Police to release name of woman killed by lightning in Virginia Beach

Police have identified a woman struck by lightning and killed in Sandbridge on Sunday night. Police said her name will likely be released Monday, after family members have been notified. Earlier in the evening,...

Fidel Castro in Farc hostage plea but not for a lay down on its weapons

Fidel calls for hostage plea but not for cease fire. He said he had energetically criticised the "cruel methods of kidnapping and holding prisoners in the jungle". But at the same time, Mr Castro added the rebel...

Mt. Shasta celebrates the Fourth on the streets and in the skies

"By Steve Gerace Mount Shasta Area Newspapers Sun Jul 06, 2008, 12:44 PM PDT Story Tools: Email This |  Print This Mount Shasta, Calif. - Smokey skies cleared the morning of July 4, 2008, as if...

Welcome, President Obama! Here, have a shovel

During the Democratic primaries, I sometimes wondered if Obama and Clinton sometimes secretly wished the other would win, given the mess that they were inheriting. It certainly is Herculean -- a foreign policy agenda that has America bogged down in not one but two wars,...

Chinese Investor Pays $2.1M to Eat With Warren Buffett

A Chinese investment fund manager has won a bid on eBay to have lunch with Warren Buffet. He paid $2.1 million for it!It is the most expensive chariy auction ever held on the online auctioning website.Who would you...

Pondering on Bill Gates' Legacy

Beginning in July, Bill Gates will switch jobs for the first time in his adult life, stepping out of a full-time job at Microsoft and moving over to philanthropy. The whole world is a far different place for what he and Microsoft did. At the heart of the high-tech industry...

Burj Dubai, June update on world’s tallest building « Peter J. Cooper’s ...

"Completion is now scheduled for September next year but the Burj Dubai is almost fully clad and the next stage will be to add the final spire to the top, which is under construction in Jebel Ali. What a statement about the brash, bold self-confidence of this amazing city...

Euro 2008: Netherlands 4-1 France

France torn apart by the Dutch, with Holland scoring in extra time to top it off. Holland are now through and group winners, leaving the others to fight it out. However Holland could lose to Romania and knock France...

MoneyWeek editor, latest on the UK house price crash « Peter J. Cooper’s W...

"Money Programme interview with the Editor of MoneyWeek, Merryn Somerset Webb on UK house prices which have been falling at their fastest pace in history over the past two months. This lady has been proved right for steering buyers away from property in recent years. Listen...

Warren Buffett, ADIA turn against the average hedge fund « Peter J. Cooper...

" Buffett’s logic appears to be that over time hedge fund fees will weigh so heavily on overall performance that the basket will under perform the market. By creating a fund-of-funds the focus is on average performance rather than the next George Soros, and it will be...

Jessica Alba gives birth to a baby girl

It’s a girl for Jessica Alba and hubby Cash Warren.  Honor Marie Warren was born this past Saturday June 7th, 2008."Jessica Alba and husband Cash Warren welcomed a new member of their family - a...

Lost divers fight off dragon to survive

"A BRITISH couple who went missing while scuba diving described yesterday howthey swam and and floated for 12 hours in shark-infested waters only toscramble ashore on a desert island inhabited by 10ft-long komodo...

Are We In A Recession?

The economy grew at a pace of just under 1.0% in the first quarter ofthis year. While this is not a cause for celebration, it is growth andthe very definition of recession requires that the economy iscontracting instead of expanding. Even consumer spending grew an anemic0.2%...

Professor Roubini predicts 12-18 month US recession

I met Professor Nouriel Roubini in Dubai when he addressed the poorly attended DIFC week. His gloomy logic seems a good deal more probable than the optimistic noises from the pundits of Wall Street. This is like a cascade of dropping shoes as the economy gets much worse...

Van Eeden says high oil price due to Fed policy « Peter J. Cooper’s Weblog

Van Eeden is a tough South African intellectual with a no-compromise approach to economic theory and sticks to his guns. He is right on this and right on precious metals, and particularly junior gold stocks which he champions.

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