Home » Archive for March, 2012

FTC Wants Net To Stop Invading Users’ Privacy

On Monday, the FTC officially put the user tracking and online advertising industry on notice. The regulatory agency told the industry it had to clean up and start respecting users’ data. It laid out a broad set of guidelines that companies must follow. However, the agency did stop short of announcing federal regulations for data collectors. Online companies have been protesting that regulation would help to kill the vibrant industry. The FTC report gives the Commerce Department’s report more... 

Jimmy Kimmel Will Host Emmys

The 64th annual Primetime Emmys will be hosted by Jimmy Kimmel. The show will air on ABC on September 23. It will be his first time hosting the Emmys. It is surprising since he has hosted for a number of awards shows such as the ESPN Espy Awards and the American Music Awards. Don Mischer will be the show’s executive producer for the 12th time, a record. He said via a statement that he loves television and looks forward to the ABC show and working with the Academy. He promised a fast-paced show... 

Unruly Air Travelers May Get Sued

New York air travelers that use one of the three main airports in the area may soon be paying for the cost of delaying flights for their unruly behavior. A spokesperson for the Port Authority of New York said that a number of planes have had to return to the gate because of passengers being disruptive. The spokesperson said they were looking into cutting down the amount of incidents that need police response and reduce the money airlines lose due to the incidents. The Port Authority plans to use... 

FedEx Settles Bias Case For $3 Million (NYSE: FDX)

A $3 million settlement has been reached between the United States Department of Labor and the ground delivery unit of FedEx to resolve allegations of discrimination within the company.  The Labor Department’s Office of Federal Contract Compliance Programs found evidence of discrimination in hiring on the basis of sex, race and national origin.  The office monitors employment practices at the nation’s 200,000 federal contractors.  These contractors employ nearly 25% of the nation’s work... 
Tags:

Raisins Could Help Blood Pressure

A recent study say that eating raisins appears to help keep away high blood pressure Eating a handful of raisins at three different times of the day was able to help people who had blood pressure that was slightly elevated. After a number of weeks of eating the dried fruit, the people were able to maintain their lower levels of blood pressure. The trial was randomized and the first formal way of measuring, the benefits of raisins on an individual’s blood pressure. The trial involved 46 participants... 

Hunger Games Wins BIG

Hunger Games took a huge bite of the box office worldwide in its debut weekend. The film took in an incredible $214 million worldwide. In the U.S. alone, the movie earned over $155 million. That take by the movie was even higher than the lofty estimates set by Hollywood analysts. The movie became the third-highest domestic opening movie of all time. Internationally the movie took in nearly $60 million from another 67 markets. Only last year’s Harry Potter finale and The Dark Knight, the Batman... 

Microsoft Take Zeus Down

Software giant Microsoft said its Digital Crimes Unit helped to takedown servers that were powering some of the worst operations of cybercrime today. The family of malware known as Zeus is responsible for a great deal of the online identity theft and fraud, said Microsoft officials. U.S. Marshals raided official buildings in Pennsylvania and Illinois on Friday. They were accompanied by investigators from Microsoft. Also supporting the raid were financial security firms such as Electronic Payments... 

Yahoo! Adds New Directors

Yahoo appointed three new independent directors as it nears a proxy fight with Daniel Loeb an activist investor. The three new directors are American Express’ chief marketing officer John D. Hayes, Peter Liquori, Discovery Communications former COO and Thomas J. McInerney, the retiring CFO of Inter ActiveCorp/IAC. The three will start as directors as of April 5. The announcement by Yahoo comes at a time when Third Point the hedge fund of Loeb’s has criticized the company’s strategy. The fund... 

Pope Heads To Cuba

Following the 1959 revolution, Cuba was declared by new leader Fidel Castro an atheist state. Pope Benedict XVI arrives in the Caribbean nation today. Today’s visit is 14 years after the first ever papal visit to the island nation. Since Pope John Paul II declared he would open the Americas last bastion of communist rule to Catholicism, Cuba has slowly started toward some new reform. Cuban dissidents hope the pope’s visit this week will help the Cuban government open up more to religious institutions.... 

Jobless Rate Remains Steady In California

The state of California’s unemployment rate remained steady in February at 10.9%. Employers added over 4,000 jobs during the month. Jobs are being added in coastal areas, but construction sectors and government hiring remain the largest drags on the employment ranks through the state. Communities in the inland area continue to have a high unemployment rate. The net increase in jobs for the month signaled a slow but steady growth pattern for the labor market. Even though there were gains, the unemployment... 

Anticlotting Drug Proves Beneficial But Has Risk

An experimental drug for anti-clotting from Merck & Co., vorapaxar, proved to be effective in preventing a heart attack in a major trial study. However, there was a risk of significant bleeding. Now Merck must decide whether or not to move ahead with the medication and seek Food and Drug Administration approval. The findings of the study were released on Saturday and the data identified a specific group of patients who could be protected against additional heart attacks with just a modest risk... 

Ohio State Punches Ticket To Final Four

The Ohio State Buckeyes are headed to the NCAA’s Final Four. They knocked number one seed Syracuse out with a 77-70 victory. The Buckeyes were led by Jared Sullinger who scored a game high 19. Ohio State played most of the first half of the game without Sullinger who got into early foul trouble. The Buckeyes kept the game close nonetheless, and were able to take the lead and hold it in the game’s final minutes. The Buckeyes also relied on some free throws down the stretch to secure the win. They... 

Officer In NYPD Fired For Shooting Death

A detective with the New York police department was fired over the shooting death of a 23 year old in 2006. Three officers also were forced to resign for the shooting that took place near a nightclub in the Queens, said authorities. Ray Kelly, the police commissioner accepted the PD’s administrative trial ruling. Three detectives, Marc Cooper, Michael Oliver and Gescard Isnora were acquitted of any criminal charges back in 2008. Nevertheless, the three plus three others faced an administrative... 

