New York City Mass Transit facing service cuts

Friday, December 11, 2009 New York’s Metropolitan Transportation Authority is proposing to make service cuts to close its expected US$343 million (€234m, GBP £211m) budget deficit. The plan includes the elimination of multiple bus lines in The Bronx, Manhattan, Queens and Brooklyn, the elimination of the W (Astoria, Queens to Lower Manhattan) and the Z …

Oral Roberts University accountant claims he was ordered to “cook the books”

Wednesday, November 21, 2007 A former accountant for Oral Roberts University (ORU) has filed a lawsuit against ORU and its Board of Regents claiming he was told by Richard Roberts and his wife Lindsay to “cook the books”, hiding financial wrongdoing from authorities and the public. Trent Huddleston, the accountant, has filed suit against the …

Tributes paid to the victims of the July 7 2005 London bombings

Tuesday, July 7, 2009 A permanent memorial for the victims of the July 7, 2005 London bombings has been unveiled in Hyde Park, London, England. Today is the fourth anniversary of the bombings, when 52 people were killed by suicide bombers on board three Underground trains and a bus. 52 stainless steel columns standing 3.5m …

Emergency spacewalks planned to fix International Space Station

Tuesday, August 3, 2010 NASA is scrambling to solidify plans to fix the broken down cooling systems on the International Space Station during two spacewalks, currently planned for Friday and Monday. The systems broke down late Saturday July 31, triggering alarms that woke the six astronauts (three Russian and three American) currently onboard the station. …

US automaker bailout deal fails to pass Senate

Friday, December 12, 2008 A US$14 billion bailout package deal for the “Big Three” United States automakers — Chrysler, Ford, and General Motors — has been rejected in the United States Senate after failing a procedural vote. The bill was rejected after bipartisan discussions on the bailout broke down when Republican Party leaders insisted that …

Fast food chain McDonald’s set to open up 1000 more stores by end of year

Tuesday, January 27, 2009 American fast food chain McDonald’s is set to open up 1000 more stores during 2009 as part of its expected capital spending of US$2.1 billion. While global same-store sales rose 7.2%, revenue fell marginally, due to the strong US dollar. McDonald’s net income fell 23% from US$1.27 billion to $985.4 million. …

Microsoft announces new security software, new version of Internet Explorer

Wednesday, February 16, 2005Bill Gates announced in a RSA security conference that Microsoft will release major security changes to Internet Explorer and will release a new version prior to the release of Longhorn, the replacement for Windows XP expected any time after 2005. Microsoft plans to include many features to increase security. These features are …

New edition of Canada’s Food Guide released

Thursday, February 8, 2007 A new version of Canada’s Food Guide was announced by Canadian Health Minister Tony Clement on Feb. 5, 2007. The guide has helped Canadians with healthy eating habits since 1942 but was last updated in 1992. It is the Canadian government’s most-requested publication after income tax forms. Changes to the Food …

American surgeon Michael E. DeBakey dies at age 99

Saturday, July 12, 2008 Michael Ellis DeBakey, world renowned heart surgeon, has died in Houston, Texas at the age of 99. He was born Michel Dabaghi on September 7, 1908 in Lake Charles, Louisiana, to Lebanese immigrants Shaker and Raheeja DeBakey. DeBakey was the chancellor emeritus of Baylor College of Medicine in Houston, Texas, and …