Hedge Fund Manager And S.E.C. Reach Deal
Date: 10 May 2013
By BEN PROTESS
Disgraced hedge fund manager Philip A Falcone reaches settlement with Securities and Exchange Commission over accusations that he manipulating market, embezzled funds to pay taxes and favored certain clients at expense of others; agreement includes two-year ban from raising new capital and immediate disbursement of money to investors who are fleeing his fund. Photo (M)
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To Keep Fliers Connected, F.C.C. Advances a Plan to Speed Up Wi-Fi on Jets
Date: 10 May 2013
By EDWARD WYATT
Federal Communications Commission proposes auctioning off rights to use newly available airwaves to provide better in-flight Wi-Fi connections, part of agency's effort to improve speed and lower cost of Internet service on commercial flights. Photo (M)
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Federer Ousted in Madrid
Date: 10 May 2013
By RAPHAEL MINDER
Roger Federer, second seed and defending champion, makes an early exit from the Madrid Open after losing to Kei Nishikori in three sets. (S)
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Labor Dispute Ends Orchestra’s Season
Date: 10 May 2013
By ALLAN KOZINN
Minnesota Orchestra, whose musicians have been locked out in labor dispute since October 2012, says that it has canceled its concerts effectively through the rest of its season. (M)
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Knights In Battered
Armor
Date: 10 May 2013
By MIKE TIERNEY
Battle of the Nations, modern-day, medieval-like international combat event taking place in France, has steel armor-clad participants who embody a certain breed of fighter. Photos (M)
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SAC Is Said To Extend A Deadline For Clients
Date: 10 May 2013
By PETER LATTMAN
SAC Capital Advisors, seeking to prevent investor flight amid government insider trading investigation, gives investors extension to decide whether to withdraw from fund; extension hints at tense behind-the-scenes discussions between SAC and its investors. (M)5
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Owning a Dog Is Linked To Reduced Heart Risk
Date: 10 May 2013
By ANAHAD O'CONNOR
American Heart Association says owning a dog is 'probably associated' with reduced risk of heart disease. Photo (M)3
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Library Moves Ahead With Its Renovation Plans
Date: 10 May 2013
By ROBIN POGREBIN
New York Public Library trustees make first public expenditure on its hotly-contested renovation plan, deciding to allocate $9 million for project's architect, Norman Foster. Photo (M)
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The Michael Moore of the Grade-School Lunchroom
Date: 10 May 2013
By INDRANI SEN
City Room blog on Zachary Maxwell, New York City fourth grader who made a surreptitious film on the food served in the school cafeteria; notes the film Yuck: A 4th Grader's Short Documentary About School Lunch will be screened at the Manhattan Film Festival. Photo (M)0
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JPMorgan Sued Over Credit Card Debt Cases
Date: 10 May 2013
By JESSICA SILVER-GREENBERG
California Atty Gen Kamala D Harris files lawsuit against JPMorgan Chase, accusing bank of flooding state's courts with questionable lawsuits to collect overdue credit card debt. Photo (M)
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