THE NEW YORK TIMES

People walk past a sign of Olympus Corp outside the company's showroom in Tokyo

More deals in focus as Olympus scandal widens

As attention in the Olympus accounting scandal turns to whether funds used to cover up losses were funneled to criminal groups, scrutiny is set to increase on deals not yet in the spotlight, including an ill-fated $780 million investment in technology firm ITX.

FDA Revokes Avastin Approval for Breast Cancer Treatment

Breast Cancer Can Be Prevented
The FDA announced on Friday it has revoked approval of the cancer drug Avastin for breast cancer patients, citing multiple studies that concluded it does not prolong the life of women suffering from metastatic breast cancer.
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Jerry Sandusky

Sandusky Victim's Lawyer 'Appalled' By Interview, Says Client Will Testify

Calling former Penn State assistant coach Jerry Sandusky a coward for denying the 40 charges of child sex abuse against him, a lawyer for one of the alleged victims says comments by Sandusky and his attorney have spurred others to come forward, and condemned both the Second Mile founder and Penn State for victim-blaming and cover-up.
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Joe Paterno Sold House to Wife for $1

Less than four months before the Penn State sex abuse scandal erupted, Joe Paterno transferred full ownership of his Pennsylvania home to his wife, Suzanne, for $1 plus love and affection, according to county records.
Classroom

Court: Teachers' Union Un-Appealing

The United Federation of Teachers has failed at its attempt to block the Department of Education from allowing the public to view of over 12,000 teachers' evaluations. The union will now file for an appeal at the highest court in state, The New York State Court of Appeals
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NYPD Moves to Evict Occupy Wall Street

Police wearing helmets and carrying shields began early Tuesday morning to clear Zuccotti Park in New York City, where protesters from the Occupy Wall Street movement have been camped since September.

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