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Strong quake hits northern Japan, no tsunami risk

Mar 27, 2012

TOKYO (AP) — A strong earthquake shook northern Japan on Tuesday, but no damage was reported and there was no risk of a tsunami.

The Japan Meteorological Agency recorded a 6.4 preliminary magnitude. The agency said there may be a small change in sea levels but did not issue tsunami warnings.

The ...

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Harry Potter adventures go on sale in e-book form

Mar 27, 2012

LONDON (AP) — At last, Harry Potter's adventures are available electronically.

The seven novels about J.K. Rowling's boy wizard are for sale as e-books and audio books on the author's Pottermore website, the site's creators announced Tuesday.

The books are currently available in English, in U.S.

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UK aims to halt trafficking of nuclear material

Mar 27, 2012

By DAVID STRINGER, Associated Press

LONDON (AP) — Britain plans to share previously secret expertise on detecting the illegal trafficking of radiological material and halting potential nuclear terrorism, the country's deputy prime minister told a security summit Tuesday.

Speaking at an ...

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Head of Japan fund apologizes for pension losses

Mar 27, 2012

By ELAINE KURTENBACH, Associated Press

TOKYO (AP) — The head of a Japanese investment company accused of losing more than $1 billion in clients' pension funds apologized Tuesday, saying he intends to repay losses that were concealed for years.

AIJ Investment Advisors President Kazuhiko Asakawa ...

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EU probes United Technology's Goodrich deal

Mar 27, 2012

BRUSSELS (AP) — The European Union's competition regulator says it has opened an in-depth probe of United Technology's $16.4 billion acquisition of aerospace supplier Goodrich.

The European Commission said its initial analysis of the deal "indicated potential competition concerns regarding the ...

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Chinese shares lead global retreat

Mar 27, 2012

By PAN PYLAS, Associated Press

LONDON (AP) — Chinese shares led global markets lower Wednesday as investors fretted over the outlook of the world's second-largest economy and whether the U.S. economic recovery was losing its shine.

Mainland Chinese shares saw their biggest loss in almost four ...

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Flights canceled as German public workers strike

Mar 27, 2012

By DAVID RISING, Associated Press

BERLIN (AP) — Hundreds of flights were canceled Tuesday at airports across Germany after workers walked out to join other public-sector employees in a series of strikes over pay.

The ver.di union is after a 6.5 percent increase in pay this year for 2 million ...

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North Sea gas leak forces more evacuations

Mar 27, 2012

LONDON (AP) — Energy company Shell has evacuated some of its workers from two platforms in the North Sea that are near an underwater gas leak from a nearby rig.

The leak of flammable gas was discovered over the weekend from the Elgin platform owned by French company Total S.A., which evacuated all ...

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South Sudan official says Sudan bombs oil field

Mar 27, 2012

By MICHAEL ONYIEGO, Associated Press

JUBA, South Sudan (AP) — Sudan's military bombed an oil field in South Sudan on Tuesday, a South Sudan official said, as a dangerous flare-up in border violence appeared to scuttle plans for a presidential summit between the two countries.

Unity State Minister ...

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OECD pushes for $1.3 trillion eurozone crisis fund

Mar 27, 2012

By GABRIELE STEINHAUSER, Associated Press

BRUSSELS (AP) — The 17 countries that use the euro need to build a €1 trillion ($1.3 trillion) firewall to help the struggling currency union return to growth, the head of the Organization for Economic Cooperation and Development said Tuesday.

Angel ...

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US trade upgrade may worsen relations with Russia

Mar 27, 2012

By DESMOND BUTLER, Associated Press

WASHINGTON (AP) — The Obama administration wants Congress to remove Soviet-era trade restrictions that have been a sore point in U.S.-Russia relations for decades. But the conditions lawmakers are demanding to make the change may only worsen America's ...

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Court weighs making health coverage a fact of life

Mar 27, 2012

By CONNIE CASS, Associated Press

WASHINGTON (AP) — Death, taxes and now health insurance? Having a medical plan or else paying a fine is about to become another certainty of American life, unless the Supreme Court says no.

People are split over the wisdom of President Barack Obama's health care ...

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Spain sees gamble in vision of 'Sin City'

Mar 27, 2012

By JORGE SAINZ, Associated Press

MADRID (AP) — A Euro Vegas in down-and-out Spain?

Depending on whom you ask, it could be heaven-sent or a deal with the devil.

Casino mogul Sheldon Adelson's dream to build Europe's first Las Vegas-style resort in Spain would certainly bring much needed relief to ...

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Feds probe bus defect that may have caused crashes

Mar 26, 2012

By TOM KRISHER, Associated Press

DETROIT (AP) — Federal safety regulators have begun investigating buses made by Motor Coach Industries Inc. over the past 20 years because the drive shafts can fall out and cause drivers to lose control.

The problem has led to two crashes that killed two people ...

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'Pink slime' maker suspends some plant operations

Mar 26, 2012

By BETSY BLANEY, Associated Press

LUBBOCK, Texas (AP) — The maker of "pink slime" suspended operations Monday at all but one plant where the beef ingredient is made, acknowledging recent public uproar over the product has cost the company business.

Craig Letch, director of food quality and ...

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House votes overwhelmingly to ease financial rules

Mar 26, 2012

By ALAN FRAM, Associated Press

WASHINGTON (AP) — To the chagrin of consumer groups, the House gave overwhelming bipartisan approval Monday to two bills easing requirements that President Barack Obama's overhaul of financial regulations impose on some exotic financial instruments blamed for helping ...

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Lions Gate shares up on 'Hunger Games' huge debut

Mar 26, 2012

By RYAN NAKASHIMA, Associated Press

LOS ANGELES (AP) — Lions Gate Entertainment seized a pot of gold.

When the film and television production company bought Summit Entertainment in January, the deal brought bankable teen franchises "The Hunger Games" and "Twilight" under one roof.

The first of ...

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Kraft gave CEO $15.7 million; 17 percent pay bump

Mar 26, 2012

By CANDICE CHOI, Associated Press

NEW YORK (AP) — Kraft Foods Inc. gave its CEO a pay package worth $15.7 million in 2011, which represents a 17 percent raise from the previous year.

The compensation for Irene Rosenfeld included a salary of $1.5 million, stock and option awards worth $9.7 million ...

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Harvard emails show Zuckerberg's business side

Mar 26, 2012

By BARBARA ORTUTAY, Associated Press

NEW YORK (AP) — Emails from Mark Zuckerberg's Harvard days show the dropout-turned-Facebook CEO as a young entrepreneur losing patience with a client's delayed payments.

"I contracted out my services for money, and even though I seem to continually be ...

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Cameron: Earth's deepest spot desolate, foreboding

Mar 26, 2012

By SETH BORENSTEIN, Associated Press

WASHINGTON (AP) — In James Cameron's fantasy films, like "Avatar" and "The Abyss," the unexplored is splashed in color and fraught with alien danger. But on his dive to the deepest place on Earth, reality proved far different: white, barren and bland.

Yet ...

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