US Embassy: US citizen kidnapped in Nigeria freed

A spokeswoman for the U.S. Embassy in Nigeria says a U.S. citizen kidnapped in the country’s oil-rich southern delta has been released.
Spokeswoman Deb MacLean told The Associated Press on Friday the man had been released. She declined to offer any other information.
Police previously said the attack happened in Warri, the capital of Delta state. The […]

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UK’s tallest building adds drama to London’s sky

Passengers stepping out of London Bridge tube station cannot help but crane their necks to gaze at the jagged tower under construction: The Shard is the tallest building in the European Union and looks like a slice of glass balanced on the edge of the financial district.
When the tower opens next year, visitors to the […]

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In the future, can you remain anonymous?

Face recognition and detection technology is becoming cheaper, faster, and much more commonplace, raising the question of whether people will be able to remain anonymous in the near future.
Digital signs and sensors that detect and recognize faces are no longer a matter of science fiction. They are real and are popping up everywhere from […]

Little benefit in boosting already-high credit score

Jeff Rose, 33, a financial planner, is trying to improve his credit score — even though it’s 780, which is 69 points above the median score.
Rose, who lives in Carbondale, Ill., said he opened up a second credit card last year to establish another line of credit and help boost his score. He said he […]

Supervalu 3rd quarter loss widens

Grocery store operator Supervalu says its fiscal third quarter net loss widened due to costs related to a turnaround plan, continued high food prices and a cautious consumer.
The company is facing high food costs as well as costs related to a restructuring plan which involves closing stores, selling off some businesses and lowering debt.
The company […]

Iraq official warns of abuse of security forces

Iraq’s parliament speaker warned Monday that human rights violations are putting the country’s fragile democracy at risk, the latest pronouncement in a rapidly developing sectarian spat that threatens to destabilize the country after U.S. troops pulled out.
The televised comments by Osama al-Nujaifi, one of the country’s top Sunni officials, are the latest salvo in a […]

SEC slaps insurance giant Aon with bribery fine

Insurance giant Aon has agreed to pay more than $16 million in fines to settle charges that its subsidiaries bribed foreign government officials, the Securities and Exchange Commission announced Tuesday.
Aon will pay $14.5 million to the SEC and $1.7 million to the Department of Justice to settle alleged violations of the Foreign Corrupt Practices […]

First Solar cuts 2011 financial estimates

First Solar Inc. on Wednesday cut its earnings and revenue estimates for 2011 due to weather delays and other unspecified issues with some company projects.
The Tempe, Ariz. solar manufacturer said it expects to earn between $5.75 and $6 per share on revenue of $2.8 billion to $2.9 billion in 2011. That’s down from an already […]

Justice, AT&T agree to put off anti-trust trial

AT&T Inc. and the Justice Department have agreed to put off their upcoming antitrust trial over the phone company’s proposed acquisition of smaller rival T-Mobile USA while the wireless carriers determine the fate of the deal.
U.S. District Judge Ellen Segal Huvelle quickly approved their motion Monday to cancel their February trial and set a Jan. […]

Gallagher: Expert advice on 401(k) can pay off

Back in the winter of 2009, when the stock market crash was near its bottom, an editor at the Post-Dispatch gave up in defeat.
“I couldn’t take it any more. I sold everything,” he told me. He had sold all the stock investments in his 401(k).
That put me in a quandary. Should I tell the fellow […]