Friday, October 10, 2008 Stock markets across the world have fallen sharply with several seeing the biggest drop in their history. Asian markets saw the biggest sell-off. The Nikkei dropped 9.62% to reach a 20 year low. Japan also saw a collapse of a mid-size insurance company, Yamato Life Insurance Company, which declared bankruptcy. The…
Dell joins Microsoft-Nortel VoIP Team
Saturday, October 20, 2007 Dell Inc. announced on Tuesday that it will partner up with the Microsoft-Nortel Innovative communications alliance (ICA) team to sell Unified Communications and VoIP products. The announcement on Tuesday the 16th of October 2007 includes Dell selling VoIP, data and wireless networking products from Nortel and the Microsoft Office Communications Server…
Commonwealth Bank of Australia CEO apologies for financial planning scandal
Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’…
Chile’s President-elect’s battle with delinquency becomes personal
Saturday, February 27, 2010 Late on Thursday, at approximately 21:20 local time, the home of Cristián Larroulet, the nominated Ministry General Secretariat of the Presidency under President-elect Sebastián Piñera of Chile, was burglarized while his wife and son were home alone. Two suspects physically assaulted them, before making off with valuables. Future Ministry Larroulet lives…
Caterpillars force temporary closure of Wisconsin state park
Tuesday, June 19, 2007 A park in the U.S. state of Wisconsin has been closed, due to being over-run by gypsy moth caterpillars. The Wisconsin Department of Natural Resources (DNR) announced the unprecedented move yesterday, with officials saying they would temporarily close Rocky Arbor State Park near Wisconsin Dells due to an infestation of gypsy…
New method of displaying time patented
Saturday, October 14, 2006 An American inventor has patented a pair of new time formats with a footprint less than 50% of that of conventional four-digit time. The more unusual of the two new formats, called “TWELV”, dispenses with numerals altogether. In place of clock hands or digits, the new clock uses color to convey…
US stock markets reach 12-year lows
Thursday, March 5, 2009 US stock markets dropped to twelve-year lows on Thursday, amidst falling confidence in the financial sector and worries over whether the US automobile manufacturer General Motors will be able to keep operating. The Dow Jones Industrial Average dropped by 4.08%, or 280.52 points, at the closing bell, reaching a level of…
Cleveland, Ohio clinic performs US’s first face transplant
Thursday, December 18, 2008 A team of eight transplant surgeons in Cleveland Clinic in Ohio, USA, led by reconstructive surgeon Dr. Maria Siemionow, age 58, have successfully performed the first almost total face transplant in the US, and the fourth globally, on a woman so horribly disfigured due to trauma, that cost her an eye….
Suicide car bomber kills seven in Iraq
Monday, September 7, 2009 Police officials have said that a suicide car bomber has killed seven people and injured a further fifteen at a western Iraq security checkpoint. The bomb detonated in a vehicle in a line of cars waiting at the checkpoint near the western city of Anbar early on Monday. At least three…
Acting teacher and director Milton Katselas dies at age 75
Tuesday, October 28, 2008 Acting teacher and director Milton Katselas died Friday at age 75, after suffering from heart failure at Cedars-Sinai Medical Center in Los Angeles, California. He began the Beverly Hills Playhouse in 1978 and taught acting classes there to noted actors including George Clooney and Gene Hackman. Katselas is survived by a…