New documents say that New York Police Department officers worked undercover to attend meetings of liberal groups. The intent of the police was to maintain intelligence files on different activists in the political organizations who were planning to hold protests across the country. The documents showed how police used tactics in counterterrorism to monitor activities that were lawful. These tactics are familiar to the ones used by NYPD leading up to the 2004 Republican National Convention in New... 

A new protein has been discovered that deals with hair-loss. The new discovery might bring new hope for those who are losing their hair. Researchers say drugs could possibly block the protein’s activity and provide substantial treatment for men with male pattern baldness. The new discovery will most likely only help those men who have started to lose their hair, not those who have existing male pattern baldness. The discovery was made by researchers after they carried out a number of tests on tissue... 

Zynga is the Facebook leader for games, but is not as popular with mobile games. The company wants a huge market presence in the mobile game industry. To help them accomplish that, they acquired Omgpop, the developer of Draw Something as well as over 35 other games. The purchase price was not disclosed by the two companies on Wednesday, but two other companies had been considering purchasing Omgpop for around $200 million, before Zynga beat them to it. Omgpop has been in existent since 2006, but... 

The Federal Aviation Administration said on Wednesday it feels that space tourism will exceed $1 billion within the next 10 years. The FAA’s director for the office of commercial space said the Obama Administration was preparing for the space tourism industry to grow over the next decade. Spaceships and rocket planes to carry space travelers beyond the earth’s atmosphere are being constructed and tested. The hope is that commercial flights will be available sometime between 2013 and 2014. “The... 

The Oklahoma City Thunder owns the NBA’s third best record in the league. On Wednesday, they added a veteran guard to their roster in hopes he would help bring a title to the team. Derek Fisher was traded last week to the Houston Rockets from the Los Angeles Lakers after playing 14 plus season with the Lakers. Houston subsequently released him when he said he would not report to the team. On Wednesday, after clearing waivers, he signed with the Thunder for the remainder of this season. Last night... 

A housing report released in February disappointed many, as sales on existing homes dipped last month. Economists were disappointed by the nearly 1% drop. The recent drop shows that even though the housing market’s bubble burst over five years ago, the road forward will be full of bumps. A number of analysts thought that due to mortgage rates being near all time lows and the improving job market; previously owned home sales would increase. The seasonally adjusted rate for annual sales was at 4.59... 

An earthquake measuring 7.4 hit Mexico just after noon local time on Tuesday. The epicenter of the quake was located in the state of Guerrero near the Pacific coast in the central region of the country. The earthquake is reported to have damaged over 800 homes in towns and cities close to the epicenter. The quake could be felt as far away as Mexico City, the country’s capital. It caused tall buildings in the capital to sway back and forth creating panic as office workers ran into the streets. This... 

Beats, a unit of HTC, will purchase MOG a music subscription service say people close to the deal. MOG has had discussions for quite some time with Beats and a deal between the two could become public within the next two weeks. A Beats spokesman would not comment on the discussion. In February, David Hyman the CEO of MOG denied his company was actively pursuing a buyer. Reports had come out that the company was having a difficult time competing in the music subscription business, which is highly... 

Statistics show that the average rate for hotel rooms in North America increased by 5% during 2011. The HPI is an annual survey of hotel room rates in major destinations around the world. It is based on bookings through hotels.com. The prices reported in the survey are the actual ones customers paid, not the advertised rates posted on the internet or in publications. Globally the prices of hotel room rates increased by 4% in 2011 on average. However, in North America those prices increased by over... 

Researchers from Stanford University have found that an easily accessible over the counter medication may aid with AMS – acute mountain sickness or altitude sickness. The study’s lead researcher, Dr. Grant Lipman says that a sufferer of mountain sickness feels like they have a bad hangover combined with fatigue, a headache, nausea, dizziness, vomiting and a poor appetite. The recent study was aimed at finding how to improve the problems that sufferers go through. Ibuprofen is a very common... 

A judge who currently is overseeing the conservatorship of Britney Spears’ has been asked to appoint a conservator for Zsa Zsa Gabor’s medical care and finances. A hearing was scheduled for May 2 by Judge Reva Goetz of the Los Angeles Superior Court to hear a request filed by Gabor’s daughter, Francesca Hilton. Gabor, born in Hungary, at one time was one of the most glamorous women in Hollywood. However, health problems over the last two years, including a leg amputation and broken hip have... 

Cisco Systems Inc. has announced that it is buying digital video technology company NDS Group Ltd. for about $4 billion and paying off $1 billion of debt owed by NDS.  NDS is based in the United Kingdom and is jointly owned by News Corp. and Permira, a private equity firm.  The boards of both companies have approved the deal. With the purchase, Cisco is acquiring NDS’ sites in Britain, Israel, France, India and China.  Cisco is also absorbing 5,000 NDS employees.  The deal expected to close... 

Cathay Pacific Airway’ LTD’s (OP: CPCAY) 2011 net profit dropped 61% due to the rising cost of fuel and softer demand for the company’s freight services. The company is also expecting continued weakness for the cargo operation for the year 2012. The company said on Wednesday that the net profit for the year 2011 was HK $5.5 billion which is down quite a lot from the net profit of HK $14.05 billion in 2010. This is also due in part though to a one-off gain of HK $3.03 billion that... 

