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Aussie boss gives $15 million bonus to staff

An Australian bus operator has stunned his employees by handing out Aus$15 million (US$15.9 million) in thank you bonuses, with workers saying Wednesday they were overwhelmed by his generosity. Ken Grenda, 79, sold his family-run company after 66 years and decided to put a chunk of the profits into the…

Still chance for diplomacy with Iran: U.S. officials

Sanctions and diplomacy may yet persuade Iran to give up its nuclear program, as its leaders have shown a rational “cost-benefit approach” in their calculations, senior US officials said. The top intelligence officials suggested Tuesday that military conflict with Iran was not inevitable, despite soaring tensions with Tehran and a…

Disney to take controlling stake in India’s UTV

US media giant Disney announced it will take a controlling interest in India’s leading television producer, UTV, and delist the Indian media and entertainment group. “Increasing our brand presence and reach in key international markets is a cornerstone of our growth strategy,” Disney International chairman Andy Bird said in a…

Netanyahu claims victory in party primary

Israeli Prime Minister Benjamin Netanyahu has claimed victory in the primary of his rightwing Likud party over his sole rival, the hardline settler Moshe Feiglin. “I thank you for the confidence and the renewed support that you have given me,” Netanyahu told a party gathering before the official results were…

Oldest known croc had a shield-like head: study

The oldest known species of crocodile had an armor-plated head and a body half the length of a subway car, according to research released Tuesday by US scientists who identified the now-extinct creature. Nicknamed “Shieldcroc” for its impressive head plate, the aquatic reptile swam in the waters of Africa some…

Leave isolated Amazon natives alone, Peru says

Peruvian officials on Tuesday urged outsiders to stay away from isolated Amazon basin rainforest natives after pictures of “uncontacted” tribe members were published online. Mariela Huacchillo with the Peru’s office for Natural Protected Areas (SERNANP) told AFP that even indirect contact with the indigenous people could spread deadly viruses that…

China unfairly subsidizing auto parts exporters: U.S. industry

A US industry and union coalition accused China Tuesday of sweeping illegal subsidies to its auto-parts sector that threaten to destroy more than a million US jobs. Launching a campaign to press for trade action against Beijing, the Alliance for American Manufacturing and senior politicians said the Chinese subsidies threaten…

Pakistan helping Taliban: secret NATO report

The Pakistani security services are secretly helping Afghanistan’s Taliban, who assume their victory is inevitable once Western troops leave, a secret NATO document says, according to reports Wednesday. The leaked “State of the Taliban” report — seen by the BBC and The Times newspaper — was compiled from information gleaned…

Gingrich super PAC adviser: Democrats want to abort black babies

A senior adviser to the pro-Gingrich super PAC “Winning Our Future” claimed on Tuesday that Republican presidential candidate Newt Gingrich was not using coded racial language, and pointed the finger at Democrats for once having a “racist platform.” Following Mitt Romney’s win in the Florida Republican primary, MSNBC’s Rachel Maddow…

Twitter happenings

Update: You can read my expanded thoughts on the Komen cowardice here. As usual, Jesse and I will be tweeting coverage of the Florida primary tonight, which you can check out here for me and here for Jesse. If you’re not watching Twitter already, however, I highly recommend it. People…

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