11 December 2012 Last updated at 10:24 ETDelta Air Lines has agreed a deal to buy Singapore Airlines’ 49% stake in Virgin Atlantic for $ 360m (£224m).Virgin Group and Sir Richard Branson will retain a 51% shareholding, and the Virgin brand will remain in place, the new partners said in a joint statement.The deal is subject to regulatory approval in the US and Europe.It follows a spat between Sir Richard...
Dec
10
McAfee wants to return to US, ‘normal life’
Label: WorldBACALAR, Mexico (AP) — Software company founder John McAfee said Sunday he wants to return to the United States and “settle down to whatever normal life” he can.In a live-stream Internet broadcast from the Guatemalan detention center where he is fighting a government order that he be returned to Belize, the 67-year-old said “I simply would like to live comfortably day by day, fish, swim, enjoy my...
Hug It Out: Public Charter and District Schools Given $25 Million to Get Along
Label: TechnologyIf you need a loan, ask Bill and Melinda Gates. Or better yet, ask one of the seven cities that are splitting a new $ 25 million grant courtesy of the couple’s philanthropic foundation.The funds are going to promote cross collaboration between charter and district schools, which have previously operated in a strict and contentious independence from one another.The foundation announced the award this...
Springsteen, Lady Gaga join Stones concert in NJ
Label: LifestyleNEW YORK (AP) — Bruce Springsteen, Lady Gaga and The Black Keys will join the Rolling Stones on Saturday for the final concert marking the band’s 50th anniversary.The concert will be held at the Prudential Center in Newark, N.J.The band said Monday the concert will be telecast live on pay-per-view.The Stones have played in London and New York on their “50 and Counting” tour. They will also play in...
UK chooses doctor as new head of NICE
Label: HealthLONDON (Reuters) – Britain’s health ministry named a former practising doctor, David Haslam, as the preferred candidate to chair the country’s healthcare cost-effectiveness watchdog NICE on Monday.Haslam will take over as chairman of the renamed National Institute for Health and Care Excellence (NICE) from Michael Rawlins, assuming he passes scrutiny by a committee of MPs.Rawlins, who has chaired...
China Nabs Airplanes and Batteries in Latest U.S. Shopping Spree
Label: BusinessChina’s U.S. shopping spree continues.On Dec. 9, Chinese auto parts and technology company Wanxiang Group won a bankruptcy auction to acquire lithium-ion battery-maker A123 Systems for $ 256.6 million, beating out competing bids by Johnson Controls, Siemens (SI), and NEC. And on Dec. 10, a consortium of Chinese financial firms agreed to purchase AIG’s aviation-leasing business for $ 4.26 billion,...
Dec
09
Peru’s capital highly vulnerable to major quake
Label: WorldLIMA, Peru (AP) — The earthquake all but flattened colonial Lima, the shaking so violent that people tossed to the ground couldn’t get back up. Minutes later, a 50-foot (15-meter) wall of Pacific Ocean crashed into the adjacent port of Callao, killing all but 200 of its 5,000 inhabitants. Bodies washed ashore for weeks.Plenty of earthquakes have shaken Peru‘s capital in the 266 years since that fateful...
MiFi With Touchscreen is a Road Warrior’s Dream
Label: TechnologyMeet the Novatel MiFi Liberate: the first mobile access point with a touchscreen, letting you configure it without connecting it to a computer.If you’re not familiar with mobile access points, these handy gadgets allow you to hook up to the Internet via cellular networks. It’s useful, often essential, if you’re in an area that has no Wi-Fi. If you’re in range of a cellular tower, this MiFi Liberate...
Comedian Katt Williams arrested near Sacramento
Label: LifestyleSACRAMENTO, Calif. (AP) — Comedian Katt Williams has been arrested in northern California on a felony warrant related to a police chase.The Sacramento Bee reports (http://bit.ly/UNq5QW ) that Williams was arrested Friday night in Dunnigan, about 25 miles north of Sacramento, by Yolo County deputies.The paper says he was released from the county jail Saturday after posting bail.The sheriff’s department...
Factbox: Chavez’s chosen successor Nicolas Maduro
Label: HealthCARACAS (Reuters) – President Hugo Chavez has named Vice President Nicolas Maduro as the heir of his self-styled socialist revolution should cancer force him out of office. He urged Venezuelans to vote for Maduro in the event of a snap election.Here are some facts about Maduro:* A former bus driver and trade unionist with Caracas public transport, the mustachioed Maduro, 50, has been foreign minister...
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