“A whopping 96% of main entrees sold at top U.S. chain eateries exceed daily limits for calories, sodium, fat and saturated fat recommended by the U.S. Department of Agriculture, reports the 18-month study conducted by the Rand Corp. and funded by the Robert Wood Johnson Foundation.”

{ 0 comments }

University Monitoring Project: North Korea has restarted construction on a nuclear reactor that is essential to building nuclear weapons

May 19, 2012

“The reactor, for possible completion by 2014-2015, would be able to supply needed electricity as well as fissile material for a nuclear weapon. It would be capable of producing enough plutonium to [produce] “a little more than one bomb per year”.”

Read the full article →

Report: The SEC will review trading issues on the Nasdaq related to Facebook’s initial public offering

May 18, 2012

““As is our practice, staff will review the incident with Nasdaq to determine its cause, and steps that will be taken to address it,” a spokesman for the regulator told CNBC when asked about the complaints.”

Read the full article →

Facebook Inc sets a record for trading volume in one day but closed barely above the original IPO price

May 18, 2012

“After an attention-grabbing half-hour delay to start its initial public offering, Facebook shares opened at $38, surged as much as 11 percent during the day, but ultimately finished just above unchanged after hitting an intraday high of $45.”

Read the full article →

Witness: Trayvon Martin was “straddling” George Zimmerman, punching him “MMA style”

May 18, 2012

“The witness–who was in his living room and about 30 feet away from the confrontation– said he called out to the two men that he was dialing 911. “He then heard a ‘pop,’” police reported, and saw the black male “laid out on the grass.””

Read the full article →

U2 Singer Bono will make up to $1.5 billion on Facebook’s IPO

May 18, 2012

“The business-savvy, Irish rocker owns 2.3 percent of the shares of Facebook through his investment group, Elevation Partners, reports NME.”

Read the full article →

Wall Street Journal: Traders having problems changing, canceling orders of Facebook Stock

May 18, 2012

“Nasdaq notified him and other traders that market orders entered after 11:10 a.m., but before the 11:30 a.m. open, wouldn’t be honored.”

Read the full article →

Technical Delay at NASDAQ delays the Facebook IPO until 11 a.m.

May 18, 2012

“Expected to raise some $16 billion, it’s the largest Internet IPO in the U.S. and the third largest IPO ever—behind Visa in 2008 and Italian utility firm Enel SPA in 1999.”

Read the full article →

Stocks decline on Thursday due to concerns about the U.S. economic recovery and the European debt crisis

May 17, 2012

“The Dow Jones Industrial Average fell 156 points, or 1.2%, to 12442, the S&P 500 slipped 19.9 points, or 1.5%, to 1305 and the Nasdaq Composite slid 60.4 points, or 2.1%, to 2814.”

Read the full article →

Fitch Ratings downgrades Greece’s credit rating to CCC, or ‘vulnerable to default’

May 17, 2012

“Greece was cut to CCC from B-, according to an e-mailed statement late yesterday in London. The country’s ceiling was revised to B-, Fitch said in the statement.”

Read the full article →

The International Monetary Fund will hold off on official contacts with Greece until after the June 17 elections

May 17, 2012

“A caretaker government took office in Athens on Thursday to organize its second election in six weeks after an inconclusive May 6 vote as fears over its possible euro exit rocked Spain and Italy.”

Read the full article →

Spain’s economy falls into recession amid fears of a run on banks in the Eurozone

May 17, 2012

“In Madrid, the national statistics institute INE said the fourth biggest eurozone economy had contracted by 0.3 percent in the first quarter of 2012.”

Read the full article →

Co-Author: The book’s information came from the White House, despite criticism from the White House

May 17, 2012

“When they published their revealing book last August about the nation’s fight against terrorism, the authors [of Counterstrike: The Untold Story of America's Secret Campaign Against Al Qaeda] immediately felt heat from the Pentagon for dishing too much info about the killing of Osama bin Laden.”

Read the full article →

During a local television report on crosswalk safety in Sacramento, a drunk driver almost hit the reporter

May 17, 2012

“A live morning television report on crosswalk safety almost turned tragic as an alleged drunk driver failed to stop and burned rubber through an intersection just as the reporter was about to cross the street as a California Highway Patrol officer looked on.”

Read the full article →

Report: Warren Buffett to buy 63 newspapers

May 17, 2012

“The newspapers, in Virginia, North Carolina, South Carolina, Alabama and Florida, would be combined with the Omaha World-Herald Co. into a new Berkshire Hathaway Inc. division called BH Media Group.”

