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Music Interviews
3:27 pm
Thu December 13, 2012

Cooking Up Holiday Songs From Scratch

Left to right: Seth Jabour, Amy Carlson and Syd Butler of Office Romance. The group's new EP is called I Love the Holidays.
Courtesy of the artist

Originally published on Thu December 13, 2012 7:01 pm

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Business
3:25 pm
Thu December 13, 2012

HSBC Critic: Too Big To Indict May Mean Too Big To Exist

HSBC has agreed to pay $1.92 billion to settle a multiyear U.S. criminal probe into money-laundering lapses at the British lender, the largest penalty ever paid by a bank.
Edgard Garrido Landov/Reuters

Originally published on Thu December 13, 2012 7:01 pm

Federal and state authorities have received criticism after deciding not to indict HSBC on accusations that it laundered money for Mexican drug cartels and conducted prohibited transactions on behalf of countries like Iran and Sudan. Instead, they entered into a $1.9 billion settlement this week with the bank.

There's no question that HSBC is a massive, sprawling operation. It markets itself as the world's local bank. But watchdogs of the banking industry say mere size should never insulate an organization from the law.

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The Two-Way
3:24 pm
Thu December 13, 2012

Gravity Never Sleeps, And Other Lessons Nations Learn From Space Programs

This picture received from North Korea's official Korean Central News Agency on Wednesday shows an orbit image of the satellite Kwangmyongsong-3, being monitored on a large screen at a satellite control center in Cholsan county, North Pyongan province in North Korea.
AFP/Getty Images

Originally published on Thu December 13, 2012 3:51 pm

Sputnik 1 just beeped. China's first satellite, launched more than a decade later, simply radioed a communist anthem back to Earth. So far, North Korea's first satellite appears to be less accomplished.

And that shouldn't be a surprise.

Given the history of first orbital space shots, North Korea's apparent struggle with its mission is fairly typical, says David Akin, an associate professor of aerospace engineering at the University of Maryland.

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The Two-Way
3:23 pm
Thu December 13, 2012

Ambassador Rice Asks Not To Be Considered For Secretary Of State

U.N. Ambassador Susan Rice.
Allison Joyce Reuters /Landov

Moving to withdraw her name from among those being considered to be the next secretary of state, embattled U.N. Ambassador Susan Rice has told President Obama she does not want to be nominated.

The White House just released a statement from the president that says, in part:

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National Security
3:22 pm
Thu December 13, 2012

Chronology: The Benghazi Attack And The Fallout

An armed man waves his rifle as buildings and cars are engulfed in flames after being set on fire inside the U.S. Consulate compound in Benghazi late on Sept. 11.
AFP/Getty Images

Originally published on Thu December 20, 2012 10:31 am

A look at the events surrounding the Sept. 11 attack on the U.S. diplomatic post in Benghazi, Libya, and the controversy that followed.

Before The Attack: February 2011-Sept. 10, 2012

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