Latest US Business News
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Microsoft’s Next-Gen Xbox to be More Than a Console
The technology giant will unveil its latest console tonight. The company managed to keep most of the details on the new Xbox a secret. A few hours ago, however, part of the heavy curtain was lifted ...
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New Android app checks 4G coverage
(Credit: Brian Bennett/CNET) LAS VEGAS--Tapping into high-speed 4G networks is a real treat but sometimes a signal is hard to find. The new CellMaps Mobile Coverage app for Android is here to help. Announced today ...
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Next Xbox shipments to ramp up in third quarter
Microsoft has made plans for dramatically increasing its supplier shipments of the next Xbox in the third quarter in anticipation of a fourth-quarter launch, according to one ...
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ATT waives overage fees for Oklahoma tornado victims
bring in more of its resources to the affected area. "Our thoughts and prayers are with those affected by the tornado that hit the Oklahoma City area Monday," the company announced today. "We are coordinating with local authorities and bringing in additional resources. We recommend text messaging for communications with family, friends, and loved ones given heavy call ...
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Microsoft falls in global brand ranking Apple still No. 1
Microsoft is No. 7 in the ranking of worldwide brands. Microsoft Corp. fell two spots in the worldwide ranking of most valuable global brands to No. 7, while Apple Inc. retained its No. 1 ranking. Apple's brand value is now worth $185 billion. Microsoft's (NASDAQ: MSFT) brand value fell 9 percent from last year to $69.8 billion. Amazon.com Inc. (NASDAQ: AMZN) moved up four spots in the ...
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Self Help Africa Why Only Profits Can Cure Poverty
The importance of profiting from one's efforts ought to be an easy concept to embrace. It is why humans no longer live in caves. If an endeavor--any endeavor--produces more value than it consumes, it will not only pay for itself, but create the means for growth. In contrast, endeavors that persistently generate losses are destined to wither and die. Africa has long been a place where ...
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Bored With Your Pencil Skirt. Try This One.
Denim. The leather jacket. A tailored trench coat. The difference between these wardrobe staples and fashionable flavors of the week is their potential for reinvention: The pencil skirt is no exception. Introduced by Dior in the 1940s, the pencil skirt (or "H-line," as it was then called) has survived three quarters of a century and abundant iterations. The pencil skirt of 2013 has a ...
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At XBox Reveal Microsoft Hides A Priceless Asset
Xbox Live executive Marc Whitten introduces SmartGlass technology at the Microsoft Xbox E3 2012 (Image credit: AFP/Getty Images via @daylife) ...
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Apples Profit Shifting Claims Were In Humpty Dumpty Territory Here
Today's the day that Apple's Tim Cook appears before the Senate Permanent Subcommittee on Investigations. The battle lines have been drawn, the statements issued, and the big questions is whether Apple has been profit shifting. The answer is, variously, yes, maybe, and no, depending upon what you mean by profit shifting. For we're rather in Humpty Dumpty territory here: it all ...
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Federal Execs to Get Millions
Despite the sequester--huge cutbacks in federal spending that were mandated by law in March--some high-level Federal executives are scheduled to get millions of dollars in bonuses, unless there's a law to stop ...
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Carnival flounders after profit warning
Carnival said late Monday it now expects full-year revenue to be as much as 3% lower compared to the previous year. On top of that, trip cancellations and administrative costs are hitting the company's bottom line. Full-year earnings per share are expected to be as much as 30% below previous estimates, it said. Carnival has been cutting its cruise ticket prices in an effort to drum up ...
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Seniors losing savings to pension advance firms
A U.S. Senate committee is looking into pension advances to determine whether the deals come with "illegally high rates of repayment interest" and defraud ...
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Microsofts Xbox revamp Is the sun setting on game consoles
With the rise of mobile and social games, the revival of PC gaming and a general proliferation of options for both developers and players, it's understandable why some are wondering whether consoles matter anymore. ...
