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Need more positive signs before scaling back stimulus, says Bernanke

Wed, 22 May 2013 17:25:11 -0400

WASHINGTON - Chairman of the Federal Reserve, Ben Bernanke Wednesday said it was too soon to scale back the monetary stimulus and the central bank needs to see further signs of traction before taking a decision. A decision to scale back the $85 billion in bonds the Fed is buying each month could come at one of the central bank's "next few meetings" if the economy looked set to maintain ...

Chidambaram says U.S. Federal Reserves statement misunderstood calls for calm

Thu, 23 May 2013 09:00:01 -0400

Finance Minister P. Chidambaram on Thursday sought to calm stock markets in India after Federal Reserve Chairman Ben Bernanke suggested bond purchases could be scaled back if the U.S. economy improves. Addressing a news conference here, Chidambaram said fears that the Federal Reserve would start reversing its U.S. monetary stimulus programme were being misunderstood in stock market and investor ...

GM recalls nearly 20000 new Cadillac SRX SUVs

Thu, 23 May 2013 04:30:02 -0400

General Motors Corporation said it is recalling nearly 20,000 new Cadillac SRX SUVs for faulty wheel lug nuts, according to a Detroit News report. The Detroit automaker told the National Highway Traffic Safety Administration it is recalling 18,871 2013 SRX SUVs in the US and nearly 1,000 in Canada over concerns that a wheel could eventually fall off, reported Xinhua. GM has been investigating ...

Wheat gains on overseas demand

Thu, 23 May 2013 16:16:37 -0400

NEW YORK -- The price of wheat is rising by the most in two weeks after a U.S. government report showed strong demand for the grain from overseas buyers.Wheat for delivery in July rose 14.75 cents, or 2.1 percent, to $7.0325 a bushel, its biggest advance since May 9.The U.S. Department of Agriculture on Thursday reported orders for a total of 953 tons of wheat in its weekly export sales report. ...

Muni bond investors on edge over tax proposal

Thu, 23 May 2013 16:16:37 -0400

BOSTON -- Municipal bonds continue to provide a reliable refuge from stock market volatility and a steady source of tax-free income.An index of muni bond mutual funds has recently been yielding around 2.18 percent. While that's nothing to brag about, it's a substantially higher yield than the roughly 2 percent that 10-year Treasury bonds offer, without factoring in the tax-exempt ...

Big stores nix credit card settlement file suit

Thu, 23 May 2013 16:16:37 -0400

NEW YORK -- Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing.A larger group of 19 trade associations and retail companies originally filed suit against the card processing companies in 2005, claiming that they conspired to fix the ...

Microsoft expands Windows Azure in Asia Pacific

Thu, 23 May 2013 16:13:02 -0400

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Janet I. ...

Luxury Cruises An Insiders Guide To Crystal Symphonys Cabin Prices

Thu, 23 May 2013 16:12:36 -0400

The Hotel Detective is loath to admit it, but he didn't have to do much Sherlock Holmesing to compile this cabin crib sheet for the Crystal ...

BusinessAviationVoice Is Supersonic Business Travel In Your Future

Thu, 23 May 2013 16:12:35 -0400

Since the demise of Concorde, business travelers have been anticipating a new way to break the time barrier. Even in the most well appointed business jets, those long seven- to 10-hour flights to Europe and the Middle East take their toll on body and soul. Sure, you can work en route, sleep comfortably and be ready to go as soon as the wheels touch down, but wouldn't it be great if that ...

The Cities Winning The Battle For Information Jobs

Thu, 23 May 2013 16:12:35 -0400

The information industry has long been a darling of the media -- no surprise since the media constitutes a major part of this economic sector, which includes publishing, software, entertainment and data processing. Yet until the last few years, it has been a sector in overall decline, with almost 850,000 jobs lost since 2001. The biggest losses have been in telecommunications (half a million jobs ...

Amazons Kindle Fire HD A Stealth BYOD Tablet Competitor

Thu, 23 May 2013 16:12:35 -0400

announced today that its Kindle Fire HD tablet offerings will rocket from availability in just seven markets (U.S., U.K., Germany, France, Spain, Italy and Japan) to 170+ countries in mid-June. The 7" and 8.9" Amazon Kindle Fire HD models have enjoyed great success in the consumer market, as ...

What Hollywood Can Learn From The Fast Furious Franchise

Thu, 23 May 2013 16:12:35 -0400

Less CGI means more exciting stunts. Memorial Day weekend is traditionally one of the most important in Hollywood. The official start of summer (complete with an extra day off) is the perfect time for high-grossing blockbusters. Back in 2009, when the franchise started, no one would have ...

