Autonomy spurs questions on looming accounting overhaul

NEW YORK (Reuters) - The scandal at Autonomy, a UK software group bought last year by Hewlett-Packard Co, has some accountants wondering about the wisdom of new, global standards in the pipeline that would change how companies account for revenue. "Revenue recognition" is the most common type of corporate book-cooking. The Autonomy scandal, though still murky, allegedly involves a great...

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Player suspensions tossed out in bounty case

NEW ORLEANS (AP) — Four players embroiled for nearly 10 months in the NFL's bounty investigation of the New Orleans Saints no longer have to worry about suspensions or fines, and can try to move on with their careers on the field.Off the field, the fallout from the dispute could endure for some time, particularly in federal court.In a surprising rejection of his successor's overreaching punishments,...

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Publisher Bonnier, Flingo partner to make Smart TV Apps

NEW YORK (TheWrap.com) – Bonnier, the publisher of magazines like Savuer and Popular Science, and Flingo, the largest publisher of apps for Smart TVs, have partnered to create a series of apps extending Bonnier’s titles onto Internet-enabled TV sets and set-tops boxes like the Roku.Together, they will release a new app for each magazine, offering videos, images and archival content for fans. Savuer...

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DA investigating Texas' troubled $3B cancer agency

AUSTIN, Texas (AP) — Turmoil surrounding an unprecedented $3 billion cancer-fighting effort in Texas worsened Tuesday when its executive director offered his resignation and the state's chief public corruption prosecutor announced an investigation into the beleaguered agency.No specific criminal allegations are driving the latest probe into the Cancer Prevention and Research Institute of Texas, said...

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Indian sitar virtuoso Ravi Shankar dies at 92

NEW DELHI (AP) — With an instrument perplexing to most Westerners, Ravi Shankar helped connect the world through music. The sitar virtuoso hobnobbed with the Beatles, became a hippie musical icon and spearheaded the first rock benefit concert as he introduced traditional Indian ragas to Western audiences over nearly a century.From George Harrison to John Coltrane, from Yehudi Menuhin to David Crosby,...

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Chicago best housing market -- for buyers

A sign stands outside a house for sale in the 4400 block of North Mozart Avenue in Chicago. ...

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Pilot, 2 nurses killed in medical helicopter crash

A medical helicopter crashed Monday night on its way to a hospital in Mendota, killing the pilot and two nurses on board, officials...

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Massive HP conference draws 10,000 attendees to ogle products, speakers, presentations

By Suzy HansenMore than 10,000 customers, partners and attendees flocked to the Hewlett-Packard Discover conference in Frankfurt, Germany, this week to learn about HP's latest products, exchange ideas, swap business cards and basically examine whether HP can improve the way their companies are run. The event was held at Messe Frankfurt, one of the world's largest trade exhibition sites.CEO Meg Whitman...

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Brady throws 4 TDs, Patriots top Texans 42-14

FOXBOROUGH, Mass. (AP) — Just another game for the New England Patriots. Just a wire-to-wire domination of the team with the NFL's best record.So when their 42-14 Monday night rout of the Houston Texans was complete, there were few big smiles and no loud music in the Patriots locker room.They've been here before — many times."We've played in a countless number of big games," said guard Logan Mankins,...

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Luke Bryan cleans up at ACAs with 9 awards

Luke Bryan didn’t want the American Country Awards to end.He cleaned up during the fan-voted show, earning nine awards, including artist and album of the year. His smash hit “I Don’t Want This Night To End” was named single and music video of the year.Miranda Lambert took home the second most guitar trophies with three. Jason Aldean was named touring artist of the year. Carrie Underwood won female...

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