Recent Posts

Klimt Painting Stays in Austria After Panel Ruling

VIENNA, Austria – An Austrian arbitration panel ruled on Monday that a portrait by Gustav Klimt was not looted by the Nazis and does not have to be turned over to heirs of former owners. The three-man panel found that the picture “Amalie Zuckerkandl” was sold by its rightful owner …

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Leader of German Colony in Chile Convicted

SANTIAGO, Chile – The leader of a now-dismantled colony founded by German immigrants in southern Chile was convicted of sexually abusing 25 children and sentenced to 20 years in jail. Judge Hernan Gonzalez also sentenced Paul Schaefer, 84, on Wednesday to pay $1.43 million to 11 of the children whose …

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Subpoenas Issued in Stock Option Investigation

NASHVILLE, Tenn. – Pharmacy benefits manager Caremark Rx Inc. (CMX) said Thursday that it has received a federal grand jury subpoena for records about its stock options, a day after UnitedHealth Group Inc. (UNH) was subpoenaed on the same subject. Caremark also received what it called an “informal inquiry” from …

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