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Indications Stock futures drift lower ahead of Fed speakers
MADRID (MarketWatch) -- U.S. stock futures drifted lower on Tuesday with investors expected to look for more clues on any tapering of the Federal Reserve's easing program. Two Fed presidents with voting rights on the interest-rate setting committee are due to hit the ...
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Irwin Kellner Consumers reach fork in the road
Lower interest rates have allowed large numbers of people to refinance their loans, sharply reducing their monthly payments. This, too, gives consumers the wherewithal for more ...
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Fed President gives upbeat assessment of US economy
FX Market Overview Our hearts go out to the people of Moore, Oklahoma as they wrestle with the aftermath of a massive tornado and try to find those who are missing. In less than an hour, dozens of buildings were wiped off the map and at least 90 people lost their lives. I can't even begin to imagine the situation but we wish them all well with rebuilding homes, communities and lives, It was ...
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LONDON MARKETS U.K. Stocks Extend Gains To 12-year High
LONDON – U.K.'s benchmark stock index flirted with a more than 12-year high on Tuesday, with mining firms recouping parts of the prior day's losses and Capita PLC rallying after contract news.The FTSE 100 index rose 0.2% to 6,765.09, building on gains from Monday, when the index closed at the highest level since September 2000.Shares of Capita jumped 7.1%, after the process ...
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Nokia video ad touts Lumia 928s low-light camera
(Credit: YouTube/Screenshot by Lance Whitney/CNET) Nokia is out with another promo showing off the camera of its new Lumia 928 smartphone. A spot posted on YouTube reveals a series ...
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How The Obama Gun Boom Pushed The Fortune Of Two Brothers To $1.2 Billion
Douglas C. Pizac/AP In March the National Rifle Association coordinated a demonstration against new gun legislation in Connecticut, the state where 26 children and staff were gunned down at an elementary school in December. Before boarding buses headed for the state capital, gun owners met up at a parking lot in nearby East Hartford-a parking lot owned by sporting goods ...
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Leadership Lessons From The IRS
The IRS is nobody's favorite agency, for obvious reasons. The recent scandal hasn't improved their stature in the public eye. My colleague Russell Raath dug deep to find some leadership tips we can take from the IRS, signs of strengths they will need in order to weather this current ...
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The Tech Innovator Who Almost Killed Saddam Hussein
Doron Kempel, CEO of SimpliVity. Photo by Michael Prince for Forbes. The sun was rising hot and full as members of Israel's most elite special forces unit approached a crowd in the middle of the desert. Disguised as Iraqis, the soldiers had landed two days earlier in helicopters hundreds of miles away and traveled in jeeps to this desolate outpost on one of the most controversial, risky ...
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Home Depot Beats Helped by Housing
Home Depot reported higher-than-expected quarterly results and boosted its sales and profit outlook for the year, as the world's largest home improvement chain benefited from a nascent recovery in the U.S. housing market. Shares of the company rose 4.1 percent to $79.90 in trading before the market opened. Despite cooler-than-usual weather in many parts of the United States at the start of ...
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Realtors Association Major Donor to Lansdale First PAC
Realtor Richard Strahm has some pull. The Democratic Lansdale Borough Council candidate in Ward Three is a member of the Montgomery County Association of Realtors, the Pennsylvania Association of Realtors and the National Association of Realtors, according to Lansdale First treasurer Denton Burnell. Thus, Suburban West Realtors ...
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Gen Xers may never be able to retire
Typical Generation Xers now in their late 30s to late 40s saw their net worth drop by a larger proportion than older Americans during the financial crisis and came out of it less prepared for retirement than the post-World War II boomer generation, according to a new ...
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Therese Polettis Tech Tales H-P investors ignore dour view on Wall Street
Hewlett-Packard CEO Meg Whitman faces a downbeat mood on Wall Street, but investors have still sent the tech giant's shares up more than 80% over the last six ...
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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