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    Will China regret arresting Ai Weiwei?

    New York – The Chinese government has been widely condemned for its detention of the noted artist on suspicion of “economic crimes” It’s been almost two weeks since one of China’s most famous artists, the maverick prankster Ai Weiwei, was detained by his government for “economic crimes.” Best known for his work on Beijing’s “Bird Nest” Olympic Stadium,...

    Most House Democrats Reject Obama’s Austerity Budget Deal With GOP

    The Nation — President Obama cut a budget deal with Congressional Republican leaders that outlined draconian cuts to needed programs while doing little if anything to address a supposed fiscal crisis. As such, it was a classic austerity agreement that served the special interests that dominate the upper ranks of both parties while ill-serving the great mass of Americans. Congress has approved the deal...

    Goldman Sachs execs: Going to jail, after all?

    New York – Sen. Carl Levin says the bank misled its clients and Congress and that Goldman executives could still face charges. How likely is that? Goldman Sachs manipulated financial markets, profited from the housing crisis, and misled its clients and Congress, according to a 635-page report released Wednesday by a Senate subcommittee. Sen. Carl Levin (D-Mich.), the chairman of the Senate Permanent Subcommittee...

    Death of World’s Oldest Man One Less Link to the 1800s

    COMMENTARY | Walter Breuning passed away Thursday at the age of 114, vacating his spot as the world’s oldest living man. He was 26 days younger than Besse Coope, who is currently at the top of the list as the oldest living person. This death comes as no surprise. The ultimate statistic is that 10 out of 10 people will die. Besse will someday pass away as well, and another supercentenarian will be in line...

    The Long Island Serial Killer is Not Alone

    Ten sets of human remains have been found along Ocean Parkway and Jones Beach Parkway running east of Jones Beach along the south shore of Long Island, N.Y. The coast is a maze of bogs, marshes, inlets and ponds. Barrier islands buffer the wetlands from the seas of the North Atlantic. The first four bodies were discovered in December as police searched for a missing woman. Four more bodies were discovered in...

    What Sex Has to Do With Getting Ahead at Wal-Mart: Ann Woolner

    If you want to know why so few women hold executive positions at Wal-Mart Stores Inc. (WMT), here's the answer the Walton Institute gives out to management trainees: Women aren’t as aggressive at seeking promotions as men. Not surprisingly, women at Wal-Mart have a different explanation: Management stereotypes employees by gender (see example above). Women from Florida to Alaska swear in court papers...

    How to Avoid the Pitfalls of a New Tech Bubble: Matthew Lynn

    Initial public offerings. Big takeovers. Nerdy 20-somethings getting rich quickly. To borrow a phrase from an old Prince song, the markets are suddenly partying like it's 1999 again. The tech bubble is back. Facebook Inc. is commanding an enormous valuation. So are Groupon Inc., Twitter Inc. and LivingSocial.com. Even Rovio Mobile Oy, the small Finnish company behind the hit app Angry Birds, looks like it...

    Dirty Little Secret Unravels in Bermuda Blunder: Jonathan Weil

    One of the long-standing raps on the auditing profession is that too many of its practitioners suffer from a check-the-box mentality, where rigid adherence to mindless rules obscures their ability to see the bigger picture. For once, that mindset has worked to investors’ advantage. Two weeks ago, the Public Company Accounting Oversight Board released its triennial inspection report on the Hamilton, Bermuda-based...

    IPad-Eating Central Bankers Face Inflation Surge: William Pesek

    The economics of production is unpredictable. Just ask Steve Jobs. Stock analysts are buzzing about how Japan's unfolding crisis will affect production of iPhones and iPads. The country is a vital hub for everything from flash memory chips to batteries to the touch-screen overlay glass used in the Apple Inc. (AAPL) chief executive officer's products. A month ago, the worry was that companies were putting...

    Oakland A's Owner Wolff Seeks $1.8 Billion From Hotels as Sales Considered

    Lew Wolff, co-owner of the Oakland Athletics baseball team, began acquiring luxury hotels in the 1990s, when they were considered a risky investment. Now he may be selling as rivals are buying properties. Maritz, Wolff & Co., the Los Angeles-based company founded in 1994 by Wolff and Philip “Flip” Maritz, has cut its portfolio to nine hotels, including Manhattan's Carlyle, from almost 50 a decade...

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