Resigning over reports he paid for a $1,000-an-hour prostitute, New York Gov. Eliot Spitzer leaves behind his political post but could face legal trouble from the stunning sex scandal. Spitzer, who fought malfeasance on Wall Street with publicity-conscious vigor, fell from grace after The New York Times reported this week that his conversations to arrange for an expensive call girl in a Washington hotel were caught on a federal wiretap. Sen. John Kerry listens as Eliot Spitzer endorses him during a rally in Albuquerque, New Mexico, February 2, 2004 … [Read more...] about New York Gov. Spitzer resigns but more woes likely
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2011 Pulitzer Prize winners announced in New York
The 95th annual Pulitzer Prizes were announced Monday in New York's Columbia University with Los Angeles Times receiving the coveted public service Pulitzer. In the 14 Journalism categories, winners represented 11 U.S. news organizations. Los Angeles Times was awarded for its exposure of corruption in the small California city of Bell where officials tapped the treasury to pay themselves exorbitant salaries, resulting in arrests and reforms. The paper also won the award of Feature Photography for reporting innocent victims trapped in the crossfire of deadly gang violence in Los Angeles. … [Read more...] about 2011 Pulitzer Prize winners announced in New York
Deutsche Bank investigated in U.S. over Iran: New York Times
CHICAGO – U.S. prosecutors are investigating Deutsche Bank and several other global banks over business linked to Iran, Sudan and other nations currently under international sanctions, the New York Times reported on Saturday. The U.S. Justice Department and the Manhattan District Attorney's office are investigating the banks for allegedly using U.S. branches to move billions of dollars in Iran-linked transactions, according to the report, citing unnamed law enforcement officials. … [Read more...] about Deutsche Bank investigated in U.S. over Iran: New York Times
Viet Nam-US business forum opens in New York
Banking and finance are among American businesses' most concerned fields. Photo: vneconomy The Chairman of the Viet Nam Chamber of Commerce and Industry (VCCI) expressed the hope that US businesses will be the leader of the coming investment influx in Viet Nam. Addressing the opening of the Viet Nam-US business forum entitled “Investing in Viet Nam” in New York on June 19, VCCI Chairman Vu Tien Loc noted that with geographical advantages and political stability, Viet Nam has become an attractive destination for foreign investors since joining the World Trade Organisation (WTO). Since early this year, more than 5 billion USD of foreign direct investment (FDI) have been registered in Viet Nam and around 1.5 billion USD of indirect investment capital have been mobilized through the securities market, the VCCI Chairman said. The total capital of FDI projects awaiting for approval exceeds 35 billion USD, he added. Officials of the Vietnamese Ministries of Planning and … [Read more...] about Viet Nam-US business forum opens in New York
2012 Pulitzer Prizes announced in New York
The 96th annual Pulitzer Prizes were announced Monday in New York's Columbia University with the Philadelphia Inquirer receiving the coveted public service Pulitzer. The Philadelphia Inquirer was awarded for its exploration of pervasive violence in the city's schools, using powerful print narratives and videos to illuminate crimes committed by children against children and to stir reforms to improve safety for teachers and students. The Tuscaloosa News Staff in Alabama won breaking news reporting Pulitzer for its enterprising coverage of a deadly tornado. The Associated Press and the Seattle Times took the investigative reporting Pulitzer prizes. New York Times won the explanatory reporting and international reporting prizes and the Patriot-News Staff in Pennsylvania took the prize for local reporting. The Huffington Post, an online publication, won national reporting prize for the riveting exploration of the physical and emotional challenges facing American soldiers severely … [Read more...] about 2012 Pulitzer Prizes announced in New York