Police charge teenager with London riots murder

British police have charged a 16-year-old boy with murdering a retiree who was attacked by rioters in London last week.
The boy, who can’t be named because of his age, is accused of killing 68-year-old Richard Bowes.
Bowes was found lying in a street during riots in Ealing, west London, on Aug. 8. He died of head […]

Asia theme park boom is big business for designers

A rush of theme park construction across Asia that will result in new homes for Mickey Mouse, the Monkey King and Hello Kitty is also providing a financial lifeline for the world’s elite group of entertainment designers.
New theme parks, resorts and casinos are scheduled to open from Singapore to Seoul over the next several years […]

How we survived a layoff and 35% pay cut

Four years ago my husband accepted a transfer from Ottawa to Toronto. We were excited to come back to the GTA and bought a fixer-upper in a great neighbourhood in Unionville.
Late in 2009, after finishing a $110,000 renovation, my husband was laid off from his job as a marketing director for a Markham high-tech company. […]

IMF: Europe needs swift plan for eurozone debts

The International Monetary Fund official overseeing Ireland’s bailout has blamed policymaking delays and infighting in the European Union _ particularly over whether to make private bondholders share in losses _ for needlessly worsening the eurozone debt crisis.
Ajai Chopra, deputy director of the IMF in Europe, made his surprisingly critical comments Thursday while sitting alongside senior […]

France says its E.coli strain same as Germany’s

France’s health minister says experts are “99 percent sure” that the E. coli outbreak that put seven people in the hospital in Bordeaux region is the same strain of bacteria that killed 44 people _ all but one in Germany.
Hospital officials say that three of the seven sickened are on dialysis, while a 78-year-old is […]

Germany: outbreak waning, but more deaths possible

Germany’s health minister says he’s hopeful that the worst of an E. coli outbreak blamed on sprouts is over _ but he is warning that the number of deaths, now at 33, may still increase.
Minister Daniel Bahr’s comments came after health officials announced on Friday that they had traced the outbreak to sprouts from a […]

Microsoft closing in on $8.5 billion deal to buy Skype: source

Microsoft Corp is close to buying web video conferencing service Skype Technologies for $8.5 billion including debt, a source familiar with the situation said, in a deal which would rank as the biggest for the software company.
A deal is expected to be announced as early as Tuesday morning, the source said. The source declined to […]

China Orders Banks to Reserve More Cash as Prices Surge - Bloomberg

China increased banks’ reserve requirements to lock up cash and limit inflation after economic growth exceeded forecasts and consumer prices rose by the most since 2008.
Reserve ratios will rise a half point from April 21, the People’s Bank of China said in a one-sentence statement on its website today. The move, taking the requirement […]

CIA debunks myths about agency jobs

Highlights from StLJobWatch, a blog tracking employment economic and labor issues in St. Louis and beyond.
CIA debunks job myths
Wandering around the exhibits at a career fair last week, I happened upon a departure from the embossed pens, T-shirts, water bottles and the swag normally found at these affairs.
It was a booklet. A booklet bearing the […]

Bernanke says bank overhaul will help small banks

Federal Reserve Chairman Ben Bernanke told a group of small-bank executives on Wednesday that the financial overhaul will benefit their institutions because it will level the playing field with the industry’s giants.
Bernanke said it would be important for the banks to adapt to the changing regulatory environment, in remarks prepared for the annual convention in […]