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It was the biggest day yet in the Republican presidential race. Mitt Romney hoped that Super Tuesday would reinforce his frontrunner status. And to some degree it did. He won six of the 10 states, including the most populous and hotly contested state, Ohio.
In Houston Tuesday, a federal jury convicted Texas financier R. Allen Stanford of running a massive Ponzi scheme. Jurors agreed with prosecutors, who claimed he ran a global scheme that lasted more than 20 years and involved more than $7 billion in investments.
When Lehman Brothers collapsed in 2008, it was the largest bankruptcy in U.S. history. More than three years later, Lehman is emerging from Chapter 11. The firm is really just back in business to liquidate itself. Lehman has about $65 billion in assets that it intends to distribute among its many creditors starting next month.
And our last word in business today is: culinary frontiers.
When companies come into foreign markets, they often devise products that reflect local tastes - kosher Big Macs in Israel, for instance. So with Dunkin Donuts aiming to nearly double its outlets in China, it has come up with pork donuts.
The elite athletes who travel to London for this summer's Olympic Games will include petite gymnasts, huge wrestlers — and elite horses, which compete in dressage and other events. Getting these strong and delicate animals to the Olympics is no job for an amateur. In fact, it's the job of Tim Dutta, who owns an international horse transport company.
Coaches and managers, as a group, have always been pretty straightforward types. We don't think of generals or preachers as humorists — and, after all, that's pretty much what coaches are, a hybrid of the military and the pulpit.
But at least in the past, there were always a fair complement of coaching characters: old cracker-barrel philosophers, feisty wise guys and even a few sardonic intellectuals.
Rising gas prices have been the big energy story of the past several weeks. But many energy experts say that's a sideshow compared with the really big energy event — the huge boom in oil and natural gas production in the U.S. that could help the nation reach the elusive goal of energy independence.
Since the Arab oil embargo of 1973, energy independence has been a Holy Grail for virtually every American president from Richard Nixon to Jimmy Carter to Barack Obama.
Russian tanks drive through Moscow's Red Square during a military parade in May 2011, in commemoration of the end of World War II. Russian leader Vladimir Putin has called for revamping Russia's military for years, but the results have been limited.
Credit Natalia Kolesnikova / AFP/Getty Images
Russian President Dmitry Medvedev (left), Prime Minister Vladimir Putin and World War II veterans watch Victory Day celebrations in Moscow last May. Putin says his proposed military modernization will cost the equivalent of about $770 billion over the next 10 years.
Every May, Russia displays its military might in a parade on Victory Day, commemorating the surrender of the Nazis to the Soviet Union in World War II.
The marching men and rolling tanks put on an impressive show, but Russia's military, and especially its defense industry, has fallen on hard times.
"The industry, much like other parts of the economy, hasn't seen proper investment for over a decade, if not more," says Lilit Gevorgyan, a Russia analyst for the defense industry consultant IHS Jane's.
OK, so this story is about weeds and weedkillers, neither of which is ever the hero of a story, but stay with me for a second: It's also about plants with superpowers.
Unless you grow cotton, corn or soybeans for a living, it's hard to appreciate just how amazing and wonderful it seemed, 15 years ago, when Roundup-tolerant crops hit the market. I've seen crusty farmers turn giddy just talking about it.
As advertisers continue to bail from "The Rush Limbaugh Show" after the host called a law student a "slut" and "prostitute," the superPAC supporting GOP presidential candidate Newt Gingrich has essentially doubled down.
Gingrich himself has denounced Limbaugh's remarks, but it hasn't cooled the pro-Gingrich group Winning Our Future.
Originally published on Wed March 7, 2012 12:07 pm
ESPN is reporting that sources close to the NFL's Indianapolis Colts say the team is going to let star quarterback Peyton Manning become a free agent.
An announcement is due Wednesday, the network adds.
Manning, who has spent his entire 14-year career with the Colts and is a lock to be a hall of famer, "missed the entire 2011 season after having his third neck surgery in 19 months, a fusion of two vertebrae," as ESPN writes.
Federal health officials Tuesday called on hospitals, nursing homes, clinics and doctors' offices to work harder to fight the spread of a dangerous bacterial infection that can cause life-threatening diarrhea and other complications.
While other health-care related infections have been decreasing in recent years, cases of Clostridium difficile, or C. diff, continue rising, according to Clifford McDonald of the federal Centers for Disease Control and Prevention.
Super Tuesday was an almost perfect reflection of the Republican presidential primary process so far this year.
Mitt Romney won the most states and built up a solid lead in delegates. Yet he was forced to vastly outspend his nearest rival to win the most important contest — Ohio, where he narrowly defeated Rick Santorum.
Romney won five other states, but Santorum captured three, and former House Speaker Newt Gingrich won one.
It's been this way for Romney all year. With a potentially game-changing contest on the line, Romney has always found a way to win.
Apple has about 47,000 workers in the U.S. That's not a huge amount for such a profitable and influential company. Now the tech giant is saying it has actually created about 10 times that many jobs indirectly.
Some economists are skeptical of the claim. And the move comes as Apple is facing increased criticism and scrutiny over labor practices at factories it outsources to in China.
Federal prosecutors have charged five men with responsibility for some of the biggest computer hacks in the past few years. The FBI says the hackers penetrated the computer systems of businesses like Fox Broadcasting and Sony Pictures, stole confidential information and splashed it all over the Internet.
But what's most unusual about the case is how investigators cracked it — with the help of an insider who became a secret government informant.
The film version of the young adult book sensation The Hunger Games opens March 23rd. The hype around the movie has sent the sales of the already best-selling trilogy to new heights. And publishers are eagerly churning out more books set in post apocalyptic dystopian worlds — just like The Hunger Games.
The latest federal review of the 2010 Upper Big Branch mine explosion again blames Massey Energy for the deaths of 29 coal miners and says Mine Safety and Health Administration (MSHA) failures did not directly contribute to the blast.
April Casanova-Rios (second from right) visits the school health center at Abraham Lincoln High School in Los Angeles with her family. Her son, Isaiah Casanova (to her right), is a sophomore at the school.
Under the federal health care law, money is going out around the country to help school campuses boost health services for their students.
At Abraham Lincoln High School in Los Angeles students often visit a modest trailer at the back of the sprawling campus. It's in a neighborhood near downtown L.A. where houses are missing windows and have peeling paint.