Monthly Archives: January 2009
Corporate America and Europe hemorrhage jobs
By Calvin Palmer Today, corporate America and companies in Europe, faced by falling profits, reduced demand and a gloomy forecast of lowered global growth from the International Monetary Fund, announced job losses totaling more than 70,000 in an attempt to … Continue reading
Italian group buys majority stake in New York landmark building
By Calvin Palmer Italian real estate investor Sorgente Group has just bought a majority stake in New York’s landmark Flatiron Building and plans to turn it into a luxury hotel. The group, based in Rome, would not reveal how much it paid … Continue reading
Global financial crisis claims Iceland’s government
By Calvin Palmer Iceland’s coalition government collapsed today and becomes the first government to fall because of the global financial crisis. Prime Minister Geir Haarde announced he would hand in his resignation to President Olafur Ragnar Grimsson. “I really regret … Continue reading
Study identifies three factors to guide preventative mastectomy decision
By Calvin Palmer Researchers at the University of Texas M.D. Anderson Cancer Center have identified three factors that can determine whether a woman with cancer in one breast should decide to have a double mastectomy to prevent cancer in the … Continue reading
School basketball coach fired following team’s 100-0 win
By Calvin Palmer The coach of the Dallas high school basketball team that chalked up a 100-0 victory over another school was fired yesterday. Coach Micah Grimes also posted a message yesterday on a youth basketball Web site, saying he … Continue reading
Prince Harry and Chelsy split up
By Calvin Palmer Prince Harry and his girlfriend, Chelsy Davy, have split up after a five-year romance. One senior royal source who knows the couple told The Sunday Telegraph: “It is true: they have parted. It’s amicable but the relationship … Continue reading
Filed under News, United Kingdom
Avalanche kills three climbers in Scottish Highlands
By Calvin Palmer Three climbers were killed today after being caught up in an avalanche on a mountain in the Scottish Highlands. Two rescue helicopters were scrambled and members of the Glencoe Mountain Rescue Team headed for the scene on the 3,353-feet … Continue reading
Filed under News, United Kingdom
Mariana loses battle against infection
By Calvin Palmer The Brazilian model whose feet and hands were amputated by doctors in an attempt to save her life died early this morning. Mariana Bridi da Costa, 20, died at 2:30 from complications related to an infection by … Continue reading
Filed under News
