Rio Tinto to Book $14 Billion Charge; C.E.O. Steps Down - NYTimes.com

Rio Tinto to Book $14 Billion Charge; C.E.O. Steps Down - NYTimes.com: "5:42 a.m. | Updated

LONDON — Two expensive acquisitions have come at a steep price for Rio Tinto, the Anglo-Australian mining giant.

The company, the world’s second-largest mining company after BHP Billiton, said on Thursday that it was taking a $14 billion write-down on the value of aluminum and coal mining assets — a huge amount that came as a surprise to some analysts and investors."

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FAA Relied on Boeing-Generated Battery Data - WSJ.com

FAA Relied on Boeing-Generated Battery Data - WSJ.com: "By ANDY PASZTOR And JON OSTROWER

In approving Boeing Co.'s BA +1.24% 787 Deamliner to start carrying passengers in 2011, the Federal Aviation Administration relied extensively on data generated by Boeing that indicated the plane's advanced lithium-ion battery systems—never used before on a big jetliner—featured redundant safeguards that were essentially foolproof."

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Some hostages are reported killed in Algerian operation - The Washington Post

Some hostages are reported killed in Algerian operation - The Washington Post: "By Anthony Faiola, Updated: Thursday, January 17, 7:39 PM

LONDON — The Algerian government on Thursday staged a high-stakes military assault against Islamist militants to free scores of hostages, including Americans, at an international gas complex in the Sahara, with official accounts suggesting a tragedy had unfolded in the desert."

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NBC News - Google+ - Some hostages who escaped Islamist militants at Algeria gas…

NBC News - Google+ - Some hostages who escaped Islamist militants at Algeria gas…: "Some hostages who escaped Islamist militants at Algeria gas plant due in London

Western hostages being held by Islamist militants at a gas plant in Algeria were feared to have been killed during a raid by Algerian forces Thursday. At least some hostages, however, reportedly escaped."



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