VIDEO: Philippines firearms industry booms

VIDEO: Philippines firearms industry booms


VIDEO: Philippines firearms industry booms

Posted: 20 Mar 2013 08:44 PM PDT

Owning a firearm is not illegal in the Philippines and manufacturing guns has become a lucrative job for many locals.

Myanmar riots stoke fears of widening sectarian violence

Posted: 21 Mar 2013 11:10 PM PDT

MEIKHTILA, Myanmar (Reuters) - Unrest between Buddhists and Muslims in central Myanmar has reduced neighborhoods to ashes and stoked fears that last year's sectarian bloodshed is spreading into the country's heartland in a test of Asia's newest democracy.

VIDEO: Thatcher papers on Falklands released

Posted: 21 Mar 2013 11:14 PM PDT

Margaret Thatcher's anxiety over going to war in the Falkland Islands has been revealed in newly-released papers from her personal archive.

HP Raises Dividend by 10%

Posted: 21 Mar 2013 10:48 PM PDT

On Thursday, March 21, HP announced that its quarterly dividend would be increased by 10% to $0.1452 per share per quarter for a yearly amount of $0.5808 per share.  This is the second 10% year over year increase with the previous increase announced a year ago.

VIDEO: Mystery of Chile's crustacean carpet

Posted: 20 Mar 2013 09:57 PM PDT

Authorities in Chile are investigating why thousands of prawns were washed up on a beach in the coastal city of Coronel, covering it with a layer of pink.

A New Union of Mobile, Computer and Enterprise Interfaces

Posted: 21 Mar 2013 10:06 PM PDT

PCI-SIG, the trade group for the PCIe interface that is used in computer peripheral boards and increasingly is being used as a more general communication and storage interface announced a low power capability to support high speed interfaces for battery powered mobile platforms.  This new mobile PCIe interface is the result of a collaboration between MIPI and PCI-SIG.  MIPI is a trade group that develops interface specifications for mobile devices.

CMS on Obamacare's Health Insurance Exchanges: 'Let's Just Make Sure It's Not a Third-World Experience'

Posted: 21 Mar 2013 10:05 PM PDT

Obamacare's reorganization of the U.S. health care system is slated to go on-line on January 1, 2014. That's when the law's key provisions go into effect: its individual mandate; its rules requiring higher premiums for young people; and its expansion of insurance coverage through Medicaid and the law's subsidized private insurance exchanges. Increasingly, officials in the Obama administration are worried that the rollout of the exchanges will be chaotic, given the law's complexity and unrealistic deadlines. "We are under 200 days from open enrollment" on the exchanges, noted Henry Chao, deputy chief information officer at the Centers for Medicare and Medicaid Services, at a recent conference. "I'm pretty nervous—I don't know about you."

Computer Simulation Suggests That The Best Investment Strategy Is A Random One

Posted: 21 Mar 2013 09:14 PM PDT

There are lot of different opinions on what the best investment strategy is. Roughly as many as there are investors, probably. But there's now a fascinating line of research that suggests that the best strategy for investment isn't any kind of plan at all. Rather, the authors of a new study suggest, the best way to invest is to invest randomly.

Life Science Venture Financing Terms: Favorable Five Year Trends

Posted: 21 Mar 2013 09:10 PM PDT

Euphoria in the markets seems like a common theme these days.  In fact, this week the NASDAQ Biotech Index (NBI) hit its all time high, even higher than in the 2000 genomics bubble.  It's up 49% since Jan 2012.  Add to this the recent DowJones report that late stage venture rounds (across all sectors), have risen to post-2000 bubble records.

UN votes to probe NKorea suspected rights abuses

Posted: 21 Mar 2013 06:56 PM PDT

Children shout slogans during a rally to promote peace on the Korean peninsula at the Unification Bridge near the border village of Panmunjom in Paju, South Korea,Thursday, March 21, 2013. North Korea has threatened revenge for the sanctions and for ongoing U.S.-South Korean military drills, which the allies describe as routine but which Pyongyang says are rehearsals for invasion. (AP Photo/Ahn Young-joon)GENEVA (AP) — The United Nations' top human rights body unanimously approved Thursday a formal probe into North Korea for possible crimes against humanity.


