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NBA Players Announces to the world he is gay
Jason Collins, a player in the National Basketball Association, who at the end of the regular season became a free agent, has announced he is gay. Collins made the announcement on Monday and said he has received overwhelming support... More of this article »
Ford’s Results Boosted By North American Sales (NYSE:F)
The Ford Motor Company reported that its net income improved 15 percent in the first quarter, rising to $1.6 billion. Overall revenue increased by 10 percent in the quarter, reaching $35.8 billion. Alan R. Mulally, Ford’s chief executive,... More of this article »
Novartis Accused Of Providing Kickbacks To Pharmacies (NYSE:NVS)
In New York, federal prosecutors filed a lawsuit accusing Novartis of providing illegal kickbacks to pharmacies. The kickbacks took the form of discounts and rebates and were intended to cause the pharmacies to promote use of one of... More of this article »
Hospitals Having Battle with Antibiotic Superbugs
Across the U.S., one patient in 20 at hospitals picks up an infection, with some being very hard to fight. The infections are ones patients did not have when they checked into the hospital and some are caused by the very dangerous... More of this article »
Humira Helps AbbVie Exceed Wall Street Expectations
Illinois-based AbbVie announced earnings on Friday that passed Wall Street expectations. The biotech company said it could earn up to $1.5 billion more annually from Humira its popular rheumatoid arthritis drug, which already represents... More of this article »
T-Mobile Attracts Customers With Contract Free iPhones (PINK:DTEGY)
In an attempt to gain ground on its competitors, T-Mobile started selling the iPhone to its customers without asking customers to sign-up for long-term service contracts. The new marketing strategy spreads the cost of the device over... More of this article »
Prosecutors Accuse Swiss Pharmaceutical Giant of Kickbacks
U.S. prosecutors have alleged that Novartis, the huge drug maker based in Switzerland, of giving physicians lavish dinners and trips for fishing and other excursions so the doctors would prescribe medications for medications produced... More of this article »
NASCAR Driver Patrick Ends Marriage
Danica Patrick, the NASCAR driver, has announced that her divorce has now become finalized. A judge in Arizona signed the consent decree on April 15 between the Go-Daddy NASCAR driver and Paul Hospenthal her husband. The decree was... More of this article »
Complaints Continue To Pile Up Against Google in Europe (NASDAQ: GOOG)
In Europe, antitrust regulators have received a formal complaint about Google’s Android operating system for mobile devices. Fairsearch Europe, a group of Google’s competitors, filed the complaint against the Android operating... More of this article »
Baltimore City Corrections System Rocked by Prison Scandal
The Baltimore corrections system had 25 members indicted in a major scandal that included 13 prison guards for charges that ranged from drug conspiracy to racketeering to money laundering. The operation was run through a prison gang... More of this article »
Foodborne Illnesses Still Sending Many to the Hospital
A new study ranks poultry and meat, based upon outbreaks of illnesses that are foodborne. In the U.S., the average person consumes about 130 pounds of poultry, beef and pork each year. That amount of meat consumption provides for ample... More of this article »
Boeing 787 Battery Risks Were Underestimated (NYSE:BA)
Boeing acknowledged that tests of the lithium-ion batteries on its 787 planes underestimated the risks of fire. Mike Sinnett, Boeing’s chief engineer on the 787, revealed that the calculation that a battery would fail only once every... More of this article »
Tom Cruise tops at the weekend Box Office
Tom Cruise returned to lead the box office with the debut of his newest film Oblivion, a sci-fi adventure. The film’s debut helped the veteran actor reaffirm his star power with a weekend take of $38.2 million, which was easily the... More of this article »
Five Snowboarders Killed in Colorado Avalanche
On Saturday afternoon, five snowboarders lost their lives after an avalanche they apparently triggered in the backcountry at Loveland Pass in Colorado, fell on them. Search crews and rescue personnel recovered the five bodies a number... More of this article »
Guatemala Judge Suspends Genocide Trial
In Guatemala City, on Friday, uncertainty was apparent in the courtroom at the Efrain Rios Montt genocide trial. Rios Montt is a former army general and congressman, who was a dictator in Guatemala as well. Judges argued over what... More of this article »
Player of Year List Released by British PFA
