January 4, 2013
Cohorts in money laundering scam including a Bermuda national jailed
A Montana judge has jailed two California residents for their roles in a Ponzi scheme involving Bermudian Andre Curtis, once the election campaign manager for former Premier Dr Ewart Brown. According to local media reports, Shanna Raymond of…
January 4, 2013
Transocean agrees to pay $1.4bn oil spill fine
Transocean, which owned the Deepwater Horizon oil rig, has agreed to a settlement with the US government. The Swiss-based company will pay $400m (£248m) in criminal penalties and a $1bn civil fine after pleading guilty to violating the Clean Water…
January 4, 2013
US Congress: John Boehner re-elected as House speaker
The US Congress has begun its new term, with House Speaker John Boehner re-elected amid the prospect of more budget battles with the White House. The 113th Congress began two days after the 112th passed an 11th-hour law to avoid the so-called…
January 4, 2013
Google makes concessions to avoid legal action in US
The Federal Trade Commission (FTC) has decided not to take legal action against Google at the end of a 19-month investigation into the search giant. It found Google had not biased its search results to favour its products. Google has agreed to give…
January 4, 2013
Concern over Federal Reserve’s bond-buying programme
A number of senior figures at the Federal Reserve want the US central bank to stop or slow down its bond-buying programme "well before the end of 2013". December minutes of its interest rate-setting Federal Open Market Committee (FOMC) showed that…
January 4, 2013
Spain sees jobless total fall in December
The number of people registered unemployed in Spain fell in December, the Labour Ministry has said, a rare glimmer of hope for its recession-hit economy. Adjusted for seasonal swings, the total fell by 41,023, or 0.8%, in December from the previous…
January 4, 2013
US Agents Arrest 245 Suspects in Child Pornography Ring
U.S. federal agents have arrested 245 suspects in an international investigation of child pornography. The head of the U.S. Immigration and Customs Enforcement Agency, John Morton, said Thursday that authorities rescued 123 sexually abused children,…
January 4, 2013
Water Found in 2 Billion-Year-Old Mars Rock
Scientists examining a 2 billion-year-old rock from Mars that landed in the Sahara desert say it holds a large amount of water for a Martian meteorite. Experts at the University of New Mexico say the rock has about 30 times the water of other Mars…
January 4, 2013
Iraq Car Bomb Kills at Least 20
Iraqi authorities say a car bomb has killed at least 20 Shi'ite Muslim pilgrims on their way home from a religious procession in the country's south. Police said Thursday's attack at a busy bus station in the town of Musayyib hit the pilgrims as…
January 4, 2013
Suspected US Drone Strike Kills Top Militant Commander in Pakistan
Pakistani security officials say recent U.S. drone strikes in tribal regions bordering Afghanistan have killed at least 14 al-Qaida-linked militants, including a top militant commander. Officials say several missiles were fired before dawn on…