Authorities in New Jersey indict man in $880M Ponzi scheme

Authorities in New Jersey indict man in $880M Ponzi schemeAuthorities in New Jersey have said that a Florida man was indicted Wednesday in an alleged $880 million Ponzi scheme tied to a phantom grocery distribution business.

U. S. Attorney Paul J. Fishman said in a release that Nevin Shapiro, 41, of Miami Beach, Fla., the former owner and chief executive officer of Capitol Investments USA Inc., is accused of soliciting hundreds of millions of dollars from people in New Jersey and elsewhere who thought they were investing in his wholesale grocery distribution enterprise.

Head of Spirit Airlines calls for no airline tax fees

Head of Spirit Airlines calls for no airline tax feesThe head of U. S. carrier Spirit Airlines Inc. has said that luggage is "not essential" to travel, so paying $45 to place carry-ons overhead helps bag-free people fly.

Chief Executive Officer Ben Baldanza told the U. S. House Transportation Committee on Wednesday, "We are certain that Spirit's decision to unbundle services not essential to the transportation of passengers has enabled more passengers to fly at lower cost. Indeed, given our low fares, it has allowed many to travel who otherwise simply could not afford to do so."

US Tech layoffs still on, though slow by 70 percent

US Tech layoffs still on, though slow by 70 percentAn outpla

Men with initial prostate-specific antigen of 10 or higher mostly die of prostate cancer

Men with initial prostate-specific antigen of 10 or higher mostly die of prostate cancerU. S. researchers have suggested that men with an initial prostate-specific antigen of 10 or higher were 11 times more likely to die of prostate cancer.

Their findings support routine, early PSA screening for healthy men, researchers at Duke University Medical Center in Durham, N. C., have said.

Memory capacity, practice essential for learning music skills

Memory capacity, practice essential for learning music skillsU. S. researchers say memory capacity may also help in significant way to student musicians.

It has been reported that researchers Elizabeth Meinz of Southern Illinois University in Edwardsville and David Hambrick of Michigan State University in East Lansing find the amount of time a person spends practicing explains about 45 percent of the variance in sight-reading skill. However, they say working memory capacity is also important.

Experts talk in favor of raw milk

Experts talk in favor of raw milkAccording to the reports, raw milk gets a raw deal from health and agricultural officials, say proponents who contend its benefits outweigh the risk of drinking unpasteurized milk.

According to Sally Fallon Morell, president of the Weston A. Price Foundation in Washington and founder of "A Campaign for Real Milk," most investigations blaming raw milk for making people sick "are highly biased and never proved raw milk actually caused the illnesses." She says that other foods such as chicken and seafood pose a much greater danger.

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