Latest US Business News
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Apple calls for tax reform defends tax practices ahead of Senate hearing
Apple executives are set to defend the company's tax practices and call for corporate tax reform that would allow it to bring some of the billions of dollars in cash it has overseas back to the ...
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$A rises and US dollar rally stalls
THE Australian dollar has surged past 98 US cents as the American currency takes a breather from its rally ahead of an economically-busy ...
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Bond Report Treasurys fall as QE clouds market
NEW YORK (MarketWatch) -- The Treasury market turned a morning rally into an afternoon slump Monday as the benchmark U.S. government debt yield rose to its highest since ...
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Under Yahoo will Tumblr go way of Flickr
A big deal, announced with cutesy memos intended to humanize the tech titans and the huge piles of money at stake. Mixing humor with words of assurance, the companies make lofty promises to stay true to their roots. "Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business," ...
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Leap Motion shows off Windows compatibility
Windows users, rejoice! Leap Motion is coming to a PC near you, and for the first time, you can see what it will be like. Today, Leap Motion released ...
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13.3-inch Sony tablet is like Etch A Sketch on steroids
Digital Paper touch-panel display was recently shown off at Educational IT Solutions Expo (EDIX) in Tokyo. Sony is planning to try it out at Japanese universities and bring it to the general market this year. It incorporates ...
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Dish said to bid $2B for Lightsquared spectrum
(Credit: Screenshot by Dan Farber/CNET) LightSquared's wireless spectrum could be getting a new owner, according to a new ...
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Facebook simplifies sharing for iOS apps
(Credit: Facebook) Sharing is caring -- if your Facebook and your network depends on it. Monday, the social network simplified the process for sharing activities from third-party iOS apps to Facebook. The company rolled out something called the ...
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What to expect when you’re expecting Microsoft to announce the next Xbox
officially announces the next Xbox tomorrow , it will have been 2,932 days since the company last unveiled a new video game console. In those eight years and 10 days, Sony and Nintendo have combined to unveil six pieces of hardware across the home and portable markets. Apple and Google have revolutionized the mobile phone and gaming markets with iOS and Android. Microsoft itself has even gone ...
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Acadia added to Nasdaq biotech index
The index tracks performance of selected biotech or pharmaceutical stocks traded on Nasdaq. Acadia trades at a market value of about $1.1 billion, making it one of San Diego's largest biotech companies by that ...
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With New Xbox Microsoft Makes A Bigger Play For Living Room
An Xbox 360 video presentation at the E3 Media and Business Summit in Los Angeles in 2008. Microsoft is scheduled to introduce its newest Xbox on ...
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Gold breaks a losing streak other metals rise
The price of gold is rising for the first time in nearly two weeks, breaking a long losing streak.Gold for June delivery rose $19.40 to settle at $1,384.10 an ounce Monday, an increase of 1.4 percent. It was the first gain since May 8.The price of gold has been falling since last autumn. Its appeal as an alternative investment faded as the U.S. dollar rose. Subdued inflation and worries that ...
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Oil rises on falling dollar gasoline at $3.65
NEW YORK -- The price of oil rose Monday, taking its cue from the stock market and the dollar.Benchmark oil for June delivery gained 69 cents to close at $96.71 a barrel on the New York Mercantile Exchange.Oil moved higher as U.S. stock markets reversed early losses around midday. Although stocks slipped in the afternoon, a weak dollar propped up oil prices. Since oil is traded in dollars, a ...
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After Hours Urban Outfitters slips in after-hours trade
SAN FRANCISCO (MarketWatch) -- Urban Outfitters fell in after-hours trade Monday after its fiscal first-quarter sales came up short of expectations, while TiVo posted a slight gain as its quarterly loss was smaller than ...
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Apple Explains Position On U.S. Taxes As CEO Cook Prepares For Senate Hearing
17-page position paper on its view of U.S. taxes the day before CEO Tim Cook is set to testify before a Senate committee on the issue. Saying that Apple is "an American success story" and saying that the Cupertino, California-based company has "likely become the country's largest corporate income taxpayer," Apple outlined its views on the U.S. tax system, it's ...
