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Ariel Castro Found Dead in Cell
Ariel Castro, the man convicted in August on charges of kidnapping and keeping imprisoned three women for up to ten years, was found hanged in an Ohio prison cell. Castro’s death was confirmed by the Rehabilitation and Correction... More of this article »
Lenovo CEO Shares Another Bonus with Employees
Yang Yuanqing, the CEO of Lenovo Group Ltd., the largest PC maker in the world, said he would share a minimum of $3 million of his personal bonus with his employees. This is the second consecutive year he has done this. Yuanqing received... More of this article »
Top Executives at HTC Arrested
Three design executives at HTC have been arrested for allegedly leaking company trade secrets. This has sent the Taiwan-based smartphone maker’s stock tumbling downward Monday as troubles deepen amidst a wave of departures from senior... More of this article »
Blueberries Help Lower Diabetes Risk
Eating extra fruit, in particular blueberries, grapes and apples has been linked to a lower risk for the development of type-2 diabetes, suggest a just concluded study. Blueberries lower the risk 26% compared to just 2% for three servings... More of this article »
I.B.M. Profit Surpasses Wall Street Expectations (NYSE: IBM)
I.B.M. has reported that its second-quarter operating earnings are higher than what Wall Street estimated for the quarter. However, revenue was down 3 percent, which fell below analysts’ forecasts. Net income for the company fell... More of this article »
Krispy Kreme Stock Falls on Earnings Report
Winston-Salem, North Carolina based Krispy Kreme Doughnuts has left its investors with a bad taste in their mouths. The doughnut company’s shares dropped sharply on Friday after the release of its fiscal second quarter earnings were... More of this article »
Labor Day Travel Predicted to be Higher
AAA has predicted that the highest number of travelers will hit the road since the recession and they will average 594 miles for a round trip this Labor Day weekend. AAA Travel predicts that over 34.1 million people living in the U.S.... More of this article »
New York Times Site Operating Again Following Cyberattack
Hackers from Syrian attacked the website of the The New York Times underscoring how vulnerable the media websites are as they become more and more complex by integrating more software and content from their vendors. On Wednesday, the... More of this article »
Mosques in New York City Deemed Terrorism Organizations
The New York Police Department labeled entire mosques in the city as organization of terrorism. This designation gave police the right to spy on imans, use informants to listen to and record sermons, often without the need of specific... More of this article »
Starbucks now in Whole Foods Stores
Starbucks is entering Whole Foods. The café company will not be opening new cafes inside Whole Foods, but will be selling its Evolution Fresh juice. Starbucks recently purchased the juice brand Evolution Fresh and they will now be... More of this article »
Australian Adam Scott Takes Barclays Title
Adam Scott, this year’s Masters champion, did not think after finishing his final round that his score was enough to win on Sunday in The Barclays tournament. Even his caddie had his golf clubs packed in his travel case. He thought... More of this article »
Lenovo Uses Startup for Return of Start Menu on Windows
Sales for Windows at Microsoft Corp have been besieged by the poor demand for personal computers. For five straight quarters, shipments for PCs have declined, which one online researcher predicts will show 2013 as the worst annual... More of this article »
Alzheimer’s Risk Could Increase from Red Meat
Researchers claim that eating large quantities of red meat could increase the risk of developing Alzheimer’s disease because it might increase the iron levels inside the brain. The study was performed on patients who suffer from... More of this article »
Suzuki Reaches 4,000 Hits for His Career
On Wednesday night, with the infield drawn in to protect against a bunt or slow grounder, Ichiro Suzuki hit a soft liner during the first inning for the 4,000th hit of his career. The hit was monumental but the game was not won until... More of this article »
Gunman carried AK-47 inside School
On Tuesday, the gunman who entered an elementary school in Georgia and opened fire was armed with a number of different weapons, including an AK-47, said police. The shooter entered the front office of the school and barricaded himself... More of this article »
Apple Guilty In E-Book Case (NASDAQ:AAPL)
A federal judge said the words of Steven P. Jobs helped persuade her that Apple had violated antitrust law. Apple had been accused of conspiring with publishers to raise prices of e-books. The ruling will probably not have an immediate... More of this article »
