DealBook: New Breed of SAC Capital Hire Is at Center of Insider Trading Case

When Mathew Martoma walked onto the trading floor at SAC Capital Advisors six years ago, he represented a new breed of employee at the giant hedge fund.Steven A. Cohen, SAC’s billionaire founder, had burnished his reputation as a market wizard by surrounding himself with hard-charging traders — many of them former college jocks and frat boys who thrived in the fund’s competitive, testosterone-fueled...

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The New Old Age Blog: Turning a Home Into a Hospital

At age 96, my mother moved to New York City to live with me and my family in our two-bedroom Manhattan apartment after becoming increasingly isolated while living alone in Florida. She moved into my sons’ bedroom surrounded by all manner of adolescent paraphernalia, including every style of trendy sneakers, a giant papier-mâché statue of Michael Jordan and a poster of Bob Marley.Three years later,...

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The New Old Age Blog: Turning a Home Into a Hospital

At age 96, my mother moved to New York City to live with me and my family in our two-bedroom Manhattan apartment after becoming increasingly isolated while living alone in Florida. She moved into my sons’ bedroom surrounded by all manner of adolescent paraphernalia, including every style of trendy sneakers, a giant papier-mâché statue of Michael Jordan and a poster of Bob Marley.Three years later,...

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Gadgetwise Blog: A Phone Cradle for More GPS Power

Magellan may be best known for its dashboard GPS navigation products, particularly its oversize offerings like the Magellan RoadMate 9250T–LMB with its 7-inch screen.But now it is making a product that helps bring a small screen to your dashboard, a GPS car kit that adds a more powerful antenna, speaker and charging for an iPhone 3GS, 4 and 4S, as well as the third- and fourth-generation iPod Touch.The...

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As Rebels Gain, Congo Again Slips Into Chaos

GOMA, Democratic Republic of Congo — The lights are out in most of Goma. There is little water. The prison is an empty, garbage-strewn wasteland with its rusty front gate swinging wide open and a three-foot hole punched through the back wall, letting loose 1,200 killers, rapists, rogue soldiers and other criminals. Now, rebel fighters are going house to house arresting people, many of whom...

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Lobbying, a Windfall and a Leader’s Family

Gilles Sabrie for The New York TimesPing An, one of China’s largest financial services companies, is building a 115-story office tower in Shenzhen. The company is a $50 billion powerhouse now worth more than A.I.G., MetLife or Prudential. SHENZHEN, China — The head of a financially troubled insurer was pushing Chinese officials to relax rules that required breaking up the company in the aftermath...

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Indian Prostitutes’ New Autonomy Imperils AIDS Fight

Kuni Takahashi for The New York TimesSex workers in Mumbai’s long-established red-light district, where brothels are dwindling. MUMBAI, India — Millions once bought sex in the narrow alleys of Kamathipura, a vast red-light district here. But prostitutes with inexpensive mobile phones are luring customers elsewhere, and that is endangering the astonishing progress India has made against AIDS. ...

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Indian Prostitutes’ New Autonomy Imperils AIDS Fight

Kuni Takahashi for The New York TimesSex workers in Mumbai’s long-established red-light district, where brothels are dwindling. MUMBAI, India — Millions once bought sex in the narrow alleys of Kamathipura, a vast red-light district here. But prostitutes with inexpensive mobile phones are luring customers elsewhere, and that is endangering the astonishing progress India has made against AIDS. ...

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Indian Prostitutes’ New Autonomy Imperils AIDS Fight

Kuni Takahashi for The New York TimesSex workers in Mumbai’s long-established red-light district, where brothels are dwindling. MUMBAI, India — Millions once bought sex in the narrow alleys of Kamathipura, a vast red-light district here. But prostitutes with inexpensive mobile phones are luring customers elsewhere, and that is endangering the astonishing progress India has made against AIDS. ...

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White House Presses for Drone Rule Book

WASHINGTON — Facing the possibility that President Obama might not win a second term, his administration accelerated work in the weeks before the election to develop explicit rules for the targeted killing of terrorists by unmanned drones, so that a new president would inherit clear standards and procedures, according to two administration officials. The matter may have lost some urgency...

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