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China expected to pass U.S. as biggest Superpower
A new survey by the Pew Research Center of more than 38,000 people across 39 countries found that the majority belief China is on its way to surpassing the U.S. as the world’s top superpower. In just six of the 39 countries did a... More of this article »
Barnes & Noble Ceases Manufacture Of Color Nook Versions (NYSE:BKS)
Barnes & Noble reported a big loss at its Nook e-reader division for the fourth quarter. The loss in the division dragged down the company’s fourth-quarter results. As a result, Barnes & Noble will no longer make its own... More of this article »
Coca-Cola Income Falls
Coca-Cola Co. announced that its profit had fallen by 4% during the last quarter, which was the second consecutive quarter profit dropped, as sales were hit by weakness in the economy in Europe and China, shifting tastes buds in the... More of this article »
AT&T Offering Option for No Contract
AT&T will start offering its wireless customers an option to not sign contracts and receive more upgrades if they are willing to pay the full price for a smartphone. This allows the carrier to cuts its cost of subsidizing smartphones,... More of this article »
Microsoft Slashing Pricing on Tablets
Microsoft announced it would slash the prices of all its Surface RT tablets because sales have fallen. Each model of the RT tablet will have a discount of $150 as Microsoft attempts to bring in more customer in the increasingly competitive... More of this article »
India Ends Telegram Service
After more than 162 years, the telegram service inside India was stopped. Thousands of people from India jammed into the telegram offices Sunday to send one last souvenir message to family or friends before the service was discontinued. Sunday... More of this article »
Earnings Forecast Cut by UPS for 2013
The biggest package delivery company in the world, the United Parcel Service Inc lowered its 2013 forecast for earnings, saying the U.S. economy slowdown has hurt its revenue and profit for the second quarter. After the announcement... More of this article »
Nokia Launches Lumia 1020
Nokia has launched its new 41-megapixel Lumia 1020 cameraphone operating on the operating system Windows Phone. Nokia’s newest handset places a great deal of emphasis on its photographic capabilities, as it has a second-generation... More of this article »
Ex-Police officer testifies in his Murder Trial
As he wiped tears from his eyes and sweat from his brow, a former police officer from Albuquerque, who is accused of murdering his wife, testified on the witness stand. He offered an emotional testimony in his trial that has been marked... More of this article »
Blackberry CEO Admits to Flaws in U.S. Release of Phones
Thorsten Heins, the CEO and President of Blackberry, on Tuesday acknowledged that the businesses new line of smartphones, which originally were promoted by Heins as something that would revive the brand, had a U.S. release that was... More of this article »
Disney Revamps Classic Beach Movie For New Audience (NYSE:DIS)
Disney Channel has decided to gamble on a movie genre that used to be popular when your grandparents were kids. Next month, Disney’s young viewers will be introduced to the beach party film. Beach party films, like “Beach Blanket... More of this article »
CEO at Barnes & Noble Resigns
The CEO at Barnes & Noble, the U.S. chain of bookstores, resigned amidst negative sales figures of the chain’s Nook tablets and other electronic devices. William Lynch’s resignation comes only days after the bookstore chain... More of this article »
Murray now looks to earn more Slam titles
On Sunday, Andy Murray became the first man from Britain to win the men’s Wimbledon singles title in 77 years. In the final, he took apart Novak Djokovic the No. 1 player in the world. He won the U.S. Open last year as well and a... More of this article »
Seconds Prior to Crashing, Passengers aware they were too low
Flight 214 on Asiana Airlines was only seconds away from touchdown when passengers were able to sense something was dangerously amiss. The plane was on its approach to San Francisco Airport under a clear sky, but was too low. One passenger... More of this article »
Even With New Release, BlackBerry Posts Loss (NASDAQ:BBRY)
Despite the release of a highly anticipated new line of phones, BlackBerry posted another loss for the latest quarter. In the first full quarter of sales after the release of new models, BlackBerry reported that it shipped 6.8 million... More of this article »
Newsreader Reportedly Being Developed By Facebook (NASDAQ: FB)
Facebook, the world’s largest social network, has announced plans to develop a new mobile device that will highlight and showcase news from Facebook users and media organizations. The device is designed to offer news items that a... More of this article »
