Latest US Business News
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Economic Report China factory activity slowing further in June
LOS ANGELES (MarketWatch) -- China's manufacturing sector was slowing further in June, according to HSBC's preliminary results from its monthly survey, released ...
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Rockmelt launches Android app with enhanced navigation
Android users and not merely a port of an iOS app." So, what are the differences between the social browser's Android and iOS app? A lot. First of all, the Android app is tooled for bigger screens, which means navigation is at the bottom of the screen in portrait mode and on the right in landscape mode. Also, as users scroll through the app, the navigation disappears to show-off more ...
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Federal Reserve policymaking group has power over economy through control of interest rates
The Federal Reserve's chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy. Here is a look at how the FOMC operates. Q: What is the FOMC's primary role? A: Its mission is to keep the economy, inflation and employment on a healthy track. When the economy weakens, Fed policymakers cut interest rates or ...
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Alzheimers compound repairs damaged neurons
Brain cells harmed by Alzheimer's disease can be repaired by a newly invented compound, according to a study led by Sanford-Burnham Medical Research Institute scientists. The compound, called NitroMemantine, is ready for human clinical trials, said Stuart A. Lipton, the Sanford-Burnham scientist who headed the ...
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News Wrap Federal Reserve Paints Brighter Economic Picture
In other news Wednesday, the Federal Reserve estimated unemployment will fall a little faster than expected in 2013 and 2014. Also, the Internal Revenue Service is in the spotlight again, this time for its plans to pay bonuses to employees despite a White House directive to stop those payments under automatic spending ...
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The Federal Reserve maintains monetary stance interest rate rise after 2014 diminished downside risks
The Federal Open Market Committee (FOMC) ended its two-day monetary policy meeting on Wednesday and agreed to keep its benchmark interest rate unchanged at a record low between 0.0% and 0.25%, while the FOMCs statements had not seen any ...
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Philanthropy Still Down But Starting to Creep Up - Five Years After Crash
Once a year, the analysts at the Giving USA Foundation release the results of analysis conducted in partnership with Indiana University showing the basic numbers of American philanthropy - a macro look at giving as an important economic sector. The "annual estimates are based on econometric models using tax data, government estimates for economic indicators and information from other ...
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Microsoft retreats on rules for
The Xbox One will not require a regular Internet connection. Gamers will continue to be able to use, trade, sell or loan their games just as they have been on earlier versions. Those announcements, made Wednesday, represent a reversal for Microsoft on two key decisions about its upcoming Xbox One console that had infuriated many gamers. "Since unveiling our plans for Xbox One, my team ...
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Asia Markets Australia Korea lead Asian stock fall after Fed
HONG KONG (MarketWatch) -- Asian stocks fell Thursday after the Federal Reserve signaled it may gradually wind down its bond purchases if the U.S. economy continued to improve, weighing down shares on Wall ...
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LG to mass-produce flexible displays for smartphones
Looking to get a leg-up in the bendable display market, LG Display is going full throttle ahead with production of the new technology for mobile ...
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Bridgepoint Education seeks to cut staff
San Diego's Bridgepoint Education launched a voluntary buyout program last week to cut staff on the eve of a critical accreditation decision for company-owned Ashford ...
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Illumina ordered to pay $115 million in patent case
SAN DIEGO -; DNA sequencing giant Illumina has been ordered by a federal court to pay Auburn, Wash.-based Syntrix Biosystems $115.1 million in a patent infringement ...
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Want to entice hotel guests Try birds paragliding
Well aware that travelers have an almost limitless choice for where they'll lay their heads down at night, hotels and resorts in San Diego County are stepping up their game to entice visitors to choose them for an overnight ...
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FBI Has Drones But No Rules
It is difficult to believe that anyone was genuinely shocked to learn today that the FBI uses drones for domestic surveillance. But if news of FBI drone operations bothers you, you're not going to like what came next during Senator Charles Grassley's questioning of FBI Director Robert Mueller during the Senate Judiciary Committee ...
