UPDATE 2-American Land Lease agrees to private equity buyout

BANGALORE, Dec 10 (Reuters) – American Land Lease Inc
, a real estate investment trust, said it agreed to be
acquired by private equity investment firm Green Courte
Partners LLC for $14.20 a share in cash – a 264 percent premium
to the stock’s closing price on Tuesday.

Perfume vials from Christ’s era unearthed in Israel

ROME (Reuters) – A team of Franciscan archaeologists digging in the biblical town of Magdala in what is now Israel say they have unearthed vials of perfume similar to those that may have been used by the woman said to have washed Jesus’ feet.

Nanotechnology plans seen falling short

CHICAGO (Reuters) – The current U.S. plan for the emerging field of nanotechnology lacks vision, fails to assess risk and leaves the industry vulnerable to public mistrust, a report by the National Research Council found.

China’s Exports Decline; How Bad Will Things Get?

China’s exports fell in November for the first time in more than six years, showing that China is hardly immune to the global economic crisis. According to the General Administration of Customs, exports fell 2.2% to $115 billion. My guest investor and blo

Peru sues Yale to get back ancient Incan artifacts

LIMA (Reuters) – Peru has filed a lawsuit against Yale University to recover relics taken nearly a century ago from the ancient Incan capital of Machu Picchu, the country’s top tourist spot, the American school said on Wednesday.

Chase offers $400,000 in Chicago factory sit-in

CHICAGO (Reuters) – JPMorgan Chase & Co offered $400,000 on Wednesday to help pay severance to laid-off workers occupying a Chicago factory, whose protest symbolizes resentment over the federal bailout of big banks while workers suffer.

Court hears 9/11 abuse case versus top aides

WASHINGTON (Reuters) – Supreme Court justices voiced concern on Wednesday about including top U.S. government officials in a lawsuit by a Pakistani man claiming abuse while imprisoned in New York after the September 11 attacks in 2001.

Many Americans turning to unconventional medicine

WASHINGTON (Reuters) – About four in 10 U.S. adults and one in nine children are turning to unconventional medical approaches for chronic pain and other health problems, health officials said on Wednesday.