Dec
22

Mike is kickin’ class over $250M aid loss

The teachers union’s refusal to come to the negotiating table on a new rating system for its members will end up costing the city $250 million in state education aid, Mayor Bloomberg said yesterday. Hizzoner and Schools Chancellor Dennis Walcott slammed the president of the United Federation of Teachers for ditching talks on how to meaningfully evaluate...
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Great-grandmother leads annual Miami-Dade, Monroe toy drive

Beginning in August, Bunchy Gertner puts aside her social life, her needs and even her great-grandchildren to head over to the “North Pole,” the place where she stores, wraps and distributes thousands of toys destined for foster care children in Miami-Dade and Monroe counties.“This is top banana,” said Gertner referring to the nonstop volunteer work she has done for the past...
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Red Hat shares up on acquisition and 3Q results

Red Hat Inc.‘s shares jumped Friday on the software company‘s solid third-quarter results and plans to acquire cloud-based software company ManageIQ.THE SPARK: Red Hat said late Thursday that it would buy privately held ManageIQ for $ 104 million in cash.The Raleigh, N.C., company also reported that it earned 29 cents per share for its fiscal third quarter on an adjusted basis, up a penny from the...
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Investors shuffling assets ahead of fiscal cliff

Some citizens aren’t waiting to find out if the White House and Republicans in Congress will be able to reach a last-minute deal to pull the country away from the “fiscal cliff.” They are selling securities while capital gains tax rates are still low or transferring millions into trusts for the benefit of children and grandchildren before estate tax laws become more stringent....
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Dec
21

North Korea says it has detained a US citizen

PYONGYANG, North Korea — North Korea said Friday that it has detained an American citizen who has confessed to unspecified crimes.State media said in a short dispatch that someone named Bae Jun Ho entered North Korea on Nov. 3 as a tourist but was detained because of crimes.The North said the crimes were "proven through evidence" but didn't elaborate.Pyongyang...
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Bay of Pigs invasion veterans mark 50 years since release

In the days before Christmas 50 years ago this weekend, 1,113 Bay of Pigs fighters captured by Fidel Castro’s forces and imprisoned for 20 months were finally released to a heroes’ welcome in Miami.The first planeload of POWs arrived at Homestead Air Force Base on Dec. 23, 1962. Gaunt and betrayed by the John F. Kennedy administration, members of the proud Brigade 2506 were...
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Insiders steal a march in leak prone Asian markets

SINGAPORE (Reuters) – When South Korean automaker Hyundai Motor Co announced last month it had overstated the fuel efficiency levels on around one million of its cars in the United States and Canada some investors were left fuming more than others.Some had already sold their shares before the announcement on November 2. The stock fell 4 percent on November 1 with about 2.2 million shares changing...
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Jennifer Lawrence Fashion Time Warp

"It" girl Jennifer Lawrence is getting a lot of attention this year, and with good reason! The recent Golden Globe nominee has proven herself worthy of the big-screen hype thanks to the box office success of The Hunger Games and Silver Linings Playbook. On top of that, the beauteous bombshell has become a fashion-forward phenomenon.Related: Five Things You Don't Know About Jennifer LawrenceJoin...
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The Cuban government Thursday denounced what it called the “unjust and illegal” multi-million dollar fines the U.S. government slapped on two foreign banks for violating Washington’s sanctions on the island. The U.S. actions show that its “ferocious persecution of financial and commercial transactions by Cuba and those with legitimate relations … has only changed but has...
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Dec
20

Hold on, Mr. Preshident!

Veteran TV newsman Sam Donaldson was arrested on DUI charges in Delaware, police said yesterday.Donaldson (pictured), a former White House reporter for ABC, was stopped on Dec. 1 by cops in Lewes, Del., after his car was spotted swerving onto the shoulder of the road.Lewes is a resort town on the Chesapeake Bay, across the Delaware River from Cape May,...
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