Krispy Kreme Doughnuts Inc. (NYSE: KKD) was able to manage a fourth-quarter profit with stronger same-store sales as the company was able to post a substantial tax credit. Shares of the company rose by 5.2% ending at $8.93 in after-hours trading. This comes as the company posted the $139.6 million in net deferred taxes stating that it is probable that the company will continue to generate taxable income during much improved performance. As of the close on Tuesday the stock of the company was up by... 

Adobe Systems Inc. the world’s largest graphic design software maker has forecasted for lower than estimated profit as it increases spending for marketing and sales and adds a new subscription-pricing approach. Profit for the second quarter will be between 57 and 61 cents per share, excluding certain costs, said Adobe. Analysts had predicted 60 cents per share profit for the San Jose, California company. Adobe said its sales would come in between $1.09 and $1.14 billion. Analysts had estimated... 

Disney has announced it will lose millions of dollars on the Martian adventure movie John Carter. The film cost Disney nearly $350 million to produce and the company believes it could lose up to $200 million. When the movie was being produced, company executives hoped the movie would have a number of sequels. If Disney executives are correct with their predictions, then the movie could be one of the industry’s biggest busts’ of all time. Over its first two full weekends, the international income... 

A sheriff from San Francisco was given one day of jail and probation in a highly publicized spousal abuse case. Last week, Ross Mirkarimi pleaded guilty to falsely confining his wife. On Monday, he was sentenced to three years of probation and just one day of jail time. While apologizing outside the court he broke down in tears. The sentence was part of a plea agreement Mirkarimi and his lawyer made with prosecutors. The plea will allow him to maintain his job and gun. He was ordered to receive domestic... 

Fabrice Muamba, the 23-year old English international under-23 soccer star is finally breathing on his own. Muamba collapsed on the pitch on Saturday in a FA Cup match against English rival Tottenham Hotspur. Doctor’s said Muamba was now breathing independently without the help of medication or artificial breathing machines. He was also said to be talking with family and friends and moving his extremities. Muamba suffered cardiac arrest on the pitch during the first half of action. Paramedics rushed... 

Linux 3.3 has been launched by Linus Torvalds. Linux 3.3 is an updated version of the Linux kernel. This is an important update since it includes key components that merge from the Android Linux kernel. The thought is this will help to take the Google mobile system closer to alignment with the Linux ecosystem. Because of certain technical concerns, the maintainers of Linux have not wanted to accept some of the major changes of Google’s kernel. Several components, including ashmem and binder have... 

The online retail behemoth Amazon Inc. (NYSE: AMZN) announced Monday that the company would be buying Kiva Systems Inc. which is a developer of robots used operate shipping centers. The deal was stated to be $775 million in cash and the deal comes as Amazon continues heavy spending on facilities to bulk up the company’s own business. Amazon stated that the deal was expected to close in the second quarter of 2012. Kiva Systems technology has been used by the many retailers which includes Crate... 

Molycorp Inc. (NYSE: MCP) has just agreed to pay $1.3 billion to acquire Neo Material Technologies Inc. This will enable the mining company to gain much more exposure to China which is the largest rare earth consuming nation in the world. This cash and stock deal will result in a rare earth mining company that has over $1 billion in annual sales based on the company’s 2011 figures. This acquisition will severely broaden Molycorp’s product portfolio and will add to the company’s earnings... 

After the iPad 3 released last Friday Apple (NYSE: AAPL) has finally finished tallying up all of the sales numbers. A brief statement was released yesterday by the Apple CEO, Tim Cook who said that the company had what they believed to be a record weekend. This all came during a conference call with analysts in order to further discuss the company’s quarterly dividend and share buyback program. The statement regarding the sales figures stated that Apple sold a record 3 million units of the new... 

A recent study in the U.S. examined the link between pregnant women’s use of methamphetamines and behavior problems in their children. The first of its kind, the study found children of methamphetamine users have a higher risk of developing behavioral problems. Linda LaGasse the lead researcher said the behavioral differences included depression, moodiness and anxiety and were not huge, but very troublesome. Methamphetamine, like crack cocaine, is a stimulant and prior research has suggested that... 

Australian law enforcement officials captured an international model who is accused of heading a drug ring that had tentacles across the globe. The swimsuit model allegedly ran her drug ring from the confines of her Hollywood apartment. Simone Farrow, known by many as the former Ed Hardy bikini model, used close to 20 aliases while shipping methamphetamines across the globe via FedEx. She even used the U.S. Postal Service as a means of sending drugs, alleges the Australian police and the DEA. Farrow,... 

Starting in July, Apple Inc. will pay a regularly dividend each quarter of $2.65 per share. It will also buy back upwards of $10 billion of stock starting the company’s next fiscal year. Apple, the highest valued company in the world, announced its plans on Monday. The company said the plan for stock buyback would run for three years. The objective of the program is to offset the impact that will occur from equity grants and employee stock options. The annual yield for the dividend will be about...