Archive for February 27th, 2010
Storm lashes Spain and Portugal
Powerful winds lash Spain, Portugal and France, officials say, a week after parts of Madeira were flooded.
No CommentsRussia blames Nato for drug surge
The head of Russia’s drug control agency accuses Nato of not doing enough to curb Afghanistan’s heroin production.
No CommentsBuffett criticizes corporate risk management (AP)
AP - Billionaire Warren Buffett said Saturday that CEOs and the boards that hired them should pay a steep price if their companies get into trouble with risky investments.
Paper gains drive Berkshire’s profit skyward (AP)
AP - Berkshire Hathaway Inc. delivered a fourth-quarter profit more than 25 times higher than the previous year thanks largely to an unrealized $1 billion gain on derivative contracts and investments.
Obama to GOP on health care: `Let’s get this done’ (AP)
AP - President Barack Obama said Saturday he is ready to compromise with Republicans on health care if they are serious about it, but that an overhaul must go forward. “Let’s get this done,” he said.
China premier: 2010 ‘most complicated’ for economy (AP)
AP - China’s premier says 2010 will be the most complicated year for the country’s economy, and he promises the government will fight inflation and soaring property prices.
Iris scans may prevent mistaken release of inmates (AP)
AP - A Baltimore inmate who bluffed his way out of prison probably wouldn’t have tricked guards if they had eye-scanners such as those being installed at dozens of jails nationwide.
Massive earthquake strikes Chile
A massive 8.8 magnitude quake hits central Chile, north-east of the city of Concepcion, killing at least 78 people, ministers say.
No CommentsKohl critical of NBC online Olympic coverage (AP)
AP - A Democratic senator criticized NBC on Friday for its handling of online access to the Vancouver Olympics, calling it unfair and restrictive.
No CommentsUribe fails in Colombia term bid
Constitutional judges in Colombia reject a referendum to allow President Alvaro Uribe to stand for a third term in office.
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