AIG CEO Robert Benmosche Gets $7 Million Salary

American International Group (AIG) will pay new CEO Robert Benmosche a salary of $7 million dollars per year. AIG received billions of dollars in bailout money from the government earlier this year. The salary has been approved in principly by Washington's new pay czar...

RP seizes $10.4 million smuggled diamonds

" MANILA -- A British woman has been arrested for allegedly smuggling $10.4 million worth of diamonds into the Philippines, an official said Friday. Officers from the presidential anti-smuggling group arrested...

Typhoon Morakot Reaches South-East China, Prompts Evacuations

Typhoon Morakot reached south-east China on Sunday, prompting mass evacuations. One million people were ordered to evacuate just hours before the typhoon made a landfall in the province of Fujian. The preliminary...

Student Joel Tenenbaum Fined $675,000 For Illegal KaZaA Downloads

PhD student Joel Tenenbaum was fined $675,000 after admitting to illegally downloading and distributing 30 songs using the file-sharing software KaZaA. Tenenbaum's attorney and Harvard Law School professor Charles Nesson stated that the figure was "bankrupting". Tenenbaum...

Dhaka sees heaviest rain in 53 years

the rains this season seem to be the best and worst the citites have ever seen.....mumbai,delhi, orissa and now dhaka...the heaviest rain in 53 years has disrupted life in a large way and claimed lives....please...

Nissan electric car plan to create 350 new jobs

" Nissan, Japan's third biggest automotive group, is to plough £200 million into electric car production in a move which will create 350 new jobs and could safeguard thousands more. The car giant announced...

House plan boosts taxes on rich to 20-year high

Increasing taxes is a bad idea. The economy needs to grow to recover from the recession.  More taxes will just slow down any possible recovery." House Democrats scrambling for ways to pay for overhauling...

Mr Popular MJ has over 7 million fans on Facebook

"" " " I inspire....I create...it's me who sings....this breeze within... I live n I live n I live….Until I die one day…. Do you see me ?going into the sky..like a dream i feel...like a dream i am...... " " "...

IDP Camps in terrible conditions

Sri Lankan government claimed that most to the detainees would be resettled within six months. However, senior military officials told that 80% of the people will be there in a year time. Further, permanent...

Taysha Valez, a 27 year old billionaire with Socialite makeup

It has been revealed that Taysha Valez is the youngest billionaire at only 27-years-old. She's the owner of Socialite makeup and skin care and has just released a book called 'Young Black Millionairess: How to Start a Million Dollar Business'. "Here is what we know about...

No Powerball lottery winner, making Saturday's jackpot $192 m

There was no Powerball Lottery winner last night, as no one winning ticket matched all six numbers of: 23-30-31-35-42-6 Therefore saturday's jackpot will be raised to $192 million. No one has won the grand prize since April 8th. "Finally we are able to reach the site and...

Canadian Firm Wins $200 Million Patent Award Over Microsoft

Chalk one up for the little Canadian guy. "CNET reports that i4i, a Toronto-based firm, has been awarded US$200 million in damages from Microsoft in a patent infringement case.  A Texas jury ruled that the...

India tops world hunger chart

Despite consistent economic growth over last many years, India is failing to provide proper food to its malnourished population. India's 230 million rural people are undernourished. This is the highest for any...

Asia's Unemployed To Increase By 7.2 Million

The number of unemployed in Asia is likely to increase by about 7.2 million from 2008 to this year. This figure, according to the International Labour Organisation (ILO), is at a rate of 5.1 per cent, with women and youth hard-hit by rising unemployment. The report said...

Ex-girlfriend's lawsuit claims Roberto Alomar has AIDS

If this is true he should be sent to jail. "An ex-girlfriend of Roberto Alomar filed an explosive lawsuit alleging the former baseball star insisted on unprotected sex for four years despite having AIDS. The...

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