Category archives for: Featured News

Bank of America admits foreclosure mess

Bank of America

Bank of America has now for the first time admitted that it committed errors in processing foreclosure documents as its starts resubmitting some 102,000 case files. It said mistakes were found in 10 out of 25 of the first batch of hundreds of foreclosure documents on Monday. Issues regarding erroneous entries, lack of signatures and […]

Schumacher penalized for blocking Barrichello in Korean Grand Prix qualifying

F1 race

Michael Schumacher was given a reprimand by officials after blocking former teammate Rubens Barrichello during the qualifying race on Saturday for the Korean Grand Prix. The seven-time champion was found guilty by race stewards of blocking his former Ferrari sidekick. Mercedes GP and Schumacher said that Barrichello of the Williams team was not on a […]

CDC: Diabetes cases on the rise

Insulinpump

The U.S. Centers for Disease Control and Prevention said on Friday that an unprecedented epidemic of diabetes cases will be seen in the United States unless unhealthy lifestyles are changed soon. One out of three adults in the country will be diagnosed with diabetes by the year 2050, the CDC reported. New cases will jump […]

G20 vows to avoid more currency tensions

Currency

Finance ministers of the Group of 20 (G20) meeting in South Korea yesterday agreed not to weaken their currencies to increase exports and to allow markets to dictate the foreign exchange. In a statement, the influential economic group said it will “move towards more market-determined exchange-rate systems that reflect underlying economic fundamentals and refrain from […]

Randy Quaid and wife seek asylum in Canada

Randy Quaid

American actor Randy Quaid and his wife have applied for asylum with the immigration board of Canada, telling its members that “the murderers of Hollywood” are out to get them. Their application to be accepted as refugees comes after warrants were issued in the U.S. for their arrest on charges of vandalizing their former property. […]

Megi batters Taiwan

Typhoone

Typhoon Megi claimed seven lives and left some tourists missing after hitting Taiwan as it heads toward Xiamen in southern China yesterday. Power outages were reported throughout the island, the National Fire agency said. A landslide in Suao in Yilan province covered a house beside a Buddhist temple where the dead victims were located, while […]

Cholera spreads in Haiti

Red Cross symbol

A declared cholera epidemic has worsened in Haiti prompting health authorities and foreign aid organizations to scramble to fight the most severe health crisis for the impoverished country since it was struck by a strong quake in January. Haiti’s Ministry of Health has confirmed 2,364 cholera cases and 194 deaths, according to Imogen Wall, spokesperson […]

Toyota recalls Avalons, Highlanders

Toyota car

About 1.66 million Toyota vehicles — Avalons and Highlanders — are being recalled by the Japanese carmaker on Thursday, bringing its total number of recalls in the past year to 14 million globally. Most of the affected units are in Japan and the company’s top market the U.S., the company said in an announcement. This […]

Graco recalls strollers following infant deaths

Stroller

Reports of four cases of baby deaths due to strangulation have prompted Graco Children’s Products, Inc. to announce a voluntary recall of 2 million MetroLite and Quattro brand strollers, the U.S. Consumer Product Safety Commission (CPSC) said on Wednesday. Graco’s website says that “entrapment and strangulation can occur, especially to infants younger than 12 months […]

Judge allows probe of computer of Mel Gibson’s girlfriend

Mel Gibson

Los Angeles Superior Court Judge Scott Gordon ruled on Thursday that police investigators can search data stored in a computer used by Oksana Grigorieva, the former girlfriend of Hollywood actor and director Mel Gibson. Grigorieva’s counsel earlier sought to limit how much information the police can get from the computer where she says holds her […]

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