It marks the second year in a row of strong growth for an endowment that fell by $11 billion to $26 billion during the fiscal year that ended June 2009. The endowment grew to $27.6 billion in the 2010 fiscal year.Harvard Management Company President and CEO Jane Mendillo said active management of in

SAN FRANCISCO (AP) — Facebook is trying to evolve from an Internet hangout where people swing by to share tidbits, links and photos to a homestead decorated with the memories, dreams and diversions of its 800 million users.In what may be the boldest step yet in the company's seven-year history

SEOUL, Sept. 23 (Yonhap) -- The average age of chief executive officers in South Korea rose slightly this year from one year ago, a report showed Friday. But the average age of Samsung Group, South Korea's largest family-controlled industrial group and parent of Samsung Electronics Co., fell on the

SEOUL, Sept. 23 (Yonhap) -- South Korea's foreign minister plans to call on his Japanese counterpart this week to accept a proposal by Seoul to hold talks on the issue of compensation for Korean women forced into sexual slavery for Japan's World War II soldiers, a Seoul official said Friday. Foreign

SEOUL, Sept. 23 (Yonhap) -- Finance chiefs of the leading 20 countries have agreed to intensify cooperation to tackle the global economic crisis, stemming from deepening anxiety over fiscal soundness and stagnant economic recovery in Europe and other major advanced countries.The leaders promised to

BEIJING (AP) _ A Chinese man has been detained on suspicion of keeping six women in secret underground rooms as his sex slaves for two years and killing two of them, a state-owned newspaper reported Friday.The Southern Metropolis Daily said that over the past two years, the man, Li Hao, allegedly ki

SEOUL, Sept. 23 (Yonhap) -- South Korea's state-run power company said Friday it seeks to introduce a new bill to regulate power consumption during emergencies following widespread blackouts that affected homes and businesses across the country last week. South Korea reported a nationwide power outa

SEOUL, Sept. 23 (Yonhap) -- Prosecutors on Friday raided seven savings banks whose operations were suspended last week due to large debts and insufficient capital in search of possible irregularities by the executives and large shareholders of the banks.Scores of prosecutors and police investigators

SEOUL, Sept. 23 (Yonhap) -- The head of one of the nation's seven savings banks whose operations were suspended due to capital shortages last week was found dead in an apparent suicide Friday, police said.Jeong Gu-haeng, 50-year-old president of Seoul's Jeil 2 Savings Bank, appears to have jumped fr

Arnold Schwarzenegger is writing his memoirs with the title "Total Recall," the actor-turned-politician's publisher said Thursday, but it is unclear if it will cover his recent marital troubles.The book, subtitled "My Unbelievably True Life Story," presents "a larger-than-life portrait of his illust

SEOUL, Sept. 23 (Yonhap) -- The number of abortions performed in South Korea has decreased sharply over the past three years, as married women got fewer abortions, the country's health ministry said Friday.According to the ministry, the number of abortions performed on every 1,000 fertile women reac

MEAUX, France, Sept 22, 2011 (AFP) -A French police court on Thursday issued its first fines against two women charged with wearing the full-face covering Islamic niqab.Police have issued several on-the-spot fines since the ban came into effect in April but these are the first court-issued fines, wi

WASHINGTON, Sept. 22 (Yonhap) -- The U.S. Senate, led by Democrats, voted Thursday to approve the renewal of a worker training program, raising hopes of the ratification of free trade pacts with South Korea, Colombia and Panama.President Barack Obama's push for extending the Trade Adjustment Assista

SAN FRANCISCO (AP) _ Hewlett-Packard has named Meg Whitman, the former eBay CEO and California candidate for governor, as its new CEO, pushing aside Leo Apotheker after just 11 months on the job. Whitman got the top spot because there are few available people with the experience to run complex techn

SEATTLE, Sept. 22 (Yonhap) -- South Korean President Lee Myung-bak arrived in Seattle on Thursday on his way home from New York, where he attended this year's session of the U.N. General Assembly and a high-level meeting on nuclear safety.Later Thursday, Lee was to hold talks with Washington State G

SEOUL, Sept. 23 (Yonhap) -- North Korea and the United States will resume talks next month on recovering the remains of American troops killed during the 1950-53 Korean War, a South Korean official said Friday.The move will follow a series of recent diplomatic efforts by South Korea and the U.S. to

SEOUL, Sept. 23 (Yonhap) -- South Korea is pushing for the development of its own version of advanced Patriot missiles to counter North Korean ballistic missiles, military sources said Friday.Multiple sources said the state-run Defense Agency for Technology and Quality (DATQ) will complete by the en

CAPE CANAVERAL, Florida (AP) _ A dead 6-ton satellite is getting closer and closer, and is expected to smack down on Earth on Friday.NASA's old research satellite is expected to come crashing down through the atmosphere Friday afternoon, Eastern Time. The spacecraft will not be passing over North Am

NEW YORK (AP) — The developer of an Islamic cultural center near the site of the terrorist attacks that leveled the World Trade Center says the biggest error on the project was not involving the families of 9/11 victims from the start."We made incredible mistakes," Sharif El-Gamal told The Ass

Apple plans to unveil its next generation iPhone next month, technology blog AllThingsD said Wednesday.AllThingsD cautioned that Apple could "change its plans anytime," but said the present plan calls for Apple's new chief executive Tim Cook to preside over the launch of the iPhone 5 on October 4. I