The Professional Football Association in England has released its shortlist of six men for the Player of the Year trophy. The most controversial player on the list is Liverpool’s Luis Suarez. The Uruguayan has been one of the English... More of this article »
Russian President’s Most Vocal Critic on Trial
Authorities in Russia have put the most vocal critic of Vladimir Putin, the country’s president, on trial in what many experts believe to be a risky attempt to shut out the country’s biggest and most charismatic opposition leader,... More of this article »
Hybrids reach 5 million mark in sales for Toyota
On Wednesday, Toyota Motors announced it reached the five million sales mark for its autos that are hybrid. The giant automaker from Japan produces the Prius Hybrid and announced that more than 5.125 million of its hybrid vehicles... More of this article »
Yahoo Posts Surprising Profit Increase (NASDAQ: YHOO)
Yahoo’s first-quarter earnings beat analysts’ expectations. Net income in the first quarter increased 36 percent to $390 million, or 35 cents a share, from the same quarter a year ago. Wall Street analysts had expected net income... More of this article »
Researchers Say Cyroneurolysis Helps Neuralgia
A new study says that a treatment, which is minimally invasive and uses a small frozen ball, can treat chronic pain effectively. The treatment is cyroneurolysis and uses a small probe with a temperature of between minus 10 and minus... More of this article »
Comedy Loses a Legend
Comic actor Jonathan Winters who starred in movies and on television, died this past week at 87. Winters was one of the most talented improvisational actors and comics in the industry. He starred in his own show The Jonathan Winters... More of this article »
Japan Warned by U.S. over Currency Valuation
The U.S. Department of Treasury has said that valuation currency policy must be geared toward growth instead of giving a country a competitive advantage. The Obama administration this week used new and harsh language in warning Japan... More of this article »
Authorities stop package from reaching Sheriff Arpaio
Controversial Sheriff Joe Arpaio of Maricopa County Arizona had a package addressed to him containing explosive materials that was found at a post office in Flagstaff, both federal and local authorities said. Investigators said they... More of this article »
Microsoft Begins Releasing Transparency Reports (NASDAQ:MSFT)
Microsoft has published reports of recent requests for data made by government law enforcement agencies. They are joining companies like Google and Twitter that publish these reports to provide transparency to their millions of customers.... More of this article »
Man saved when daughters lift tractor
A man from Oregon says his two teenage daughters are the reason he is still alive today. He said they saved him last weekend after they were able to lift a tractor that weighed 3,000 off him. The man’s boot slipped off the clutch... More of this article »
UEFA Plans 10-game ban for Racism in European Soccer
Europe’s governing body for soccer announced on Wednesday that soccer players would face a ban of 10 games and team supporters could be banned from entering stadiums under the new antiracism measures that are being drawn up. Gianni... More of this article »
New Uranium and Extracting Mines unveiled by Iranian Officials
Just days after talks regarding its controversial nuclear power program stalled, Iran’s President Mahmoud Ahmadinejad hailed new advances in the program. Iran unveiled a new production facility for uranium and two mines for extraction.... More of this article »
GE Purchasing Lufkin as CEO Increases Energy bet
On Monday, General Electric agreed to purchase Lufkin Industries, Inc. for $3.3 billion, adding technologies for the gas and oil industry as Jeffrey Immelt, the GE CEO increases his bet on energy. Shareholders of Lufkin will be paid... More of this article »
Kate Atkinson with new novel Life After Life
The latest novel by Kate Atkinson titled Life After Life tells the stories of Ursula a study, strange and brave girl born to a English family in the early 1900s. She dies after only one chapter of the book at the moment she is born,... More of this article »
Hypertension can be lowered with more Potassium Intake
World Health Day is April 7 and the theme of the day this year is blood pressure or better yet high blood pressure also referred to by many as hypertension. To lower someone’s risk of kidney failure, cardiovascular disease and stroke... More of this article »
J.C. Penney’s Searching For A Way To Gain Market Share (NYSE:JCP)
J.C. Penney stores are filled with well designed brands, signage and layouts, but they are missing customers. Two years ago, Bill Ackman of Pershing Square Capital Management used his stake in the company to persuade its board to hire... More of this article »
Only 88,000 Jobs Added to Economy in U.S.
