Xbox One launch – as it happened
Microsoft is showing off its new rival to Sony’s Playstation 4 in first major revamp of Xbox since 2005. Follow coverage here
NY art dealer tied to forgeries charged with tax fraud
By Jonathan Stempel
NEW YORK |
Tue May 21, 2013 2:33pm EDT
NEW YORK (Reuters) – Federal prosecutors on Tuesday charged a New York art dealer with tax fraud in connection with the sale of paintings she claimed to be the works of celebrated abstract expressionists, but some of which the government said were fakes.
Glafira Rosales, 56, faces three counts of filing false tax returns and five counts of concealing a Spanish bank account from the Internal Revenue Service.
“Rosales gave new meaning to th [...]
Bank Danamon stake sale approved
21 May 2013
Last updated at 10:47 ET
DBS chief executive Piyush Gupta is looking to expand further into emerging markets
Singapore’s DBS Group has received approval to buy a 40% stake in Indonesia’s Bank Danamon, more than a year after it launched a multi-billion dollar takeover bid.
DBS had originally offered about $6.8bn (£4.5bn) for full control of Danamon.
However, the deal was delayed after Indonesian regulators moved to limit foreign ownership in local lenders.
Indonesia says a full takeover is still pos [...]
JPMorgan’s Dimon wins by a landslide
Once again Jamie Dimon sailed above his detractors but JPMorgan’s board didn’t fare as well
One of the most highly anticipated shareholder meetings of 2013 came and went with Dimon seemingly even more entrenched in his roles as chairman and CEO after just 32.2% of shareholders called for an independent chairman at the company’s annual shareholder meeting in Tampa, Fla.
Last year, 40% voted in favor of splitting the roles.
Three directors who sit on JPMorgan’s risk committee also won reelection, but by much nar [...]
McBryde admits back-row ‘gamble’
Wales’ Japan tour coach Robin McBryde admits omitting a specialist open-side flanker for the trip is a ‘gamble’.
Wales’ leading specialist sevens
Sam Warburton and Justin Tipuric will be British and Irish Lions in Australia.
Warburton’s Cardiff Blues colleague Josh Navidi was in contention to tour Japan, but has been
omitted.
Scrum V meets the Shinglers
“Yes, it’s a gamble. However, I think we’ve [...]
Tunisia announces first death from new coronavirus
Tunis |
Tue May 21, 2013 12:24pm EDT
Tunis (Reuters) – A 66-year-old Tunisian man has died from new coronavirus, a strain of a virus that emerged in the Middle East last year, after a visit to Saudi Arabia, the health ministry said on Tuesday.
The man, a diabetic, died in hospital in the city of Monastir, ministry spokesman Ibrahim Labassi said. It was the first death in Tunisia from the virus.
“Tests showed that his two sons were infected by the same virus and they are under medical observation, [...]
IRS officials deny misleading Congress on targeting
By John Whitesides and Kim Dixon
WASHINGTON |
Tue May 21, 2013 2:30pm EDT
WASHINGTON (Reuters) – Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency’s targeting of conservative groups for extra tax scrutiny until recently and did not deliberately mislead lawmakers last year when they did not reveal the practice.
Exasperated senators questioned the truthfulness of former IRS Commissioner Douglas Shulman, who led the agency from 2008 to 2012, and outgoing [...]
Xbox One vs. Playstation 4
The new Xbox can finally be directly compared to the PlayStation 4. Check out the table below.
(Credit:
James Martin/CNET)
REDMOND, Wash. — Microsoft revealed specs and features for the Xbox One today at an event in Redmond Washington. This finally gives us a chance to directly compare the new Xbox One to the PlayStation 4.
Live from Microsoft’s Xbox reveal (pictures)
Check below for the comparison. We hope to update the chart as we gather more information.
This story [...]
On Our Radar: GLASS
When it comes to swimwear for gents, there’s a new kid on the beach, repping a hip breed of shoreline swagger: New York City’s GLASS. “I kept thinking, What would both Gianni Agnelli and Jean-Michel Basquiat wear [to the pool]?” founder John Glass told Style.com. The designer, who grew up between New York, Martha’s Vineyard, and London whilst studying history and, as of late, working in branding at Tom Ford, is a man of varied interests. While in the U.K., he hung out with a Savile Row crew—even tagging along on trips to tweed mills in S [...]
Arias pleads for her life, says ‘I want everyone’s pain to stop’
Rob Schumacher / AP file
Jodi Arias, seen in court on May 15, is expected to speak to the jury that will decide whether she should get the death penalty.
PHOENIX — Jodi Arias, convicted of brutally murdering her ex-boyfriend, is expected on Tuesday to address a jury in Arizona tasked with deciding whether she should join the small group of women sitting on death row in the United States.
Arias, 32, was found guilty earlier this month of the murder of Travis Alexander, whose body was found slumped in the shower of his Phoenix-area [...]
Nigeria to free ‘terror’ women
21 May 2013
Last updated at 14:03 ET
Boko Haram has been demanding the release of suspects
Nigeria’s President Goodluck Jonathan has ordered the release of all women held in connection with “terrorist activity”, the defence ministry says.
The decision was aimed at enhancing peace efforts in Nigeria, it added.
The army is conducting an offensive in three states, where an emergency was declared last week to fight the militant Islamist group Boko Haram.
The group had set the release of women and children [...]
Beckham junior trains with QPR academy
LONDON |
Tue May 21, 2013 2:11pm EDT
LONDON (Reuters) – David Beckham’s eldest son Brooklyn has trained at the junior academy of London club Queens Park Rangers and bookmakers are already offering short odds that the 14-year-old will emulate his father by playing for England.
QPR said on Twitter that he was training with them but had not officially joined their academy.
Beckham senior, who began his career by joining Manchester United’s academy also at the age of 14, retired from the game l [...]