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The Two-Way
3:31 pm
Fri March 15, 2013

Record $614 Million In Penalties Levied As Insider Trading Cases Are Settled

Connecticut-based hedge fund CR Intrinsic Investors "has agreed to pay more than $600 million to settle SEC charges that it participated in an insider trading scheme involving a clinical trial for an Alzheimer's drug," the Securities and Exchange Commission announced Friday.

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Asia
3:23 pm
Fri March 15, 2013

From Police Chief To Political Office, Jobs Are For Sale In China

The 12th National People's Congress holds the election for its new president at the Great Hall of the People in Beijing on Thursday.
Wang Zhao AFP/Getty Images

Originally published on Fri March 15, 2013 10:15 pm

China's new president, Xi Jinping, who was formally elected Thursday, is already engaged in his own anti-corruption campaign, threatening to go after the key players — the tigers as well as the flies.

Confronting the issue is a matter of political self-interest and survival for China's new leaders. The problem is how to root out corrupt officials when so many are quite literally invested in the system.

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The Two-Way
3:03 pm
Fri March 15, 2013

VIDEO: See Comet Pan-STARRS Dragging Its Tail Through Space

Comet PanSTARRS, as viewed by NASA's orbiting STEREO (Solar TErrestrial RElations Observatory).
NASA

Comet Pan-STARRS is putting on a bit of a show for those in the Northern Hemisphere through the end of this month. We're seeing some beautiful photos, such as those taken this week by AFP/Getty's Stan Honda. He pointed his camera skyward near Magdalena, N.M.

The best viewing came earlier this week, but Forbes writes that if you're in the Northern Hemisphere you're not too late to see Pan-STARRS. It offers some tips:

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The Two-Way
2:59 pm
Fri March 15, 2013

Runway Scare: Driverless Van Crosses Path Of Passenger Jet At Toronto Airport

A van that had been left running and in gear crossed an active runway at Toronto's Pearson International Airport, seen here in a 2012 photo. The incident, which occurred late Monday, is under investigation.
Bruce Bennett Getty Images

Canadian officials are investigating an incident in which a driverless van traveled across the runway at Toronto's Pearson International Airport, at the same time an Air Canada flight was landing late Monday night. After the plane's pilots reportedly ignored commands to pull up, the jet "narrowly missed" the van, investigators say.

From the CBC:

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The Two-Way
2:57 pm
Fri March 15, 2013

With General Assembly Approval, Maryland Poised To Repeal Death Penalty

With a vote today in the House of Delegates, Maryland's General Assembly has approved a bill that abolishes the death penalty in the state.

If signed into law by Gov. Martin O'Malley, which is expected, Maryland will become the 18th state to end capital punishment.

The Baltimore Sun reports:

"The 82-56 vote came after an impassioned debate. The legislation cleared the state Senate last week 27-20.

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