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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... More of this article »
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.... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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.... More of this article »
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,... More of this article »
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. ... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
Liberal Groups Infiltrated By Police
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... More of this article »
Bald Men Get Some Hope
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... More of this article »
Zynga Acquires Omgpop
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... More of this article »
Space Travel To Exceed $1 Billion Says FAA
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... More of this article »
Thunder Sign Derek Fisher
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... More of this article »
Housing Report Not Good
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... More of this article »
Large Earthquake Hits Mexico
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... More of this article »
HTC To Buy MOG
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... More of this article »
Room Rates Increase At Hotels Across North America
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.... More of this article »
Altitude Sickness Helped By Taking Ibuprofen
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... More of this article »
Judge Asked To Rule On Gabor Case
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... More of this article »
Cathay Pacific Reports Profits Down by 61% in 2011 (CPCAY)
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... More of this article »
Krispy Kreme Doughnuts Inc. Sales Up in 4th Quarter (KKD)
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... More of this article »
One Day Of Jail For Spousal Abuse
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... More of this article »
Amazon to Acquire Kiva Systems Inc. for $775 Million (AMZN)
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... More of this article »
Molycorp to Acquire Neo Material Technologies Inc. (MCP)
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... More of this article »
Former Bikini Model Arrested For Heading Drug Ring
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... More of this article »