Employers in the United States only added 88,000 jobs during March making it the slowest pace for adding jobs in nine months. The results of the Labor Department’s jobs report suggest a weakening in economic growth as government... More of this article »
Quantum Technology Ready For Commercial Development At Lockheed Martin (NYSE:LMT)
Quantum technology is ready for commercial deployment according to Lockheed Martin, an American military contractor. The company is the first to use quantum computing as part of its business and is confident that the technology can... More of this article »
Study says Baldness Could be Sign of Heart Disease Risk
Men losing their hair could be more apt to suffer heart problems compared to men who maintain all their hair, said researchers from Japan. In a recent study, over 37,000 individuals were examined and the results indicated that males... More of this article »
Fewer Jobs Added to Economy in the U.S. indicates ADP Data
Companies in the U.S. hired fewer workers than had been projected for March due to limited construction hiring according to the private report from ADP based on the country’s payrolls. The increase in jobs was 158,000 making it the... More of this article »
Fewer Teens are Sexually Active
Recent research found that younger teens are not having less of an active sex life than previously. The research also found older teens are now putting off sex on a more frequent basis than the past. On Monday, the new study was released... More of this article »
China Preparing for Possible ‘Currency War’
At a time when some of its leading politicians, bankers and economists are anxious about the rapid rate of economic growth stalling, China has announced that it is to do whatever it takes to try and take account of moves by other nations... More of this article »
Two Die in China from new strain of Avian Flu
In China, two people have died after they were infected with the avian influenza H7N9, a subtype that previously was not transmitted to humans, said government officials Sunday. In February, a Shanghai man who was 87 years old fell... More of this article »
Maine Fitness Instructor Pleads Guilty to Prostitution
A Maine Zumba fitness instructor who used her studio to run a prostitution ring has pleaded guilty and faces time in jail. The case has captivated the quiet town that sits on the shore of the Atlantic Ocean known more for beaches and... More of this article »
Google Expands Offices To Increase Presence In The Cloud (NASDAQ:GOOG)
Google is taking on Microsoft and Amazon for the lead in the cloud computing market. The company has verified that it’s doubling its office space near Seattle and is actively searching for engineers to work on its cloud technology.... More of this article »
Samsung Reveals New Galaxy S 4 Device (PINK:SSNLF)
In an attempt to bring the sales war directly to Apple on their home turf, Samsung revealed the Galaxy S 4 at Radio City Music Hall in New York. JK Shin, president of Samsung Mobile Communications, said “Once you spend time with... More of this article »
Arms Shipments to Syria traced by blogger in England
Elliot Higgins is a blogger in England who has never visited Syria. He does not have any family or friends in Syria, nor does Higgins have military experience or a weapons analysis background. However, when he was laid off from his... More of this article »
Justice Department Investigates Microsoft’s Overseas Activities (NASDAQ:MSFT)
Microsoft is reportedly being examined by authorities for its activities with foreign government officials that have been accused of taking bribes in exchange for business. The violations being reviewed come from a federal law that... More of this article »
Dentist May Have Allowed Thousands to be Infected with HIV or Hepatitis
The Department of Health in Tulsa, Oklahoma is warning more than 7,000 patients from a dentist that they might have been exposed to Hepatitis B or C or HIV from poor practices of sterilization. Dentist and oral surgeon Dr. Wayne Harrington... More of this article »
Immigration Reform Closer, but Borders must be Secured
Hundreds of immigrants awaiting deportation have been allowed to go free due to problems with the budget. Officials are also cutting back on the hours of border patrol agents and staff at all border crossings. This is taking place... More of this article »
Citigroup Given Order by Fed over Money Laundering Procedures
Citigroup Inc. the third largest lender in the U.S. must submit its plans to the Federal Reserve showing how it has improved its safeguards against money laundering. U.S. regulators ordered the bank, based in New York, to explain the... More of this article »
New Euro Zone Bailout Provision Targets Depositors
This week Europe has signaled that large bank depositors would be shouldering some of the cost of bank bailouts in the future, after savings accounts with balances of more than 100,000 euros became targeted in the rescue package for... More of this article »
General Motors Revamps Chevrolet Impala And Its Marketing Teams
General Motors has changed the look of the new Chevrolet Impala, which will be shipping to dealerships soon. Chevrolet is the company’s biggest selling brand and the company hopes that the new overhaul will increase the interest... More of this article »