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Ariana: helicopter dropped $2.6 m onto its deck
7 hours ago ago from Flags of Convenience
"We've paid the ransom and we are waiting for the pirates to release the Ariana," Spyros Minas, head of Alloceans shipping, declining to disclose the amount of ransom paid. Maltese-flagged Ariana and its 24 Ukrainian crew were seized on May 2 north of Madagascar en route to the Middle East from Brazil. Earlier on Thursday, a pirate source that a helicopter had dropped $2.6 million (1.59 million pounds) onto its deck. "We have taken a ...
Related contentRWE chief fired up over carbon – Financial Times
15 hours ago ago from Utility Debts
RWE chief fired up over carbon Financial Times Jürgen Grossmann, the chief executive of RWE , is not afraid to be unconventional. At the opening ceremony for the group’s new offshore wind farm in north Wales last week, he was presented with a rugby shirt that was very obviously too small for Dubai Debt Confusion Dents Confidence ABC News DUBAI (Reuters) Concern over debts at Dubai's utility provider and losses at Nakheel, builder of ...
Related contentDeal Finally Done
6 hours ago ago from Shiptalk
Somali pirates holding a Greek-owned vessel since May said a $US2.5 million ($2.75 million) ransom was finally paid today and the MV Ariana and its crew of 24 Ukrainians would be freed shortly. The deal is now complete, the ransom money was delivered to us early this morning and the ship will be released within minutes, Mohamed Ilkaase, a member of the pirate gang holding the MV Ariana, told AFP by phone from the coastal town of Hobyo. ...
Related contentCrosby terms: $1 million, $500K bonus
18 hours ago ago from PBC Blog
By Dejan Kovacevic | 5:58 p.m. Wednesday INDIANAPOLIS -- The Pirates' signing of free-agent shortstop Bobby Crosby , which will be made official as early as tomorrow pending the physical, will be for one year at a guaranteed $1 million plus as much as $500,000 in bonuses based on plate appearances. Crosby's addition, by the way, will leave just one opening on the 40-man roster in advance of the Rule 5, where a player is expected to ...
Related contentQuick Hits 12.09.09
18 hours ago ago from paidContent
Time Warner believes it can get more revenue out of TMZ once it takes the site over from AOL ( NYSE: TWX ). [ LA Times ] Union Square VC's Fred Wilson doesn't think Vevo can work in its current incarnation. [ A VC ] Newspaper execs at the UBS media conference are trying to put a positive spin on grim news 2009 is shaping up to be the lowest ad sales-producing year since 1986. [ Newsosaur ] Howard Stern is considering his ...
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AOL gets independence from Time Warner on Thursday
11 hours ago ago from PopEater
SAN FRANCISCO -AOL is becoming an independent Internet company again. With the company's spinoff from Time Warner Inc. complete, AOL's stock is set to officially begin trading Thursday. AOL CEO Tim Armstrong plans to ring the opening bell at the New York Stock Exchange. AOL's dial-up Internet access business has just one-fifth as many subscribers as it had at its peak in 2002. Now the company is trying to boost its fading profitability with a ...
Related contentGoing Deep for the Cheap in New York
23 hours ago ago from The New York Times
Search All NYTimes.com December 9, 2009, 12:01 am Going Deep for the Cheap in New York By MATT GROSS For those of us who live here, the expense of New York City is something we've long since adjusted to. Designer tank tops for $140, truffled hamburgers for $150, studio apartments renting for upward of $3,000 â even in the midst of recession, these things seem somehow normal, the price of admission to ...
Related contentSous Vide, Korean Barbecue and Revamped Latkes - The New York Times in 60 Seconds
21 hours ago ago from Slashfood
Photo: LookatLao, Flickr . "Going once, going twice ..." Many of the treasures from the iconic Tavern on the Green restaurant will be auctioned off next month to the highest bidder. With Hanukkah starting Dec. 11, non-Jewish chefs with Jewish spouses embrace, interpret and refresh traditional Hanukkah recipes . Move over, Ferran Adri : The first sous-vide machine for home cooks, the SousVide Supreme , is on the market for $449. Sam ...
Related contentCharles Warner: The Dallas Morning News Is On the Right Track
13 hours ago ago from Huffington Post
Many traditional journalists were up in arms last week when the Dallas Morning News announced that senior editors in the sports and entertainment departments would report to executives from the business side of the newspaper. Purists accused the A.H. Belo paper of breaking down the traditional wall between the editorial and business/sales sides of the business. Really? The newspaper Titanic is sinking fast and the journalism dinosaurs are ...
Related contentAP Technology NewsBrief at 4:13 p.m. EST
19 hours ago ago from FanHouse
Review: Barnes & Noble reader is dual-screen mess NEW YORK (AP) The e-book reading device is the gadget gift of the season. Both Sony and Barnes & Noble have sold out of their new models, and new buyers will have to wait until January for delivery. So why are e-book readers still such clumsy, annoying devices? I've been trying Barnes & Noble Inc.'s $259 Nook for a few days, and I'm not eager to prolong the acquaintance. Some of its problems ...
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