Over the last half-century, Warren E. Buffett has built a reputation as a contrarian investor, betting against the crowd to amass a fortune estimated at $54 billion.Mr. Buffett underscored that contrarian instinct in his annual letter to shareholders published on Friday. In a year when Mr. Buffett did not make any large acquisitions, he bought dozens of newspapers, a business others have shunned....
U.S. Judges Offer Addicts a Way to Avoid Prison
Label: HealthTodd Heisler/The New York TimesEmily Leitch of Brooklyn, with her son, Nazir, 4, was arrested for importing cocaine but went to “drug court” to avoid prison. Federal judges around the country are teaming up with prosecutors to create special treatment programs for drug-addicted defendants who would otherwise face significant prison time, an effort intended to sidestep drug laws widely seen as inflexible...
U.S. Judges Offer Addicts a Way to Avoid Prison
Label: LifestyleTodd Heisler/The New York TimesEmily Leitch of Brooklyn, with her son, Nazir, 4, was arrested for importing cocaine but went to “drug court” to avoid prison. Federal judges around the country are teaming up with prosecutors to create special treatment programs for drug-addicted defendants who would otherwise face significant prison time, an effort intended to sidestep drug laws widely seen as inflexible...
Jennifer Sultan Pleads Guilty to Selling Prescription Drugs
Label: TechnologyAt the height of dot-com mania 13 years ago, Jennifer Sultan and a few colleagues sold their small technology company for $70 million in stock and cash. She and her boyfriend rented a large house in the Hamptons for the summer and bought a spacious loft near Union Square. John Marshall Mantel for The New York TimesJennifer Sultan faced 15 years to life on the top charge against her, and...
IHT Rendezvous: Muslims Seek Dialogue With Next Pope
Label: WorldLONDON — As the Catholic Church’s cardinal electors gather at the Vatican to choose a new pope, Muslim leaders are urging a revival of the often troubled dialogue between the two faiths.During the papacy of Benedict XVI, relations between the world’s two largest religions were overshadowed by remarks he made in 2006 that were widely condemned as an attack on Islam.In a speech at Regensburg University...
Mar
01
Detroit Car Sales Climb Again
Label: BusinessGeneral Motors reported a 7 percent gain in auto sales in the United States in February, beating several analyst estimates on the strength of its crossover models and pickup trucks, while Detroit rival Ford Motor Co. posted a slightly weaker-than-expected 9.0 percent gain. G.M. sold 224,314 cars and trucks last month. Sales of its Chevrolet Silverado pickup trucks jumped nearly 30 percent,...
The New Old Age Blog: Why Can’t I Live With People Like Me?
Label: Health“Aging in place” is the mantra of long-term care. Whether looking at reams of survey data, talking to friends or wishing on a star, who among us wouldn’t rather spend the final years — golden or less so — at home, surrounded by our cherished possessions, in our own bed, no cranky old coot as a roommate, no institutional smells or sounds, no lukewarm meals on a schedule of someone else’s making?That...
The New Old Age Blog: Why Can’t I Live With People Like Me?
Label: Lifestyle“Aging in place” is the mantra of long-term care. Whether looking at reams of survey data, talking to friends or wishing on a star, who among us wouldn’t rather spend the final years — golden or less so — at home, surrounded by our cherished possessions, in our own bed, no cranky old coot as a roommate, no institutional smells or sounds, no lukewarm meals on a schedule of someone else’s making?That...
Gadgetwise Blog: App Smart Extra: Starry Night
Label: TechnologyStars, galaxies, meteors and satellites were the subject of App Smart this week as I tested out astronomy apps to help identify objects in the night sky. These apps typically use your phone or tablet’s sensors to display a view of what you’re pointing your device at in the sky in real time, helping you identify planets and constellations. Here are more apps like this to try out:Star Walk — 5 Stars...
At War Blog: Remembering a Silent Success in Afghanistan
Label: WorldDecember in the mountains of southern Afghanistan greeted me and my men with strong and seemingly endless gusts of wind. The frigid temperatures were equally unforgiving. Our living quarters were constructed out of cardboard boxes and plastic sheeting, which didn’t create much of an escape. The highlight of my day, despite the obvious threat, was leading patrols as a squad leader. The physical activity...
Feb
28
DealBook: For S.E.C., a Setback in Bid for More Time in Fraud Cases
Label: BusinessThe Supreme Court on Wednesday delivered a swift and decisive rejection of the Securities and Exchange Commission’s argument that it should operate under a more forgiving statute of limitations in pursuing penalties in fraud cases.As a result of the decision, the agency will have to find a long-term solution to give itself more time to investigate cases.In Gabelli v. Securities and Exchange Commission,...
Phys Ed: What Housework Has to Do With Waistlines
Label: HealthPhys EdGretchen Reynolds on the science of fitness.One reason so many American women are overweight may be that we are vacuuming and doing laundry less often, according to a new study that, while scrupulously even-handed, is likely to stir controversy and emotions.The study, published this month in PLoS One, is a follow-up to an influential 2011 report which used data from the U.S. Bureau of Labor...
Phys Ed: What Housework Has to Do With Waistlines
Label: LifestylePhys EdGretchen Reynolds on the science of fitness.One reason so many American women are overweight may be that we are vacuuming and doing laundry less often, according to a new study that, while scrupulously even-handed, is likely to stir controversy and emotions.The study, published this month in PLoS One, is a follow-up to an influential 2011 report which used data from the U.S. Bureau of Labor...
Gadgetwise Blog: A New Furby Toy
Label: TechnologyFurby has a new little sister — or maybe brother.In stores this week, Furby Party Rockers from Hasbro, costing $23, are smaller and cheaper than the regular Furby, which are priced at $60. But they do less, too. There’s no animatronics and cheaper, backlighted lenticular eyes, designed to look like more expensive color eyes that move. They run on three AAA batteries and come in four varieties, complete...
IHT Rendezvous: IHT Quick Read: Feb. 28
Label: WorldNEWS Miguel Díaz-Canel Bermúdez, 52, the top contender to succeed the Castros in Cuba, will need to display the authority of a future president while acting as if he does not want the job. Damien Cave reports from Mexico City.In the waning hours of his troubled tenure, tens of thousands of believers gathered in St. Peter’s Square for Pope Benedict XVI’s valedictory address. Daniel J. Wakin reports...
Feb
27
DealBook: Obama’s Nominee for S.E.C. Tries to Allay Skepticism
Label: BusinessMary Jo White’s path to the Securities and Exchange Commission has reached a crucial juncture: the Congressional charm campaign.Lawmakers are scrutinizing Ms. White ahead of her Senate confirmation hearing, raising questions about the former prosecutor’s lack of regulatory experience and the challenge of policing Wall Street firms she recently defended in private practice. But Ms. White is seeking...
Personal Health: Too Many Pills in Pregnancy
Label: HealthThe thalidomide disaster of the early 1960s left thousands of babies with deformed limbs because their mothers innocently took a sleeping pill thought to be safe during pregnancy,In its well-publicized wake, countless pregnant women avoided all medications, fearing that any drug they took could jeopardize their babies’ development.I was terrified in December 1968 when, during the first weeks of my...
Personal Health: Too Many Pills in Pregnancy
Label: LifestyleThe thalidomide disaster of the early 1960s left thousands of babies with deformed limbs because their mothers innocently took a sleeping pill thought to be safe during pregnancy,In its well-publicized wake, countless pregnant women avoided all medications, fearing that any drug they took could jeopardize their babies’ development.I was terrified in December 1968 when, during the first weeks of my...
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