Colombian Billionaire Julio Mario Santo Domingo Dies

Colombian Billionaire Julio Mario Santo Domingo Dies

Colombian Billionaire Julio Mario Santo Domingo Dies

Posted: 09 Oct 2011 09:51 PM PDT

Jet-setting beer and broadcasting billionaire was ranked 108th on the Forbes list of the world's billionaires.


Polish PM Tusk scores historic election victory

Posted: 09 Oct 2011 10:36 PM PDT

WARSAW (Reuters) - Donald Tusk will be the first Polish prime minister since the fall of communism more than two decades ago to rule for a second consecutive term after his center-right Civic Platform trounced rivals in an election, cheering the markets.

Analysis: China's military buildup: How far along is it? (Reuters)

Posted: 09 Oct 2011 10:19 PM PDT

Reuters - China's faster-than-expected military buildup has alarmed the United States and its Asian allies and could help the Pentagon gird against deeper defense cuts threatened in some corners of Congress.


APNewsBreak: US man pleads guilty to royal insult (AP)

Posted: 09 Oct 2011 10:21 PM PDT

AP - Hoping for a lenient sentence, a shackled U.S. citizen pleaded guilty Monday to charges of defaming Thailand's royal family, a grave crime in this Southeast Asian kingdom that is punishable by up to 15 years in jail.


U.S. citizen pleads guilty to insulting Thai monarchy

Posted: 09 Oct 2011 10:31 PM PDT

BANGKOK (Reuters) - A U.S. citizen pleaded guilty on Monday to insulting Thailand's monarchy, an offence that carries up to 15 years in prison, but he called on Washington to help release him to support freedom of expression.

Analysis: China's military buildup: How far along is it?

Posted: 09 Oct 2011 10:19 PM PDT

WASHINGTON (Reuters) - China's faster-than-expected military buildup has alarmed the United States and its Asian allies and could help the Pentagon gird against deeper defense cuts threatened in some corners of Congress.

Tusk's party seems to clinch win in Polish vote (AP)

Posted: 09 Oct 2011 10:05 PM PDT

Prime Minister Donald Tusk celebrates with his wife Malgorzata, left, as the first exit poll is published during the election party of Tusk's Civic Platform, a centrist and pro-EU party, in Warsaw Sundey, Oct. 9, 2011. An exit poll shows that the centrist Civic Platform party of Prime Minister Donald Tusk is winning Poland's national election with 39.6 percent of the votes. (AP Photo/Alik Keplicz)AP - Poland's Prime Minister Donald Tusk enjoyed a strong lead over his conservative rival and predecessor Jaroslaw Kaczynski in parliamentary elections, with his centrist party set to become the first ever in Poland's post-communist era to win a second consecutive term.

Oil near $84 on better than expected US jobs data (AP)

Posted: 09 Oct 2011 09:35 PM PDT

National Oil Corp. chairman Nuri Berruien gestures during an interview with the The Associated Press in Tripoli, Libya, Sunday, Oct. 9, 2011. Libya's oil chief says the OPEC member's current production stands at about 25 percent of its prewar levels and full output could come in about 15 months. (AP Photo/Abdel Magid al-Fergany)AP - Oil prices rose to near $84 a barrel Monday in Asia amid better than expected U.S. jobs data and signs Europe may move to protect its banks from a sovereign debt crisis.

By Being Unorthodox, Kraft Transforms Itself Into A Creative Powerhouse

Posted: 09 Oct 2011 09:33 PM PDT

Few companies today can match Kraft Food's commitment to sharpen its creativity and modernize its advertising.


Venezuela faces growing load of arbitration cases (AP)

Posted: 09 Oct 2011 09:00 PM PDT

FILE - In this Oct. 27, 2010 file photo, an employee of glass container maker Owens-Illinois shouts next to National Guard soldiers during a protest against the government's decision to expropriate Owens-Illinois in Los Guayos, Venezuela. As President Hugo Chavez seizes ever more private property in his push to build a socialist system for his oil-rich country, companies in the U.S. and elsewhere are creating a potential dilemma for the fiery leader by filing claims demanding billions of dollars in compensation. Those claims, from heavyweights such as U.S. oil giant Exxon Mobil as well as glass and cement manufacturers from around the world, could add up to well over a third of the government's congressionally approved budget and hinder Chavez's ability to boost spending ahead of next year's presidential elections. (AP Photo/Fernando Vergara, File)AP - As President Hugo Chavez seizes ever more private property in his push to build a socialist system, foreign companies are squeezing Venezuela's resources by filing claims for billions of dollars in compensation.

