China's new president, Xi Jinping, right, talks with Chairman of the National People's Congress Zhang Dejiang on Friday, March 15. Xi has vowed to deal with widespread corruption, an endemic problem in China.
China's new president, Xi Jinping, who was formally elected Thursday, is already engaged in his own anti-corruption campaign, threatening to go after the key players — the tigers as well as the flies.
Confronting the issue is a matter of political self-interest and survival for China's new leaders. The problem is how to root out corrupt officials when so many are quite literally invested in the system.
Connecticut-based hedge fund CR Intrinsic Investors "has agreed to pay more than $600 million to settle SEC charges that it participated in an insider trading scheme involving a clinical trial for an Alzheimer's drug," the Securities and Exchange Commission announced Friday.
A van that had been left running and in gear crossed an active runway at Toronto's Pearson International Airport, seen here in a 2012 photo. The incident, which occurred late Monday, is under investigation.
Canadian officials are investigating an incident in which a driverless van traveled across the runway at Toronto's Pearson International Airport, at the same time an Air Canada flight was landing late Monday night. After the plane's pilots reportedly ignored commands to pull up, the jet "narrowly missed" the van, investigators say.
Originally published on Mon April 22, 2013 3:59 pm
Yeah Yeah Yeahs' Karen O pulls off one of the trickiest maneuvers in rock 'n' roll: the ability to appear utterly bonkers on stage while remaining in control of every chaotic outburst. The woman knows how to make an entrance, too: She emerged on stage at Stubb's in Austin — for the band's sole appearance at SXSW 2013 — clad in canary yellow, sporting a sparkly fez, giant eyeglasses, and a glittering scarf.
Originally published on Tue April 16, 2013 2:44 pm
It began, appropriately enough, with a plea for darkness. Nick Cave may have opened his SXSW set in the twilight hours, but if anyone could will the night into being, it's the black-clad Australian star.
Originally published on Fri March 15, 2013 4:19 pm
Update at 3:09 p.m. ET. 14 Additional Interceptors:
The United States will deploy 14 additional ground-based missile interceptors (GBIs) to combat the nuclear attack threats from North Korea and Iran, Secretary of Defense Chuck Hagel said today during a press briefing.
"The United States stands firm against aggression," Hagel said.
Originally published on Fri March 15, 2013 2:03 pm
Comet Pan-STARRS is putting on a bit of a show for those in the Northern Hemisphere through the end of this month. We're seeing some beautiful photos, such as those taken this week by AFP/Getty's Stan Honda. He pointed his camera skyward near Magdalena, N.M.
The best viewing came earlier this week, but Forbes writes that if you're in the Northern Hemisphere you're not too late to see Pan-STARRS. It offers some tips:
Originally published on Mon April 15, 2013 4:31 pm
Local Natives, a Los Angeles-based indie-rock outfit, made a splash in 2009 with its self-funded debut album Gorilla Manor. The band went on tour with Arcade Fire and The National in support of the record, which hit No. 3 on the Billboard 200 New Artist Chart.