Howard Spurns Lakers leaves for Houston
Dwight Howard made his final decision on Friday as to where he will play next season in the NBA. The Los Angeles Lakers are not happy with his decision nor are the Dallas Mavericks or the Golden State Warriors. However, the Houston... More of this article »
Nestle and Danone Investigated by China
China is currently investigating foreign companies that produce milk-powder including Nestle SA and Danone for the possible violation of laws regarding anti-monopoly and for having too high prices, according to a report from an unnamed... More of this article »
Udall’s Lifeless Body Found in Wyoming
A team searching for James Udall, the son of Morris Udall found his body in the Wind River Range in Wyoming Wednesday after the hiker did not return from a backpacking trip he had taken alone. Udall, who was 61, was raised in Tucson,... More of this article »
Antidepressant for Hot Flashes Approved by U.S. Regulators
Paroxetine, from Noven Pharmaceuticals, has been approved by the U.S. Food and Drug Administration. Paroxetine is a SSRI – selective serotonin reuptake inhibitor – to treat hot flashes that are moderate up to severe in women... More of this article »
Top Bank Managers at Vatican Bank Resign
The top two managers of the Vatican Bank, which has been scandal plagued, have resigned after a high-ranking cleric’s arrest that had close ties to the bank. This is just another of a long line of embarrassments for the Holy See. Paolo... More of this article »
Apple Seeks Trademark for “iWatch” in Japan
Apple, the Cupertino, California based tech giant, filed in Japan for a trademark for their phrase “iWatch.” This is amidst rumors that Apple will soon be launching a smartwatch around the world. The application for the trademark... More of this article »
Spammers launch attack with Fruit
Instagram, the network for photo sharing, was hit by a spam attack that was unusually colorful. Some would even say the site went bananas on Saturday. An Instagram representative has confirmed through an email that the network was... More of this article »
Solar-Powered Charging Stations Introduced By AT&T (NYSE:T)
AT&T has a new way to keep New Yorkers connected free. The company will plant 25 solar-powered charging stations in parks, beaches and other outdoor spaces in the five boroughs. The charging stations are part of a pilot project... More of this article »
S.E.C. Rebukes Billionaire On Failed Revlon Deal (NYSE:REV)
The Securities and Exchange Commission has announced that Revlon agreed to pay an $850,000 penalty to settle accusations of deceiving shareholders and its independent directors in connection with the failed attempt in 2009 to take... More of this article »
New Marriott Campaign Aimed At Younger Travelers (NYSE:MAR)
Marriott International is introducing a new advertising and branding campaign to attract younger travelers to Marriott Hotels and Resorts, its largest brand. The campaign, named “Travel Brilliantly,” is directed at frequent business... More of this article »
Obama Meets with Mandela Family Privately
U.S. President Barack Obama met on Saturday privately with the relatives of Nelson Mandela, the former President of South Africa. The anti-apartheid icon who is 94 years of age remains in a South African hospital in critical but stable... More of this article »
Netflix Secures Deal With DreamWorks For New Shows (NASDAQ:NFLX)
Netflix has announced a multiyear deal with DreamWorks Animation for new TV shows for its Internet streaming service. DreamWorks will provide new episodic TV programs inspired by characters from past DreamWorks Animation franchises,... More of this article »
Google Threatening Adult Themed Blogger Pages
Internet search giant Google says that as of July 1, if a Blogger page contains adult content as well as ad-monetization, it will be shut down. It appears that Google, the platform’s owner, is not happy with the adult-themed sites.... More of this article »
Mandela on Life Support, Family Summoned
South African Nelson Mandela, who was an activist against apartheid and spent 27 years behind bars before being elected the first black president of his country, was placed on life support, said one of his family members. Mandela,... More of this article »
Two Shootings Injure Four Police Officers
In two separate attacks against the Los Angeles Police Department left four police officers shot. The attacks have led to a massive manhunt in one of the incidents and a response by SWAT in another where the suspect is barricaded. In... More of this article »
Blackhawks lift Stanley Cup as NHL Champions
On a sticky humid night in Boston, Massachusetts, the Chicago Blackhawks defeated the Boston Bruins in game 6 of their best of seven Stanley Cup finals to win the series 4-2 and lift the Stanley Cup as the NHL Champions for 2012-13. The... More of this article »
Berlusconi Facing Verdict in Trial
