Major banks have quickly become behind-the-scenes allies of Internet-based payday lenders that offer short-term loans with interest rates sometimes exceeding 500 percent. With 15 states banning payday loans, a growing number of the lenders have set up online operations in more hospitable states or far-flung locales like Belize, Malta and the West Indies to more easily evade statewide caps...
Feb
23
North Korea Warns U.S. Forces of ‘Destruction’ Ahead of Drills
Label: WorldSEOUL (Reuters) — North Korea on Saturday warned the top U.S. military commander stationed in South Korea that his forces would “meet a miserable destruction” if they go ahead with scheduled military drills with South Korean troops, North Korean state media said. Pak Rim-su, chief delegate of the North Korean military mission to the inter-Korean truce village of Panmunjom, gave the message...
Oscar Pistorius gets bail as murder trial looms
Label: LifestylePRETORIA, South Africa (AP) — Oscar Pistorius walked out of court Friday — free at least for now — after a South African magistrate released him on bail, capping four days of often startling testimony that foreshadowed a dramatic trial in the Valentine's Day slaying of his girlfriend.But as he was driven away, chased by photographers and cameramen, questions continued to hound the double-amputee Olympian...
Drone Pilots Found to Get Stress Disorders Much as Those in Combat Do
Label: HealthU.S. Air Force/Master Sgt. Steve HortonCapt. Richard Koll, left, and Airman First Class Mike Eulo monitored a drone aircraft after launching it in Iraq. The study affirms a growing body of research finding health hazards even for those piloting machines from bases far from actual combat zones. “Though it might be thousands of miles from the battlefield, this work still involves tough stressors...
Many States Say Cuts Would Burden Fragile Recovery
Label: BusinessStates are increasingly alarmed that they could become collateral damage in Washington’s latest fiscal battle, fearing that the impasse could saddle them with across-the-board spending cuts that threaten to slow their fragile recoveries or thrust them back into recession. Some states, like Maryland and Virginia, are vulnerable because their economies are heavily dependent on federal workers,...
Feb
22
Pistorius Bail Hearing Set to Resume
Label: WorldPRETORIA, South Africa — Oscar Pistorius, the double amputee track star accused of murdering his girlfriend, was to return to court on Friday on the fourth day of hearings this week about whether he should be granted bail in a case that has riveted the nation. News reports said he slipped into the courthouse, his head covered by a jacket, some time before the scheduled start of hearings that...
A 1-2 knockout: McIlroy, Woods lose in Match Play
Label: LifestyleMARANA, Ariz. (AP) — Rory McIlroy and Tiger Woods knocked out in the first round of the Match Play Championship? Not many would have given that a snowball's chance in the desert.Almost as surprising as the freakish snowstorm on Dove Mountain was the sight of golf's two biggest stars heading to the airport, only the second time in the 15-year history of this wild tournament that No. 1 and No. 2 didn't...
Governors Fall Away in G.O.P. Fight Against More Medicaid
Label: HealthUnder pressure from the health care industry and consumer advocates, seven Republican governors are cautiously moving to expand Medicaid, giving an unexpected boost to President Obama’s plan to insure some 30 million more Americans. The Supreme Court ruled last year that expanding Medicaid to include many more low-income people was an option under the new federal health care law, not a requirement,...
Sign of a Comeback: U.S. Carmakers Are Hiring
Label: BusinessTony Dejak/Associated PressJoseph R. Hinrichs, head of Ford's Americas region, with a two-liter EcoBoost engine at the Cleveland plant. DETROIT — A few years ago, American automakers cut tens of thousands of jobs and shut dozens of factories simply to survive. But since the recession ended and General Motors and Chrysler began to recover with the help of hefty government bailouts and bankruptcy...
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