Philippine, U.S. stage war games as South China Sea tension simmers

Philippine, U.S. stage war games as South China Sea tension simmers


Philippine, U.S. stage war games as South China Sea tension simmers

Posted: 24 Apr 2012 10:14 PM PDT

ULUGAN BAY, Philippines (Reuters) - Thousands of American and Philippine troops waded ashore on Wednesday in a mock assault to retake a small island in the South China Sea as tensions bubbled over rival claims to disputed areas rich in oil and gas. The drill, part of annual U.S.-Philippine war games on the western island of Palawan, comes after the Chinese military warned last week that the exercise raised the risks of armed confrontation over contested areas of the South China Sea. ...


Japan fears nuclear plant sits atop active geological fault

Posted: 24 Apr 2012 10:18 PM PDT

To match Feature JAPAN-NUCLEAR/ARCADETOKYO (Reuters) - A nuclear plant in northwestern Japan may be sitting right on top of an active geological fault, the country's nuclear watchdog has said, raising the risk that the facility may never resume power generation for fear of an earthquake. For the first time in more than 40 years, Japan faces the prospect of having no nuclear power within weeks, after last year's crisis at the Fukushima Daiichi nuclear plant crushed public trust in nuclear power and prevented the restart of reactors shut for regular maintenance checks. The fault fracture zone under the No.1 and No. ...



Mike Nichols Gave Gold Tiffany Lockets to All His "Death of a Salesman" Cast

Posted: 24 Apr 2012 10:19 PM PDT

We learned a lot yesterday at IAC chief ?s all-star lunch for director Mike Nichols and his production of ?Death of a Salesman.? Nichols gave every member of the ?Salesman? cast a gold locket from Tiffany. Inside there?s a picture of Arthur Miller. And on the back, a line of dialogue from each actor?s character. ...


Actions speak louder than words. My path to raising 1M for Silver Lining.

Posted: 24 Apr 2012 10:14 PM PDT

We are coming up on our 7 year anniversary.?? I have not raised any capital- I have completely bootstrapped Silver Lining until now.?? Exactly a year ago we??dramatically changed our business model from a consulting model to a SaaS model and I decided that I needed to raise capital to fund that pivot point, but ...


InterDigital Rallies On Report It Resumes Shopping Patents

Posted: 24 Apr 2012 09:54 PM PDT

Shares of the wireless technology IP play InterDigital traded higher Tuesday on a report that the company is once again shopping its patent portfolio. Back in January, the company announced that a review of strategic options that had begun in July 2011 failed to find a buyer. "We entered into the review of strategic alternatives ...


VIDEO: Mining asteroids for gold and platinum

Posted: 24 Apr 2012 04:58 PM PDT

Details have been emerging of the plan by billionaire entrepreneurs to mine asteroids for their resources.


VIDEO: Pakistan refugee camp 'now a town'

Posted: 24 Apr 2012 10:40 AM PDT

The BBC's Aleem Maqbool reports from the Jalozai refugee camp in the North West Frontier province of Pakistan.


Pakistan tests nuclear-capable ballistic missile

Posted: 24 Apr 2012 10:08 PM PDT

ISLAMABAD (Reuters) - Pakistan successfully test-fired a nuclear-capable ballistic missile on Wednesday, the military said, less than a week after rival India tested a missile capable of delivering nuclear warheads as far as Beijing and Eastern Europe. Pakistan's Shaheen-1A is an intermediate range ballistic missile, capable of reaching targets in India. Military officials declined to specify the range of the missile. The missile's impact point was in the Indian Ocean. India and Pakistan have fought three full-scale wars since they were carved out of British India in 1947. ...


Japan fears nuclear plant sits atop active geological fault

Posted: 24 Apr 2012 10:22 PM PDT

TOKYO (Reuters) - A nuclear plant in northwestern Japan may be sitting right on top of an active geological fault, the country's nuclear watchdog has said, raising the risk that the facility may never resume power generation for fear of an earthquake.


