Saturday, July 12, 2008 In what regulators have described as the second-largest bank failure in the history of the United States, IndyMac Bank has been closed by the Office of Thrift Supervision and placed under the conservatorship of the Federal Deposit Insurance Corporation (FDIC) due to plummeting shares and the start of a run on…
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Blu-ray prevails in high definition disc war
Wednesday, February 20, 2008 The battle between the two high definition optical disc formats, Blu-ray and HD DVD has ended after sole HD DVD manufacturer Toshiba has announced it will no longer produce HD DVD players. In a press conference yesterday, Toshiba president Atsutoshi Nishida announced and confirmed that Toshiba will terminate the R&D plan…
DUP and Sinn Féin make gains in Northern Ireland Assembly election
Thursday, March 8, 2007 Results are coming in for the Northern Ireland Assembly election held on Wednesday 7 March. With all first preference votes counted, both the Democratic Unionist Party (DUP) and Sinn Féin have made gains: the DUP received 30.1% of first preferences, an increase of 4.4 percentage points on the 2003 election, while…
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Mother, daughter accused of stealing of husband’s $3.5 million lottery ticket
Saturday, October 4, 2008 On April 4, 2008 Bobbi-Jo Arnold, accompanied by her mother Mary Patricia Moore and other family members, claimed a $3.5 million lottery ticket win in Toronto. On October 2 the two women were arrested by Ontario Police. Both are facing charges including fraud over $5000, possession of property obtained by crime,…
Honda recalls fire risk cars
Saturday, January 30, 2010 Honda have issued a recall for 646,000 cars around the world due to a potential fault that could cause a fire. The recall involves the ‘Jazz’ range of cars, which is known by its alternative name, Fit, in some countries. water intrusion into the power window switch housing may in some…
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Fatal police helicopter crash in Slovakia due to technical failure: preliminary Interior Ministry finding
Sunday, May 21, 2017 Last week’s police helicopter accident in eastern Slovakia was caused by technical failure and not human error, said the Ministry of Interior of the Slovak Republic on Friday. The statement is based on preliminary flight recorder data analysis. Ministry spokesperson Petar Lazarov confirmed the flight recorder and remains of the helicopter…
US Department of Health proposes priorities for flu vaccine distribution
Thursday, December 20, 2007 Draft guidelines issued by the United States Department of Health and Human Services in November have established a series of tiers and categories for distribution of scarce vaccine in the event of pandemic flu. These guidelines give strong preference for emergency responders, military and national security personnel, and socially important occupations,…