4 hrs ago

    Electric car owners who prided themselves on being green now find themselves in a bind as Japan's government maneuvers to restart dozens of nuclear power plants idled … More »Electric cars risk losing green sheen in Japan

    In this Sunday, March 18, 2012 photo, Japanese composer Ryuichi Sakamoto, left, speaks as Nissan Motor Co's Corporate Vice President Hideaki Watanabe listens, in front of the automaker's Leaf zero-emission electric vehicle at 'The New Owner's Meeting' in Tokyo. Electric car owners who prided themselves on being green now find themselves in a bind as Japan's government maneuvers to restart dozens of nuclear power plants idled after last year's meltdowns.(AP Photo/Itsuo Inouye)

    Electric car owners who prided themselves on being green now find themselves in a bind as Japan's government maneuvers to restart dozens of nuclear power plants idled after last year's meltdowns.

  • Rosahn Buchanan fills her tank with gas at a station in Arcadia, Calif., Tuesday, March 20, 2012. From all corners of the country, Americans are poorer and angrier these days, thanks to the record fuel prices that have soared above $4 a gallon in some states and could top $5 by summer.(AP Photo/Nick Ut)
    Unhappy public not sure who to blame for high gas AP - 14 hrs ago

    Families canceling vacations. Fishermen watching their profits burn up along with their boats' gasoline. Drivers buying only a few gallons of gas at a time because they … More »Unhappy public not sure who to blame for high gas

    Rosahn Buchanan fills her tank with gas at a station in Arcadia, Calif., Tuesday, March 20, 2012. From all corners of the country, Americans are poorer and angrier these days, thanks to the record fuel prices that have soared above $4 a gallon in some states and could top $5 by summer.(AP Photo/Nick Ut)

    Families canceling vacations. Fishermen watching their profits burn up along with their boats' gasoline. Drivers buying only a few gallons of gas at a time because they can't afford to fill the tank.

  • L'Oreal heiress's ex-wealth manager held in custody Reuters - 1 hr 44 mins ago

    BORDEAUX, France (Reuters) - L'Oreal SA heiress Liliane Bettencourt's former wealth manager was remanded in custody on Friday after a judge heard new allegations in a … More »L'Oreal heiress's ex-wealth manager held in custody

    BORDEAUX, France (Reuters) - L'Oreal SA heiress Liliane Bettencourt's former wealth manager was remanded in custody on Friday after a judge heard new allegations in a long-running investigation into illicit political party financing, prosecutors said on Friday. Patrice de Maistre, who had already been placed under investigation …

  • Price war heralds investment banking shake-out Reuters - 1 hr 48 mins ago

    LONDON (Reuters) - Investment banks fighting for survival in a world of stricter regulation and more expensive funding are embroiled in a price war as they battle to … More »Price war heralds investment banking shake-out

    LONDON (Reuters) - Investment banks fighting for survival in a world of stricter regulation and more expensive funding are embroiled in a price war as they battle to hang on to clients. Some are offering ultra-low prices across a range of their most prominent activities such as equity and debt sales, advice on mergers and …

  • FILE - A Monday, Feb.13, 2012 file photo showing ongoing operations to remove fuel from the half sunken hulk of the luxury ship Costa Concordia a month after it ran aground outside the port of Isola del Giglio island in Tuscany, Italy. The Concordia capsized in a protected sea sanctuary, and salvage teams have been removing fuel since Feb. 12 in hopes of sparing the pristine waters from pollution. Costa Crociere SpA., the Italian cruise company, and Italian officials said fuel removal was expected to be completed by Friday evening. (AP Photo/Giorgio Fanciulli, File)
    5 more bodies found in Concordia cruise wreck AP - 17 hrs ago

    Search crews in Italy have found five more bodies in the wreck of the Costa Concordia cruise ship, which struck a reef off an Italian island in January. More »5 more bodies found in Concordia cruise wreck

    FILE - A Monday, Feb.13, 2012 file photo showing ongoing operations to remove fuel from the half sunken hulk of the luxury ship Costa Concordia a month after it ran aground outside the port of Isola del Giglio island in Tuscany, Italy. The Concordia capsized in a protected sea sanctuary, and salvage teams have been removing fuel since Feb. 12 in hopes of sparing the pristine waters from pollution. Costa Crociere SpA., the Italian cruise company, and Italian officials said fuel removal was expected to be completed by Friday evening. (AP Photo/Giorgio Fanciulli, File)

    Search crews in Italy have found five more bodies in the wreck of the Costa Concordia cruise ship, which struck a reef off an Italian island in January.

