(Note at 12:10 p.m. ET: A 10th person has died, according to officials in Washoe County, Nev. We've updated the post to reflect that news.)
As investigators search for clues into the cause of Friday's deadly accident at a Reno air race, in which 10 people were killed and dozens more injured when a plane crashed into a V.I.P. tent, there are reports that some who were there think 74-year-old pilot Jimmy Leeward did his best to prevent an even worse tragedy.
Saying that "I messed up," Netflix CEO Reed Hastings announced late Sunday evening that after many complaints from its customers about a 60 percent increase in its fees, the company is splitting its services.
Soon, if you just want DVDs-by-mail, you'll be dealing with Qwikster (Hastings says the name "refers to quick delivery).
If you want to stream movies and other content, the company you'll be using will still be called Netflix.
Originally published on Mon September 19, 2011 11:37 am
Netflix has figured out that people are very upset about its decision to split streaming video and DVD delivery — a decision that got it in huge hot water earlier this year. Customers who had previously gotten both streaming and DVDs for a single price would now have to pay separately. If you only use one or the other, you could pay less, but if you still wanted both, you'd pay more.
While saying there was no violence involved in the May incident at a New York City hotel that led to his arrest on a sexual assault charge, former International Monetary Fund managing director Dominique Strauss-Kahn has admitted making a "grave moral mistake" during what he says was a consensual encounter with a maid.
Originally published on Mon September 19, 2011 6:51 am
Watching Sunday night's Emmy Awards was a little bit like going to the very bad wedding of people you really love: the happiness you feel for the people involved almost makes up for how otherwise unremarkable the experience is.
It's a critical period for Greece: It has to convince international lenders that it can slash its budget deficit before getting a vital $11 billion installment of last year's $150 billion bailout deal.
Prime Minister George Papandreou canceled a trip to the U.S. to hold an emergency Cabinet meeting Sunday on finding more cuts to plug this year's budget shortfall. Greece has blamed the shortfall on a deeper-than-expected recession — the unintended effect of a year and a half of draconian austerity measures.
European governments seem to be having a hard time deciding whether to come together or drift apart at a time of economic uncertainty.
Years from now, historians will no doubt say this was a crisis waiting to happen. The people who came up with the idea of a eurozone stopped halfway. The participating countries would use a common currency, but they wouldn't have common tax and spending policies — a monetary union but not a fiscal union.