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Gordon Brown admits ‘big mistake’ over banks
LONDON — Ex-prime minister Gordon Brown admitted that he made a “big mistake” in not seeking tighter regulations on banks in the lead up to the financial crisis. The former leader told a conference in the US that he had not fully appreciated how “entangled” the global financial system had…
Two-drug obesity therapy finds success in initial study
PARIS (AFP) – A new treatment for obesity that combines two existing drugs resulted in twice as much weight loss as the only approved long-term anti-obesity medication, according to a study released Monday. A mix of Phentermine and topiramate, sold under the brand name of Topamax, was shown in clinical…
Overweight? There’s an app for that
NEW YORK (Reuters Life!) – Worried about how many calories you are going to consume in that slice of pizza, chocolate cake or bag of fries? A new iPhoneapplication may help. After taking a picture of the meal with the phone, the app gives a calorie read-out almost instantly. The app, called MealSnap,…
Russia denies plans to ban Gmail, Skype
MOSCOW – The Russian security service denied Saturday it had plans to ban Skype and Gmail after one of its top officials said such services posed a serious security risk. The information and special communications director of the Federal Security Service (FSB) told a cabinet meeting Friday that he was…
China posts first quarterly trade deficit in 7 years
SHANGHAI – China said it had posted its first quarterly trade deficit in seven years, despite a narrow surplus in March, as rising commodity prices pushed manufacturers’ costs higher. China recorded a small trade deficit of $1.02 billion for the first quarter, its first since the beginning of 2004. But…
MySpace may trim down to win suitors
SAN FRANCISCO – Reports surfaced on Friday that faded social networking star MySpace may cut more staff to be attractive to suitors. A Wall Street Journal report cited unnamed sources as indicating News Corp. might make MySpace leaner for potential buyers including music video service Vevo, China-based Internet company Tencent,…
Madoff’s secret shame: Danielle Steel
Bernie Madoff, the infamous Ponzi schemer who has been imprisoned since 2009, granted his second jailhouse interview since the beginning of his incarceration. Not only did he tell the Financial Times the long story of his deception and the reason he fell down the rabbit hole of fraud (“I was…
Johnson & Johnson fined for bribing doctors
WASHINGTON — US authorities fined cosmetics and drugs giant Johnson & Johnson $70 million on Friday for bribing doctors in Europe and paying kickbacks for contracts under a UN relief program in Iraq. The Department of Justice and Securities and Exchange Commission said since 1998 the firm had paid doctors…
House GOP votes to overturn net neutrality
By Kevin Drawbaugh WASHINGTON (Reuters) – The House of Representatives voted on Friday to reject Internet “neutrality” rules that were adopted last year to keep big Internet service providers from blocking certain traffic House Republicans, in a 240-179 vote, pushed through a measure disapproving the Federal Communications Commission’s rules. Tech…
World food prices dip for the first time in eight months
ROME (AFP) – World food prices fell for the first time in eight months in March after record highs largely due to oil prices, though the situation remains volatile, the UN’s food agency said on Thursday. The Food and Agriculture Organisation’s Food Price Index dropped to an average 230 points…
Brand new on Raw Story
- Rep. Steve King: ‘Ronald Reagan’s signature on the 86 Amnesty Act brought about Barack Obama’s election’
- Federal Trade Commission opens investigation into Google’s DoubleClick ads
- Court orders UK to hold inquiries into illegal civilian deaths during Iraq War
- Petraeus biographer apologizes for ‘harm’ caused by affair
- Humanist groups raise tens of thousands for atheist tornado survivor
- 9-year-old girl lectures McDonald’s CEO about children’s nutrition
- New app allows users to fight racist graffiti in France
- Fashion retailers complain street crime is ruining Paris tourism
- Volkswagen’s 75th anniversary shadowed by Hitler celebration
- Veterinarians amazed, reporters disgusted by 4 pound hairball removed from a tiger’s stomach
Commentary
On Memorial Day, it’s time to make sure our veterans suffering from burn pit diseases get the care they need
By Nora Eisenberg
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Sexual harasser learns same old excuses don’t work anymore
By Amanda Marcotte
The real problem with 'check your privilege': It’s too generous
By Amanda Marcotte
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