Business

Three Camden, N.J. boys who had been missing since Wednesday June 22, were found dead by the father of one of the three in the trunk of a car. The car was located in the same yard where the boys were last seen. The 2-day search for them by their parents, police and volunteers took place in the Cramer Hill section of Camden, the city located across the Delaware River from Philadelphia. Several square miles of land around the Agosto home and even the river banks of the Delaware were searched for the three boys: Anibal "Juni" Cruz, 11; Daniel

Yahoo! (NASDAQ: YHOO) closed all of its user-created chat rooms due to controversy over sexually explicit channels aimed at minors. After a Houston, Texas television station KPRC reported on chat room names such as "Girls 13 And Under For Older Guys" and "Girls 13 And Up For Much Older Men" that were aimed at sex with children, the publicly held business Yahoo! was compelled to act by shutting down all chat rooms created by users and stopped the ability to create new user chat rooms. Online chat rooms created by the company itself are still in

Phumzile Mlambo-Ngcuka was sworn in as deputy president of South Africa Thursday becoming the first woman ever to hold that position. Other Cabinet members applauded as she was sworn in to office in Cape Town. Her appointment comes after former deputy president Jacob Zuma was sacked after being accused of corruption relating to a bribery scandal. She stated that she will perform much the same function as Zuma, namely "looking after the second economy", HIV/AIDS issue, and other assignments President Thabo Mbeki give her. "I will be looking aft

The African Union has rejected Western calls for action in Zimbabwe, with South African spokesman Bheki Khumalo saying he is 'irritated' by UK foreign secretary Jack Straw's demands. He told the BBC: "South Africa refuses to accept the notion that because suddenly we're going to a G8 summit, we must be reminded that we must look good and appease the G8 leaders. We will do things because we believe they are correct and right." The leaders have said that Zimbabwe's actions, which have made an estimated 200,000 homeless, destroyed businesses and

Zimbabwean President Mugabe's Operation Murambatsvina ("Drive out rubbish") has seen at least 200,000 people made homeless in Zimbabwe as the government bulldozes "illegal" homes, buildings and markets. The opposition has said the operation is designed to "punish" those who object to Mugabe's government. Two children under the age of two have been killed, the first deaths reported so far in the actions which have been taking place for a month now. International pressure is building on Zimbabwe to stop. British Foreign Minister Jack Straw ha

Greek workers' unions claim that 70 to 100% of country's workforce has joined the general 24 hour long strike on Friday. The general strike was called by labor umbrella organizations as a show of support for striking bank employees, who are in their third week of strikes. Private and public sector workers alike are protesting mass lay-offs, alleged age discrimination against employees, the lowering of pensions to 40% of former salary, the repudiation of collective bargaining agreements, while voicing support for the retention of the eight-hou

MasterCard International announced Friday that multiple instances of fraud have been tracked back to CardSystems Solutions, Inc., a company that processes credit card transactions and other payments. Customer names, banks, and account numbers of up to 40 million cardholders have been exposed, of which about 13.9 million are MasterCard-branded cards, the company said. Visa and American Express cards were also affected. "The breach appears to be the largest yet involving financial data," said David Sobel, of the Electronic Privacy Information Ce

The former CEO of Tyco International, Dennis Kozlowski, as well as CFO Mark Swartz are convicted of taking more than $600 million from the company. Charges include grand larceny, securities fraud, conspiracy, and falsifying business records. The first trial ended in a mistrial after one juror received a threatening letter. Nancy Salomon says of the second trial that the "Defense was counting on the jury not reaching a verdict; they had used their challenges during the jury selection process to kick almost every potential juror who had a colleg

The Never Again youth forum on genocide prevention ended in Kigali, Rwanda with young people from the Great Lakes region and other countries making a string of recommendations for the prevention of genocide. Following the visit by the World Bank President Paul Wolfowitz, during which he promised to give the Never Again network his "moral support" and asked members about their views on what African youth needed, the network will send its ideas to the consultation for civil society on the U.N. High Level Panel to be discussed in September, which

Paul Rusesabagina, the real-life hero portrayed in the film "Hotel Rwanda", visited Atlanta, Ga. and Washington, D.C. this week to address American students and business leaders at schools and conferences centers. His appearances coincide with World Refugee Day events in Washington. At Sleepy Hollow Elementary School in the Falls Church section of Fairfax County, he spoke to elementary school students who had learned about his accomplishments in the weeks prior to his appearance. "I thought I was doing the right thing," Rusesabagina said. "Y

The United States trade deficit increased to its highest level yet: $195.1 billion (£161 billion) in the first quarter of 2005, according to preliminary U.S. Commerce Department figures. The figure represents the sum of money flowing into the United States by selling exports subtracted from the amount of money leaving the United States from import purchases. The last quarter of 2004 saw a deficit of $188.4 billion. The new record-breaking deficit represents 6.4 percent of the US's gross national product, again an increase on last-quarter 2004

The president of the World Bank, Paul Wolfowitz, has addressed a global youth forum on genocide in Kigali, Rwanda, today, as part of a visit to four African countries this week. Speaking on genocide, he said: "people say 'never again' too easily, It's happening today in Sudan. We all share responsibility to actually do things. The conditions of preventing genocide lie partly in helping people to have a better life. It's easier to incite people that have nothing to lose." Asked why the international community ignored past genocide, Wolfowitz s