New Archbishop of Canterbury enthroned in UK

Posted: 21 Mar 2013 08:39 PM PDT

Justin Welby sworn in as 105th Archbishop of Canterbury, head of Church of England, and spiritual leader of Anglicans.

Madrid Impresses IOC With 2020 Games Bid

Posted: 21 Mar 2013 08:42 PM PDT

International Olympic Committee inspectors gave high marks to Madrid's bid to host the 2020 Summer Games.

SKorea ready for more cyberattacks; banks recover

Posted: 21 Mar 2013 08:53 PM PDT

Customers use the automated teller machine at a branch of Shinhan Bank in Seoul, South Korea, Thursday, March 21, 2013. Investigators have traced a coordinated cyberattack that paralyzed tens of thousands of computers at six South Korean banks and media companies to a Chinese Internet Protocol address, authorities in Seoul said Thursday. (AP Photo/Lee Jin-man)SEOUL, South Korea (AP) — South Korea said Friday it was preparing for the possibility of more cyberattacks as a new team of investigators tried to determine if North Korea was behind a synchronized shutdown of tens of thousands of computers at six South Korean banks and media companies.


New China president to meet Russia's Putin

Posted: 21 Mar 2013 07:50 PM PDT

First official trip abroad by Xi Jinping expected to bolster "strategic partnership" and trade that hit $87.5bn in 2012.

30 Under 30: Energy

Posted: 21 Mar 2013 07:51 PM PDT

The Next Energy Shortage: Big Oil CEOs

Posted: 21 Mar 2013 07:51 PM PDT

This is a guest article written by Carol Singleton Slade, Steve Goodman, Trent Aulbaugh, and Roger Aguirre in the Global Energy Practice of Egon Zehnder. The firm specializes in CEO and senior-level executive search, board consulting and director search, management appraisals and talent management. 

VIDEO: Terror in US shop as gunman opens fire

Posted: 21 Mar 2013 08:02 PM PDT

US police in Philadelphia are trying to find a man who fired into an Asian food store and wounded three people on Tuesday night.

U.S. optimistic for Chinese action on North Korea

Posted: 21 Mar 2013 08:12 PM PDT

BEIJING (Reuters) - The United States is optimistic China will take action against North Korea by increasing scrutiny of financial transactions to Pyongyang that could contravene fresh U.N. sanctions, a senior U.S. envoy said on Friday.

U.S. optimistic for Chinese action on North Korea

Posted: 21 Mar 2013 08:12 PM PDT

Under Secretary of the Treasury for Terrorism and Financial Intelligence Cohen speaks about HSBC during a news conference in New YorkBEIJING (Reuters) - The United States is optimistic China will take action against North Korea by increasing scrutiny of financial transactions to Pyongyang that could contravene fresh U.N. sanctions, a senior U.S. envoy said on Friday. Stopping illicit money flows are a key part of the sanctions imposed on North Korea in response to its February 12 nuclear test. China is Pyongyang's sole diplomatic and economic ally, although it negotiated the latest sanctions with Washington and has said it wanted them implemented. ...


Italy to return 2 marine murder suspects to India

Posted: 21 Mar 2013 07:18 PM PDT

Italian marines Massimiliano Latorre, left, and Salvatore Girone arrive at the military prosecutor's office in Rome Wednesday, March 20, 2013. A military prosecutor in Rome is questioning the two Italian marines India is insisting return to face trial in the deaths of two fishermen. India's Supreme Court barred the Italian ambassador from leaving the country after the Italian government refused to return the marines to India. The two have been charged in India with killing two Indian fishermen whom the marines say they mistook for pirates. (AP Photo/Riccardo De Luca)ROME (AP) — Italy said it would return two marines to India by Friday to face murder charges in the shooting deaths of two fishermen, reversing a decision that escalated diplomatic tensions.


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