About 100 feared trapped in sunken PNG ferry (Reuters)

About 100 feared trapped in sunken PNG ferry (Reuters)

About 100 feared trapped in sunken PNG ferry (Reuters)

Posted: 02 Feb 2012 10:41 PM PST

Life rafts carrying survivors float on rough waters after MV Rabaul Queen ferry (R) sank off Papua New Guinea February 2, 2012. About 100 people are feared trapped inside a ferry that sank in rough weather off Papua New Guinea, a rescue official said on Friday, a day after the crowded boat went down with about 350 people on board. REUTERS/Papua New Guinea Post CourierReuters - About 100 people are feared trapped inside a ferry that sank in rough weather off Papua New Guinea, a rescue official said Friday, a day after the crowded boat went down with about 350 people on board.

Iran reports launch of small satellite into orbit (AP)

Posted: 02 Feb 2012 10:35 PM PST

AP - Iran says it has successfully launched a new satellite into orbit, the latest in its ambitious space program.


Pakistan clashes kill 7 soldiers, 18 militants (AP)

Posted: 02 Feb 2012 10:38 PM PST

A Pakistani man washes clothes at a local washing pool in Karachi, Pakistan on Thursday, Feb. 2, 2012. (AP Photo/Fareed Khan)AP - A government official says militants have killed seven Pakistani paramilitary soldiers in an attack near the Afghan border.

Astronomers Identify Another Possibly Habitable Planet

Posted: 02 Feb 2012 10:31 PM PST

An international team of astronomers has found a potentially habitable planet less than two dozen light years from Earth.


Going to College ??? What a Concept

Posted: 02 Feb 2012 10:25 PM PST

If you've been carefully reading the news - or you've got a teenaged child - then you know that a crisis is emerging in American higher education. And if many of the colleges and universities in this country hope to survive the bursting of this 'bubble', then they had better start looking now to the ...


Local firms vie for Yum's slice of the China market (Reuters)

Posted: 02 Feb 2012 09:54 PM PST

Reuters - Four floors up overlooking the bustle of the cavernous Joy City Mall in Beijing, diners take a break from shopping to slurp noodles and nibble on dumplings at an Ajisen restaurant.


Bombs hit evangelical Bible school in Sudan, group says

Posted: 02 Feb 2012 07:30 PM PST

A Christian evangelical group said Thursday that a Bible school -- backed by American evangelist Franklin Graham -- was destroyed in the latest bombing raid to hit South Kordofan, an oil-rich Sudanese province that borders the newly created independent country of South Sudan.

Blackstone Reportedly Mulls LBO Bid For Brocade

Posted: 02 Feb 2012 10:02 PM PST

Blackstone Group is mulling an LBO of Brocade Communications, Bloomberg reports, citing ?a person with knowledge of the situation.? The story asserts that small private equity funds including Thoma Bravo dropped out of the bidding for the company because a Brocade buyout would be too big. The company has reportedly been seeking a buyer since ...


Do something really innovative in health: crowdsource problems, not (just) solutions

Posted: 02 Feb 2012 10:01 PM PST

Businesses exist to solve problems, right??? Certainly, this is the heart of the classic entrepreneurial model: you become obsessed with a particular problem, and create a business to solve it.?? Example: eBay was created by to solve a perceived problem with inefficient markets, and since its inception has generally focused on doing exactly this. Most ...


RIM: Seeing No License Deals, Jefferies Cuts To Underperform

Posted: 02 Feb 2012 09:48 PM PST

Jefferies analyst Peter Misek late Thursday cut his rating on Research In Motion to Underperform from Hold, while slicing his target on the shares to $15, from $17. RIMM closed Thursday at $17.21. Misek says his checks find that the company ?will delay and possibly abandon its OS licensing plans.? He?s also now skeptical about ...


US remains committed to Afghan exit in 2014

Posted: 02 Feb 2012 10:15 PM PST

US military chiefs downplay remarks by defence secretary that Washington could end combat role a year early, in 2014.


Train hits bulldozer, derails in India; 3 dead (AP)

Posted: 02 Feb 2012 09:53 PM PST

AP - A railway official says a train hit a bulldozer and derailed in northeastern India, killing three passengers.


Philippine military: Airstrikes kill top terrorists

Posted: 02 Feb 2012 09:46 PM PST

The Philippine military said it killed a man who is on the FBI most-wanted terror list and two other senior militants Thursday in a predawn airstrike on a remote southern island.

Four Ways Big Media Can Survive In The Tablet Era

Posted: 02 Feb 2012 09:29 PM PST

Guest post written by Mitch Lazar Mitch Lazar, a former journalist and co-founder of CNN.com, is CEO of Taptu. Tablets are the new PC. No question. A new survey released by the Pew Research Center reports that 29% of all U.S. adults already own a tablet or e-reader, thanks to a massive holiday gift-giving push. ...


Priceline Just Killed William Shatner ??? Or Did They?

Posted: 02 Feb 2012 09:07 PM PST

Priceline just killed William Shatner. Literally. In the latest "Priceline Negotiator" ad, Shatner plunges off a bridge on a bus that bursts into a fireball when it hits the canyon floor. The spot (which has been airing since January 23rd) will be shown in the pregame to the Super Bowl. Shatner's demise seems very final ...


How to Find the 'Star Performer' in Every Employee

Posted: 02 Feb 2012 09:07 PM PST

Every startup and every big business wishes that all their employees were star performers, but wishing doesn't make it happen. Some coaches and leaders seem to have the magic for bringing out the best in everyone. Research has shown that it isn't magic, but a focus on engaging people in their work, so that their ...


Glencore's Glasenberg In Talks To Finally Net Xstrata

Posted: 02 Feb 2012 08:56 PM PST

Commodities trader Glencore and mining outfit are engaged in merger talks, with a formal??deal expected to be hammered out as early as next week.??If indeed successful, the negotiations could produce a vertically integrated??mining and commodities??marketing behemoth with a market cap north of $80 billion. Glencore?s chief executive and largest shareholder, Australian??Ivan Glasenberg, has made no ...


Australia's Gillard faces new leadership discontent (Reuters)

Posted: 02 Feb 2012 09:24 PM PST

Reuters - Growing speculation that Australian Prime Minister Julia Gillard could be dumped by her party before the end of the year forced senior ministers to rally behind her Friday after a disastrous start to 2012.


Khmer Rouge chief jailer gets life in prison (AP)

Posted: 02 Feb 2012 09:23 PM PST

In this photo released by the Extraordinary Chambers in the Courts of Cambodia, former Khmer Rouge S-21 prison commander Kaing Guek Eav, also known as Duch, sits in the courtroom for a session of U.N.-backed tribunal in Phnom Penh, Cambodia, as the court gives verdict on appeal filed by Duch against his conviction Friday, Feb. 3, 2012. Duch was sentenced last July to 35 years in prison for war crimes and crimes against humanity during the 'killing fields' regime of the 1970s. (AP Photo/Extraordinary Chambers in the Courts of Cambodia, Nhet Sok Heng) EDITORIAL USE ONLYAP - PHNOM PENH, Cambodia — The Khmer Rouge tribunal's Supreme Court on Friday ordered the regime's chief jailer to serve out the rest of his life in prison because of his "shocking and heinous" crimes against the Cambodian people.

Australia's Gillard faces new leadership discontent

Posted: 02 Feb 2012 09:24 PM PST

CANBERRA (Reuters) - Growing speculation that Australian Prime Minister Julia Gillard could be dumped by her party before the end of the year forced senior ministers to rally behind her Friday after a disastrous start to 2012.
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