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Archive for March, 2013

Police: Suspect Was Trying To Make Haircut

SALT SPRINGS, Fla. (UPI) — Authorities in Florida said a man accused of crashing his car through a construction barricade told deputies he was rushing to get to a haircut appointment. The Marion County Sheriff’s Office said William Faulkner, 76, allegedly drove his 2001 Lincoln through a construction barricade blocking an entrance to Salts Springs […]

U.S. Consumer Spending Rose In February

WASHINGTON (UPI) — Consumer spending rose 0.7 percent and incomes were up 1.1 percent in February, the U.S. Commerce Department said Friday. Personal spending rose by $77.2 billion, with help from a $143.2 billion boost in incomes. Disposable incomes increased by $127.8 billion, or 1.1 percent, the department said. The figures represent a turnaround for […]

SAC Capital Money Manager Arrested

NEW YORK (UPI) — U.S. authorities said they arrested a SAC Capital Advisors portfolio manager in New York as part of an insider trading investigation. The arrest of Michael Steinberg at his Park Avenue apartment makes a total of nine SAC employees implicated in the case. Four have entered guilty pleas, The New York Times […]

BofA Saddled With Top Spot In Complaints

WASHINGTON (UPI) — Bank of America’s purchase of Countrywide Financial Corp. pushed it to the No. 1 spot on a list of consumer complaints, data from a watchdog agency show. BofA responded to the complaints data by praising the goal of transparency at the Consumer Financial Protection Agency, the watchdog agency that was created in […]

Hollande Proposes Payroll Tax On Wealthy

PARIS (UPI) — French President Francois Hollande said he would try a new approach to raising taxes on the wealthiest wage earners with a  75 percent payroll tax. An earlier proposal to make the top tax rate in France 75 percent, which would apply to those earning more than $1,300,000 per year, was shot down […]

200,000 Knockoffs Seized In Italy

TURIN, Italy (UPI) — Italian authorities said they seized more than 200,000 reproductions of jewelry and other items and were trying to find the source of the counterfeits. Turin police seized knockoffs of Louis Vuitton, Guess, Chanel and Bulgari merchandise, ANSA reported Friday. Authorities said they were concerned that the fraudulently labeled items could pose […]

Plague Of Locusts Hits Madagascar

ANTANANARIVO, Madagascar (UPI) — The worst plague of locusts in 60 years has infested about half of Madagascar, threatening crops and creating worries of food shortages, a U.N. agency says. More than half of the population could be at risk of hunger as the plant-devouring insects scour the countryside, the U.N.’s Food and Agricultural Organization […]

Lasers Could Yield Particle Research Tool

SOUTHAMPTON, England (UPI) — A laser system using telecom technology may produce a next-generation particle accelerator similar to the Large Hadron Collider in Switzerland, physicists say. The International Coherent Amplification Network consortium, an international group of physicists from a number of research organizations, said a laser system composed of massive arrays of thousands of fiber […]

India Leopards Show No Fear Of Humans

NEW YORK (UPI) — Areas of western India completely devoid of wilderness and with high human populations are attracting backyard wildlife including leopards, experts say. A study led by Vidya Athreaya of the Wildlife Conservations Society found as many as five adult large carnivores, including leopards and striped hyenas, per 38 square miles, a density […]

Small, Shallow Quake Hits California

SAN SIMEON, Calif. (UPI) — A shallow earthquake of 3.8 magnitude was recorded 6 miles from San Simeon, Calif., Thursday evening, seismologists say. The U.S. Geological Survey said the temblor occurred at 6:22 p.m. at a depth of 3.7 miles, the Los Angeles Times reported. A 3.2 earthquake at almost the exact same epicenter and […]

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