NEW YORK — Citigroup will lay off roughly 4,500 employees over the next few months, CEO Vikram Pandit said Tuesday, as Wall Street continues to bleed jobs amid tough economic times. Speaking at the Goldman Sachs Financial Services Conference in New York on Tuesday afternoon, Pandit said the cuts would come over the next few […]
Her Majesty’s Secret Service is going high tech and is looking for the UK’s best computer hackers to lead the way. This post was submitted by CNN/ IM.
A NASA team has found a small planet best positioned to have liquid water but has yet to determine whether it is solid. The most Earth-like planet ever discovered is circling a star 600 light years away, a key finding in an ongoing quest to learn if life exists beyond Earth, scientists have said. The […]
A rogue surgeon injects stem cells from a fetus into a sick man’s brain. The cells morph and form body parts. When the man dies, the pathologist finds cartilage, skin and bone clumped in his brain. The scene is not from a horror movie; it happened to Max Truex, a former Olympic runner who suffered […]
Editor’s Update:Â In the hours since we first reported this story, there have beenÂ significant developments. The University Council at the University of Georgia voted to pass a resolution which opposes the Board of Regents policy passed last fall. The policy forbids undocumented students from attending five of its top public universities. It’s a symbolic win for […]
New invention uses a fifth of wood and other natural materials normally consumed to cook a meal. Thousands of Indonesians are making their own contribution in the fight against climate change by cooking with a type of stove that does not use kerosene or gas. The inventor saysÂ the biomass stove, being cheap and easy to […]
First Lady Michelle Obama welcomes military families for a first peek at the White House holiday decorations. This post was submitted by The White House / IM.
Is it a bird? Is it a plane? No, it’s “Jetman” and this time he’s flying alongside real jets. This post was submitted by CNN/ IM.
Today, First Lady Michelle Obama received the official White House Christmas tree. The tree, a 19-foot balsam fir, arrived in a horse-drawn carriage and will be displayed in the Blue Room of the White House. It will be decorated in honor of military families. This year’s tree came from Schroeder’s Forevergreens in Wisconsin, a member […]
Chinese state media say a planned naval exercise that is causing concern in Japan is not related to recent maritime tensions in the Pacific region. Japan’s defense ministry reported Wednesday that six Chinese naval vessels have crossed between two of its islands into the western Pacific Ocean. The NHK television network said one of the […]
Photo: Reuters A general view of Filettino, Italy, a small town 70 km east of Rome that is trying to go independent and mint its own money in protest against government austerity cuts, August 2011. (file photo) Italy’s tough austerity drive includes plans to force local authorities to merge, in a bid to rein in […]
Hopes were dashed this week for bold congressional action to slow the growth of America’s $15 trillion national debt. A special bipartisan committee failed to agree on ways to trim the deficit by $1.2 trillion. But if Congress has shown itself incapable of boldly addressing the U.S. fiscal woes, consider this: current law, if unchanged, […]
President Obama wishes the American people a happy Thanksgiving — and gives a special thanks to the brave men and women serving overseas and those giving back to their communities during the holidays. This post was submitted by The White House / IM.
With banks scaling back, fears grow that regional economic powerhouse might slide into recession. Asia’s economies have so far managed to escape the economic crisis in Europe and the US. But that resilience seems to be waning as fears grow that Hong Kong – a regional economic powerhouse – could slide into recession. As Al […]
Sickening details of a plan to slaughter endangered orang-utans were revealed today with the arrest of two men taking part in a hunt-and-kill operation in the jungles of Indonesia. The palm oil workers were accused by police of hacking to death 20 orang-utans and a number of proboscis monkeys. But it is feared many more […]
CNN’s Eunice Yoon reports on the cost to traditional culture due to the New Silk Road This post was submitted by CNN/ IM.