Shorts (right)
Celebrated buyout firms like the Blackstone Group and Kohlberg Kravis Roberts & Co., hailed only a year ago for their dealmaking prowess, are seeing their profits collapse as the credit crisis spreads through the financial markets.
Powered by Ocean Waves, Boat To Sail From Hawaii to Japan
On Sunday, a boat will sail from Honolulu on a planned voyage of 3,780 nautical miles, powered just by the wave action of the sea.
Trust Me, I’m a Meteorologist
Given all the sources of weather forecasts online and in the media these days, you might wonder, who should you trust: The Weather Channel, your favorite weather character on TV, or your friendly neighborhood staff meteorologist at <i>The Tech</i>? This is actually a much harder question to answer than by simply pointing a finger at myself and humbly saying, “I’m the best!” Perhaps a better question to ask is: how far out can you trust any weather forecast?
Democrats Seek Compromise To Seat Disputed Delegates
With the two Democratic presidential candidates in near-deadlock and battling for every delegate, party leaders and the rival campaigns started searching in earnest on Thursday for a way to seat delegations from Florida and Michigan. But they remained deeply divided over how to do so.
Credit Crisis Grows As Investors Become More Risk-Averse
The credit markets came under renewed stress on Thursday as investors sought absolute safety and even moved away from debt issued by Fannie Mae and Freddie Mac, the government-sponsored mortgage lending enterprises.
Notorious Russian Arms Dealer Arrested in American-Led Sting
A Russian businessman regarded by the United States as one of the world’s most notorious arms dealers was arrested in Thailand on Thursday as part of an American-led sting operation. He was promptly charged in the United States with conspiracy for attempting to smuggle missiles and rocket launchers to rebels in Colombia.
Blasts Kill at Least Fifty-Four In Baghdad Shopping District
Two bombs struck a bustling shopping district in the heart of Baghdad on Thursday evening, turning display windows and cabinets and glass shelves into deadly shrapnel and killing 54 people and wounding 123 more, the Iraqi authorities said.
Shorts (right)
Reeling from the high cost of fighting wildfires, federal land agencies have been imposing new fees and increasing existing ones at recreation sites across the West in an effort to raise tens of millions of dollars.
Gunman Kills Eight in Attack on Famous Seminary in Jerusalem
A gunman entered a famous Jewish seminary in the heart of Jerusalem on Thursday night, killing at least eight students and wounding at least nine others, three of them seriously, the Israeli police said.
Soggy Saturday
There have been eight straight weekends in Boston with at least one drop of precipitation. This weekend will certainly be no exception. Although it is sunny during the daytime hours today, rain will be moving in later tonight. Not only will this possibly impact your Friday night plans, but due to the size of the precipitating region, this storm will also rain-in on your Saturday night activities as well.
Shorts (left)
Responding to a wave of defective toys and other goods, the Senate approved a measure on Thursday that would overhaul the country’s consumer product laws and strengthen the beleaguered safety agency that oversees the marketplace.
Good News or Not, Companies in U.S. Are Saving Piles of Cash
At least someone knows how to fill a piggy bank.
Investors’ Flight to Oil Pushes Price to a Record
Capping a relentless rise in recent years, oil prices hit an all-time high during the day on Monday, then pulled back to close below the record.
Security Council Votes for New Sanctions Against Iran
The Security Council on Monday adopted its third resolution imposing sanctions on Iran for its refusal to cease enriching uranium, an activity that the West suspects Iran may be using to create fuel for a nuclear weapon.
Shorts (left)
American naval forces fired missiles into southern Somalia on Monday, aiming at what the Defense Department called terrorist targets.
Shorts (right)
Massachusetts House Speaker Salvatore F. DiMasi stepped up his attacks Monday on Governor Deval Patrick’s proposal to license three resort casinos in Massachusetts, accusing the governor and his staff of failing to do their homework and calling Patrick’s prediction that it would generate 30,000 new construction jobs “absurd.”
Last-Minute Politicking Before Texas and Ohio
Sens. Hillary Rodham Clinton and Barack Obama battled over national security and trade in a frantic burst of last-minute campaigning on Monday as Clinton accused Obama of deception and new evidence of discord surfaced within her own camp.
Hamas Celebrates as Israeli Ground Forces Leave Gaza
As Israel withdrew its forces from the northern Gaza Strip on Monday after a two-day assault on Hamas militants, and as Palestinians emerged from their houses to inspect the damage, Hamas leaders seemed to be following the playbook of their Lebanese ally, Hezbollah, in its 2006 war with Israel.
Rain Tuesday and Wednesday
An intensifying low pressure system moving into our area from the Ohio Valley will bring numerous rain showers, possibly heavy at times, Tuesday afternoon through Wednesday afternoon. The storm center is predicted to track to our west, which means we will experience relatively warm air.
Recall Widens for Blood Drug Possibly Tied to More Deaths
Amid indications that more people may have died or been harmed after being given a brand of the blood thinner heparin, federal drug regulators said Thursday they had found “potential deficiencies” at a Chinese plant that supplied much of the active ingredient for the drug.