| BHP Billiton raises Rio Tinto takeover offer
BHP Billiton has launched an improved takeover offer for rival Rio Tinto that will create the largest diversified resources company in the world. BHP Billiton, which had until Wednesday London time to formalise its bid for Rio Tinto under UK law, announced an offer of 3.4 of its shares for every Rio share. The offer is an improvement on an informal three for one approach made late last year. Rio Tinto has acknowledged the improved bid and says it will consider the new proposal carefully.Chief executive Marius Kloppers said during a teleconference that the company's offer for Rio Tinto remained "compelling".BHP Billiton said its offer - which values the target at about $US147 billion ($163 billion) - represents a 45 per cent premium to the Rio Tinto share price prior to the approach.
Feds looking into alleged metro Ponzi scheme
Federal agents are investigating several people suspected of running a fraudulent investment scheme that helped pay for stock market day trading and gambling trips to Las Vegas. The alleged scheme used a number of Twin Cities business entities and is believed to have tapped more than 200 investors nationwide for at least $10.9 million, according to a sworn statement filed this month in Minneapolis federal court to obtain three search warrants. U.S. Postal Inspector Rob Strande, who filed the statement, said the losses have not been determined, but that they could be substantial. Strande said in the affidavit that the suspects solicited investors by promising returns of 20 to 2,200 percent over the course of one to 18 months. Potential investors were told that their money would go to unspecified ventures -- including gold, diamonds and oil commodities -- he said.
Mind & Mathematics
Since this method of teaching basic mathematics is in its preliminary stage, the long-term effect on the overall brain development of the students, is yet to be assessed contrary to claims by Aloha, he added. Wizard sans teacher Anurag Kapoor, a Plus One student of the Dayananad Model Senior Secondary School, is a proven expert in mental mathematics. He has been good at at since the age of five. He has not learnt it from any teacher as Aloha students, no abacus and no Vedic Mathematics. He can add, subtract, multiply and divide any two-digit number, find root of a perfect square and find a day in any particular year, much like Tejas, Alohas star student in Bangalore. Anurag has cleared the National Talent Search Examination and is waiting for the interview result.Vedic mathematics It is a system of mental calculation developed by Shri Bharati Krishna Tirthaji in the middle of the 20th century.
Mother Earth Mother Board
During the decades after Morse's "What hath God wrought!" a plethora of different codes, signalling techniques, and sending and receiving machines were patented. A web of wires was spun across every modern city on the globe, and longer wires were strung between cities. Some of the early technologies were, in retrospect, flaky: one early inventor wanted to use 26-wire cables, one wire for each letter of the alphabet. But it quickly became evident that it was best to keep the number of individual wires as low as possible and find clever ways to fit more information onto them. This requires more ingenuity than you might think - wires have never been perfectly transparent carriers of data; they have always degraded the information put into them. In general, this gets worse as the wire gets longer, and so as the early telegraph networks spanned greater distances, the people building them had to edge away from the seat-of-the-pants engineering practices that, applied in another field, gave us so many boiler explosions, and toward the more scientific approach that is the standard of practice today.
Special forces on standby over nuclear threat
They get hammered every time they TRY and conduct ops against the islamofacists in thier country. Why do you think Musharraff ceded those NWFP"S to our enemies instead of fighting? Ur full of cow chips my friend, and lay off the Molsons and that Canadian Club, it clouds ur judgement. You should be ashamed, ur countrymen are kickin' azz over there, shame we don't have 5,000 more. As for Bush & Co, they have f'd up the REAL mission, and this a-stan business should be coming to a close. Guess not coz we went into Iraq. .
Bush urges Republican Party to unite
For those voters who consider Obama as a glamorous IPO with the high-flying potential like another Google, they jump onto the bandwagon in fear that they might miss the chance to get rich quick. Who knows what eventually could turn out, just like so many fancy stocks during the dotcom craze days eventually turned into dogs and lemons in the aftermath of the dotcom meltdown. Obama might just become another Crispy Cream, which had so much anticipation and later so mcuh disappointment. .
Feds launch criminal investigation into San Francisco oil spill
Nearly 200 dead birds have been recovered from the bay, while another 465 birds have been rescued alive but oiled, according to Lisa Curtis, administrator of Department of Fish and Games office of spill prevention and response. See photos of oil coating the bay » The crew was new to the ship, which was built six years ago in South Korea but purchased just last month by the current owner, Hersman said. They were on their first voyage in the vessel, she said. The U.S. attorney in San Francisco opened a criminal investigation over the weekend to see if federal maritime laws may have been violated by the captain and crew, Allen said. "The vessel is detained in port under a captain of the port order because it is unsafe to sail." Several beaches and shorelines were closed to the public and fishing was banned in certain locations on Port of San Francisco property.
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