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Friday, Apr 25th

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Judge says will accept SAC Capital guilty plea

SAC guilty pleaA federal judge agreed to accept SAC Capital Advisors' guilty plea to fraud charges in the U.S. government's insider trading case against the hedge fund firm controlled by billionaire Steven A. Cohen.

U.S. District Judge Laura Taylor Swain said she will accept the plea at a Thursday hearing in Manhattan federal court.  She is also expected to decide at the hearing whether to accept SAC Capital's agreement to pay a $900 million fine in its settlement with the U.S. Department of Justice, as part of an overall $1.8 billion payout to resolve criminal and civil litigation.

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No evidence of modern forgery in ancient text mentioning ‘Jesus’s wife’

Papyrus mentioning Jesus' wifeNew scientific tests have turned up no evidence of modern forgery in a text written on ancient Egyptian papyrus that refers to Jesus as being married, according to a long-awaited article to be published Thursday in the Harvard Theological Review.

The findings support the argument of Harvard professor Karen L. King that the controversial text, the first-known explicit reference to a married Jesus, is almost certainly an authentic document.

The “Gospel of Jesus’s Wife” was introduced to the world by King at a conference in Rome 18 months ago. The announcement made headlines around the world, and many of King’s academic peers, as well as the Vatican newspaper, swiftly dismissed it as a fake.

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Study: E-cigarettes affect cells similarly to regular tobacco

e-cigsA new study shows that the vapor from e-cigarettes damages human cells similarly to smoke from traditional cigarettes.

The researchers present the study, published in the journal of Clinical Cancer Research, at the American Association for Cancer Research annual meeting on April 6 in San Diego. The scientists described how they took human bronchial cells and grew some in an environment with e-cigarette vapor and some in an environment with cigarette smoke.

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Rosa Parks archives remain unsold in warehouse

Rosa Parks Medal of FreedomAt a time when interest in civil rights memorabilia is rekindled, a lifetime's worth of Rosa Parks' belongings — among them her Presidential Medal of Freedom — sits in a New York warehouse, unseen and unsold.

Parks' archives could be worth millions, especially now that 50th anniversaries of the civil rights era are being celebrated and the hunt is on for artifacts to fill a new Smithsonian museum of African-American history.

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Lawyers for alleged USS Cole bomber seek details on CIA rendition program

Abd  al RahimJust-released transcripts of a secret session at the Guantanamo war court show defense lawyers want a list of the countries where the CIA secretly jailed the alleged USS Cole bomber, and the names of people who worked at the agency's black sites. But the prosecution won't provide them.

The tug-of-war over transparency emerged days after the Senate voted to declassify a portion of an investigation of the so-called CIA Torture Program that could contain some of the answers sought by lawyers for Saudi Abd al Rahim al Nashiri before his death penalty trial.

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Toyota recalls more than 6.5m cars over steering and seat problems

ToyotaToyota is recalling more than 6.5m cars worldwide to fix a variety of problems, including faulty steering wheels and seats.

The company said there had been no reported accidents or injuries relating to the problems identified. Some 27 Toyota models are affected, including the Corolla, RAV4, Hilux, Yaris, Tacoma, Urban Cruiser and Scion xD.

The global recall tally is a huge blow to the world's biggest selling carmaker that has seen its reputation battered by a string of damaging recalls.

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Some doctors make millions off of Medicare

MedicareSome doctors are making millions of dollars off of Medicare, with a handful collecting multi-million payments annually.

One ophthalmologist from West Palm Beach, Fla., collected nearly $21 million, while a cardiologist from Ocala, Fla., received $18 million in 2012. Seven doctors pulled in more than $10 million in payments, while nearly 4,000 are Medicare millionaires.

The doctors' payments were part of an unprecedented data release, which covers 880,000 physicians, therapists, labs and other medical facilities. Medicare paid providers a total of $77 billion in 2012 to care for more than 50 million of the nation's elderly and disabled, according to federal statistics released Wednesday. These figures do not include what doctors collect from patients in co-pays or from private insurers for non-Medicare patients.

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Hewlett-Packard to pay $108m to settle scandal over bribery of public officials

HPComputing multinational Hewlett-Packard (HP) is to pay US regulators $108m to settle a corruption scandal involving employees at subsidiaries in three countries, who were charged with bribing government officials to win and retain lucrative public contracts.

The case piles further pressure on the HP boss, Meg Whitman, who is already managing the fallout from her company's disastrous acquisition of the British software group Autonomy, while losing ground commercially to Samsung, Apple and Chinese rival Lenovo.

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Responding to Investor Pressure, ExxonMobil Agrees to Disclose Fracking Risks

Fracking report from EXXONExxonMobil, the nation's largest oil and gas company, will begin disclosing risks associated with shale drilling and fracking to investors, in response to a long-running campaign by a coalition of shareholders.

In February, the groups of investors in a handful of major oil and gas companies including Exxon, Chevron and EOG Resources,  demandedfor the fifth year in a row more information from companies about the risks associated with fracking. The motion won the support of over 30 percent of Exxon shareholders — an unusually strong showing for a shareholder resolution.

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