Tingo Offers Rebooks

Tingo, like Hotels.com and Expedia.com offers online hotel bookings. Where Tingo is different is it will rebook the reservation of a traveler if the room rate drops on their reservation. Travelers can set a minimum rate of savings, which usually starts at a low of $1. If the hotel room rate drops by that set amount, Tingo will make a change to the reservation and notify the traveler by email. The rate change can be made up to 24 hours prior to the traveler’s check-in. Tingo’s program of Money... 

To Cut Costs, Hewlett-Packard Merging Units (NYSE: HPQ)

Hewlett-Packard has announced that the company will merge its personal computer and printing divisions in an effort to cut costs.  R. Todd Bradley, who currently runs H.P.’s personal systems group, will run the new combined division.  Vyomesh I. Joshi, who runs H.P.’s imaging and printing group, will retire. The merger is expected to improve the company’s designs and help the company become more efficient as well.  It is H.P.’s desire to have PCs and printers designed so they work better... 

Housing Rental Program Being Tested By Bank Of America (NYSE: BAC)

Bank of America is allowing a small number of customers facing foreclosure to remain in their homes and rent the property instead under a new housing rental program being tested by the company.  The pilot program, called Mortgage to Lease, will be limited to specific areas of the country at first and if it is successful, the bank could expand it to more states.  Bank of America will not be asking for applicants or accepting volunteers for the pilot program. Under the program, about 1,000 homeowners... 

Kentucky Aims For the Final Four

Kentucky is back in the Elite Eight. The Wildcats withstood a tough game from the Indiana Hoosiers to advance 102-90. They will play for the South Region title on Sunday against the Baylor Bears who were victorious last night against Xavier 75-70. The Wildcats have only one goal in their mind. The NCAA national championship is all that matters. Coach John Calipari is aware that all Wildcats supporters and many NCAA fans in general expect a national championship. To their faithful anything less than... 

Senator Calling For Ban on Requesting Passwords

Senator Richard Blumenthal said he would introduce a bill that would make it illegal for companies to ask job seekers for their Facebook account passwords. The Democrat from Connecticut and the state’s former attorney general said these types of requests are unreasonable and an invasion of privacy. Blumenthal says the practice should be illegal as other employment practices such as polygraph tests are. He said he was troubled by practices that were spreading across the country. He said a potential... 

Variety On Sale

Variety, known to many as the bible of Hollywood is up for sale. It is one of the entertainment industry’s most respected and oldest sources of trusted information. Current owners Reed Business Information announced the trade paper would be sold. The company said they were selling the paper as part of their plan to divest all of its business magazines in the U.S. The company is focusing more on data services and with the sale of their other U.S. magazine, it was inevitable the Variety would finally... 

U.S. Nominates Jim Yong Kim For World Bank Presidency

The U.S. announced on Thursday that it was nominating Jim Yong Kim, a health policy expert, as the next World Bank president. The selection came as a surprise to many that do not know Kim. His nomination should win sufficient support to overcome the criticism that the position always goes to someone from the U.S. Kim was born in South Korea but is a naturalized U.S. citizen. He is a doctor and anthropologist and was once the head of the World Health Organizations department for HIV/AIDS. Currently... 

Pope Makes Visit To Mexico

Pope Benedict XVI started his trip to the New World Friday when he arrived in Mexico. He called on the region to end its violence and urged the leaders of Cuba to end their Marxist rule, saying that it no longer is reality. President Felipe Calderon and Mexican first lady Margarita Zavala welcomed the pope and then escorted him along the route from the airport. This is the pope’s first visit to Latin America. Calderon addressed the crowd from the airport tarmac saying, “Mexico stands today because... 

Louisville Beats Michigan State

The Louisville Cardinals behind the great play of Peyton Siva defeated the No. 1 seeded Michigan State Spartans Thursday night 57-44. The win propelled the Cardinals and their coach Rick Pitino into the Elite 8. Louisville played an impressive game from the start. They shot 46% in the early going from the perimeter. They stole the ball nine times during the game from Michigan State. Their defense held the Spartans to 28% from the field. The tenacious defense of the Cardinals took its toll on the... 

Heart Attack Test Close To Being Reality

Researchers said they are close to having a test that could help to predict if a patient is close to having a heart attack. The test uses a blood sample to determine if cells have sloughed off the walls of a damaged blood vessel. Wednesday their findings were published. Physicians are able to detect quite easily a heart attack that is in progress however, every year there are thousands of patients who pass a stress test and then suffer a heart attack just a few week later. The technique tracks a... 

Gay Cruise Sees Two Arrested

On the Caribbean island of Dominica, police entered a cruise ship and arrested two men from the U.S. The two men were from California and were passengers on the gay cruise. Local police said they boarded the ship because of reports of indecent exposure. Sex between two males is not legal in Dominica. The police announced that the two men had been arrested for buggery, as well. That term is the equivalent to sodomy in Dominica said authorities. The two men were identified as Dennis Mayer and John... 

Nike Revenues Jump

Nike has released better than expected results for their third quarter. The company cited a rise in demand for sporting goods in the United States. For the three-month term that ended February 29, Nike announced a 15% increase over the same quarter last year. Total sales for the quarter were $5.8 billion, beating estimates. For the same quarter, North America sales were up 17%. Net income increased by 7% to just over $560 million, as more was spent across North America on athletic gear. One measure... 
© 2010-2013 Zolmax.com, LLC.
Subscribe Subscribe