The up and down markets from last year, took its toll even on Goldman Sachs, which is thought of as the rock star of investment banks.
Goldman posted a billion dollar profit during the last quarter of 2011. And while that may seem like a lot, it's 58 percent down. The AP reports that the profit follows a third quarter in which Goldman lost money for only the third time since it went public in 1999.
Until this fall, chef Molly Baz was working at an upscale Michelin-starred restaurant in New York City. But she decided to give that up to go on a road trip.
Molly wanted to learn everything she could about variations in American barbecue, so she planned a tour of the country's most renowned barbecue regions and invited her father, photographer Doug Baz, along for the ride. The pair documented their travels on their blog, Adventures in BBQ.
Originally published on Wed January 18, 2012 7:03 pm
In many countries, it's a cinch to call a local restaurant and get a freshly cooked dinner delivered, ready to eat amid the comforts of home. But in many parts of the U.S., the home delivery menu is usually limited to pizza and Chinese.
Burger King is trying to expand that menu by testing home delivery of burgers and fries, building on its success with home delivery overseas, including branches in Mexico, Turkey, Brazil, Colombia and Peru.
When Slovene World Cup Alpine skier Tina Maze opened her racing suit Sunday to reveal her sports bra beneath to all those looking on in Cortina D'Ampezzo, Italy, it wasn't some kind of sexy strip show or joyous Brandi Chastain type of moment.
It was a protest.
Over a fuss being made about her underwear.
Not the bra, mind you, or the words she had written on it: "Not your business."
The single largest cattle show in the United States, the National Western Stock Show, is now under way in Denver. Fans roar overhead, keeping the air cool and the odors at bay, as Jeanette Fuller spiffs up her Black Angus â€” with product.
"High-strength hairspray, basically, just trying to get the hair to accentuate the good things about her and kind of cover up the bad things about her," Fuller says.
The U.S. Supreme Court has given an Alabama death row inmate another chance to fight his execution. By a 7-to-2 vote, the court ruled Wednesday that convicted murderer Cory Maples, "through no fault of his own," was denied the right to appeal because he was abandoned by his lawyers.
Maples was convicted in 1997 of murdering two friends and was sentenced to death. There is no doubt that he committed the crime; the doubt is whether he could have avoided the death penalty if he had been properly represented at trial.
The Transportation Security Administration now says security screeners at Kennedy Airport in New York were wrong when they asked two elderly women to show them medical devices that were under their clothing.
In a letter sent to state Sen. Michael Gianaris and acquired by the New York Daily News, the Department of Homeland Security said that there was no evidence the two women were strip-searched, as they claimed, but that their agents did go further than they should have.
Originally published on Wed January 18, 2012 10:11 pm
Update at 9:45 p.m. ET. Wahlberg apologizes:
Saying his comments were "ridiculous ... irresponsible ... [and] insensitive," actor Mark Wahlberg has now apologized for saying he would have stopped 9/11 hijackers if he had been on one of the planes, Reuters reports.
Read what he's apologizing for in our original post:
The U.S. House of Representatives will likely vote today to disapprove of raising the debt ceiling by $1.2 trillion. If you remember, the last time a vote of this kind went down, it was a dramatic showdown that rattled markets and was cited as one of the prime reasons S&P downgraded the United States' debt rating.
Today's vote however will be symbolic. The debt ceiling will likely be raised no matter how Congress votes.
Our Newscast desk spoke to NPR's Andrea Seabrook, who explained the vote like this:
This is TALK OF THE NATION. I'm John Donvan in Washington. Huntsman hangs up his cleats, Wisconsin Dems step up to the plate, and Newt Gingrich swings for the fences in South Carolina. It is Wednesday and time for a...
NEWT GINGRICH: Paychecks versus food stamps...
DONVAN: Edition of the Political Junkie.
PRESIDENT RONALD REAGAN: There you go again.
VICE PRESIDENT WALTER MONDALE: When I hear your new ideas, I'm reminded of that ad: Where's the beef?
