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Olympus: Acquisitions Used to Hide Investment Losses

Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company's share price.

Olympus Admits It Used Acquisitions to Hide Investment Losses

Passersby walk past the company logo of Olympus Corp. in Tokyo
Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company's share price.

Court Stays Hank Skinner’s Execution; Petitioners Want DNA Testing

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The Texas Court of Criminal Appeals on Monday decided to grant a stay of execution for death row inmate Hank Skinner who was schedule to be executed on Wednesday. The court decided to stay his execution to allow for time to review the changes in the DNA statute as it pertains to Skinner's case.
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Nicaragua's President Daniel Ortega shows a map referring to the territorial dispute with Costa Rica during an address to the nation in Managua

Ortega Headed for Big Victory in Nicaragua

Nicaraguan President Daniel Ortega, a former Marxist guerrilla leader, took a big early lead in Sunday's presidential election after heavy social spending won him strong support among the country's poor.
Herman Cain and President Obama

Why Herman Cain is Playing Race Card in Sexual Harassment Case

The allegations of sexual harassment against Herman Cain, the Republican presidential frontrunner, have taken a 'racist' turn all of a sudden. It doesn't seem to matter that conservatives have always denied any forms of institutional racism to have any influence today.
A man looks at Olympus digital cameras at an electronics store in Tokyo

Olympus Delays Q3 Earnings Report; Shares Sink

Japan's Olympus Corp said it will not announce its quarterly earnings on Nov. 8 as expected because it needs more time after appointing an external panel to look into past acquisitions, sparking a fresh plunge in the firm's shares.
Singer Justin Timberlake looks up at a video screen recalling his past performance at the Super Bowl half-time show as he hosts the 2008 ESPY Awards in Los Angeles

CBS Wins Janet Jackson Wardrobe Malfunction Ruling

A U.S. appeals court on Wednesday threw out a federal agency's decision to fine CBS Corp television stations $550,000 for airing singer Janet Jackson's wardrobe malfunction during the 2004 Super Bowl broadcast.
Anonymous Hackers Protest Wikileaks’ Julian Assange Extradition: Revenge Attack Expected

UK court rules WikiLeaks's Assange should be extradited

WikiLeaks founder Julian Assange, whose activities have angered the U.S. government, should be sent to Sweden from Britain to face questioning over alleged sex crimes, the High Court ruled on Wednesday, rejecting his appeal against extradition.
Dennis Kucinich

Redistricting Battles Pop up Across Country

Redistricting happens every ten years, and it is always followed by court challenges, political fights, and incumbents scrambling for a place to run. Here's some of this cycle's more interesting cases of redistricting madness.

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