Retired admiral to lead Columbia probe
Houston: Nasa on Sunday named a retired navy admiral who helped investigate the USS Cole terrorist bombing to lead an independent investigation of the space shuttle Columbia accident. All theories about what happened are being explored, officials said
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Maharishi-founded group under probe
Amsterdam: The Dutch Central Bank will investigate whether an organisation founded by Beatles guru Maharishi Mahesh Yogi has violated the law by issuing currency in the Netherlands, a bank spokesman said.
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McDonald's rating cut by Fitch, shares hit 8-yr low
New York: McDonald's Corp.'s debt ratings were cut one notch on Friday by Fitch Ratings, which said the world's largest fast-food chain's operating performance is weakening amid rising competition from Burger King Corp. and Wendy's International Inc.
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United Airlines' parent loses record $1.5 bn
Chicago: The parent company of United Airlines reported a worst-ever quarterly loss of $1.5 billion today, capping off a year of record losses that pushed it into bankruptcy protection in December.
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