BUSINESS

Nouriel 'Dr. Doom' Roubini: ?Karl Marx Was Right?

At Issue: U.S. and Global Economies
Economist Nouriel "Dr. Doom" Roubini, the NYU professor who four years ago accurately predicted the global financial crisis, says tough medicine is needed to end it: another round of massive fiscal stimulus or a universal debt restructuring. If neither occurs, a systemic flaw will, at minimum, continue to hinder economic recovery.
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For Discussion: U.S. Health Care Policy

U.S. Health Care Law: Supreme Court Likely to Determine Fate in 2012

The 2010 U.S. Health Care Reform Act will likely be decided by the U.S. Supreme Court in 2012, in a case that pits individual liberties concerns versus the U.S. Government?s authority to limit public health care costs via universal insurance. If the court hears the case by the spring 2012, it could issue a ruling in June 2012.
Gov. Rick Perry, R-Texas

Rick Perry launches presidential bid

Rick Perry, the conservative governor of Texas, declared himself a candidate for president on Saturday, shaking up the race for the Republican nomination to face Democratic President Barack Obama in 2012.
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Sprint Drops WiMax Blackberry PlayBook

Sprint decided to pull out of providing 4G WiMax service on the Blackberry PlayBook tablet, leaving the tablet with no support from a U.S. carrier. "We apologize for any inconvenience but the BlackBerry 4G PlayBook Tablet that was announced in January for summer availability will no longer be coming to the Sprint network," Sprint said in a statement.
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Google No Longer Effective Search Engine?

Google still garnered the larger share of the search market with 66% in July, but Yahoo and Bing were more effective when it comes to getting users to actually click on another web site, a report says.
Casey Anthony and her lawyer Jose Baez

Judge Orders Casey Anthony Back to Florida for Probation

A Florida judge has ordered Casey Anthony back to the state by Aug. 26 to serve a probation period for the 2010 check fraud conviction. Judge Belvin Perry rejected claims by Anthony's lawyers that the she already served her probation while in jail waiting for the murder trial for allegedly killing her 2-year-old Caylee in 2008.
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US Ski Team Dismisses Member For Urinating on Girl

A U.S. Ski Team member just lost his shot at the 2014 Winter Olympic Games in Russia after being charged with urinating on a young girl on a JetBlue flight from Oregon to New York, officials said on Friday.
One kilogram gold bars are seen in this picture illustration

Gold falls 1.5 per cent as Wall Street revives

Gold dropped 1.5 percent on Friday, falling further from the previous session's record highs, as a rise in appetite for riskier assets prompted profit-taking from bullion's sharp safe-haven rally this week.
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4G Blackberry PlayBook No Longer Provided by Sprint

Sprint changed its mind about providing 4G WiMax service on the Blackberry PlayBook tablet, even though it will still sell the wi-fi version. The wi-fi PlayBook version sells for $499.99 in stores and features a 7-inch touchscreen.

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