Five days after a cruise liner slammed into rocks off Italy's Tuscan coast, the country is gripped by the contrasting profiles of two key figures in the drama â€” the captain charged with abandoning ship and the captain who demanded he get back onboard.
For many Italians, the accident has become a metaphor for a country that sees itself mired in economic and moral decline.
Francesco Schettino, the disgraced captain of the 1,000-foot-long floating palace known as the Costa Concordia, is under house arrest on suspicion of multiple manslaughter, shipwreck and abandoning ship.
Originally published on Wed January 18, 2012 1:26 pm
We saw stories earlier this week about a man who was lost for two nights in Mount Rainier National Park over the weekend, but survived in part because he burned the money he was carrying to keep warm as a blizzard blew through the area.
But a critical question wasn't answered until today. â€” how much money went up in flames?
Emotions can be hard to gauge in the beginning of any romantic relationship. But for people with autism, who often struggle to interpret social cues, romance can be particularly challenging to navigate. And for some, the prospect of loving and being loved seems out of reach.
In 1994, three teens were convicted of the murder of three boys in West Memphis, Ark. The trial drew national attention, due in part to the documentary series Paradise Lost. The "West Memphis Three" appealed their convictions and were released from prison in August 2011.
Sometimes it takes a family to campaign for a presidential candidate, and that's just what Melissa Block, co-host of NPR's All Things Considered, discovered while in South Carolina this week ahead of the state's Saturday primary.
Sondra Ziegler, a volunteer for GOP presidential candidate Newt Gingrich's campaign, is making herself useful any way she can â€” along with her three children and her mother.
A document that purportedly represents opposition research targeting Mitt Romney from Sen. John McCain's 2008 presidential campaign was posted online by Buzzfeed reporter Andy Kaczynski.
Immediately noticeable is how many of criticisms of Romney by his rivals during the current race for the Republican presidential nomination could just have easily come from McCain's opposition research of four years ago.
Originally published on Wed January 18, 2012 4:20 pm
Saying it did not have sufficient time to properly vet the proposal, the State Department said it would recommend rejecting a proposal by TransCanada to build a 1,700 mile pipeline, which would carry oil from Canada to refineries in Texas.
For the past 30 years, botanist Nicholas Money has studied the microorganisms that most people associate with bad smells, itchy toes, damp basements and rotten food. A renowned fungal researcher at Miami University in Ohio, Money has devoted his career to studying indoor molds, fungal movements and the mysterious world of mycology.
Originally published on Wed January 18, 2012 11:39 am
The good news story of Samantha Garvey, a New York high school student who has been living with her family in a homeless shelter and recently found out she's a semifinalist in the prestigious Intel Science Talent Search competition, keeps getting better.
Food can be transformative, especially if you're a character in a video game. When Mario ate mushrooms, Teenage Mutant Ninja Turtles ate pizza and CJ from Grand Theft Auto ate fast food, they became better, stronger, sometimes even bigger.
But now one gamer has made that food even more enticing by putting the virtual food of video games onto her very real dinner table. That's right: Daniella Zelli, a 23-year-old gamer in Edinburgh, Scotland, cooks up dishes inspired by games and shares them on her blog.
FBI agents arrested three hedge fund executives early Wednesday in connection with a massive ongoing insider trading investigation that has involved some of Wall Street's most prominent money managers.
Todd Newman, who formerly oversaw technology investments at Diamondback Capital Management, was arrested at about 6 a.m. in the Boston suburb of Needham on charges "related to stock fraud," according to a spokesman for the FBI's Boston office.
"Life is back to normal for two towns deeply buried in snow along Alaska's Prince William Sound," The Associated Press says. "The National Weather Service said Tuesday the weather is supposed to remain clear in both Valdez and Cordova this week."
Originally published on Wed January 18, 2012 11:06 am
SOPA and PIPA (no, they're not the Duchess of Cambridge's sisters) will be on the minds of a lot more people Wednesday because of the online protests by Wikipedia, Google and other popular websites over the anti-piracy legislation with the catchy acronyms currently under consideration in Congress.