Latest US Business News
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Finally Independent Testing Of Rossis E-Cat Cold Fusion Device Maybe The World Will Change After All
I first wrote about Italian engineer, Andrea Rossi, and his E-Cat project, a device that produces heat through a process called a Low Energy Nuclear Reaction (LENR). Very briefly, LENR, otherwise called cold fusion, is a technique that generates energy through low temperature (far lower than hot fusion temperatures which are in the range of tens off thousands of degrees) reactions that are not ...
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SoftBank grants waiver for Sprint to talk more to Dish
The Japanese wireless carrier is letting its rival Dish go into further talks with Sprint, saying that "we are providing this waiver because we are confident in the value of our ...
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Tough Cat B15 Android phone marks U.S. debut
Cat B15 Android smartphone is the newest entrant to the U.S.' rough and ready durable phone tussle. I got my hands on the B15 this past March when it first appeared on the world stage at Mobile World Congress. This U.S. variant is essentially the same handset, except for the cellular support -- AWS bands 1700/2100 to complement GSM 850/1900 support. There's no launch date yet, since ...
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Gyms For Women Sell More Than Fitness
. Standing in the atrium leading from the lobby -- where you can order a $10 "Flirtini," a $12 Long Island, or a $30 sangria carafe at the full bar -- to the locker room -- where the towels are a shocking shade of pink, the walls are coated in sliver glitter, and the flat irons are plentiful -- I couldn't figure out what this particular "un-gym," as it's billed, ...
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Times Have Changed. Your Resume Needs To Change Too.
Though he seemingly needed no introduction, da Vinci is said to have pioneered the business resume. (Photo credit: Wikipedia) The professional resume is said to go back ...
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Six Business Lessons According to Spenser
The death of author Robert B. Parker in 2010 brought with it an unusual business challenge. The novelist, who wrote almost 70 books, the majority of them about his iconic Boston private eye, Spenser (no first name ever has been used), was a best-seller machine. Not on the scale of, say, Dan Brown or John Grisham. But two or three times a year, virtually every year, Parker could be counted on to ...
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In The West Big Coal Makes A Stand
natural gas exports , a battle is brewing in the Western United States over exports of coal to Europe and, especially, to the booming economies of Asia. Buoyed by rising overseas demand for American coal, big coal producers including Arch Coal and Peabody are seeking to build new ports and new shipping facilities, particularly along the West Coast, to send U.S. coal from ...
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Occupy Wall Street Challenges DOJ On Foreclosure Crisis
I don't know if Occupy Wall Street has been quiet lately or if I have just not been paying attention. Nonetheless, they have something going on right now. ...
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Google breach may have led to sensitive data leaks
Chinese hackers were blamed for breaking into Google's servers in 2010; now, U.S. officials say these cyberattacks may have led to the release of secret government ...
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Acadia raises $115 million
raised $115 million in gross proceeds from its secondary public offering. The biotech company said it sold $9.2 million shares, including 1.2 million sold under a fully exercised option to buy additional ...
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Nuclear commission silent on public hearings issue
Allison M. Macfarlane, the chair of the Nuclear Regulatory Commission, talks about her tour of the troubled San Onofre Nuclear Power Station on Monday Jan. 14, 2013 in San Juan Capistrano, Calif. The plant located between Los Angeles and San Diego hasn't produced electricity in nearly a year, after a tiny radiation leak led to the discovery of excessive wear on hundreds of tubes that carry ...
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170-foot blade breaks off wind turbine
A fallen wind turbine blade at Ocotillo, 70 miles east of San Diego, has curtailed operations worldwide of similar equipment manufactured by ...
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Will park bridge close this weekend
But indications are that the bridge will not close every weekend, starting this week, and perhaps not for months to come because of legal and implementation roadblocks in its ...
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Lew taps government retiree pension fund
WASHINGTON -- Treasury Secretary Jacob Lew says he will begin tapping into two government employee retirement funds to buy more time before the U.S. Treasury is faced with the prospect of defaulting on the national debt.In a letter to congressional leaders, Lew said Monday that he would begin tapping the civil service retirement and disability fund and a similar fund that covers retired postal ...
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Warren Buffett enjoys playing salesman-in-chief
RALSTON, Neb. -- Billionaire Warren Buffett isn't just Berkshire Hathaway's chairman and CEO. He's also the chief salesman.Buffett visited a Dairy Queen in Ralston, Neb., Monday evening to serve up the restaurant chain's new S'mores Blizzard flavor that will be available nationwide June 1. Then he ate ice cream for the cameras.Berkshire owns Minneapolis-based Dairy ...
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Music Mogul Irving Azoff Lays Down $16 Million For Holmby Hills Mansion
recent article in Billboard naming him as THE #1 most powerful. Azoff got his start managing musicians and his former clients list looks like a who's who of the music world, with names such ...
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Mexican Tycoon Carlos Slims TracFone Accuses Activist Group Of Orchestrating A Corporate-Backed Smear Campaign
Two Countries One Voice and its campaign against Slim in the United States of being a corporate smear campaign as opposed to a grassroots movement against the Mexican billionaire's "monopolistic practices", as the group claimed. In a complaint filed Monday with ...
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Carlos Slim Helu family
Mexican telecommunications tycoon Carlos Slim speaks during news conference at the Soumaya museum in Mexico City,Monday, Jan. 14, 2013. Slim announced an educational partnership between his Carlos Slim Foundation with the Khan ...
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Which Corporations Pay The Highest Taxes
The United States has the highest corporate tax rate in the world, at 35%. Add in state and local taxes and it averages 40%. No wonder America's most profitable, highest taxed companies will stop at nothing to keep their earnings overseas and out of the grasp of Uncle Sam. Here's a list of the 25 megacorps that pay megataxes...All data reflects trailing 12 months to April 1, 2013. Via ...
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New York Toys With Out Of State Partner
Broadway on the left of the Flatiron building and Fifth Avenue on the right. (Photo credit: Wikipedia) Out of state investors in real estate partnerships in high tax states sometimes get nasty surprises, particularly if partnership management is not sensitive to their concerns. That appears to be what happened to Craig Olsheim based on a recent decision in ...
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U.S. dollar slips against major currencies
The U.S. dollar retreated against major currencies on Monday after scoring major gains on improved U. S. consumer confidence in the previous ...
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US dollar shares ease on ratings concerns
Australia The Australian dollar was back in favour overnight after the US government was warned it will be downgraded again unless it deals with its debts.Moody's issued a note saying US policy makers risk seeing the country's rating being cut from Aaa to Aa1.Interest in the greenback fell, so the Australian dollar jumped half a cent in overnight trade and was worth 98.04 US cents at ...
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Flickrs new $499.99 per year Doublr service explained
(Credit: Sarah Tew/CNET) Yahoo on Monday increased the amount of storage Flickr users get by 70-fold, and at the same time quietly introduced a new pro tier that costs users 20 times as much as the one it replaces. That ...
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Flickrs free terabyte not big enough
languish with a fresh coat of paint and a free terabyte of space. Too bad today's photo-sharer has found a home elsewhere and is already accustomed to free. Monday at a press event in New York, Yahoo announced major changes ...
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NY official Airbnb stay illegal host fined $2400
(Credit: Screenshot by Donna Tam/CNET) New York City officials have determined that a man who rented out part of his apartment on Airbnb should pay $2,400 for violating the city's illegal hotel law, despite Airbnb stepping in on the host's behalf. The city initially asked host Nigel Warren ...
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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