North Koreans rally around Kim Jong Il's heir (AP)

North Koreans rally around Kim Jong Il's heir (AP)


North Koreans rally around Kim Jong Il's heir (AP)

Posted: 18 Dec 2011 11:25 PM PST

AP - North Korea announced the death of supreme leader Kim Jong Il and urged its people Monday to rally behind his young son and heir-apparent, while the world watched for signs of instability in a nation pursuing nuclear weapons.


7 dead, scores missing in Russia oil rig accident (AP)

Posted: 18 Dec 2011 10:19 PM PST

AP - Officials say at least seven men have died and scores are feared dead after a floating oil rig off Russia's east coast capsized and sank on Sunday.


North Korea's Kim Jong Il dead at 69

Posted: 18 Dec 2011 08:47 PM PST

North Korea's longtime leader Kim Jong Il, the embodiment of the reclusive state where his cult of personality is deeply entrenched, has died, state TV reported.


S.F. Financier Warren Hellman Dies At Age 77

Posted: 18 Dec 2011 09:59 PM PST

The San Francisco financier Warren Hellman died Sunday evening from complications related to leukemia, the San Francisco Chronicle reports. He was 77. The founder and namesake of private equity firm Hellman & Friedman, Hellman ?poured money into local causes,? the Chronicle notes. He has been the key financial supporter for the Bay Citizen, a news ...


Zardari returns to Pakistan amid memo saga

Posted: 18 Dec 2011 10:26 PM PST

KARACHI (Reuters) - President Asif Ali Zardari, who was in Dubai for medical treatment, returned on Monday to Pakistan, where tension is rising between his civilian government and the military over a memo accusing the country's generals of plotting a coup.


Exclusive: Secret U.S., Taliban talks reach turning point (Reuters)

Posted: 18 Dec 2011 10:06 PM PST

U.S. soldiers representing Security Forces Squadron who served their term in Afghanistan leave a C-17 military aircraft at the U.S. transit center at Manas airport near Bishkek December 18, 2011.  REUTERS/Vladimir Pirogov  (KYRGYZSTAN - Tags: TRANSPORT MILITARY)Reuters - After 10 months of secret dialogue with Afghanistan's Taliban insurgents, senior U.S. officials say the talks have reached a critical juncture and they will soon know whether a breakthrough is possible, leading to peace talks whose ultimate goal is to end the Afghan war.



Reactions: Kim Jong-il's death

Posted: 18 Dec 2011 10:00 PM PST

Japan "expresses condolences" over North Korean leader's death, while White House says it is "monitoring developments".


Coinstar: Too Cheap?

Posted: 18 Dec 2011 09:34 PM PST

Looks for a Monday bounce for shares of Redbox parent Coinstar, after a bullish profile of the company in Barron?s over the weekend by my friend Andrew Bary. The story asserts that the stock, lately trading in the mid-40s, could rally more than 40% to the mid 60s as the company continues to expand its ...


Blast At Pegatron Factory In Shanghai Injures 61 Workers

Posted: 18 Dec 2011 09:27 PM PST

An explosion Saturday at a Shanghai plant run by a subsidiary of electronics manufacturer has injured 61 workers, sending 23 to the hospital, Reuters reported early Monday. ?s Chief Financial Officer, Charles Lin, told the wire service the explosion took place in a plant run by subsidiary Riten Computer Accessory Company that had not yet ...


Kim Jong Il, Dead at 69

Posted: 18 Dec 2011 09:16 PM PST

Kim Jong Il, supreme leader of North Korea, died from fatigue on Saturday during a trade ride, state television reported Monday at noon.?? He was 69 according to official sources. ??Kim, known as "The Lodestar of the 21st Century" in his homeland and by more than 2,000 other titles, is reported to have had a ...


South Korea's Lee calls for calm after North leader's death (Reuters)

Posted: 18 Dec 2011 09:47 PM PST

Reuters - South Korean President Lee Myung-bak has called for calm and asked residents of the South to carry on with daily life, a national security official from his office said Monday after an emergency meeting following the North Korean leader's death.


VIDEO: Son 'not ready' to lead North Korea

Posted: 18 Dec 2011 09:22 PM PST

Former US Assistant Secretary of State Christopher Hill, who led the delegation of the six-party nuclear talks on North Korea, says he believes Kim Jong-un is ''not ready'' to take over from his father, Kim Jong-il, who has died at the age of 69.


The Lord Gave To NYC Tech Start-Ups And Universities, And The Lord Hath Taken Away

Posted: 18 Dec 2011 08:53 PM PST

Big news out of City:??Stanford pulled out of Bloomberg?s applied sciences university ?competition? after Cornell got an enormous donation, leaving the upstate university the front runner to build a new campus, likely on Roosevelt Island. This comes with up to $100 million in state subsidies, plus free land and invaluable planning acquiescence. City officials hope ...


VIDEO: Son 'not ready' to lead North Korea

Posted: 18 Dec 2011 09:22 PM PST

Former US Assistant Secretary of State Christopher Hill, who led the delegation of the six-party nuclear talks on North Korea, says he believes Kim Jong-un is ''not ready'' to take over from his father, Kim Jong-il, who has died at the age of 69.


'Occupy' Should Target Apple, Former SF Mayor Brown Says

Posted: 18 Dec 2011 09:14 PM PST

Clearly, former San Francisco Mayor Willie Brown is part of the 1%. Among other post mayoral pursuits, Brown writes a highly entertaining column for the San Francisco Chronicle. Brown writes about politics, describes his adventures in the the San Francisco social scene and?? reviews movies. In his piece over the weekend, Brown managed to attack ...


The Central Park Caper And Transit NIMBYism

Posted: 18 Dec 2011 08:42 PM PST

It has often been suggested that one of the reasons that American subway construction is so expensive is that our laws are too friendly to NIMBYs. That is to say, contractors will be paid to engineer expensive, long-term solutions to avoid short-term disruptions to neighbors during construction. The most prominent example is avoiding cut-and-cover subway ...


U.K. Vacationers Aid Nation's Trade Balance

Posted: 18 Dec 2011 09:03 PM PST

Britons who chose to take vacations in the U.K. helped halve the country's trade deficit between 2007 and 2011, according to a Bank of England analysis, as a weak pound caused imports of travel services to slump.


A Polish woman's heroic journey of self-discovery (AP)

Posted: 18 Dec 2011 09:00 PM PST

AP - As Nazi troops imposed their terror on Warsaw, an 18-year-old Polish girl slipped into a Warsaw church with an elderly rabbi to teach him how to dip his hand in holy water and cross himself.


APNewsBreak: US aid a step toward Korea nuke talks (AP)

Posted: 18 Dec 2011 09:11 PM PST

AP - The United States was poised to announce a significant donation of food aid to North Korea this week before the nation announced the death of supreme leader Kim Jong Il. The donation would be the first concrete accomplishment after months of behind-the-scenes diplomatic contacts between the two wartime enemies. An agreement by North Korea to suspend its controversial uranium enrichment program will likely follow within days.


Canada's Flaherty says Europe hasn't done enough (Reuters)

Posted: 18 Dec 2011 08:50 PM PST

Reuters - European leaders have not done enough to deal with the region's debt crisis and should probably use the International Monetary Fund to more closely monitor countries with the biggest problems, Canadian Finance Minister Jim Flaherty said on Sunday.