  • FILE - In this Sept. 13, 2010 file photo, a shopper moves through a Kroger Co. supermarket in Newport, Ky. Supermarket chains Kroger Co. and Stop & Shop said Thursday, March 22, 2012 they will join the growing list of store chains that will no longer sell beef that includes an additive with the unappetizing moniker “pink slime.” (AP Photo/Al Behrman, File)
    Kroger, Stop & Shop join 'pink slime' exodus AP - 14 hrs ago

    Supermarket chains Kroger Co. and Stop & Shop said Thursday they will join the growing list of store chains that will no longer sell beef that includes an additive with … More »Kroger, Stop & Shop join 'pink slime' exodus

    FILE - In this Sept. 13, 2010 file photo, a shopper moves through a Kroger Co. supermarket in Newport, Ky. Supermarket chains Kroger Co. and Stop & Shop said Thursday, March 22, 2012 they will join the growing list of store chains that will no longer sell beef that includes an additive with the unappetizing moniker “pink slime.” (AP Photo/Al Behrman, File)

    Supermarket chains Kroger Co. and Stop & Shop said Thursday they will join the growing list of store chains that will no longer sell beef that includes an additive with the unappetizing moniker "pink slime."

  • Traders work on the floor of the New York Stock Exchange
    Wall Street retreats but bull market still alive Reuters - 16 hrs ago

    NEW YORK (Reuters) - Cyclical sectors led stocks lower on Thursday, setting the S&P 500 up for its first negative week in six, after factory data showed a slowdown in … More »Wall Street retreats but bull market still alive

    Traders work on the floor of the New York Stock Exchange

    NEW YORK (Reuters) - Cyclical sectors led stocks lower on Thursday, setting the S&P 500 up for its first negative week in six, after factory data showed a slowdown in both the euro zone and China. The weak data is hardly a surprise for markets, as many analysts have already factored in a recession in the euro zone and early …

  • FILE - A Nov. 5, 2008 file photo shows an Etch A Sketch portrait of President Elect Barack Obama, that was unveiled as the results of the presidential election were announced. Etch A Sketch is suddenly drawing lots of attention, thanks to a gaffe that has shaken up Mitt Romney's campaign. Ohio Art, the maker of the classic baby boomer toy, says it's sending a big box of Etch A Sketches to the presidential campaigns to say thanks for the publicity and a boost in sales. (AP Photo//The Ohio Art Company, Ellen Dallager, File)
    Politics puts Etch A Sketch back in the picture AP - 15 hrs ago

    Pushed to the bottom of the toy box by video games and other high-tech gadgets, Etch A Sketch is suddenly drawing lots of attention, thanks to a gaffe that has shaken … More »Politics puts Etch A Sketch back in the picture

    FILE - A Nov. 5, 2008 file photo shows an Etch A Sketch portrait of President Elect Barack Obama, that was unveiled as the results of the presidential election were announced. Etch A Sketch is suddenly drawing lots of attention, thanks to a gaffe that has shaken up Mitt Romney's campaign. Ohio Art, the maker of the classic baby boomer toy, says it's sending a big box of Etch A Sketches to the presidential campaigns to say thanks for the publicity and a boost in sales. (AP Photo//The Ohio Art Company, Ellen Dallager, File)

    Pushed to the bottom of the toy box by video games and other high-tech gadgets, Etch A Sketch is suddenly drawing lots of attention, thanks to a gaffe that has shaken up the race for the White House.

  • The American International Group (AIG) building is seen in New York's financial district
    AIG says repaid government $1.5 billion Reuters - 13 hrs ago

    WASHINGTON (Reuters) - American International Group said on Thursday it has repaid the Treasury its remaining $1.5 billion preferred equity investment, but the insurer … More »AIG says repaid government $1.5 billion

    The American International Group (AIG) building is seen in New York's financial district

    WASHINGTON (Reuters) - American International Group said on Thursday it has repaid the Treasury its remaining $1.5 billion preferred equity investment, but the insurer still owes taxpayers an estimated $45 billion for the bailout it received during the financial crisis. The insurer, which received a total of $182 billion …

  • In this undated photo released by General Motors a Holden Cruze hatch is driven off the assembly line after it was manufactured at a plant in Australia. The government announced Thursday March 22, 2012, a 275 million Australian dollar ($288 million) subsidy for General Motors Co. to guarantee it continues to manufacture cars in Australia for another decade through its subsidiary Holden Ltd. As part of the deal, U.S.-based GM said in a statement it has agreed to invest more than $1 billion in car manufacturing at its Melbourne and Adelaide plants until at least 2022. (AP Photo/General Motors)
    Australia plans $288M subsidy for General Motors AP - 23 hrs ago

    The government announced Thursday a 275 million Australian dollar ($288 million) subsidy for General Motors Co. to guarantee it continues to make cars in Australia for … More »Australia plans $288M subsidy for General Motors

    In this undated photo released by General Motors a Holden Cruze hatch is driven off the assembly line after it was manufactured at a plant in Australia. The government announced Thursday March 22, 2012, a 275 million Australian dollar ($288 million) subsidy for General Motors Co. to guarantee it continues to manufacture cars in Australia for another decade through its subsidiary Holden Ltd. As part of the deal, U.S.-based GM said in a statement it has agreed to invest more than $1 billion in car manufacturing at its Melbourne and Adelaide plants until at least 2022. (AP Photo/General Motors)

    The government announced Thursday a 275 million Australian dollar ($288 million) subsidy for General Motors Co. to guarantee it continues to make cars in Australia for another decade through its subsidiary Holden Ltd.