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Premium Or Freemium Apps Xcom Enemy Unknown Looks For An Answer
a fully freemium income model with their driving game 'Real Racing' . Well it looks like they're happy with the money they've made through the app, as the upcoming 'Plants vs Zombies' title will also be using the free download model, relying on in-app purchasing to create a revenue stream. A lot of vocal gamers were not supportive of this model when it was ...
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In Pictures James Gandolfini
This undated publicity image released by HBO shows, from left, Tony Sirico, Steven Van Zandt, James Gandolfini, Michael Imperioli and Vicint Pastore,from the HBO drama series "The Sopranos." HBO and the managers for Gandolfini say the actor died Wednesday, June 19, 2013, in Italy. He was ...
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Microsoft has no plans to revisit Xbox Ones $499 price
Even as the company backtracks on its unpopular game-sharing policy, a company executive tells CNET that it won't budge on the price for the console, some $100 more than the rival PlayStation ...
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MediciNova gains 31 percent
I wrote about MediciNova yesterday . Today the market reacted to the news of positive preliminary clinical data for its drug ibudilast, being tested for methamphetamine addiction. Shares of MediciNova surged 31 percent Wednesday, closing at $3.37, up 80 cents for the ...
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How Fed policymakers affect the economy
The Federal Reserve's chief policymaking group, the Federal Open Market Committee, has vast power over the economy through its ability to set monetary policy.Here is a look at how the FOMC operates.Q: What is the FOMC's primary role? A: Its mission is to keep the economy, inflation and employment on a healthy track. When the economy weakens, Fed policymakers cut interest rates or ...
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Feds moves to aid economy since financial crisis
WASHINGTON -- The Federal Reserve has taken many unprecedented steps in the past four years to try to boost the U.S. economy and counter the effects of a financial crisis that triggered a painful recession. It has kept the short-term interest rate it controls at a record low near zero since December 2008.It's bought more than $2 trillion in U.S. Treasurys and mortgage bonds to try to hold ...
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TMZ Sopranos Actor James Gandolfini Dead
The celebrity website TMZ reports that James Gandolfini, best known for his role as Tony Soprano on "The Sopranos", died earlier today in Italy.The website says Gandolfini is believed to have suffered a heart attack. He was 51 years old. Gandolfini was in Italy to attend the 59th Taormina Film Festival in Sicily and he was scheduled to participate in a festival event this weekend. ...
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Tea Party Patriots Inc.--Movement Or Money Machine
The Gadsden flag (Photo credit: Wikipedia) I know it is generally thought to be annoying to have a telephone solicitation come while you are eating dinner, but I was really pleased when Tiffany called on behalf of Tea Party Patriots, Inc. (I call it Inc. to distinguish it from the overall Tea Party movement). Inc. has put out a call for people to show up on the West Lawn of the Capitol on June ...
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Growing Number Of Rich Chinese Helping To Spur Countrys Overseas Investments
Chinese billionaire Wang Jianlin thrust his Dalian Wanda Group into the headlines in Europe yesterday with $1 billion of investments in two projects the UK: the purchase of a 92% stake in yacht-maker Sunseeker and a high-end real estate development in London. What's the significance of these projects for international businesses and ...
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3D Printing Company MakerBot Acquired In $604 Million Deal
$604 million deal . The merger, which will allow MakerBot to operate as a separate subsidiary of Stratasys, will pay $403 million in exchange for 100% of MakerBot's stock. The remaining two-thirds of the deal will be subject to MakerBot's performance during the next two years. It's no secret that 3D printing has exploded over the last few years, as headlines with news about 3D ...
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Did A So-Called Sexual Assault How-To Manual Just Get Funded Via Kickstarter
Feministing to get the campaign canceled and funding returned to donors and an avalanche of tweets asking @kickstarter to pull the project. But to what end? Hoinsky's campaign wrapped up this morning, with a over $16 000 raised - more than eight times what he was originally asking for. The campaign as it's described doesn't violate Kickstarter's terms of service, unless you ...
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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