• Profits jump at tech giant Huawei

    Chinese tech giant Huawei Technologies says profits jumped a third last year, boosted by strong performances in all its businesses. The world’s second biggest telecoms equipment maker said its net profit was 27.9bn yuan ($4.5bn;...
  • Singapore charges Lee criticism teen

    Singapore charges Lee criticism teen

    Amos Yee’s father apologised outside court to Lee Kuan Yew’s son, the current PM Lee Hsien Loong A Singapore teenager has been charged over an online video criticising Christianity and the country’s recently deceased founding...
  • Oilers deal another blow to Avs’ playoff hopes

    Denver, CO (SportsNetwork.com) – For the second time in less than a week, the lowly Edmonton Oilers delivered a huge blow to the Colorado Avalanche’s playoff hopes. Richard Bachman made 29 saves, Andrew Miller collected...
  • Red Cross aid worker killed in Mali

    A Red Cross employee has been killed and another injured in a gun attack by suspected Islamist militants in Mali, the aid organisation says. Armed men opened fired on an aid vehicle as it travelled...
  • Djokovic, Nishikori and Raonic reach last 16 in Miami

    MIAMI (Reuters) – Defending champion Novak Djokovic defeated Belgium’s Steve Darcis 6-0 7-5 on Monday to power into the last 16 of the Miami Open along with Japan’s Kei Nishikori, Canada’s Milos Raonic and American...

Headline News

  • Dozens of student loan recipients face default after refusing to pay back money


    March 30, 2015: Makenzie Vasquez, from left, Pamala Hunt, Latonya Suggs, Ann Bowers, Nathan Hornes, Ashlee Schmidt, Natasha Hornes, Tasha Courtright, Michael Adorno and Sarah Dieffenbacher, pose for a picture in Washington. Former and current college students calling themselves the Corinthian 100 say they are on a debt strike and refuse to pay back their student loans. (AP Photo/Manuel Balce Ceneta) WASHINGTON –  Sarah Dieffenbacher is on a debt strike. She’s refusing to make payments on the more than $100,000 in federal and private loans she says she owes for studies at a for-profit college that she now considers so worthless she doesn’t include it on her resume. The “debt strike” sentiment is catching on. ADVERTISEMENT ADVERTISEMENT Calling themselves the “Corinthian 100″ — named for the troubled Corinthian Colleges, Inc., which operated Everest College, Heald College and WyoTech before agreeing last summer to sell or close its 100-plus campuses — about 100 current and former …

    March 31, 2015 2:45 am
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Politics

  • China to delay bank tech restrictions, U.S. Treasury official says


    BEIJING (Reuters) – China has agreed to delay implementing new bank technology restrictions that Washington has complained represent unfair regulatory pressure on foreign firms, a senior U.S. Treasury official said in Beijing on Monday. China said this month work was ongoing on a draft anti-terrorism law that would require foreign companies to hand over encryption keys and otherwise facilitate Beijing’s ability to bypass security measures, triggering U.S. protests. Another set of financial sector regulations would push China’s state-owned banks to buy technology from domestic vendors. Beijing is now delaying the regulations that applied to the banks, according to the official, speaking after meetings between U.S. Treasury Secretary Jack Lew and senior Chinese officials, including Premier Li Keqiang. There was no immediate comment from China, but U.S. industry groups, which have been lobbying hard on the issue, cautiously welcomed the move. “We are encouraged that there seems to be a delay; what we now need is …

    March 30, 2015 11:22 pm
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Stocks

  • How Hong Kong’s subway turns a $2 billion annual profit


    You can find one of Hong Kong’s most profitable businesses about 30 meters below the earth’s surface. The city’s subway is the face of the Mass Transit Railway Corporation (MTR) — a publicly traded company that pulled in $5.2 billion in revenue last year. With a $2 billion annual profit, the Hong Kong’s subway is an anomaly among major rail networks. New York’s subway, for example, suffers from chronic funding gaps and will spend nearly $2.5 billion in 2015 to service its debt. How does Hong Kong’s train and bus network manage to clear its mind-boggling margins? First off, this is one impressive subway system. Even with more than 5 million daily commuters, MTR trains boast a 99.9% on-time arrival rate. Fares are notoriously cheap ($.50 to $3), but cover roughly 175% of the system’s operating costs. But the company’s real profits are derived from a lesser-known side of the business: property development. Some 50 …

    March 31, 2015 1:44 am
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Sports

  • Oilers deal another blow to Avs’ playoff hopes


    Denver, CO (SportsNetwork.com) – For the second time in less than a week, the lowly Edmonton Oilers delivered a huge blow to the Colorado Avalanche’s playoff hopes. Richard Bachman made 29 saves, Andrew Miller collected three assists and the Oilers posted a 4-1 win over the Avalanche at Pepsi Center. “We’re starting to understand that if we play the game the right way for 60 minutes we’ll have success,” Oilers interim coach Todd Nelson said. Ryan O’Reilly scored a goal to extend his point streak to a career-high eight games, but the Avalanche were unable to close the gap on Winnipeg for the second wild-card spot in the Western Conference. They remain eight points back of the idle Jets with six games remaining. Semyon Varlamov stopped 32 shots for Colorado, which lost 4-3 at Edmonton last Wednesday. “I’m going to push… and I like to think the players will do the same,” Avs coach Patrick …

    March 31, 2015 2:45 am
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World News

