UBS on Wednesday became the first big global bank in more than two decades to have a subsidiary plead guilty to fraud.UBS, the Swiss bank, scrambled until the last minute to avoid that fate. A week ago, in a bid for leniency over interest-rate manipulation, the bank’s chairman traveled to Washington to plead his case to the Justice Department, according to people briefed on the matter. Knowing the...
Dec
19
Jury awards $6.9 million to boy molested by L.A. Unified teacher
Label: World A jury has awarded $6.9 million to a 14-year-old boy who was molested by a Los Angeles Unified School District teacher when...
Text Adventure: <cite>Zork</cite> Creators Honored With Pioneer Award
Label: Technology In the days before graphics, computer games had to entice players with nothing more than a well-turned phrase.Whether you prefer to call them “text adventures” or “interactive fiction,” games played with nothing but writing and verbal commands were a significant part of the early days of interactive entertainment. At the forefront of the medium were the designers of...
Tom Hooper, Mychael Danna join crowded slate of Palm Springs honorees
Label: LifestyleLOS ANGELES (TheWrap.com) – “Les Miserables” director Tom Hooper and “Life of Pi” composer Mychael Danna are the latest awards-season hopefuls to be added to the slate of honorees at the Palm Springs International Film Festival, PSIFF organizers announced on Tuesday.The two will join a list of honorees that in recent days has expanded to include Helen Mirren, Richard Gere, Bradley Cooper and Sally...
Irish Government Set to Allow Abortion in Rare Cases
Label: HealthDUBLIN — The Irish government said Tuesday that it was preparing to allow abortion under limited circumstances in an effort to comply with demands by the European Court of Human Rights to clarify the country’s legal position on the issue. Cathal Mcnaughton/ReutersA vigil was held in Dublin on Monday in memory of Dr. Savita Halappanavar, a 31-year-old dentist who died after being...
Dec
18
Newport Beach dock renters may withhold holiday love
Label: World Marcy Cook embraces the holiday season. The tell? Start with the teddy bears dressed as Santa. More than 1,500 stand sentry...
Intellectual Ventures: Why the Patent System Needs Aggregators Like Us
Label: Technology The U.S. patent system borrowed from mainland Europe a concept that had evolved over hundreds of years: the “moral right” for inventors to protect their ideas. But America’s founders went even further – they also included the obligation for inventors to publish.This extra part of the deal was ingenious: It has been key to America’s history as a global leader in innovation.Because inventors...
“The Office” head Greg Daniels sells tennis comedy to Fox
Label: LifestyleLOS ANGELES (TheWrap.com) – “The Office” might be preparing to close up shop, but the series’ creator is most definitely still open for business.Greg Daniels, who birthed the American version of “The Office” – which is preparing to wrap up its run at the end of this season – has sold a half-hour comedy to Fox via Universal Television and his own Deedle-Dee Productions.The project was sold through...
The New Old Age Blog: In the Middle: Helping Unhappy Couples
Label: HealthA post on Monday discussed the forces that can make an older couple’s good marriage suddenly go bad — an array of subtle, and often-misunderstood, mental, physical and emotional factors that can upset the equilibrium of even the happiest marriages.Now we have consulted marriage counselors and geriatricians to find out what caregivers — either the grown children of the couple, or one of the spouses...
DealBook: Massachusetts Fines Morgan Stanley Over Facebook I.P.O.
Label: BusinessMorgan Stanley is paying for its role in the troubled stock market debut of Facebook.On Monday, Massachusetts’s top financial authority fined the bank $5 million for violating securities laws, the first major regulatory action tied to Facebook’s initial public stock offering.William F. Galvin, the secretary of the commonwealth of Massachusetts, accused the bank of improperly influencing the stock...
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