Originally published on Mon January 7, 2013 9:43 am
Bank of America announced this morning that it will pay the Federal National Mortgage Association (Fannie Mae) $3.6 billion in cash and will buy back $6.75 billion worth of mortgages to resolve claims related to mortgage-backed securities sold to Fannie Mae by the bank and Countrywide Financial Corp. (which BofA acquired in 2008.
Members of the boys basketball team from Dimond High School in Anchorage, Alaska, celebrate their 2012 state championship victory. Psychological research shows that sports camaraderie improves teenagers' mental health.
It's well known that routine physical activity benefits both body and mind. And there are no age limits. Both children and adults can reap big benefits.
Now a study published in Clinical Psychological Science, a journal of the Association for Psychological Science, explores whether certain factors may help to explain the value of daily physical activity for adolescents' mental health.
Protesters demonstrate outside a Starbucks coffee shop in London last month. Protests were held at Starbucks throughout the U.K. after it was revealed that the coffee chain had paid almost no corporate taxes for the last three years.
Credit Jacques Brinon / AP
French actor Gerard Depardieu arrived Saturday in Russia to meet with President Vladimir Putin. Putin offered Depardieu citizenship after the actor said he was leaving France to protest a new tax rate of 75 percent on incomes of 1 million euros and higher.
Credit Andrew Medichini / AP
During his New Year's address last week, Pope Benedict XVI decried "unregulated financial capitalism" as a source of global conflict.
Originally published on Sun January 6, 2013 10:17 am
As 2013 begins with wealthy Americans in line for bigger tax bills, they're not alone. Tax fairness takes the spotlight worldwide this year, as cash-strapped governments look to impose more of the burden on well-heeled companies, individuals and institutions, and to catch and punish tax cheaters.
This week, as the U.S. Congress averted a plunge off the fiscal precipice, British Prime Minister David Cameron sent a letter to leaders of the Group of Eight countries that make up about half of the world's economic output.
In Mexico these days, the majority of babies are born in hospitals. That hasn't helped reduce the number of maternal deaths, though. So health officials are re-making the centuries-old tradition of midwifery. They are betting a new kind of midwife, one trained in a clinical setting, can offer a solution.
Originally published on Sun January 6, 2013 8:55 am
Syrian President Bashar Assad addressed his country publicly for the first time in months on Sunday, maintaining his prior assertions that the violence estimated to have killed more than 60,000 of his citizens is the work of terrorists.
NPR's Peter Kenyon tells our Newscast Unit that Assad insisted he could win the battle. Kenyon reports:
Originally published on Mon January 7, 2013 6:54 am
Four people are dead inside an Aurora, Colo., home Saturday following a standoff with an "armed and dangerous" man holding hostages, police say. Aurora is the Denver suburb where a gunman opened fire in a movie theater last July, killing 12 and injuring many more.
Originally published on Sat January 5, 2013 2:12 pm
An earthquake with a magnitude of 7.5 hit off the coast of southeastern Alaska just before midnight local time Friday, according to the U.S. Geological Survey. The USGS initially reported the event as a magnitude 7.7 quake.
The National Oceanic and Atmospheric Administration says sea level readings indicate the quake caused a tsunami. "It may have been destructive along coasts near the earthquake epicenter," a NOAA report said.
Originally published on Fri January 4, 2013 8:31 pm
For 15 years, an Icelandic teenager has been called her given name, Blaer Bjarkardottir, by everyone except government employees and other officials. That's because "Blaer" (reportedly Icelandic for "light breeze") isn't on a list of government-approved names for girls.
So, in school and at the bank, she is often addressed as "stulka" — "girl" — before she explains the situation.
Crowdsourced review sites like Yelp can be just the trick for finding a great restaurant or avoiding a bad one.
But when it comes to finding a good doctor, there still aren't enough reviews on sites that rank doctors to make them reliable, a study of urologists' ratings suggests.
Urologists averaged just 2.4 reviews on the big online doctor rating sites like Healthgrades.com, Vitals.com and RateMDs.com. The paltry number of participants means that one cranky patient's complaint — or a rave from one doctor's relative --can skew a rating.
Originally published on Fri January 4, 2013 3:14 pm
It gets harder every year to identify as a horror movie fan and still hold your head up in polite company. A big part of the problem is the persistence of rabid slasher films like Texas Chainsaw 3D, opening today in theaters nationwide. Now, I haven't seen Texas Chainsaw 3D,and it would be a disservice, naturally, to pre-judge the film.
And yet somehow I feel totally comfortable concluding that it's terrible.