  • Singapore charges Lee criticism teen


    Amos Yee’s father apologised outside court to Lee Kuan Yew’s son, the current PM Lee Hsien Loong A Singapore teenager has been charged over an online video criticising Christianity and the country’s recently deceased founding PM Lee Kuan Yew. Sixteen-year-old Amos Yee, who was detained on Sunday shortly after Mr Lee’s state funeral, has been given bail set at S$20,000 (£9,800; $14,500). The video sparked a huge backlash from grieving Singaporeans and more than 20 police reports were lodged. Singapore has strict hate speech laws strengthened under Mr Lee’s leadership. Lee Kuan Yew was deeply respected by Singaporeans and his death last week prompted unprecedented public mourning. He was widely seen as the architect of Singapore’s prosperity, but during his 31 years as prime minister he also clamped down on opponents, imposed strict social rules and tight political control. Father’s apology In the expletive-laden eight-minute video which was uploaded last Friday, Amos Yee celebrated Mr …

    March 31, 2015 2:45 am
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Technology

  • Profits jump at tech giant Huawei


    Chinese tech giant Huawei Technologies says profits jumped a third last year, boosted by strong performances in all its businesses. The world’s second biggest telecoms equipment maker said its net profit was 27.9bn yuan ($4.5bn; £3bn), up from 21bn yuan in 2013. That matched the company’s forecasts announced in January. The firm, which is also a major smartphone maker, saw revenues rise by 21% over the year. “Our cash flow, revenue, and profit all grew over the previous year,” said chief financial officer Meng Wanzhou in a statement on Tuesday. “Moreover, our debt and financing structures have continuously improved.” Foreign exchange gains also had a big impact on the company’s earnings, because it generates more than 60% of its revenue abroad. Huawei’s growth comes despite it facing challenges in several major economies. In the US, it was branded a national security threat by legislators, because of its alleged close ties with the Chinese government. Meanwhile, …

    March 31, 2015 3:05 am
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Science

  • NASA Announces New Partnerships with U.S. Industry for Key Deep-Space Capabilities


    [image-36] Building on the success of NASA’s partnerships with commercial industry to date, NASA has selected 12 Next Space Technologies for Exploration Partnerships (NextSTEP) to advance concept studies and technology development projects in the areas of advanced propulsion, habitation and small satellites. Through these public-private partnerships, selected companies will partner with NASA to develop the exploration capabilities necessary to enable commercial endeavors in space and human exploration to deep-space destinations such as the proving ground of space around the moon, known as cis-lunar space, and Mars. “Commercial partners were selected for their technical ability to mature key technologies and their commitment to the potential applications both for government and private sector uses,” said William Gerstenmaier, associate administrator for Human Exploration and Operations at NASA Headquarters. “This work ultimately will inform the strategy to move human presence further into the solar system.” Results from these studies and hardware developments also will help determine the role for …

    March 30, 2015 11:22 pm
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Health

  • Arizona governor signs bill blocking abortion coverage through Obamacare


    PHOENIX (Reuters) – Arizona Republican Governor Doug Ducey signed a law on Monday that requires doctors to tell women that drug-induced abortions can be reversed and that blocks the purchase of insurance on the Obamacare health exchange that includes abortion coverage. The requirement that patients be told that the effects of abortion pills may be undone by using high doses of a hormone was the most hotly contested provision during legislative debate. Supporters said there was ample evidence the reversal was possible if acted upon quickly, although they provided no peer-reviewed studies in support of their position. Critics called the argument “junk science.” The bill cleared the Republican-controlled Legislature last week, largely along party lines. In December, the U.S. Supreme Court blocked Arizona from enforcing a state law that restricted access to abortion-inducing drugs by prohibiting off-label uses of RU-486, known as the “abortion pill.” In a statement regarding the bill’s provision barring women from …

    March 30, 2015 11:22 pm
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Entertainment

  • Josh Murray gets brutally honest about his breakup with Andi


    More: Andi Dorfman and Bachelorette runner-up Nick Viall spark dating rumors At least, that’s what Josh Murray has to say. The ex-fiancé of Bachelor and Bachelorette alumna, Andi Dorfman, isn’t dancing around the issue when he talks about the end of their relationship, which they broke off in January after getting engaged on the Season 10 finale of The Bachelorette. In fact, when asked by reporters at Sunday’s iHeartRadio Music Awards whether he misses Dorfman, Murray got brutally honest. “No,” Murray said. “We’re friends and everything like that. But at the end of the day, when you’re very different from somebody else it just doesn’t work out.” More: Nick Viall reveals why he dropped bombshell about Andi Dorfman But despite that, it doesn’t sound like Murray has moved on completely just yet. “There’s no romance in my life,” he continued. “I do want to settle down and have kids, but the right woman has to …

    March 31, 2015 1:44 am
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Editorial

  • Obama’s race to chaos


    Starnes: Pence Defends Religious Liberty From Intolerant Bullies March 30, 2015

    March 30, 2015 11:23 pm
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Odd News

  • Alabama lawmaker pushes repeal of law named after his dead patient


    (Reuters) – An Alabama doctor-turned-lawmaker is seeking to overturn a state law named for one of his patients, whose death 16 years earlier triggered legislation requiring insurers to pay for minimum post-pregnancy hospital stays, records show. “Rose’s Law,” named after 36-year-old Rose Church, who died of a heart attack 10 days after giving birth in 1998, requires insurers in Alabama to cover post-pregnancy hospital stays up to 48 hours. It was championed by her widower, Gene Church, who said she was discharged too quickly and without proper tests. State Senator Larry Stutts, a Republican first elected in November 2014, was Church’s gynecologist at the time of her death, and was named in a lawsuit filed by the widower. Stutts introduced his measure on March 18, billing it in a subsequent Facebook posting as a means to eliminate intrusion into doctor-patient relations and as getting rid of “one-size-fits-all Obamacare-style laws.” Church views it differently. “This was …

    March 30, 2015 11:22 pm
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