Tuesday, April 3, 2012

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

Published on Apr 3, 2012 by
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
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 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 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.