Samsung Phablet Pushes Smartphone Limits
At one time companies wanted to make the smallest mobile phone available, but times have changed. Samsung Electronics, based in South Korea, has pushed the boundaries on size for smartphones with its line of Galaxy Note and now has... More of this article »
JP Morgan in probe involving Chinese
Authorities in the U.S. are investigating JP Morgan the investment bank, over claims the bank hired the children of influential officials in China to earn more business. One claim by those involved in the case is the bank hired a son... More of this article »
UPS Crew told Plane was sinking fast
The pilots on board the United Parcel Service cargo plane that crashed last week were given a warning the plane was descending to quickly, just seconds prior to impact, said crash investigators. An alert in the cockpit announced, “sink... More of this article »
Dow has worst week of 2013
On Friday, stocks were slightly lower at closing after a session that was up and down. Friday’s session followed the sharp declines experienced on Thursday and capped the Dow’s worst week of 2013. On Friday, the Dow was down 0.2%,... More of this article »
Amber released by Nokia for its Lumia Range
Owners of Lumia devices, both low and high end, who want the newest apps for cameras, can start installing them today with a new Amber update. However, some will not receive the Amber update until late September. Nokia started today... More of this article »
Deere posts increase in Profits
On Wednesday, Deere & Co. announced that it’s fiscal third quarter profit was up by 26%, which beat Wall Street expectations. The company said it was in part due to strong sales enjoyed in its farm equipment in both North and... More of this article »
Roche Halts Development Of Diabetes Drug (OTCMKTS:RHHBY)
Roche has discontinued development of its new diabetes drug. The halting of the research could raise safety questions about the entire category of drugs, which includes blockbuster drug Avandia. Dr. Steven E. Nissen, the chairman of... More of this article »
Peruvian Authorities: Slain Rebels could be Shining Path Leaders
Security forces in Peru said they believe two of the four top leaders of the Shining Path group have been killed. The authorities said the rebel group leaders were killed during combat in the region of coca growing plantations in the... More of this article »
Dufner Walks Away with PGA Championship
Jason Dufner, following the completion of his win at Sunday’s PGA Championship, slumped into his chair in the media room. He had the brim of his cap down low, shoulders dropped, eyes droopy and a voice that remained on the same one... More of this article »
Authorities find Teen, while abductor Killed in Wilderness of Idaho
California teenage Hannah Anderson who had been missing was found safe in the state of Idaho, while the man who was suspected of abducting her James Lee DiMaggio was killed, said Sheriff’s officials from San Diego County. William... More of this article »
Blackberry Going Private Might Make Business Sense
A deal that would take Blackberry private might make business sense from a financial standpoint, said executives from private equity. However, any type of move would not alone make the maker of smartphones any more competitive. The... More of this article »
Slim Makes $9.6 Billion Unsolicited Offer
America Movil, on Friday unveiled a $9.6 billion unsolicited bid to purchase the majority stake in Dutch Royal KPN, that it does not already own. The bid possibly halts the proposed sale of the German unit of KPN and creates a European... More of this article »
MixBit Stitching App Launched by Founders of YouTube
The people who founded YouTube are taking on Instagram and Vine with their own video sharing and stitching app. The new app, MixBit, is free and debuted on Thursday. For users of iOS the app is available on the Apple’s App store,... More of this article »
Chinese Law Possibly Broken By GlaxoSmithKline Executives (NYSE:GSK)
GlaxoSmithKline has announced that some of its executives might have broken the law in China. The company is currently under investigation for a bribery and corruption scandal that has engulfed its China operations. Investigators say... More of this article »
Obama Cancels Putin Meeting over Snowden Tension
U.S. President Barack Obama has cancelled his meeting with Vladimir Putin the Russian President that was to be held next month in Moscow. The cancellation comes following the decision by the Russian president to grant Edward Snowden,... More of this article »
Charger Trade-in Started by Apple
Apple started a program worldwide to replace counterfeit and third party USB chargers. The initiative follows reports that a woman in China was electrocuted by a charger that was non-Apple. Apple announced it would swap the third party... More of this article »
