Two-Minute Bio: Erik Prince

Though the reclusive Erik Prince stepped down as CEO of the private security company Blackwater in March, some explosive new headlines have put him back in the spotlight. According to a report in The Nation, an ex-Blackwater employee has alleged in federal testimony that Prince may have been involved in the murder of unnamed individuals assisting a federal investigation into Blackwater’s actions in Iraq and Afghanistan

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British Airways seeks emergency funding

Troubled British Airways plans to raise nearly a billion dollars of emergency cash funding as it tries to survive the current economic downturn, the airline said Friday. The news is an indication of bad times at BA, which is facing the threat of summer strikes by ground staff. Earlier this month, its pilots accepted a pay cut in exchange for the promise of shares to help the airline save money

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