Jan
19

Algerian Hostage Standoff Continues; U.S. Victim Identified

Anis Belghoul/Associated PressAn Algerian military truck on a road leading to a Saharan gas field where militants still held at least 10 foreign hostages on Friday. BAMAKO, Mali — Islamic militants in Algeria continued to hold at least 10 and possibly dozens of foreign hostages Saturday, ignoring demands that they surrender peacefully. Among the dozen captives believed to have been killed was an American...
Read More..

Samsung, Apple seen pulling ahead in smartphone race: poll

HELSINKI (Reuters) – Samsung and Apple pulled ahead in the global smartphone race last quarter, according to forecasts by analysts in a Reuters poll, while Nokia and others are expected to have fallen further behind.Overall shipments of handsets are expected to have risen in the fourth quarter, with most of that growth dominated by Samsung. Analysts forecast the South Korean company shipped 61 million...
Read More..

J.J. Abrams to produce Lance Armstrong biopic

LOS ANGELES (AP) — He's already gotten the Oprah treatment. Now Lance Armstrong is headed for the silver screen.Paramount Pictures and J.J. Abrams' production company, Bad Robot, are planning a biopic about the disgraced cyclist, a studio spokeswoman said Friday.They've secured the rights to New York Times reporter Juliet Macur's upcoming book "Cycle of Lies: The Fall of Lance Armstrong," due out...
Read More..

Business Briefing | Medicine: F.D.A. Clears Botox to Help Bladder Control

Botox, the wrinkle treatment made by Allergan, has been approved to treat adults with overactive bladders who cannot tolerate or were not helped by other drugs, the Food and Drug Administration said on Friday. Botox injected into the bladder muscle causes the bladder to relax, increasing its storage capacity. “Clinical studies have demonstrated Botox’s ability to significantly reduce the frequency...
Read More..

Analysis: Amid Tears Lance Armstrong Leaves Unanswered Questions in Oprah Winfrey Interview

In an extensive interview with Oprah Winfrey that was shown over two nights, Lance Armstrong admitted publicly for the first time that he doped throughout his cycling career. He revealed that all seven of his Tour de France victories were fueled by doping, that he never felt bad about cheating, and that he had covered up a positive drug test at the 1999 Tour with a backdated doctor’s prescription...
Read More..
Jan
18

Algerian Raid to Free Hostages Turns Deadly

BAMAKO, Mali — Britain said on Friday that an operation against hostage takers in the Sahara was not over and could produce “bad news,” almost a day after Algeria mounted an assault on heavily armed fighters holding American and other captives at a remote Sahara gas field facility. The operation, which began on Thursday without consulting foreign governments with citizens working at the plant,...
Read More..

Bolshoi's artistic director attacked in Moscow

MOSCOW (AP) — The artistic director of the Bolshoi Theater's ballet troupe was attacked with acid in Moscow and his eyesight is threatened, the theater said Friday.Sergei Filin, a 42-year-old former ballet star, was approached Thursday night by an unknown man who splashed acid on his face as he got out of his car outside his home in central Moscow, Russian television reported.Bolshoi spokeswoman Katerina...
Read More..

The Neediest Cases: Medical Bills Crush Brooklyn Man’s Hope of Retiring

Andrea Mohin/The New York TimesJohn Concepcion and his wife, Maria, in their home in Sheepshead Bay, Brooklyn. They are awaiting even more medical bills. Retirement was just about a year away, or so John Concepcion thought, when a sudden health crisis put his plans in doubt. For the past 100 years, The New York Times Neediest Cases Fund has provided direct assistance to children, families...
Read More..

DealBook: Michael Dell’s Empire in a Buyout Spotlight

The computer empire of Michael S. Dell spreads across a campus of low-slung buildings in Round Rock, Tex.But his financial empire — estimated at $16 billion — occupies the 21st floor of a dark glass skyscraper on Fifth Avenue in Manhattan.It is there that MSD Capital, started by Mr. Dell 15 years ago to manage his fortune, has quietly built a reputation as one of the smartest investors on Wall Street....
Read More..
Jan
17

Militants Seize Americans and Other Hostages in Algeria

Kjetil Alsvik/Statoil, via ReutersAn undated photo of the In Amenas gas field in Algeria, where Islamist militants took at least 20 foreign hostages on Wednesday. BAMAKO, Mali — The French military assault on Islamist extremists in Mali escalated into a potentially much broader North African conflict on Wednesday when, in retribution, armed attackers in unmarked trucks seized an internationally managed...
Read More..