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Analysis: Buffett Trades off his Reputation, Returns Follow

Warren Buffett showed again this week that his name and money is enough to give a struggling company instant credibility in the market. But the legendary investor also demonstrated his canny command of that reputation means that such deals can immediately generate profits.
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IRENE beach in North Carolina

Irene’s Danger: How Do Experts Measure Catastrophes?

While no one can know ahead of time just how much destruction a Category 3 Hurricane like Irene will do, specialty companies that specialize in catastrophic risk analysis are armed with historical data as well as links to national computer centers that track the storm in real time.
Hurricane Irene Over the Bahamas

Hurricane Irene Track: Won't Halt NASA Twin Moon Probe [PHOTOS]

Gathering strength as she morphs into a major Category 4 storm, Hurricane Irene continues her assault threat on the East Coast. But even she can't slow preparations for NASA's upcoming launches from Florida's Space Coast, including a moon-studying mission slated to start Sept. 8, the space agency said.
Flu vaccine

Childhood Vaccines Are Safe, a New Study Affirms

There is a growing group of parents who refuse to vaccinate their children, believing that vaccines increase the risk of autism, diabetes, asthma and other ailments. But a new report from the Institute of Medicine of the National Academies concludes that adverse effects are extremely rare.
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TCW kept Gundlach in dark before termination

Trust Co of the West worked for months in secret to acquire an entire firm to replace its star bond fund manager Jeffrey Gundlach and his mortgage-backed securities department before terminating him, TCW's chief executive testified in court.
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Kim Kardashian to be Kardashian Humphries Soon

Just days after Kim Kardashian tied the knot with her sweetheart, basketball player Kris Humphries, here is another expression of love from the lady. She is going to adopt his last name!
Felix of the U.S. celebrates after winning the women's 400 metres event at the Golden Gala IAAF Diamond League at the Olympic stadium in Rome

Felix to Get Brisco Help for Double Bid

U.S. sprinter Allyson Felix will receive some last-minute tips from a trailblazer as she launches her bid for a unparalleled 200-400 meters double at the world championships, the three-times world 200 meters champion's coach said on Thursday.
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Steve Jobs resigns from Apple, Cook becomes CEO

Silicon Valley legend Steve Jobs relinquished the reins at Apple Inc to right-hand man Tim Cook on Wednesday, after 14 years in command at a company he brought back from the brink and turned into the world's largest technology corporation.
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Factbox: Apple's history and milestones

Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move that ended his 14-year reign at the technology giant he co-founded in a garage.

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