US jobless claims recede, still show Sandy impact

WASHINGTON: US jobless claims fell back to 393,000 in the most recent week, the Labour Department said on Thursday, still showing the impact of superstorm Sandy which blasted the Northeast in late October.Claims in the week to November 24 fell from 416,000 the previous week and 451,000 in the November 10 week.But they remained well above the 360-380,000 range held most of this year.The...

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Facebook case: Maharashtra Police to drop case against girls

MUMBAI: Facing flak, Maharashtra Police today decided to drop charges against the two girls whose arrests over their Facebook post criticising the shutdown here during Bal Thackeray's funeral sparked a national outrage.In a relief to the girls, the dropping of charges came on a day when the Supreme Court said it was considering to take suo motu cognisance of recent incidents of arrest of people...

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Caterpillar Fungus Has Anti-Inflammatory Properties

In the Tibetan mountains, a fungus attaches itself to a moth larva burrowed in the soil. It infects and slowly consumes its host from within, taking over its brain and making the young caterpillar move to a position from which the fungus can grow and spore again. Sounds like something out of science fiction, right? But for ailing Chinese consumers and nomadic Tibetan harvesters, the parasite...

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Two Winners in Record Powerball Jackpot

Winning tickets for the record Powerball jackpot worth more than $587 million were purchased in Arizona and Missouri.Missouri Lottery official Susan Goedde confirmed to ABC News this morning that one of the winning tickets was purchased in the state, but they would not announce which town until later this morning.Arizona lottery officials said they had no information on that...

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President Tony Tan meets Indonesian counterpart in Jakarta

SINGAPORE: Singapore President Tony Tan Keng Yam met his Indonesian counterpart Dr Susulio Bambang Yudhoyono in Jakarta on Wednesday.Dr Tan is on a state visit to Indonesia at the invitation of President Yudhoyono, who received the Singapore president at the Merdeka Palace in Jakarta with a full ceremonial welcome.Dr Tan last visited Indonesia on an official visit in 2005, soon after President...

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Youth detained for posting 'abusive' comments against Raj Thackeray on Facebook

MUMBAI: While the Bal Thackery Facebook controversy that led to the arrest of two girls is still going on, another incident of detention of a 20-year-old computer student over his alleged abusive comments against Maharashtra Navnirman Sena (MNS ) leader Raj Thackeray surfaced in Palghar city on Wednesday.The "abusive" comment came at a time when the Palghar taluka unit of the Shiv Sena had called...

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Pictures: Falcon Massacre Uncovered in India

Photograph courtesy Conservation IndiaA young boy can sell bundles of fresh Amur falcons (pictured) for less than five dollars. Still, when multiplied by the thousands of falcons hunters can catch in a day, the practice can be a considerable financial boon to these groups.Since discovering the extent of Amur hunting in Nagaland this fall, Conservation India has taken the issue to the local Indian...

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Powerball Fever Sweeps the Nation, Fuels Jackpot

The allure of the record $500 million Powerball jackpot has led to long lines across the nation at local mini-marts and gas stations, with Americans hoping their champagne and caviar dreams become a reality when the numbers are drawn tonight.The jackpot was boosted Tuesday from $425 million to the now historic $500 million sum, which is expected to get sweeter as millions of...

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Keeping the financial regulators on their toes

When members of Congress need factual information and insights into the effectiveness of the financial laws put in place after the 2008 economic crisis, they regularly turn to the Government Accountability Office (GAO) and Orice Williams Brown. Initially as director and now as managing director of the GAO’s financial markets and community investment section, Brown and her staff have issued...

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Japanese firm develops health monitor for dogs

TOKYO: Worried the family dog is too chubby?Japanese information technology giant Fujitsu says it may have the solution with a new health management service that lets owners keep a close eye on their pet's exercise regimen through a pedometer attached to its collar.The "Wandant" counts how many steps the pooch took during its latest outing, with the data then available online for pet owners'...

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