
Last night, Somali pirates hijacked a Russian oil tanker 550 miles off their country’s coast. The attack on the 106,000 ton tanker, name Moscow University, prompted Russian officials to send a warship to pursue the pirates and hopefully recover the lost oil. The Russian vessel’s records indicate it was carrying 23 crew members and hauling over $52 million in crude oil. (more…)
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Russian Oil Tanker Hijacked
Wednesday, May 5th, 2010Sports
Phillies Fan Tasered
Wednesday, May 5th, 2010
During the Phillies vs. Cardinals game on Monday night in Philadelphia, a crazed fan ran onto the field during the middle of the game. Questions arose after police had to use a taser to subdue the man. Police officials in Philadelphia are now considering whether officers should get involved when unruly, but non-threatening, fans sprint onto the field during sporting events. (more…)
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Local News
Bloomberg Talks Budget Today
Thursday, May 6th, 2010
Today, Mayor Bloomberg plans to introduce New York City’s budget plan for the next fiscal year. Previously, the Mayor was considering slashing police officers and teachers to close the budget gap. However, due to recent events involving terrorism plots, specifically the times square bomb, the plans will probably change. (more…)
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Business
Warren Buffett Explains Goldman Sachs
Wednesday, May 5th, 2010
Warren Buffett believes that there was nothing illegal about Goldman’s actions when handling Abacus. He believes that if due diligence was really done, there would be no reason for this investigation or frivolous lawsuits because you would never have invested in the fund. Many investors support Buffett’s thinking not only because it makes sense, but mainly because they don’t care and aren’t affected. (more…)
World News
6.5 Quake Off Taiwan Coast
Tuesday, April 27th, 2010
Yesterday, the USGS reported a 6.5 magnitude earthquake in Taiwan waters. Luckily, the center of the quake was about 170 miles southeast of T’ai-Tung, Taiwan. The quake was powerful enough to shake buildings in Taipei. (more…)
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