Europe’s largest bank misses mark
The largest bank in Europe HSBC slid in trading in London following the release of its earnings that missed estimates of analysts. CEO Stuart Gulliver announced that the fast growing emerging markets for the banks are now starting... More of this article »
Obama Administration overturns Apple Patent Ban
The ban on selling the older models of Apple’s iPhone and iPad in the U.S. was overturned this weekend by the White House administration. The U.S. International Trade Commission, in June ruled that the Cupertino, California based... More of this article »
FDA Announces new Requirements for Gluten Free Food
On store shelves throughout the U.S., one can find Gluten free foods, but some could be in danger of losing that designation. The U.S. Food and Drug Administration has stepped in to define what requirements are needed for a food to... More of this article »
Motorola Rolls out Potential Smartphone Contender
Over the past four decades, since the first prototype cellphone was showed off by Motorola, the company has seen the likes of Samsung, Apple and other tech innovators surpass them in sales. Now, with its new owner Google, Motorola... More of this article »
J.C. Penney denies it has a Credit Squeeze
J.C. Penney attempted to assure its investors on Thursday that the company is not facing a credit squeeze, however two analysts have recommended that their clients sell the stock. Shares of the company’s stock were up during premarket... More of this article »
Prostitution Raid nets 159 Men
On Monday, the Federal Bureau of Investigation announced that an operation across the nation led to the arrests of 159 men over the past few days, charged with forcing at least 105 teenage girls to be prostitutes. Authorities said... More of this article »
Elan to be acquired by Perrigo
Perrigo Co, a maker of medicines sold over the counter and based in the United States, has agreed to purchase Elan Corp, an Irish drug maker for $8.6 billion in order to gain a lower tax base for its expansion internationally. Those... More of this article »
Coffee Drinking Linked to Lower Suicide Rates
A study, which recently concluded, was published online suggesting a link between the consumption of coffee and a reduced suicide rate. Harvard School of Public Health researchers reviewed the data of three large studies done in the... More of this article »
Jewel Thief Escapes from Swiss Prison
A Bosnian thief, a member of the notorious Pink Panther gang of thieves, is a gang’s third member to successfully escape a prison in Switzerland since May. The Pink Panther gang made up of members from the area are jewel thieves... More of this article »
Cruise Liner Fails Unexpected Health Inspection
The Center for Disease Control conducted a surprise health inspection on one of the world’s plushest cruise ships, which resulted in the ship receiving a failing grade. A report released by the Vessel Sanitation Program of the CDC... More of this article »
Durant and Love Commit to playing for Team USA
The two Kevins -Durant and Love – have delivered news that supporters of USA basketball have wanted to hear. The two announced they would both play in the 2014 FIBA World Cup basketball competition next summer in Spain. The... More of this article »
Apple Shares Soar as Profit Beats the Street
Apple, Inc shares soared on Wednesday after the tech giant posted profits that beat Wall Street analysts’ expectations. In early morning trading on Wednesday, shares on Wall Street were up over $19 an increase of more than 5%. During... More of this article »
Sony Smartphone Facing Difficulties In Japan (NYSE:SNE)
Sony is banking on smartphones to revive its electronics business, which is struggling. According to estimates, Sony’s Xperia Z smartphone has already sold almost a million units. Even though the phone just recently made its United... More of this article »
Nokia Shows Bigger Screen Lumia to the World
Nokia, the Finland based mobile phone manufacturer, has launched a new Lumia smartphone that has a bigger screen than its low-priced predecessor does. The launch took place on Tuesday aiming to lessen the gap between Nokia and Samsung,... More of this article »
Developer Portal at Apple Hacked
Apple, Inc, the Cupertino, California based tech giant has been forced to shut down its website for developers, after there was a security breach. The breach, said company officials, might have compromised the names, email addresses... More of this article »
FAA wants 787 inspections following Fire
The Federal Aviation Administration has called for airlines to inspect the emergency transmitters in every Boeing 787 Dreamliner after investigators in Britain traced a fire in a parked plane back to a transmitter. On Saturday, a proposal... More of this article »