Japan's Automakers Face New Challenges (1): Toyota in China

Posted: 09 Oct 2011 08:51 PM PDT

There is one industry in which Japan must retain its global competitiveness, and that is automobiles. The question is how to do it.


Asia stocks tepid after Europe debt crisis meeting (AP)

Posted: 09 Oct 2011 08:42 PM PDT

FILE - In this May 11, 2011 file photo, Raj Rajaratnam, billionaire co-founder of Galleon Group, is surrounded by photographers as leaves Manhattan federal court with his attorney Terence Lynan, left, in New York. Rajaratnam, the former Wall Street titan convicted of making a fortune by coaxing a crew of corporate tipsters to give him an illegal edge on blockbuster trades in technology and other stocks, is scheduled to be sentenced Thursday, Oct. 13, 2011 for his conviction at trial earlier this year. (AP Photo/Mary Altaffer, File)AP - Asian stock markets were mixed Monday after a weekend meeting of the leaders of France and Germany provided a promise of action on Europe's debt crisis but few details.

Support for Japan PM dips after 1 month in office (Reuters)

Posted: 09 Oct 2011 08:54 PM PDT

Japan's Prime Minister Yoshihiko Noda attends a news conference at his official residence in Tokyo September 30, 2011. REUTERS/Issei KatoReuters - Support for Japanese Prime Minister Yoshihiko Noda's government dropped by 10 points to 55 percent one month after he took office, with more than half opposing planned tax increases for post-quake restructuring efforts, a poll showed on Monday.

Support for Japan PM dips after 1 month in office

Posted: 09 Oct 2011 08:54 PM PDT

TOKYO (Reuters) - Support for Japanese Prime Minister Yoshihiko Noda's government dropped by 10 points to 55 percent one month after he took office, with more than half opposing planned tax increases for post-quake restructuring efforts, a poll showed on Monday.

Indonesian Security Forces Fire on Striking Miners

Posted: 09 Oct 2011 09:38 PM PDT

A union leader says Indonesian security forces opened fire on striking workers at Freeport-McMoran's gold and copper mine, killing one and critically wounding another.


Entrepreneurial Words of Wisdom From the Trenches

Posted: 09 Oct 2011 08:35 PM PDT

When you have been on the startup firing line, you quickly learn that any insight from experts and entrepreneurs who have been there before you can make the difference between failure and success. Yet, many new entrepreneurs brazenly assume they are bulletproof, and march blindly into the fray. The result is that well over 50% ...


American who Claimed to be the Government of the Philippines Ties Up Courts for 50 Years

Posted: 09 Oct 2011 08:31 PM PDT

So you think reading tax cases is boring.?? Check out these excerpts from the recent ninth circuit decision??US v Stonehill??: According to Chandler?s memorandum, Spielman said he believed he was "in considerable danger of being murdered." Chandler wrote, "[W]e are inclined to agree that this is a very real possibility." Spielman, a Czech Jew and ...


Magnitude 5.6 quake jolts northeastern Japan: NHK (Reuters)

Posted: 09 Oct 2011 08:04 PM PDT

Reuters - A strong earthquake with a preliminary magnitude of 5.6 jolted northeastern Japan on Monday, public broadcaster NHK said. The quake, at 11:46 a.m. (10:46 p.m. ET), was also felt in Tokyo.


Oil from stuck ship washes onto New Zealand beach (AP)

Posted: 09 Oct 2011 08:29 PM PDT

In this photo released by the Bay of Plenty Regional Council/New Zealand Herald, the 775-foot (236-meter) Liberian-flagged Rena, left, is stuck on the Astrolabe Reef about 12 nautical miles from Tauranga, New Zealand, as the tanker Awanuia is pumping fuel oil from the Rena Sunday, Oct. 9, 2011. The Rena has been leaking fuel, leading to fears it could cause an environmental disaster if it falls apart. (AP Photo/Bay of Plenty Regional Council/New Zealand Herald) AUSTRALIA OUT, NEW ZEALAND OUT, EDITORIAL USE ONLYAP - Small amounts of oil from a container ship stuck on a reef for days began washing up at a popular New Zealand beach on Monday, while work to extract oil from the vessel was called off because of weather concerns.

Crime and Punishment in America

Posted: 09 Oct 2011 08:05 PM PDT

This enlightening juxtaposition is via Frank Pasquale whose entire post on the moral authority of Occupy Wall Street is well worth the read. That about sums it up.


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