The hammer falls

Russell Wasendorf Sr., who earned the nickname “Midwest Madoff” for running a 20-year fraud from his Iowa brokerage, was sentenced to a whopping 50-year prison term yesterday — the most the judge could impose.“I feel I fully deserve whatever sentence I am given,” a noticeably withered Wasendorf told federal Judge Linda Reade.Few showed up to support the...

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Mompreneur jumps into the ‘Shark Tank’

It all started with a 4 a.m. email nearly a year ago: “Do you think a baby bib could change the world? I do...”Then Susie Taylor included a link to her website, bibbitec.com, and off it went to Shark Tank, the popular ABC television show where entrepreneurs pitch their companies to investors on the show — and by extension, 7 million viewers.Four months later, as the “mompreneur”...

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Limo rides for kids with cancer

Sometimes, we really do entertain angels unaware. Michael Fischer is one. Several years ago he came up with a way to bring a little hope to cancer-stricken children by providing limo rides for those whose parents didn't have a car, when it was time for then to take their cancer treatments. The idea is called Drops of Hope.Fischer, who not only is the founder of the organization,...

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RIM rebrands as BlackBerry; launches nifty new devices

NEW YORK (Reuters) – Research In Motion Ltd on Wednesday unveiled the long-delayed line of smartphones it hopes will put it on the comeback trail, but it disappointed investors by saying U.S. sales of its all-new BlackBerry 10 devices will not start until March, sending its share price tumbling 12 percent.Chief Executive Thorsten Heins also announced that RIM was abandoning the name it has used since...

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Josh Groban Talks Dating Katy Perry, Being Madly in Love with January Jones

Josh Groban isn't one to open up much about his personal life, but in a rare moment, the singer breaks his silence on high-profile exes Katy Perry and January Jones."We were madly in love," Groban tells Details magazine of Jones, whom he began dating in 2003 for a period of two-and-a-half years. "It was definitely my longest relationship."Unfortunately, the twosome couldn't make it work, but Groban...

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Chirping mad over A ‘Sac’ed $1M nest egg

Ronald Weiland realized he’d made a bad bet in 2008, when he lost his $1 million nest egg trading shares of drug company Elan. What he didn’t know then was that the cards were stacked against him.Weiland now believes that he and other investors were played by Steve Cohen’s SAC Capital Advisors when the hedge fund giant — acting on information from a former...

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Mompreneur jumps into the ‘Shark Tank’

It all started with a 4 a.m. email nearly a year ago: “Do you think a baby bib could change the world? I do...”Then Susie Taylor included a link to her website, bibbitec.com, and off it went to Shark Tank, the popular ABC television show where entrepreneurs pitch their companies to investors on the show — and by extension, 7 million viewers.Four months later, as the “mompreneur”...

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FBI raids West Palm Beach office of doctor tied to U.S. Sen. Bob Menendez

FBI agents late Tuesday night raided the West Palm Beach business of an eye doctor suspected of providing free trips and even underage Dominican Republic prostitutes to U.S. Sen. Bob Menendez, D-N.J. — who has denied what he calls the “fallacious allegations.”Agents gathered at the medical-office complex of Dr. Salomon Melgen, a contributor to Menendez and other prominent...

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New BlackBerry to Be ‘Most Comprehensive in Mobile History’

RIM is finally ready with its answer to Apple’s iPhone and the many Android smartphones. After months of delays, RIM CEO Thorsten Heins, along with others from the company, will take the stage Wednesday in New York to unveil the final version of BlackBerry 10, the next version of RIM’s phone software, and the phones that will run it.“We expect tomorrow to really be the kickoff for the introduction...

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Dance Off! Rocsi Challenges Ray Lewis

Baltimore Ravens linebacker Ray Lewis is gearing up for what is believed to be his final NFL game, but ET's Rocsi Diaz gave him the challenge of a lifetime during Super Bowl Media Day on Tuesday.Pics: Inside Beyonce's Super Bowl Rehearsals! The hall-of-fame-bound defensive captain is known for his intense pre-game dance used to energize teammates. After a quick tutorial from Lewis' teammate Damien...

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