New York-Frankfurt stock exchange merger blocked
NEW YORK (CNNMoney) — The parent company of the New York Stock Exchange said Wednesday that it plans to end its proposed merger with the parent of the Frankfurt exchange, after European officials blocked the deal. NYSE Euronext (NYX, Fortune 500) said it will instead repurchase shares, as a way…
U.S. Peace Corps pulls out of Honduras
Tegucigalpa, Honduras (CNN) — The U.S. Peace Corps has pulled more than 150 volunteers out of Honduras while the organization reviews security in the Central American country, a spokeswoman said Tuesday. The 158 volunteers attended a conference over the weekend and have safely left Honduras, spokeswoman Kristina Edmunson said in…
China’s urban explosion: A 21st century challenge
Beijing (CNN) — Until about four years ago, farmer Zhou Jie and his family had been living in rural Anhui province, growing grain and other staples on a small plot of land. Now they live in the outskirts of Beijing, renting a tiny house owned by a local farmer. In…
15 greatest hats of the world
Hats can tell us a lot about people: what they do for a living, what team they support, what they feel about going bald. Cultures all over the world have generated an incredible array of headgear, and each boasts outstanding and unique characteristics. But in the interests of generating arguments,…
What’s the controversial site Megaupload.com all about?
Megaupload, the file-sharing website shut down Thursday by the U.S. federal government, is a Web hosting tool that now finds itself accused of being an online haven for digital pirates. Many people probably never have heard of the site. But to millions, the 6-year-old site, based in Hong Kong, was…
Did South Africa snub IMF’s Christine Lagarde?
South Africa (CNN) –It was a hot summer day when Christine Lagarde, the head of the International Monetary Fund visited South Africa in early January. However, it appeared that she received a rather chilly welcome from the South African government. The South Africans, despite knowing about her visit for more…
