NEW YORK (Reuters) – Biotech company Amgen Inc is scheduled to plead guilty on Tuesday in a criminal case in federal court in Brooklyn, New York, prosecutors said.A brief statement from the U.S. Attorney‘s office gave no details of the charges Amgen would plead guilty to.Representatives of Amgen could not immediately be reached to comment on the subject matter of the expected plea.Amgen in October...
N. Korea displays Kim Jong Il a year after death
Label: WorldPYONGYANG, North Korea (AP) — North Korea unveiled the embalmed body of Kim Jong Il, still in his trademark khaki jumpsuit, on the anniversary of his death Monday as mourning mixed with pride over a recent satellite launch that was a long-held goal of the late authoritarian leader.Kim lies in state a few floors below his father, national founder Kim Il Sung, in the Kumsusan mausoleum, the cavernous...
Comet collapse to cost UK £49m
Label: Business17 December 2012 Last updated at 15:35 ETThe collapse of electrical chain Comet will cost the government £49.4m in redundancy payments and tax revenues, administrators Deloitte have revealed.The redundancy money owed to thousands of former Comet workers totals £23.2m, and will be paid by the government’s Redundancy Payments Service (RPS).Meanwhile, £26.2m is owed in taxes to HM Revenue & Customs...
Dec
16
Cisco hires bank to sell home wireless router unit: report
Label: Technology(Reuters) – Networking equipment company Cisco Systems Inc has hired Barclays to sell its Linksys home router unit, a report said on Sunday.The business, which Cisco acquired for $ 500 million in 2003, will likely be valued for less because it has low margins, according to Bloomberg.The sale is part of Cisco’s strategy to shed its consumer unit and focus on its software and technology services businesses.Last...
‘Hobbit’ bests ‘Rings’ with $84.8 million opening
Label: LifestyleNEW YORK (AP) — Peter Jackson‘s “The Hobbit” led the box office with a haul of $ 84.8 million, a record-setting opening better than the three previous “Lord of the Rings” films.The Warner Bros. Middle Earth epic was the biggest December opening ever, surpassing Will Smith’s “I Am Legend,” which opened with $ 77.2 million in 2007, according to studio estimates Sunday. “The Hobbit: An Unexpected Journey”...
Boehner opens door to tax hikes, shifts U.S. fiscal cliff talks
Label: HealthWASHINGTON (Reuters) – U.S. House of Representatives Speaker John Boehner‘s offer to accept a tax rate increase for the wealthiest Americans knocks down a key Republican road block to a deal resolving the year-end “fiscal cliff.”The question now boils down to what President Barack Obama offers in return. Such major questions, still unanswered so close to the end of the year suggest, however, that...
Samsung and Apple Duel in Enterprise Tech
Label: BusinessLast summer, health-care startup Preventice asked Samsung Electronics if it would create a custom version of its popular Galaxy S II phone. Preventice was putting the finishing touches on a product that used a smartphone to transmit data from a patient’s heart monitor to a doctor, and it needed Samsung to disable downloads, which might interfere with a cellular connection. In less than six weeks Samsung...
Dec
15
Ten Commandments join Isaac Newton’s notes online
Label: TechnologyLONDON (Reuters) – A copy of The Ten Commandments dating back two millennia and the earliest written Gaelic are just two of a number of incredibly rare manuscripts now freely available online to the world as part of a Cambridge University digital project.The Nash Papyrus — one of the oldest known manuscripts containing text from the Hebrew Bible — has become one of the latest treasures of humanity...
Venezuela’s Chavez has “full intellectual capacity” after surgery
Label: HealthCARACAS (Reuters) – Venezuelan President Hugo Chavez has recovered “full intellectual capacity” after a six-hour cancer operation in Cuba this week, an official said on Saturday, but offered few details on the socialist firebrand’s physical condition.Chavez’s health weakened sharply after his October re-election, casting doubt on the future of his “21st century socialism,” which has won broad popular...
Japan votes in election seen returning LDP to power
Label: BusinessTOKYO (Reuters) – Japan voted on Sunday in an election expected to return the conservative Liberal Democratic Party (LDP) to power after a three-year hiatus, giving ex-Prime Minister Shinzo Abe a chance to push his hawkish security agenda and radical economic recipe.Polls opened at 0700 a.m. (1700 ET) and will close at 8 p.m. (0600 ET), when major TV broadcasters will issue exit polls forecasting...
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