Europe - Taking on organised crime

Published on Apr 3, 2012 by Euronews

http://www.euronews.com/ Organised crime groups are quick, entrepreneurial and good at making money, but getting hold of that stash is proving an uphill battle. In this first edition of On the Frontline, we see the efforts being made to crack down on organised crime in Europe.

USA - Police: Oakland, California Shooter Tried to Line-up Victims

Published on Apr 3, 2012 by AssociatedPress

Police in Oakland, California say the alleged shooter in a religious school shooting began shooting after some of the victims refused to cooperate with his request that they line-up against a wall. (April 3)

USA - Battered Racing Yacht, Crew Limp Into San Francisco Bay

Published on Apr 3, 2012 by AssociatedPress

A battered racing yacht and its bruised crew arrived at a California port Tuesday, three days after a monstrous wave knocked off its steering wheel and injured several crew members during an around-the-world race. (April 3)

Bahrain - economy suffering under unrest

Uploaded by AlJazeeraEnglish on Apr 3, 2012

Recent social unrest in the country coupled with the global financial crisis has hit the island's economy hard.

BBC Sport - Bahrain Grand Prix a certainty in 2012 - Bernie Ecclestone

www.bbc.co.uk/sport/0/formula1/17143719 - 

23 Feb 2012 – Formula 1 boss Bernie Ecclestone says he is "100% sure" that the Bahrain Grand Prix will go ahead this year.

SEC Investigates Groupon After Earnings Restatement

Uploaded by FinancialNewsOnline on Apr 3, 2012

The Securities and Exchange Commission is investigating online deal site Groupon after the company announced their first set of financial results were incorrect.

Groupon issued a restatement of their fourth quarter earnings, saying it hadn't set aside enough money for customer refunds. Despite investor worries the Chief Financial Officer Jason Child says the company is "confident in the fundamentals" in its business.

This is not unfamiliar to the fast growing company. Groupon twice revised its finances before its November IPO.

However, because of restatement, Groupon shares plummeted yesterday, down 17% to $15.28 a share.

What's In The News: April 3, 2012 Groupon's (NASDAQ:GRPN) Morgan Stanley (NYSE:MS) and UBS (NYSE:UBS)

Uploaded by FinancialNewsOnline on Apr 3, 2012

This is what's in the news for Tuesday April 3, 2012. The Wall Street Journal reports People's Bank of China Gov. Zhou Xiaochuan says the world hasn't emerged from the financial crisis, and cautioned the U.S. to take "more responsibility" for its efforts to revive its economy through monetary easing. The Wall Street Journal also reports the SEC is examining Groupon's (NASDAQ:GRPN) revision of its first set of financial results as a public company, sources say. Bloomberg reports potential downgrades of banks by Moody's Investor Service, including Morgan Stanley (NYSE:MS) and UBS (NYSE:UBS), could push more business to JP Morgan Chase (NYSE:JPM) and Deutsche Bank (NYSE:DB). Bloomberg also reports Australian LNG projects planned by companies from Royal Dutch Shell (NYSE:RDS.A) to Woodside Petroleum (ASX:WPL), valued at about $100B, are at risk from rising costs and cheaper U.S. exports. Finally, Reuters reports Google (NASDAQ:GOOG) will continue to invest in China, focusing on increasing its fast growing display and mobile advertising businesses, says the company's APAC President Daniel Alegre

Britain - James Murdoch resigns as executive chairman of News International

Published on Feb 29, 2012 by itnnews

James Murdoch has left his role as executive chairman of News International - the publisher of The Sun and The Times. Report by Ed Knowles.

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Philippines - Dozens of pit bulls rescued from dog fights will be put down

Published on Apr 3, 2012 by AssociatedPress

Dozens of pit bulls rescued from Philippine dog fights will be put down, say animal welfare officers. They're among close to 300 found after a raid on a fighting ring linked to international online gambling. (April 3)