Latest US Business News
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Emerging Markets Report Emerging markets currencies dive on Fed
The Mexican peso and other emerging-market currencies dived against the dollar Wednesday after Federal Reserve Chairman Ben Bernanke said the Fed could moderate its asset purchases later this ...
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Fed causes Aussie Crash stocks down US dollar higher
Is it possible that for all the criticism that has been directed at the Fed that the nuances are actually starting to become apparent between a "taper" and a withdrawal of stimulus? I'll have a chat about it below but as a recap stocks did really well last night, better than I would have thought and the Euro pushed further into nose bleed territory making a high of 1.34 on better ...
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Xbox One vs. PlayStation 4
PlayStation 4 launch in North America, and already blood has been spilled. From Microsoft gathering an arguably more impressive stable of exclusive games, to Sony revealing the lack of restrictions on PS4 games and a $100 lower price -- to Microsoft ...
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Mad Max with an American accent Not so fast
video game version is on the way, but some fans are outraged to see an American voice actor cast in the leading role. The upcoming third-person open-world game by Avalanche Studios, due out sometime next year for PCs, ...
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Artificial pancreas tells your tablet when you need insulin
The continuous glucose monitor -- which checks levels every one to five minutes -- works with a smartphone or tablet to calculate the amount of insulin the patient needs and delivers it via a ...
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Shiny Panasonic coffeemaker smells good
(Credit: Panasonic) They say we eat with our eyes first, yet that is only half the story. Clearly, whoever this "they" is either has a terrible sense of smell or a very bad cold. Eyes are great for getting a sneak peek of what's to come, but it is the nose that knows before all. Naturally, some edibles have more odiferous enticements than others with breakfast having a ...
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Video Federal Reserve raises its predictions for growth and jobs
Ben Bernanke said the economy is doing well enough that the Federal Reserve is likely to ease back on a bond-buying program that has kept interest rates at record-low rates. The prospect of higher interest rates sent the Dow down more than 200 points. Anthony Mason ...
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Xbox One Eighty Microsoft fails to sell the future retreats to the past
Some day, far down the road, we'll be sitting with our grandchildren at our feet, rocking in our holochair, watching the virtual sun set in our Googlezon immersi-room, and we'll get all nostalgic. We'll look back on the period of May to June 2013 fondly, remembering all those memes we posted and those angry diatribes we wrote. We'll look down fondly at those tiny children, ...
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Microsoft mulled buying Nokia unit
SAN FRANCISCO (AFP) - Microsoft was in talks to boost its position in the mobile phone market by buying the devices business from Nokia but failed to seal a deal, the Wall Street Journal reported Wednesday.The Journal cited unnamed sources as saying the US technology titan and the pioneering Finnish mobile phone company were involved in serious talks that recently faltered.Microsoft has been ...
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Microsoft Responds To Fan Outcry Changes Xbox One Policies
Don Mattrick, president of Interactive Entertainment Business at Microsoft, greets the crowd at the Xbox One reveal event in Redmond, Wash., last ...
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As Chairman Ben Bernanke clarifies Feds moves markets freak
WASHINGTON -- The Federal Reserve might begin tapering off its economic life support late this year and finish a controversial program of bond purchases by the middle of the next year, Chairman Ben Bernanke said Wednesday in remarks that triggered fear and loathing in financial markets.Stocks fell sharply after Bernanke used a midafternoon news conference to clarify the circumstances under ...
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News Summary Mens Wearhouse ousts founder
THE NEWS: Men's Wearhouse Inc. says Wednesday it dismissed its founder and executive chairman George Zimmer, who appeared in many of its TV commercials with the slogan, "You're going to like the way you look. I guarantee it."BEHIND THE OUSTING: Men's Wearhouse declined to give a reason for the ousting, but Zimmer shot back, saying the firing was due to a disagreement ...
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Microsoft Says XBox is no Big Brother
Microsoft manager Marc Whitten doesn't think a lot of the recent criticisms from data security advocates about Microsoft's new XBox One gaming console are fair. "The player controls the system, not the other way around," says the man who has become known as the Father of the XBox One, speaking to dpa on the sidelines of the E3 gaming convention in Los Angeles. Critics ...
