LIFE


Moneylife Digital Team 18 April 2013
The blast took place last night at the West Fertilizer plant in the town of West, outside Waco, with more than 130 people evacuated from a nearby nursing home, and at least 100 patients admitted to hospitals following the incident   A massive blast ripped through a fertilizer plant in...

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Rob Garver  and   Charles Seife (Special to ProPublica) 18 April 2013
This week ProPublica reported that the Food and Drug Administration found "egregious" research violations at a major laboratory but did not pull any affected drugs from the market and, years later, has not finished its review. Turns out that wasn't an anomaly This week, we reported that...

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If we are all biologically unique, can a single medicine apply to all in all situations? “First and the worst fraud is to cheat oneself. All sin is easy after that…” — Pearl Bailey Although I had suspected that the chemical reductionist drugs that we use in therapeutics are not...

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Moneylife Digital Team 18 April 2013
There are countless books out there on how to make money by trading. More are being added. Two such books on trading show how one can take advantage of different market conditions. The first by Rick Swope and W Shawn Howell (Trading by Numbers; Wiley; $75; pages 237), is a user’s manual to...

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An Indian returns after a decade abroad and is stunned by the changes Several books have been written about India’s rise as an economic powerhouse and how it has changed her people, places and even society. Add Akash Kapur’s India Becoming (Penguin; pages 262; Rs599)  to that list. Having...

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What if you divided your assets equally into cash, stocks, bonds and gold? Investing is tricky. Diversifying is trickier. More often than not, investors are too spooked to wade into the waters of asset allocation simply because it requires a lot of work. Even established fund managers...

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Dr Nita Mukherjee 17 April 2013
Dr Nita Mukherjee finds selfless volunteering for looking after children afflicted with cancer    After a 24-year long career with Unilever in UK, when Nihal Kaviratne returned home to Mumbai with wife Shyama, they were toying with the idea of doing ‘something meaningful’ in the...

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Medical developments from around the world Processed Meats Linked to Higher Heart Attack, Stroke Risks A study in the journal BMC Medicine has found that people who ate a lot of processed meats were more likely to die of heart attacks and stroke. They also had a higher cancer risk....

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Rob Garver  and   Charles Seife (Special to ProPublica) 17 April 2013
In 2010, the US FDA uncovered violations it later called "egregious" and "pervasive" at a major pharmaceutical testing lab. But even though the agency no longer knew for sure that drugs tested there were safe, it allowed them to remain on pharmacy shelves with no new testing - in some cases...

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Moneylife Digital Team 16 April 2013
The two blasts occurred within seconds at a sidewalk along the route of the Boston Marathon, where thousands of people had lined up to cheer on the marathoners   At least three persons were killed and over 130 sustained injuries when two powerful explosions rocked the US city of...

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Moneylife Digital Team 13 April 2013
Moneylife Foundation invited Advocate Bapoo Malcolm explain to a packed house of over 80 attendants the practical aspects of preparing a will. Over the course of the interactive two-hour session, which mostly consisted of participants asking a string of questions, Mr Malcolm covered...

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Cora Currier (ProPublica) 12 April 2013
Defense attorneys for men accused of terrorism before military commissions at Guantanamo Bay believe their email communications have been searched and even tampered with The long-troubled military trials at Guantanamo Bay were hit by revelations earlier this year that a secret censor had...

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Moneylife Digital Team 10 April 2013
The Supreme Court had on 21st March upheld Sanjay Dutt’s conviction under Arms Act and sentenced him to five years in jail of which he has already served 18 months Bollywood actor Sanjay Dutt, ordered by the Supreme Court to complete his five years sentence for complicity in the 1993...

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Lois Beckett (ProPublica) 10 April 2013
The 2012 Obama campaign set the bar for the use of voter data. The Republicans aren't interested in being beaten again The Republicans have admitted it: They need to get serious about collecting and analyzing voter data.   Well, you can't get much more serious than talking to...

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Medical education in India is lacking in understanding of minor illnesses in rural areas and the wisdom of Ayurveda Indian medical education has undergone very little change since its inception in 1835 by the East India Company in Madras, Bombay and, Calcutta. Today, most of our doctors...

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Moneylife Digital Team 08 April 2013
Thatcher’s government privatised several state-owned industries. She was also in power when the UK went to war with Argentina over the Falkland Islands in 1982 Britain’s first woman prime minister Margaret Thatcher, known as the “Iron Lady”, today passed away following a stroke at the...

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Moneylife Digital Team 05 April 2013
Mumbai’s housing societies are up in arms against the hefty property tax bills, with arrears for the past three years, they have recently received and the even fatter bills they are expected to receive in the coming years. Rajendra Thacker, president, Society for Fast Justice, explained why...

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Theodoric Meyer (ProPublica) 05 April 2013
A ruling in a similar case last year suggests that judges do not have the authority to reject settlements in which firms neither admit nor deny wrongdoing Judge Victor Marrero last week became the latest federal judge to question a time-honored tactic of federal regulators: negotiating...

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Fascinating accounts of 12 value investors Ever since Benjamin Graham and Warren Buffet paved the road for value investment as one of the most successful styles of investing, there has never been a dearth of books on the subject. Enough has been written about what constitutes value...

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Joaquin Sapien (ProPublica)  and   Sergio Hernandez (Special to ProPublica) 04 April 2013
The innocent can wind up in prison. The guilty can be set free. But New York City prosecutors who withhold evidence, tolerate false testimony or commit other abuses almost never see their careers damaged The murder case against Tony Bennett seemed pretty straightforward.   Shortly...

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