  • Tokyo Stock Exchange employees work at the computer terminal in Tokyo, Japan, Friday, March 23, 2012. Asian stock markets fell Friday, dragged down by reports of a manufacturing slowdown in China and a deepening economic malaise in Europe. Japan's Nikkei 225 index dropped 1 percent to 10,027.72 as the country's formidable export sector faded amid fears of slowing overseas demand. (AP Photo/Itsuo Inouye)
    Asia stocks fall as big economies show fatigue AP - 7 hrs ago

    Asian stock markets fell Friday as jitters mounted over China's manufacturing slowdown and a deepening economic malaise in Europe. More »Asia stocks fall as big economies show fatigue

    Tokyo Stock Exchange employees work at the computer terminal in Tokyo, Japan, Friday, March 23, 2012. Asian stock markets fell Friday, dragged down by reports of a manufacturing slowdown in China and a deepening economic malaise in Europe. Japan's Nikkei 225 index dropped 1 percent to 10,027.72 as the country's formidable export sector faded amid fears of slowing overseas demand. (AP Photo/Itsuo Inouye)

    Asian stock markets fell Friday as jitters mounted over China's manufacturing slowdown and a deepening economic malaise in Europe.

  • An aerial view is seen of oil that seeped off the coast of Rio de Janeiro, caused by a well drilled by Chevron at Frade, on the water in Campos Basin in Rio de Janeiro state
    Brazil oil regulator: Chevron leak not "negligence" Reuters - 12 hrs ago

    BRASILIA (Reuters) - Brazil's oil regulator said Chevron was not negligent in the drilling of a well that caused an offshore oil spill in November, a finding that may … More »Brazil oil regulator: Chevron leak not "negligence"

    An aerial view is seen of oil that seeped off the coast of Rio de Janeiro, caused by a well drilled by Chevron at Frade, on the water in Campos Basin in Rio de Janeiro state

    BRASILIA (Reuters) - Brazil's oil regulator said Chevron was not negligent in the drilling of a well that caused an offshore oil spill in November, a finding that may help the company to fight criminal charges and an $11 billion lawsuit. Chevron and its drilling contractor Transocean committed operational and safety violations …

  • An Air Canada baggage handler talks on a cell phone during a a wildcat walkout at Toronto's Pearson International Airport early Friday March 23, 2012 causing some flights to be delayed. The job action began Thursday evening and left hundreds of passengers in limbo after they had to disembark from several flights already on the tarmac and head back to the terminal. (AP Photo/Victor Biro, The Canadian Press)
    Air Canada ground crews stage strike in Toronto AP - 6 hrs ago

    Air Canada baggage handlers staged a walkout at Toronto's Pearson International Airport early Friday, causing some flights to be delayed. More »Air Canada ground crews stage strike in Toronto

    An Air Canada baggage handler talks on a cell phone during a a wildcat walkout at Toronto's Pearson International Airport early Friday March 23, 2012 causing some flights to be delayed. The job action began Thursday evening and left hundreds of passengers in limbo after they had to disembark from several flights already on the tarmac and head back to the terminal. (AP Photo/Victor Biro, The Canadian Press)

    Air Canada baggage handlers staged a walkout at Toronto's Pearson International Airport early Friday, causing some flights to be delayed.

  • Former military reservists, who were waiting to fight in the Falklands War, protest at Torre Monumental, known as Torre de los Ingleses or Tower of the English before 1982, demanding a state pension like that received by Falkland War veterans, in Buenos Aires, Argentina, Wednesday March 21, 2012. April 2 marks the 30th anniversary of the start of the conflict between Argentina and Great Britain. (AP Photo/Natacha Pisarenko)
    Argentina to stock markets: Falklands oil illegal AP - 10 hrs ago

    Argentina has asked stock markets in New York and London to warn investors of its claim that five oil exploration companies are working illegally off the Falkland Islands, … More »Argentina to stock markets: Falklands oil illegal

    Former military reservists, who were waiting to fight in the Falklands War, protest at Torre Monumental, known as Torre de los Ingleses or Tower of the English before 1982, demanding a state pension like that received by Falkland War veterans, in Buenos Aires, Argentina, Wednesday March 21, 2012. April 2 marks the 30th anniversary of the start of the conflict between Argentina and Great Britain. (AP Photo/Natacha Pisarenko)

    Argentina has asked stock markets in New York and London to warn investors of its claim that five oil exploration companies are working illegally off the Falkland Islands, which Argentina contends were stolen by Britain more than a century ago.

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Reality is merely an illusion, albeit a very persistent one.
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The whole dream of democracy is to raise the proletarian to the level of stupidity attained by the bourgeois.
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