Pakistan conducts ballistic missile test

Posted: 24 Apr 2012 11:00 PM PDT

Military says test of intermediate range missile capable of carrying nuclear weapons was successful.


Philippine, U.S. stage war games as South China Sea tension simmers

Posted: 24 Apr 2012 10:14 PM PDT

ULUGAN BAY, Philippines (Reuters) - Thousands of American and Philippine troops waded ashore on Wednesday in a mock assault to retake a small island in the South China Sea as tensions bubbled over rival claims to disputed areas rich in oil and gas.


Pakistan tests nuclear-capable ballistic missile

Posted: 24 Apr 2012 10:09 PM PDT

ISLAMABAD (Reuters) - Pakistan successfully test-fired a nuclear-capable ballistic missile on Wednesday, the military said, less than a week after rival India tested a missile capable of delivering nuclear warheads as far as Beijing and Eastern Europe.


How Activist is Your Index Fund?

Posted: 24 Apr 2012 09:48 PM PDT

Index funds are passive investors. Whether mutual or exchange-traded, an index fund outsources ?stock picking? to the index provider. The rest of its??operations are designed to stay the course. But investment rigidity does not??necessarily mean that??the fund hangs it up??on corporate governance. With executive compensation in the spotlight this proxy season, it?s worth knowing where ...


Disney/Pixar's Brave First Film With Dolby Atmos Audio

Posted: 24 Apr 2012 09:41 PM PDT

A little update: Dolby Laboratories CEO Kevin Yeaman announced Tuesday that the Disney/Pixar release Brave will be the first film to be released using the new Dolby Atmos audio platform. The company unveiled Dolby Atmos on Monday. As I noted in my previous post, the new Dolby system does several things to improve movie theater ...


Formula One Adds Banks for Singapore IPO

Posted: 24 Apr 2012 09:30 PM PDT

Private-equity firm CVC Capital Partners has mandated UBS and Morgan Stanley as lead bankers to join Goldman Sachs Group on the $2.5 billion initial public offering in Singapore of its Formula One Group franchise.


How to thrive in challenging times

Posted: 24 Apr 2012 09:14 PM PDT

While you can't control the economy or the other forces of change, you can position yourself to survive and even thrive in challenging times. Here are ten tips to consider, whether you feel secure or think your job may soon disappear.


China Escalates Crackdown on Internet Amid Scandal

Posted: 24 Apr 2012 10:16 PM PDT

China has stepped up its campaign to clamp down on the Internet, which has emerged as a virtual town square for exchanging information about the Bo Xilai scandal and the nation's biggest political upheaval in years.


Son of ousted China politician makes first comments

Posted: 24 Apr 2012 10:47 PM PDT

File photo of China's former Chongqing Municipality Communist Party Secretary Bo looking on during a meeting at China's parliament in BeijingBEIJING (Reuters) - Ousted Chinese politician Bo Xilai's son has commented publicly for the first time since his parents came under investigation, seeking to refute rumors about his overseas education and perceived extravagant lifestyle but declining to comment on the probe. In a statement published on Tuesday by the student newspaper at Harvard University, Bo Guagua said he felt compelled to provide "an account of the facts" in response to speculation about his private life and family. ...



China says did not start standoff in South China Sea

Posted: 24 Apr 2012 07:58 PM PDT

BEIJING (Reuters) - China did not start the current standoff in the South China Sea, a senior Chinese diplomat said on Wednesday, ahead of high-level talks with the Obama administration as tensions simmer between Beijing and the Philippines over the disputed waters. Chinese Vice Foreign Minister Cui Tiankai made the comments at a news briefing in Beijing before an annual strategic and economic dialogue with senior U.S. officials next week. Cui said China was committed to dialogue and diplomacy to resolve the sovereignty dispute over the region. ...


VIDEO: Germany holds beard championships

Posted: 24 Apr 2012 08:23 PM PDT

The 2012 International German Beard and Moustache Championships have been held in Germany, with entrants competing in categories including Imperial Moustaches and Dali Moustaches.