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Moderate Damage Reported by no injuries in California Quake
An earthquake hit in northeastern California, with officials reporting no injuries but moderate damage. A water tank that was used to supply water to hundreds of area homes for drinking was destroyed said local authorities on Friday. The quake, that registered a magnitude of 5.7 caused items to fall off store shelves and downed numerous [...]
Soldier charged for videotaping Cadets
On Thursday, soldier in the U.S. Army was charged with videotaping female cadets while they were taking a shower and in other places at West Point’s U.S. Military Academy. This is just one more development in the growing sexual assault scandal that has given the Defense Department a black eye. Officials from the Army said [...]
FBI shoots and kills man who knew Boston Bomb Suspect
Early Wednesday, in Orlando the FBI fatally shot a man who had been questioned prior for a number of hours over his alleged ties with Tamerlan Tsarnaev, the suspect in the Boston Marathon bombing. Unidentified sources said that an FBI agent had shot and fatally wounded Ibragim Todashev a 27-year old. The victim allegedly tried [...]
Profit Increases For Anheuser-Busch InBev In First Quarter (NYSE:BUD)
Anheuser-Busch InBev reported that profit increased slightly in the first quarter. Earnings rose 0.9 percent to $3.43 billion, excluding interest, taxes, depreciation and amortization. However, the company missed first-quarter profit forecasts and lost market share. Earnings were below the lowest forecasts made by analysts. Anheuser-Busch is the currently world’s largest brewer. The company makes Budweiser, [...]
Pfizer’s Earnings Receive Boost From Joint Venture With China (NYSE:PFE)
Earnings soared 53 percent in the quarter at Pfizer as the company benefited from a boost from a joint venture in China. However, the results fell short of Wall Street expectations. The company reported net income of $2.75 billion, or 38 cents a share, in the first quarter. This increased from $1.79 billion, or 28 [...]
Guatemala’s Highest Court Throws Out Genocide Conviction
The top court in Guatemala overturned the genocide conviction of Efrain Rios Montt the former dictator of Guatemala. The court ordered the trial to begin again in the middle of its proceedings. The ruling on Monday threw the process into disarray just 10 days after the trial was hailed as historic for the first guilty [...]
Union For Immigration Officers Speaks out against Immigration Legislation
The head of one immigration union that represents over 12,000 federal immigration workers said on Monday that his group would join a growing list of organizations that are similar and are opposed to the immigration legislation that was drafted by eight bipartisan lawmakers and is currently being considered by Congress. The organization the National Citizenship [...]
European Medicine Regulator Says Benefits outweigh Risks in Diane-35
The medicine watchdog in Europe announced on Friday that the benefits of Diane-35, the acne drug, also used commonly as a contraceptive, outweigh the possibility of blood clots developing in veins, when the medicine is correctly prescribed. The risk of developing a clot is low, said the European Medicines Agency in a ruling that had [...]
Financial Advisor Disagrees with Governor Brown’s Budget Outlook
According to a top budget advisor for the California legislature, the financial picture in California is much better that what Governor Jerry Brown has suggested. The advisor says the state would have more than $3.2 billion to spend than what Governor Brown had estimated. Wall Street improvements and the increase in the housing market in [...]
Google Focuses On Innovations As Search Business Comes Under Fire (NASDAQ:GOOG)
Google’s executives told shareholders that while its core search business is under threat from competitors, there is no reason to worry because the company has its eye on a future where Google’s innovative new products change the way that people interact with the world. Google is attempting to develop computers that talk to users, drive [...]