DealBook: UBS Expected to Pay At Least $1 Billion to Settle Libor Case

10:00 p.m. | Updated Federal prosecutors are close to securing a guilty plea from a UBS subsidiary at the center of a global investigation into interest rate manipulation, the first big bank to agree to criminal charges in more than a decade.UBS is in final negotiations with American, British and Swiss authorities to settle accusations that its employees reported false rates, a deal in which the...

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Jenni Rivera jet linked to troubled company and executive

So far, this much is clear: Jenni Rivera, one of the most celebrated artists in the Latin world, died when her private jet went...

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Battle Bots Fight Kaiju in Epic First Trailer for <em>Pacific Rim</em>

Who’s ready for a nerdgasm? Click “play” above and watch.After a long wait, fans (at least those not lucky enough to catch the sneak peaks offered at San Diego Comic-Con International or New York Comic Con) are finally getting their first look at footage from director Guillermo del Toro’s upcoming “robot porn” flick Pacific Rim. And it was worth the wait — monsters-versus-robots...

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Music, comedy strike defiant tone at Sandy concert

NEW YORK (AP) — Music and comedy royalty struck a defiant tone in a benefit concert for Superstorm Sandy victims on Wednesday, asking for help to rebuild a New York metropolitan area most of them know well.The sold-out Madison Square Garden show was televised, streamed online and aired on radio all over the world. Producers said up to 2 billion people could experience the concert live.“When are you...

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Eli Lilly to Conduct Additional Study of Alzheimer’s Drug

The drug maker Eli Lilly & Company said on Wednesday that it planned an additional study of an experimental Alzheimer’s drug that failed to improve the condition of people with the disease, saying that it remained hopeful about the drug’s prospects. The newest study is expected to get under way in the third quarter of 2013 and will focus on patients with mild Alzheimer’s disease. Lilly...

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Small-Business Guide: Sifting for Eager Customers in Trove of Online Data

Velvet Palate sells artisanal wines that are made in small quantities around the world and typically not stocked in stores. Selling online, said Kim Kooren, a co-founder, has allowed the company to zero in on a niche of geographically diverse customers. Before helping to start Velvet Palate in New York in January, Ms. Kooren worked for an online media company that analyzed how effectively...

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North Korea launches its second rocket this year

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Google Pins Gmail Outage on 'Routine Update' Gone Wrong

Monday’s Gmail outage didn’t last long — just 18 minutes, according to Google — but it disrupted an awful lot of users. When the popular webmail service went down around 9 a.m. PST, as much as 40 percent of all users were affected.On Tuesday afternoon, Google published its explanation of what went wrong. The problem, the company said, was a “routine” update that caused Google’s load-balancing...

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Spice Girls take stage at musical premiere

LONDON (Reuters) – The Spice Girls took to the stage on Tuesday after the world premiere of a new musical loosely based on their meteoric rise to fame in the 1990s, earning huge cheers from an audience that only really got going at the encore.“Viva Forever!” was the brainchild of producer Judy Craymer, whose “Mamma Mia!” musical based on the hits of ABBA has earned nearly $ 2 billion worldwide and...

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Rate of Childhood Obesity Falls in Several Cities

Jessica Kourkounis for The New York TimesAt William H. Ziegler Elementary in Northeast Philadelphia, students are getting acquainted with vegetables and healthy snacks. PHILADELPHIA — After decades of rising childhood obesity rates, several American cities are reporting their first declines. The trend has emerged in big cities like New York and Los Angeles, as well as smaller places like...

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