Silvio Berlusconi, the former Premier of Italy faces a verdict on Monday in his trial of sex-for-hire. Prosecutors are looking to put an end to his political career of two decades by putting him behind bars and banning his participation... More of this article »
Prices of iPhones Slashed at Walmart
Walmart had aggressively slashed its prices on the iPhone 4S and the iPhone 5 made by Apple. Starting yesterday, the iPhone 5 will cost $129 and the iPhone 4S will be just $39. For the prices to be valid, a contract for 2 years must... More of this article »
Billionaire Wants To Make Dole Food A Private Company
Self-made billionaire David H. Murdock is betting he can take Dole Food private…again. Mr. Murdock, the chairman and chief executive of the company, offered to buy the 60 percent of Dole he did not already own, offering a price of... More of this article »
Skilling, Ex CEO of Enron has 10 Years Cut from Sentence
On Friday, the prison sentence for Jeffrey Skilling the former CEO of Enron was cut by 10 years by a federal judge. This officially closed the book on one of the country’s most spectacular cases of white-collar crime in the past... More of this article »
Supreme Court Downs Anti-Prostitution Pledge
The United States Supreme Court said on Thursday that the government could not force health organizations that are private, to denounce prostitution to get money to help fight AIDS across the globe. The courts’ Chief Justice, John... More of this article »
Three Naval Academy Players Charged with Rape
Three football players from the U.S. Naval Academy were charged with raping a female midshipman then making false statements. This is just the latest scandal related to sexual assault to hit the elite academy. The charges were filed... More of this article »
Google Spends $1 Billion To Purchase Waze (NASDAQ: GOOG)
Google has closed its deal to buy Waze, a popular social mapping start-up, for the price of about $1 billion. Both Google and Waze declined to have any executives available for an interview about the sale, but several executives released... More of this article »
Apple Exploring Options In Net Radio (NASDAQ: AAPL)
Many people know Apple as a company that makes some of the finest hardware in the world. Now, Apple is exploring opportunities available in the online music service market. The company will soon unveil its new Internet radio service... More of this article »
Aaron Hernandez, New England Patriots Player has House Searched
Law enforcement officials searched the home of Aaron Hernandez the New England Patriots player. Hernandez’s North Attleborough residence was searched on Tuesday after a man was killed who police said was an associate of the Patriot... More of this article »
Car Sales in Europe Hit Record Lows
Car sales in May for Europe plummeted to their lowest level in more than 20 years, which further eroded the hopes of manufacturers to see a recovery in 2013. France, Italy and Germany account for nearly 50% of the sales in the embattled... More of this article »
Woman once on Death Row to Go Free
On Monday, after being behind bars for 27 years, Paula Cooper will walk out of an Indiana prison. Cooper was just 16 years old in 1986 when she became the youngest person in the U.S. on death row. Monday she becomes a free person. When... More of this article »
Vermont Grappling with Nation’s Second Highest Rate of Lyme disease
Vermont’s Lyme disease rate is the second highest in the nation, according to the Center for Disease Control. The infection rate in Vermont is close to 10 times higher than the national average for the most common tick born sickness. Vermont... More of this article »
Many more firms share data with Intelligence agencies
Last week the NSA whistleblower named nine companies allegedly sharing data with intelligence agencies, but a new report says the real number of companies that are collaborating with U.S. intelligence agencies is much larger. The report... More of this article »
Alleged Nazi Living in U.S.
A former leader of a Nazi SS unit, which burned villages of women and children, lied to officials from immigration in the U.S. in order to enter the U.S. He is alleged to have been living in the state of Minnesota since shortly after... More of this article »
Walgreen Testing Energy-Saving Ideas For Its Stores (NYSE:WAG)
The Walgreen Company keeps seeing the consumption of power at its stores inching up. To explore options to significantly reduce its electricity use, the company is building an experimental “net zero energy store” just north of... More of this article »
Apple said to be designing cheaper, bigger iPhones
Today’s mobile devices are conglomerations of a number of devices from a camera, to a tablet to a telephone and for an iPhone could set you back as much as $1,200. An insider has said that Apple is considering releasing a new version... More of this article »