Monday, October 25, 2010

Buffett hires manager for portfolio management

Buffett hires manager for portfolio management

Buffett hires manager for portfolio management

Posted:

Warren E. Buffett announced on Monday that his company, Berkshire Hathaway, had hired a hedge fund manager to oversee a "significant portion" of its investment portfolio, adding one more name to the guessing game about his eventual successor.


Mass-murder terror plotter in Canada gets 16 years in jail

Posted:

Canada on Monday sentenced to 16 years the man behind the country's first Al-Qaida-inspired mass-murder plot unearthed in 2006. Known as the Toronto-18 terror plot, it was uncovered with the arrest of 18 people, mostly of Pakistani origin, in June 2006.


Is that a buffalo in the swimming pool?

Posted:

A north Georgia man said he and his wife received the fright of their life when they found the neighbour's buffalo in their swimming pool over the weekend. Chris Nonnemaker said the couple noticed two holes in the pool's cover and went outside to take a look on Saturday morning in White County.


Teenager known for hiccups now faces a murder charge

Posted:

Floridians frequently become famous either for heinous crimes or odd achievements, like building the world's largest rubber-band ball. Rarely, however, do the two intersect, which is why the Sunshine State marveled on Monday at the fate of Jennifer Mee.


Row over US swimmer's death during race in UAE

Posted:

The president of FINA said Sunday that "overexertion" led to the death of US national team swimmer Fran Crippen at a race in the United Arab Emirates and that swimming's governing body has launched an investigation into the tragedy.


US sceptical of Iran aiding Afghanistan

Posted:

A day after Afghan President Hamid Karzai said that once or twice a year Iran gives his office $700,000 to $975,000 for official presidential expenses, the United States said it "remains sceptical of Iran's motives" in providing money to Afghanistan.


Shoe thrown at former Australian PM

Posted:

Former Australian Prime Minister John Howard had two shoes hurled at him by an Iraq war protester during an appearance on ABC Australia's Q&A on Monday.


Stories of hope and hardship of ‘Los 33’

Posted:

José Ojeda can barely sleep without the comfort of a miner nearby to confide in when dreams shake him awake. Omar Reygadas, a great-grandfather more used to comforting than being comforted, cries easily. And Edison Peña, the miner who kept himself grounded by running miles underground most days, was hospitalized last week for emotional distress.


7.5-magnitude earthquake hits off Indonesia coast

Posted:

A strong earthquake hit off the western coast of Indonesia's Sumatra island late Monday, but no damage or casualties were immediately reported. The 7.5-magnitude temblor struck at a depth of 9 miles (15 kilometres) on a small island off Sumatra, the US Geological Survey said. A massive earthquake and tsunami struck off the same island in 2004.


France: Strikes costing up to $557 million per day

Posted:

France's massive strikes are costing the national economy up to euro400 million ($557 million) each day, the French finance minister said Monday as workers continued to block oil refineries and trash incinerators to protest a plan to raise the retirement age to 62.


Bedbugs scaring off tourists from New York

Posted:

New York City's bedbugs have climbed out of bed and marched into landmarks like the Empire State Building, Bloomingdale's and Lincoln Center, causing fresh anxiety among tourists who are canceling Big Apple vacations planned for the height of the holiday season.


Photos show Israeli troops abusing Palestinians

Posted:

Israeli reservists critical of their military's treatment of Palestinians have released new photos that appear to show Israeli soldiers holding assault rifles to the head of a blindfolded Palestinian man and spraypainting "Be right back" on the wall of a Gaza home.


Man brain damaged after nurse turns off ventilator

Posted:

A quadriplegic English man has been left brain damaged after a nurse accidentally switched off his ventilator — an act caught on a camera the patient had reportedly installed because he was concerned about the quality of his care.


Karzai says Iran, US give bags of money to help his office

Posted:

Afghan President Hamid Karzai said on Monday that once or twice a year Iran gives his office $700,000 to $975,000 for official presidential expenses - and that Washington also provides "bags of money" because his office lacks funds.


Bored lottery winner drinks himself to death

Posted:

A Briton who became bored after he gave up his job following his nine-million pound lottery win has drunk himself to death, a media report said Monday. Keith Gough, 58, was thought to be penniless when he died in March after suffering a heart attack brought on by drinking and stress, Daily Mail reported on its website.


Controlled explosion collapses Athens building

Posted:

A historical building in the centre of Athens was destroyed in 14 seconds on Sunday. The Navy Veterans Fund building was demolished in a controlled explosion A


Assange on Wikileaks’ Iraq war logs

Posted:

In the largest leaks of classified military documents in American history the whistleblower website Wikileaks released the 'The Iraq War Logs', which says US forces failed to stop numerous cases of prisoner abuse by Iraqi authorities.


Posted by Harshad at 11:16 PM

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