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Redhead Conventions March Of 1000 Beards Insomniac Golf -- Summer In Ireland Is Back
The festival season in Ireland is about to take some wonderfully weird turns -- including celebrations of redheads and insomniacs on the links - thanks in part to a governmental initiative ...
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11 Hottest Industries For Start-Ups
According to the Kauffman Foundation, 2010 and 2011 saw the highest rates of entrepreneurship in the past 15 years --.34% of Americans start a new business each month. IBIS World ranks the best industries for aspiring entrepreneurs to get in the door—and score big. Based on barriers to entry, the cost of start-up and projected growth, these eleven (and somewhat surprising) industries are ...
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Zach Braff Backlash Is Misguided And Misinformed
Zach Braff is using Kickstarter to fund his new film, Wish I Was Here . So far, so run-of-the-mill. Braff isn't the first celebrity to use Kickstarter, nor the first filmmaker, so why is there ...
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Hong Kong The InterContinental Hotels Bounty Of Rooms With A Sensational View
The sharply angled facade of the InterContinental Hong Kong is one reason why so many rooms have such spectacular harbor views. (Photo credit: Wikipedia) Here's his first swing: H-VQ or Harbor-View Quotient, which is the number of rooms that have a bona-fide view of a harbor divided by the total number of hotel rooms. If a hotel had only harbor-view rooms, the H-VQ would be one. For most ...
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Torontos Tumblrs New Crop Of Start-Ups Await The Big Time
was for. And before that, MySpace. It doesn't matter. David Karp, the founder of Tumblr, is smiling all the way to the bank. He cashed in with his web creation from his offices in Silicon Alley in Midtown. In the Americas, there's Silicon Alley in New York, the much bigger and more famous Silicon Valley in California and further north, and getting bigger, there's Toronto. ...
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LIVE BLOG Yahoo New York Press Event
's master plan to dominate the news cycle is continuing into Monday night with a major press event that may or may not be tied to its $1.1 billion acquisition of social sharing platform Tumblr, which ...
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7 Ways To Look At The Yahoo-Tumblr Tie-Up
a great deal. From here, it looks like a potential winner. It's likely to do little in the short run to boost Yahoo's flagging revenues, but the huge amount of traffic Tumblr generate gives it a great deal of long-term potential. On a number of other metrics -- making people in the tech community pay attention to Yahoo, improving the demographic of the user base, demonstrating boldness ...
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Yahoo Will Not Waste The Ten Dollars They Spent Buying Every Tumblr Blog
Yahoo's purchase of Tumblr raises some interesting questions in the minds of many, but I want to focus on the worry that many users of the service have. What do they expect from a deal? I would assume they would want nothing to change with a service they love and use every day. Many people who know the history of Yahoo will be looking at Tumblr, and then looking at historical Web 2.0 ...
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IRS Hearing Marks End Of Their Worst.Week.Ever But Congress Signals More Hearings Are On The Way
that the IRS improperly targeted certain applications for tax-exempt status based on keywords and politically charged language . When the announcement was made about the ...
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Can Microsofts Xbox Get Hollywood To Help Reinvent Gaming
Xbox will be a technological wonder. The game console will likely connect to other devices. It'll feature that utterly cool hands-free Kinect controller, which may let users wave in the air to communicate online with friends, change TV stations, write texts, or do other marvelous cross-platform things. But I worry it won't matter, because the gaming world doesn't have a hardware ...
Rhode Island Featured
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Rhode Island offshore wind farm contraversey
There is division in the ranks over a wind farm planned for construction off Block Island, while officials in the state government have accused future surveys for potential new sites of lacking in scope.
Deepwater Wind is becoming a controversial name in Rhode Island over plans to build an off shore wind farm just off the coast of Rhode Island. While not as controversial as Deepwater Horizon, the BP oil rig that caused the mess in the Gulf of Mexico, the renewable energy plans of Deepwater Wind are certainly raising some hackles. Read more
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