BBC head says broadcaster must reform or die

LONDON (Reuters) – Britain‘s BBC could be doomed unless it makes radical changes, the head of its governing trust said, after its director general quit to take the blame for the airing of false child sex abuse allegations against a former politician.BBC Trust chairman Chris Patten said on Sunday confidence had to be restored if the publicly funded corporation...

Read More..

Boy Donates Bar Mitzvah Money to Fund Veterans’ Reconstructive Surgeries

At a time when he’s supposed to be celebrating himself, 13-year-old Josh Neidorf decided to make his bar mitzvah about celebrating those who serve their country. As a result, he donated most of  his bar mitzvah money to Operation Mend, a groundbreaking program out of UCLA that repairs extreme injuries and disfigurements in soldiers returning from...

Read More..

Japan’s economy shrinks 3.5 percent in 3rd quarter

TOKYO (AP) — Japan‘s economy contracted in July-September, its first contraction in three quarters, foiling hopes for a rebound and signaling to many economists it may already be in recession.The minus 3.5 percent annual growth rate for the quarter reported Monday was in line with gloomy forecasts for the world’s third-largest economy, which has suffered...

Read More..

BBC must reform or die, says Trust chairman

LONDON (Reuters) – The BBC could be doomed unless it makes radical changes, the head of its governing trust said on Sunday, after its director general quit to take the blame for the airing of false child sex abuse allegations against a former politician.Chris Patten, chairman of the BBC Trust, said confidence had to be restored if the publicly funded corporation...

Read More..

Ohio teen gets prison for life in Craigslist murders

AKRON, Ohio (Reuters) – Seventeen-year-old Brogan Rafferty was sentenced to life in prison without parole Friday for his role in the killing of three men, two of whom were lured by a Craigslist ad promising work on an Ohio farm.Rafferty was 16 when he was arrested in November 2011, but was tried as an adult. He was convicted late last month in the murders...

Read More..

Boehringer Ingelheim to start late-stage hepatitis C drug trial

BOSTON (Reuters) – Boehringer Ingelheim said on Saturday it plans to initiate a late-stage clinical trial of its experimental hepatitis C treatment following promising results from earlier studies.The company announced final data from a mid-stage trial of its treatment regimen which showed that 69 percent of patients in the study were free of the virus...

Read More..

The Workday After Tomorrow

What happens when business as usual is impossible? When millions in the Northeast lost power, cell service, Internet access, and running water due to Superstorm Sandy, companies scrambled to find the answer. Some improvised on the spot: Keith McNally’s New York City bistro Balthazar grilled steaks and served lobster on Prince Street, while Katz’s...

Read More..

Twin explosions strike southern Syrian city

BEIRUT (AP) — Syria‘s state-run news agency says two large explosions have struck the southern city of Daraa, causing multiple casualties and heavy material damage.SANA did not immediately give further information or say what the target of Saturday’s explosions was. The Britain-based Syrian Observatory for Human Rights...

Read More..

Spotify to raise $100 million at $3 billion valuation – report

(Reuters) – Spotify is in the middle of a $ 100 million financing round that could value the music streaming company at just over $ 3 billion, the Wall Street Journal reported citing sources.The Journal said Spotify would raise the fresh capital from multiple investors including Goldman Sachs. The WSJ report did not name any other investors. Spotify...

Read More..

Philip Roth says he’s done writing

NEW YORK (AP) — Exit, Philip Roth? Having conceived everything from turning into a breast to a polio epidemic in his native New Jersey, Roth has apparently given his imagination a rest.The 79-year-old novelist recently told a French publication, Les inRocks, that his 2010 release “Nemesis” would be his last. Spokeswoman Lori Glazer of Houghton Mifflin...

Read More..