Jan
18

Reactions to Lance Armstrong's confession not favorable

Lance Armstrong called himself a lot of names -- liar, bully, jerk and even humanitarian -- in the first part of his taped interview...
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Become the Ashton Kutcher of Subscription Swag, Before He Does

If you’ve always wanted to create your own monthly subscription box, social commerce startup The Fancy will now do the hard work for you. And here’s the beauty part: They pay you a chunk of every sale.Starting now, anyone – yes, you – can sign up to make their own Fancy subscription box. You can sign up by e-mailing myfancybox@thefancy.com and once they set you up, you get to pick from a...
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Armstrong admits doping: ‘I’m a flawed character’

CHICAGO (AP) — He did it. He finally admitted it. Lance Armstrong doped.He was light on the details and didn’t name names. He mused that he might not have been caught if not for his comeback in 2009. And he was certain his “fate was sealed” when longtime friend, training partner and trusted lieutenant George Hincapie, who was along for the ride on all seven of Armstrong’s Tour de France wins from...
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The Neediest Cases: Medical Bills Crush Brooklyn Man’s Hope of Retiring

Andrea Mohin/The New York TimesJohn Concepcion and his wife, Maria, in their home in Sheepshead Bay, Brooklyn. They are awaiting even more medical bills. Retirement was just about a year away, or so John Concepcion thought, when a sudden health crisis put his plans in doubt. For the past 100 years, The New York Times Neediest Cases Fund has provided direct assistance to children, families...
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DealBook: Michael Dell’s Empire in a Buyout Spotlight

The computer empire of Michael S. Dell spreads across a campus of low-slung buildings in Round Rock, Tex.But his financial empire — estimated at $16 billion — occupies the 21st floor of a dark glass skyscraper on Fifth Avenue in Manhattan.It is there that MSD Capital, started by Mr. Dell 15 years ago to manage his fortune, has quietly built a reputation as one of the smartest investors on Wall Street....
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Jan
17

Group of hostages reportedly escapes Islamist captors in Algeria

CAIRO -- The Algerian news agency reported Thursday that as many as 45 hostages, including Americans, had escaped from a natural...
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Why Lance Armstrong's Confession Should Make <em>You</em> Worry

Lance-o-Rama has broken out … again. But this time, we’re getting a confession. On air. On Oprah. Tonight.While many people speculate about this being his first step towards redemption, a comeback, a new chapter in the doping arms race, the one thing nobody seems to be discussing right now is what L’Affair de Lance means for you.After all, if you’re like most Americans, you watched the Tour...
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“Gangnam Style” takes top song prize at “K-pop Grammys”

(Reuters) – South Korean rapper Psy‘s quirky viral hit “Gangnam Style” took the prize for top song on Wednesday at the 27th annual Golden Disk Awards, a Korean pop event dubbed the “Korean Grammys.”The two-day celebration of all things K-pop, including performances by superstars such as the boy band Super Junior, was held in the Malaysian capital of Kuala Lumpur before hordes of screaming fans, a...
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The New Old Age Blog: Officials Say Checks Won't Be in the Mail

The jig is up.Two years ago, the Treasury Department initiated its Go Direct campaign to persuade people still receiving paper checks for their Social Security, Veterans Affairs, S.S.I. and other federal benefits to switch to direct deposit.“At that point, we were issuing approximately 11 million checks each month,” or about 15 percent of the total, Walt Henderson, director of the campaign, told me.After...
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DealBook: JPMorgan’s Board Uses a Pay Cut as a Message

Shortly after the markets closed on Tuesday afternoon, an emissary from JPMorgan Chase’s board of directors walked two flights down to the 48th-floor corner office of the bank’s chief executive, Jamie Dimon, to deliver a stark message. The board had voted to slash Mr. Dimon’s annual compensation for 2012 by half.At first blush, the move appeared to be a stinging rebuke of Mr. Dimon for his failures...
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