WASHINGTON: Morgan Stanley agreed Monday to pay a $5 million fine to settle charges that it improperly handled crucial information on Facebook's earnings ahead of the company's disastrous IPO.The securities regulator of the state of Massachusetts had charged that Morgan Stanley, the lead underwriter for the $16 billion stock issue in May, coached Facebook on how to present lowered earnings...
Shinde nails Pak lie on Hafiz Saeed's arrest in 26/11 case
Label: Lifestyle NEW DELHI: Pakistan's claim that it had "arrested" 26/11 mastermind Hafiz Saeed in connection with the Mumbai terror attacks has turned to be incorrect as the Lashkar-e-Taiba chief was picked up for unrelated cases and Islamabad hoodwinked India by concealing these facts. Indian officials belatedly realized that they were taken for a ride when they examined documents given to them on Saeed by...
Experts: No link between Asperger's, violence
Label: HealthNEW YORK (AP) — While an official has said that the 20-year-old gunman in the Connecticut school shooting had Asperger's syndrome, experts say there is no connection between the disorder and violence.Asperger's is a mild form of autism often characterized by social awkwardness."There really is no clear association between Asperger's and violent behavior," said psychologist Elizabeth Laugeson, an assistant...
Gunman's Computer Damaged, Drive Possibly Ruined
Label: Business A computer at the Connecticut home where Newtown, Conn., school shooter Adam Lanza lived with his mother was badly damaged, perhaps smashed with a hammer, said police who hope the machine might still yield clues to the gunman's motive.The computer's hard drive appeared to have been badly damaged with a hammer or screw driver, law enforcement authorities told ABC News, complicating...
Clinton gets accountability report on Benghazi attacks
Label: WorldWASHINGTON (Reuters) - Secretary of State Hillary Clinton on Monday received an official review of the September attack on a U.S. diplomatic mission in Benghazi, Libya, setting the stage for testimony on an incident that prompted a political furor and sharp questions about security at U.S. diplomatic facilities overseas. The State Department said Clinton - who is convalescing after suffering...
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Football: Real Madrid held by Espanyol, pressure builds on Mourinho
Label: Technology MADRID: A late goal from substitute Juan Albin gave Espanyol a 2-2 draw against stuttering Real Madrid who will be 13 points off La Liga leaders Barcelona if they beat second-placed Atletico Madrid later Sunday.The pressure is now firmly on coach Jose Mourinho with the reigning champions unable to beat relegation-threatened Espanyol.Cristiano Ronaldo equalised for Madrid on the stroke...
Law will take its course on Wal-Mart: Tewari
Label: Lifestyle NEW DELHI: The government on Sunday said it will act against Wal-Mart if any violation by the global retail giant to gain entry into the Indian market is established. "If at all any investigation does conclusively establish that there has been a violation of Indian laws... law will take its own course," information and broadcasting minister Manish Tewari said in a TV interview. The minister also...
Experts: No link between Asperger's, violence
Label: HealthNEW YORK (AP) — While an official has said that the 20-year-old gunman in the Connecticut school shooting had Asperger's syndrome, experts say there is no connection between the disorder and violence.Asperger's is a mild form of autism often characterized by social awkwardness."There really is no clear association between Asperger's and violent behavior," said psychologist Elizabeth Laugeson, an assistant...
Conn. Shooter Had Hundreds of Rounds
Label: Business Adam Lanza had hundreds of rounds and used multiple high capacity magazines when he went on a rampage at Sandy Hook Elementary School, killing 20 first graders and six adults, Connecticut State Police said today.After shooting at victims in two classrooms and a hallway with a high-powered semi-automatic rifle, he put a bullet into his own head with a handgun."The weapon that...
Japan's next PM Abe must deliver on economy, cope with China
Label: WorldTOKYO (Reuters) - Japan's hawkish ex-premier Shinzo Abe will get a second chance to run the country after his conservative Liberal Democratic Party (LDP) surged to power in Sunday's election, but must swiftly move to bolster the sagging economy while managing strained ties with China. Abe, whose party won by a landslide just three years after a crushing defeat, was expected on Monday...
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