It was the deal that helped sink Lehman Brothers. Now, it will play an important role in paying off the failed investment bank’s creditors.The Lehman estate agreed on Monday to sell Archstone, a sprawling apartment complex company, to its two biggest real estate rivals — Equity Residential, a company run by the investor Samuel Zell, and AvalonBay Communities — for about $6.5 billion in cash and stock.The...
Hybrid 3-D Printer Used to Create Cartilage Implants
Label: Technology Scientists at the Wake Forest Institute of Regenerative Medicine have pioneered an approach to replace damaged cartilage, combining two low-cost techniques.That’s right. We have the ability to 3-D print human cartilage.The research team’s breakthrough mixes electrospinning, a method of creating synthetic, polymer-based nanoscale-fibrous materials used for implants and wound dressing,...
Vampires foil Tooth Fairy, Santa to claim box office win
Label: Lifestyle(Reuters) – Teen vampire film “The Twilight Saga: Breaking Dawn – Part 2″ continued to take a bite out of the domestic box office, drawing $ 64 million in ticket sales over the five-day Thanksgiving holiday weekend to finish ahead of James Bond film “Skyfall.”After opening with a massive $ 141.1 million last weekend, the finale of the “Twilight” franchise brought in a holiday swarm of fans to see...
Legality of Warrantless Cellphone Searches Goes to Courts and Legislatures
Label: BusinessJudges and lawmakers across the country are wrangling over whether and when law enforcement authorities can peer into suspects’ cellphones, and the cornucopia of evidence they provide. Peter DaSilva for The New York TimesOrganizations like the Electronic Frontier Foundation, where Hanni Fakhoury is a lawyer, have lobbied for legislation that would require authorities to obtain a warrant...
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Egypt judges denounce Morsi maneuver, threaten strike
Label: World CAIRO — Political tension sharpened Saturday when judges threatened a nationwide strike and condemned President Mohamed Morsi...
How One <em>Myst</em> Fan Made Himself a Real-Life Linking Book
Label: Technology The classic PC game Myst was known for drawing people in to its massive, surreal world. But maker Mike Ando took a little piece of that world and drew it into ours. He made a lovingly authentic replica of the Linking Book that helps the main character — you — navigate the world.Myst was a ground-breaking point-and-click adventure game created by Cyan Worlds, made of...
Vampires, 007 may set record Thanksgiving sales
Label: LifestyleLOS ANGELES (Reuters) – The teen vampire movie “Twilight Saga: Breaking Dawn – Part 2″ continued to lure huge audiences, siphoning off $ 12.8 million in Wednesday night showings in what could fuel a record box office haul for the five-day Thanksgiving Day holiday.The final film in the “Twilight” series, collected $ 141.3 million last weekend for the industry’s eighth largest opening weekend. On Wednesday...
Indian Prostitutes’ New Autonomy Imperils AIDS Fight
Label: HealthKuni Takahashi for The New York TimesSex workers in Mumbai’s long-established red-light district, where brothels are dwindling. MUMBAI, India — Millions once bought sex in the narrow alleys of Kamathipura, a vast red-light district here. But prostitutes with inexpensive mobile phones are luring customers elsewhere, and that is endangering the astonishing progress India has made against AIDS. ...
Lobbying, a Windfall and a Leader’s Family
Label: BusinessGilles Sabrie for The New York TimesPing An, one of China’s largest financial services companies, is building a 115-story office tower in Shenzhen. The company is a $50 billion powerhouse now worth more than A.I.G., MetLife or Prudential. SHENZHEN, China — The head of a financially troubled insurer was pushing Chinese officials to relax rules that required breaking up the company in the aftermath...
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