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World's longest train tunnel
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New York Auto Show 2013
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How budget cuts could affect you
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Hong Kong's cramped quarters
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By Jonathan Stempel (Reuters) - Borders owes nothing to holders of roughly $210.5 million of gift cards that had not been used by the time the bookstore chain shut down, a Manhattan federal judge ruled on Wednesday. U.S. District Judge Andrew Carter said it would be unfair to other creditors of the former Borders Group Inc. to let gift card holders pursue recoveries from the bankruptcy estate. To do so, Carter explained, could upset a liquidation by Borders' bankruptcy trustee that is already "substantially" completed. ...
- The Gruesome Details of London's Horrifying Machete Attack
An attack in broad daylight in London on Wednesday is drawing a swift response — and a possible terror link — from the highest authorities. Reports suggest two men chased down another man with their car before getting out, attacking him with a machete, and dragging him through the city streets.
- Samsung buys major stake in rival smartphone maker
Samsung has reportedly made a major investment in rival South Korea-based smartphone maker Pantech. Yonhap News was first to report the news and it says Samsung spent roughly $50 million for 10% of the company. Samsung’s motives are unclear, though the deal will reportedly “help further solidify bilateral cooperation in smartphone and other business areas.” Pantech is currently the No.3 phone maker in South Korea behind Samsung and LG, and the new investment makes Samsung the company’s third-largest shareholder behind Qualcomm and Korea Development Bank.
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- John McCain Is the Latest Senior Senator to Have Had Enough of Junior Ted Cruz
For two days John McCain and Ted Cruz have been fighting on the Senate floor over the rules for negotiating a budget, but, like so many fights, it's also about so much more. Cruz is being annoying about the budget, but worse, he just doesn't get the Senate.
- Restaurant reopens after bad reality TV experience
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- Teens Are Turning Away from Facebook Because Tumblr Is Real, and Parent-Free
Teenagers really are over Facebook. In February the social network warned investors that "our younger users ... are aware of and actively engaging with other products and services similar to, or as a substitute for, Facebook." And in April the investment bank Piper Jaffray reported that products and services like Tumblr and Twitter were further eroding Facebook's dominance among the Justin Bieber set. But why? In a deep report published on Tuesday, Pew Research explains that teenagers departing the social network's blue confines are looking for something more... real. ...
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