How a big US bank laundered billions from Mexico's murderous drug gangs

As the violence spread, billions of dollars of cartel cash began to seep into the global financial system. But a special investigation by the Observer reveals how the increasingly frantic warnings of one London whistleblower were ignored.

During a 22-month investigation by agents from the US Drug Enforcement Administration, the

Internal Revenue Service and others, it emerged that the cocaine smugglers had bought the plane with money they had laundered through one of the biggest banks in the United States: Wachovia, now part of the giant Wells Fargo.

YouTube Recasts for New Viewers

Google Plans to Organize Site Around 'Channels,' Fund Original Content as TV and Web Converge

Read more: http://online.wsj.com/article/SB10001424052748704013604576247060940913104.html#ixzz1IrgpMzw4

Google Inc. is working on a major overhaul of YouTube as it tries to position itself for the rise of televisions that let people watch online video in their living rooms, according to people familiar with the matter.
YouTube is looking to compete with broadcast and cable television, some of these people said, a goal that requires it to entice users to stay on the website longer, and to convince advertisers that it will reach desirable consumers.

Read more: http://online.wsj.com/article/SB10001424052748704013604576247060940913104.html#ixzz1IrhEHxwc

Japan Earthquake 2011: Magnitude 7.4 Temblor Causes Tsunami Warning

Japan's meteorological agency says it has lifted a tsunami warning for the northeastern coast 90 minutes after a 7.4-magnitude earthquake struck.

offshore.
The quake hit about 11:30 p.m. Thursday Japan time. It has rattled nerves nearly a month after the devastating earthquake and tsunami that flattened the northeastern coast.