BofA Says Libor Probe Draws U.S. Subpoenas on Submissions | Businessweek

Regulators have queried at least a dozen banks worldwide about their roles in setting Libor, the most widely used benchmark for interest rates, affecting more than $360 trillion in financial products. U.S. prosecutors are preparing to file charges later this year against traders from banks involved in a bid-rigging scheme to manipulate Libor, a person with knowledge of the case has said.

Read Article.

Last-Gasp Ways to Revive a Struggling Small Business | AllBusiness.com

Business bankruptcies swelled by more than half in the depths of the recent recession, a statistic that masks a world of heartache for the owners of businesses that didn’t make it. Many still struggle to hang on as the fledgling recovery strengthens. Some will survive, while others will be forced to close their doors, absent some last-minute miracle.

When your company faces an uphill battle that seems almost insurmountable, it can be hard to choose between reviving it and closing it for good. But if you follow these steps for small business CPR, you’ll at least know you did everything you could.

1. Find the Problem

Once-thriving businesses can fade away for a variety of reasons. Sometimes competitors take their customers. That’s what happened to U.S. automakers when foreign brands arrived. Other times, markets change but the business doesn’t. That’s what happened to buggy-whip manufacturers when people turned to cars.

Read More.

Fact or Fiction? You Must Drink 8 Glasses of Water Daily| Scientific American

Virtually every health-conscious person can quote the recommendation: Drink at least eight eight-ounce glasses of water per day. Other beverages—coffee, tea, soda, beer, even orange juice—don’t count. Watermelon? Not a chance.

There’s no denying that water is good for you, but does everyone really need to drink 64 ounces or more every day? According to Heinz Valtin, a retired professor of physiology from Dartmouth Medical School who specialized in kidney research and spent 45 years studying the biological system that keeps the water in our bodies in balance,

Read More.

Japanese Women Fall to No. 2 in Life Expectancy | LiveScience.com

credit: takayuki, shutterstock

photo credit: takayuki, Shutterstock

For the first time in more than 25 years, Japanese women are not considered to have the longest life expectancy across the globe, losing out to Hong Kong, according to Japan’s Ministry of Health, Labour and Welfare.

Japanese women’s life expectancy at birth dropped from 86.30 in 2010 to 85.90 in 2011, while men dipped from 79.55 in 2010 to 79.44 in 2011, according to the ministry of health. For Hong Kong, life expectancy at birth in 2011 for females was 86.7 years, while for males it was 80.5 years.

Read More.

Get More than Prescription Drugs | The Simple Dollar

Whenever people go to the doctor for an ailment, they often expect to walk out the door with a prescription in hand. Ideally, that prescription will help treat the problem.

Unfortunately, prescriptions aren’t always the magic answer you need.

Prescriptions often address symptoms, not the underlying cause. If you’re sick, they’ll get rid of some of the symptoms of the sickness, but they sometimes won’t treat what it is that actually is making you sick.

Prescriptions are often expensive. Some prescription drugs are reasonable. Others can cost you an arm and a leg.

Prescription drugs often come with side effects, some of them nasty. A few years ago, I was prescribed Bactrim for a severe sinus infection. Two days later, all of my skin turned bright red and I didn’t have enough energy to climb out of bed. The period when I was recovering from Bactrim left me bedridden, and since it was the start of winter, it ended up triggering the worst case of seasonal affective disorder I’ve ever had. The side effects of medications can really hit you hard.

Read More.

Chill.com Redesigns to Streamline Music Video Discovery | Rolling Stone.com

Six months after launching, Los Angeles-based startup Chill has redesigned to make it easier for its 19 million registered users to find online videos.

The social video discovery site taps directly into a user’s social graph through Facebook Connect. Then the user, known as a “curator,” can browse through their friends’ collections or discover new videos based on common themes and interests.

The new Chill homepage spotlights new themed verticals for videos like popular, funny, shocking or sexy. User voting, also newly implemented, will determine which videos get featured in each vertical. Chill hopes this facelift will also help artists like Enrique Iglesias reach their fans, as music videos will be filed under the jukebox vertical.

Read Article.

Chivalry on Sinking Ships Only a Myth, Researchers Find | Bloomberg

Crew members had the highest survival rates in shipwrecks, followed by captains and male passengers, according to the report today in the journal Proceedings of the National Academy of Sciences. The research found that women’s survival rate on 16 maritime disasters from 1852 to 2011 was half that of men’s, and children had the worst chance of getting off the boat alive.

Chivalry on Sinking Ships Only a Myth, Researchers Find – Bloomberg.