Read the full article →

Vice President Biden makes an unannounced visit to a Dairy Queen in Steubenville, Ohio

May 17, 2012

“On a two-day campaign swing through the Buckeye state, Biden stopped in the Hollywood City Center Dairy Queen in Steubenville, Ohio for a cone. Biden bought several cones and milkshakes before departing a few minutes later.”

Read the full article →

Iran helping Syria acquire oil by using multiple companies and having an oil-tanker owned by Iran switch flags when needed

May 17, 2012

“Syria is reeling from the effect of sanctions introduced by the US, the EU and some Arab states over the past year. Analysts estimate the economy has contracted by between 2-10%.”

Read the full article →

2 Police Reports and 2 Witness Accounts support George Zimmerman’s version of events

May 17, 2012

“The reports also note that two witness accounts appear to back up Zimmerman’s version of what happened when they describe a man on his back with another person wearing a hoodie straddling him and throwing punches.”

Read the full article →

Coal Miners protest Vice President Biden’s speech in Ohio

May 17, 2012

““I spent a year in Iraq serving my country, and now they want to take away my job,” he said.”

Read the full article →

Vice President Biden says he’s tired of being called a “Middle Class Joe” (Video)

May 17, 2012

“”I said it yesterday, and I’ll say it more calmly today. I don’t think these guys understand us,” Biden also told the Ohio audience.”

Read the full article →

Turkey demands an explanation, saying that an Israeli plane violated northern Cypriot airspace this week

May 17, 2012

“Cyprus has been divided since 1974, when the Turkish military invaded the island after a short-lived Greek Cypriot coup engineered by the military junta then in power in Athens.”

Read the full article →

Israel becomes a political target in Egypt’s Presidential Race

May 17, 2012

“None of the candidates want to tear up the document signed in 1979 but they repeatedly warn in rallies and debates it should be reviewed.”

Read the full article →

Report: FAA investigating a near-crash between an unmanned drone and a commercial jet

May 17, 2012

“In a statement, the agency said: “The FAA is investigating the incident and will try to positively identify the object the Citation pilot reported, where it came from and who was operating it.””

Read the full article →

Report: The official website for Dystel & Goderich stated that Barack Obama was born in Kenya until April 2007

May 17, 2012

“By April 21, 2007, the Obama bio had been changed to state that Obama was born in Hawaii.”

Read the full article →

The Obama Administration orders federal, state, and local officials to adopt a zero tolerance policy for prison rape

May 17, 2012

“The regulations are immediately binding on federal prisons. States that don’t [comply] face a loss of 5 percent of their Justice Department prison money unless their governor certifies that the same amount of money is being used to bring the state into compliance.”

Read the full article →

Oil Analyst (on March 1st): Gas prices will not reach $5 a gallon

May 17, 2012

“Demand for gas is at a 12-year low, he said, down by 5 to 7 percent since last year, and U.S. gas consumption in January and February was at the lowest point since 2000.”

Read the full article →

Gallup Poll: Romney’s approval rating reaches 50%

May 17, 2012

“Fifty percent of Americans now have a favorable opinion of presumptive Republican presidential nominee Mitt Romney, up from 39% in February and his highest by 10 percentage points.”

Read the full article →

Analysis: The state of Europe help decide the U.S. Presidential Election?

May 17, 2012

“Advisers to Mitt Romney, Obama’s most likely challenger in November, argue that Obama’s poor stewardship of the U.S. economy has left the United States exposed to the euro zone crisis and limited the administration’s ability to respond.”

Read the full article →

Putting the “go” in “Cuban Embargo”? U.S. State Dept grants Cuban President Raul Castro’s daughter a U.S. Travel Visa

May 17, 2012

“Presidential Proclamation 5377, signed by Ronald Reagan, prohibits granting non-immigrant visas to member of Cuba’s Communist Party.”

Read the full article →

19 Countries — including the U.S. but not Israel — hold the largest military exercises in the Middle East in the past 10 years

May 17, 2012

“Eager Lion 2012 “is the largest exercise held in the region in the past ten years,” Major General Ken Tovo, head of the US Special Operations Forces, told reporters in Amman.”

Read the full article →

The Cannes 2012 Film Festival forced to make cutbacks to save money

May 17, 2012

“In the end, the economics will be seen in the Cannes Market, where films are sold to distributors, deals are made, and new films are presented as plans to potential financiers.”

Read the full article →