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Oddworld Inhabitants Founder Lorne Lanning Believes Microsoft Will Right Xbox One Ship
Lorne Lanning, founder of Oddworld Inhabitants, launched Oddworld: Abe's Oddysee on Sony PlayStation in 1997. After developing a sequel for Sony and publisher GT Interactive, Oddworld: Abe's Exodus in 1998, the independent developer opted for Microsoft's Xbox platform with Oddworld: Munch's Oddysee in 2001. Lanning found himself back in Sony's camp, on the stage during ...
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Wall Streets Taper Dance
Taper, taper, taper! You know you're doing it. It's the newest dance craze among the Fed-obsessed on Wall Street who hang on to every single word uttered by the Chairman. Gyrating wildly not knowing if the central bank would relax its quantitative easing or not, traders have been doing the taper twist and turn for what feels like weeks.Wednesday - finally - The ...
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Taco Bell Tries New Protein-Packed Menu
Taco Bell plans to test a "Power Protein" menu that it's hoping will eventually be hit with its core audience --young men. The chain says it will start testing the menu July 25 at about 40 locations in Dayton, Ohio. The burritos and bowls will have double portions of chicken or steak, and toppings such as corn, guacamole and reduced fat sour cream. They'll be made with ...
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Dunkin Donuts to offer gluten-free donuts muffins
The breakfast chain said Wednesday that it plans to offer a pair of new gluten-free items -- cinnamon-sugar donuts and blueberry muffins -- by the end of this ...
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How the Dow Jones industrial average and other major indexes fared Wednesday
Stocks fell sharply Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank could slow its massive bond purchases this year and end them by mid-2014 if the economy improves enough. High-dividend stocks like telecommunications and utilities fell the most. Markets have been making big swings in recent weeks as traders try to anticipate when the Fed will ease back on the ...
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NBA star turns to Twitter to sells his bulldog
He tweeted Tuesday: "Hey I have a English bulldog and he to big to be around my youngest child he 10 months got his papers and he got a micro ...
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UPDATE 1-Microsoft reverses position on Xbox One Internet game sharing
Wed Jun 19, 2013 6:55pm EDT SEATTLE, June 19 (Reuters) - Microsoft Corp said on Wednesday that users of its forthcoming Xbox One game console will be able to play games offline without establishing an Internet connection, and will be able to lend or sell used disc-based games. The announcement reverses the company's position when it unveiled the console in May, causing consternation among ...
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Parallels Desktop update adds support for OS X 10.9 Mavericks
OS X 10.9 Mavericks is still in development, with Apple only weeks into having released its first preview of the new operating system to its developer and testing communities. For people who want to install and manage Mavericks in virtual machine environments, Parallels has a new update available that will support the installation of Mavericks in a virtual machine, allowing for testing of code ...
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John McAfees tips for uninstalling McAfee
John McAfee has been accused of being many things -- madman, drug addict, and murderer, just to name a few -- but as the video below proves, you certainly can't accuse him of taking himself too seriously. In the very NSFW four-minute clip, McAfee slams the software he created (but has had not contact with for more than a decade, as he points out) for its tendency to update itself at the ...
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Stork missing from Safari Park
San Diego Zoo Safari Park officials are searching the North County today for an exotic bird that got caught in a wind gust and flew away Monday ...
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5 points to know about the health care overhaul
Still a little hazy about the health care overhaul? You have plenty of company.About half the people surveyed earlier this spring by the nonpartisan Kaiser Family Foundation felt they didn't have enough information to understand how the law will affect their family. Among those with an annual household income of less than $30,000, some 30 percent thought the law had been repealed by ...
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After Hours Red Hat Nokia among gainers after hours
SAN FRANCISCO (MarketWatch) -- Linux software developer Red Hat Inc. was among the stocks seeing notable activity in after-hours trading following the company's quarterly ...
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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