Monday, September 19, 2011

Officials: English tourist kidnapped by Somali pirates

Officials: English tourist kidnapped by Somali pirates: An English tourist kidnapped from a remote Kenyan resort is being held by Somali pirates in a remote corner of the lawless country, according to experts and security analysts in Nairobi.




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Perry goes after Fla. votes ahead of straw poll, debate

Perry goes after Fla. votes ahead of straw poll, debate: GOP presidential hopeful Rick Perry is going all out for Florida voters, in advance of a GOP debate and straw poll this week in Orlando.







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WTF



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Man found stabbed in hotel breezeway

Man found stabbed in hotel breezeway: (Staff Reports) A man was stabbed several times at an airport motel early Monday and now police are questioning the woman they believe was with him.

Charlotte-Mecklenburg Police said they found the man in the breezeway of the motel at 4230 Keeter Drive off Little Rock Road in Charlotte. They followed a trail of blood back to his room, and used motel records to determine a woman was in the room with him, according to WBTV.

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Gas prices in Charlotte down 6 cents

Gas prices in Charlotte down 6 cents: Average retail gasoline prices in Charlotte have fallen 5.9 cents per gallon in the past week, averaging $3.55 per gallon Sunday, gas tracking website GasBuddy.com reported.

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The case for the Netflix split

The case for the Netflix split: FORTUNE -- By now you've probably heard that Netflix (NFLX) is splitting its business into two parts: Its digital streaming business (retains the name Netflix) and its DVD mailing business, which was its original business (to be called Qwikster).

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Obama's day: A debt plan, a UN visit, a fundraiser

Obama's day: A debt plan, a UN visit, a fundraiser: Good morning from The Oval. On this day in 1881, President James Garfield died of gunshot wounds inflicted more than two months earlier.





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Monday, September 12, 2011

Bank of America to cut $5 billion in annual expenses

Bank of America to cut $5 billion in annual expenses: (By Rick Rothacker, rrothacker@charlotteobserver.com) Bank of America Corp. plans to slash $5 billion in annual expenses in the first phase of its ongoing cost-cutting initiative, chief executive Brian Moynihan told investors this morning.

The reduction amounts to 18 percent of the $27 billion in expenses the Charlotte bank tallied for consumer banking, credit card, home loans, technology and operations and other support functions in the year that ended March 31. The cost savings will be fully achieved by the end of 2013, Moynihan said at an investor conference in New York.

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MLK Memorial to be dedicated October 16

MLK Memorial to be dedicated October 16: The official dedication of the Martin Luther King Jr. National Memorial in Washington, which was postponed because of Hurricane Irene last month, will be held on October 16, Harry Johnson Sr., head of the Dr. Martin Luther King Jr. National Memorial Foundation, said Saturday.




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2 die, third critical in Salisbury car accident

2 die, third critical in Salisbury car accident: Two people were killed and a third was in critical condition following a two-vehicle accident late Sunday night in Salibsury.

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Warren Buffett hires investment manager

Warren Buffett hires investment manager: It is surely unprecedented for a person to spend $5,252,722 to get a job, but in a funny way, that is precisely what Ted Weschler, of Charlottesville, Virginia, did. The details, in all their improbability: Warren Buffett announced this morning that Weschler, 50, the highly successful managing partner of hedge fund Peninsula Capital Advisors, will soon join Berkshire Hathaway to run a portion of its investments.

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100 fastest-growing companies

100 fastest-growing companies: Our annual collection of rising phenoms reveals who - and what - is succeeding even in a stagnant economy.

World stocks tumble on Europe debt worries

World stocks tumble on Europe debt worries: U.S. stock futures point to a lower open Monday.







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Saturday, September 10, 2011

Gophers coach has a seizure on sideline

Gophers coach has a seizure on sideline: University of Minnesota head football coach Jerry Kill is in stable condition after suffering a seizure on the sideline of a game against New Mexico State on Saturday, the team doctor said.




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No. 12 S.C. outlasts UGA, Murray's 4 TDs in 45-42 win

No. 12 S.C. outlasts UGA, Murray's 4 TDs in 45-42 win: ATHENS, Ga. (AP) South Carolina scored twice off turnovers, including defensive end Melvin Ingram's second touchdown with
3:12 remaining, and the No. 12 Gamecocks beat mistake-prone Georgia 45-42 Saturday for the early lead in the Southeastern
Conference East.

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