US official says Iran does not have data to build a nuclear bombOctober 5th, 2009 WASHINGTON - US National Security Adviser Lt. Gen. James Jones has refuted a newly uncovered IAEA report that suggests Iran has the information needed to build a nuclear bomb.
Barclays took $8.2B more than allowed: Lehman BrothersSeptember 15th, 2009 SAN FRANCISCO — Lehman Brothers has accused Barclays Capital of taking $8.2 billion more than it should have when it bought key assets of the failed investment bank a year ago. Tuesday is the one-year anniversary of Lehman's chaotic Chapter 11 filing.
Obama takes financial regulation push to NY on Lehman Bros. anniversarySeptember 13th, 2009 WASHINGTON — President Barack Obama plans to use the first anniversary of Lehman Brothers' collapse to talk about plans to wind down the government role in a financial sector that needed a Washington bailout last year, an administration official said Sunday. Obama's speech in New York on Monday will push Congress to take action on regulatory reform to prevent the kind of tailspin that the economy went through last year.
Iran has enough fuel to make a nuclear bomb: NYTSeptember 10th, 2009 WASHINGTON - Iran has created enough nuclear fuel to make a rapid, but a risky sprint for a nuclear weapon, according to American intelligence agencies. The new intelligence reports delivered to the White House say that the country has deliberately stopped short of the critical last steps to make a bomb, The New York Times reports.
US transports 118 pounds of bomb-grade uranium from Romania to secure site in RussiaJune 30th, 2009 Romanian uranium taken to secure siteWASHINGTON — The last remaining bomb-grade uranium has been shipped out of Romania as part of a U.S.-Russian nuclear nonproliferation program, the Energy Department reported Tuesday. Officials at the department's National Nuclear Security Administration said the highly enriched uranium was taken from two research reactors in Romania and flown to Russia for secure storage.
Lehman can investigate Barclays to see whether broker-dealer sale was 'too good of a deal'June 24th, 2009 Lehman can investigate Barclays over deal valueNEW YORK — A bankruptcy judge says Lehman Brothers can investigate whether Barclays got "too good of a deal" when it bought Lehman's broker-dealer unit last fall. Barclays PLC bought the broker-dealer in the chaotic week after Lehman filed for Chapter 11 protection on Sept.
Cameron Diaz to star in comedy 'Bobbie Sue'April 23rd, 2009 WASHINGTON - Actress Cameron Diaz has been roped in for Warner Bros. legal comedy titled "Bobbie Sue."
The story of the film revolves around a hard-charging female ambulance chaser whose mindset makes her the ideal candidate to be the face of a prestigious law firm when a powerful client is sued in a sexual discrimination case, reports Variety.
Lehman Brothers sitting on toxic nuke stockpileApril 16th, 2009 NEW YORK - The failed investment bank Lehman Brothers sits not only on toxic sub-prime mortgage loans but also toxic nuclear stockpile. According to reports, the bankrupt bank holds up to 50,000 pounds of uranium - called yellowcake - which can be upgraded to run nuclear plants - and make nuclear weapons.
Madonna plans final album with Warner Bros.March 19th, 2009 WASHINGTON - Madonna is working on the last album in her contract with record label Warner Bros., and it will again be a compilation of her hits. The 'Material Girl' will reportedly record new songs this summer, which will be meant specifically for the forthcoming release.
US intelligence chiefs say Iran can't build nukes yetMarch 13th, 2009 WASHINGTON - Disputing a claim by an Israeli official that Iran is capable of making a nuclear bomb, two top US intelligence officials have said that Teheran does not yet have the highly enriched uranium it needs to make a nuclear warhead. Meanwhile, a key Security Council committee has reported that Iran had violated the UN sanctions by trying to send weapons-related material to Syria on a cargo ship now docked in Cyprus.
Turner-Warner Bros. to launch English entertainment channel in IndiaMarch 5th, 2009 NEW DELHI - Hollywood aficionados in India have a reason to smile as entertainment biggies Turner International India and Warner Bros. Entertainment will soon launch a new English entertainment channel WB.
Iran has enough material to make nuclear bomb: US officerMarch 2nd, 2009 WASHINGTON - Iran has enough material to build a nuclear bomb, said US Chairman of the Joint Chiefs of Staff Michael Mullen Sunday. 'We think they do, quite frankly,' Mullen told CNN's 'State of the Union' presided by John King, when asked if Iran had enough nuclear material to build the nuke.
Can Iran make a nuclear bomb? Not so fast, analysts sayFebruary 26th, 2009 VIENNA - It's an argument over one figure: With 1,010 kg of low-enriched uranium, does Iran have the capability to make a nuclear weapon? Or is the country still some technical steps away from the bomb, as some nuclear analysts say?
After the International Atomic Energy Agency (IAEA) issued its latest report last week on Iran, several media suggested that the Vienna-based UN nuclear watchdog had determined that Tehran had enough fuel for a bomb. In fact, the IAEA had simply stated that Iran has enriched 1,010 kg of uranium hexafluoride to a low level - to analysts such as David Albright at the Washington-based Institute for Science and International Security, this figure means Iran has reached the 'break-out capability' to use the material for one weapon.
'Iran out of yellow cake uranium, race to prevent supplies'January 23rd, 2009 LONDON - Iran is running short of yellow cake uranium, triggering an international race to prevent it from importing the material needed to make nuclear weapons, according to a news report here Saturday. The Times quoted diplomatic sources as saying Iran's stock of yellow cake uranium, produced from uranium ore, could be exhausted within months.
US court agrees to partial sale of Lehman BrothersDecember 22nd, 2008 NEW YORK - A US bankruptcy court approved the sale of investment bank Lehman Brothers' investment-management division Neuberger Berman, media reports said. The sale to a group of executives of Neuberger Berman will provide about $922 million worth of stocks in proceeds, which are planned to be passed on to creditors of Lehman Brothers, once the fourth-largest US investment bank.