The Conde Nast Startup Story Yahoo Should Study For Tumblr

Thu, 23 May 2013 16:12:34 -0400

's $1.1 billion acquisition of Tumblr on Monday has been the talk of Internet Week in New York, with many such as venture capitalist Eric Hippeau praising the purchase as a victory for the New York tech community. Now comes the hard part as founder David Karp integrates ...

Yahoos Top 10 Biggest Acquisitions

Thu, 23 May 2013 16:12:34 -0400

Yahoo’s biggest acquisition to date took place in 1999 with its purchase of internet video streaming service Broadcast.com for $5.7 billion. Yahoo promised to ';integrate the company's audio and video programming, business services and advertising programs into Yahoo,'; then Yahoo president Jeff Mallett told CNET at the time. Looks like that plan fell through, as ...

Bungie Teases Destiny With A New Trailer Starring Breaking Bads Giancarlo Esposito

Thu, 23 May 2013 16:12:34 -0400

. The latest glimpse of this new world is a combination of live-action and CGI intended to give gamers a sense of the universe they'll be stepping into when the game launches on Xbox 360, PS3, PS4, and Xbox One. Bungie and Activision are also promising some actual gameplay footage at E3, but for now the CG is pretty enough. While I've griped about live-action and CG trailers before, ...

Far Above The World Chris Hadfields Awesome Bowie Cover From Space

Thu, 23 May 2013 16:12:34 -0400

I'm sure everyone's seen this and that, as usual, I'm the last person to pick up on a new cultural meme. (What's this 'Gangnam Style' thing anyway?). But if not, this video is totally awesome. At least for space cadets and Bowie fans like me. It's not too shabby a cover but he made it in space. IN SPACE. If I had $40m, I'd go to the International Space ...

Microsoft to deliver new Kinect for Windows sensor next year

Thu, 23 May 2013 16:11:57 -0400

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Janet I. ...

Ashton Kutcher Media $ Twitter up

Thu, 23 May 2013 16:02:53 -0400

"For lack of a better verb, the media came and @&$#%! [expletive deleted] it up," Kutcher said at the CTIA wireless industry trade show in Las Vegas on Thursday. "When I first got on, it felt like the democratization of media. Now it just feels like ...

Is protecting intellectual property from cyber thieves futile

Thu, 23 May 2013 15:51:38 -0400

Mandiant report earlier in the year linking China's People's Liberation Army ongoing and massive cyberattacks against U.S. corporations, government agencies, universities and other organizations, policy makers and industry experts have been trying to figure out how to better secure their intellectual property against cyberattacks. Call it a work in progress. "The frustration for ...

Google surfaces your photos in search

Thu, 23 May 2013 15:51:37 -0400

(Credit: Google) Looking for a picture you took at your sister's bridal shower? Google's search engine will now help you find it -- so long as you've posted the shot to the company's companion social network. The company announced Thursday that Google+ members can log in to Google.com ...

Facebook users share 1 billion stories through third-party apps

Thu, 23 May 2013 15:51:33 -0400

MENLO PARK, Calif. -- Facebook highlighted its developer platform on Thursday, throwing out some big numbers around how third-party apps benefit from connecting to users through the social network. The social network opened up its platform to independent developers six years ago Friday, Director of Product Manager Doug Purdy told journalists today at a press conference at Facebook's ...

Could storm-chasing UAVs help predict tornadoes

Thu, 23 May 2013 15:51:33 -0400

tornado that rampaged through 17 miles of central Oklahoma, plans for storm-chasing UAVs are taking on new significance. Students at Oklahoma State University have been working on ...

H7N9 flu virus may be able to spread among people

Thu, 23 May 2013 15:04:51 -0400

Working with ferrets, the model for human transmission, the study found the potentially dangerous virus was transmitted by direct contact, but not efficiently through the air. Analyzing the viral gene sequence showed that the virus might have undergone mutations making it more easily transmissible in ...

Late property tax notices to go out

Thu, 23 May 2013 15:04:51 -0400

The county will start to mail out more than 42,000 notices to taxpayers who have failed to pay their property taxes, said the San Diego County treasurer-tax collector's office on Thursday. The amount in unpaid taxes and late fees totals $94.1 ...

Top 50 highest-paid CEOs

Thu, 23 May 2013 15:00:38 -0400

A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar.1. Leslie Moonves, CBS, $60.3 million, down 12 percent2. David Zaslav, Discovery Communications, $49.9 million, down 5 percent 3. Bob Iger, Disney, $37.1 million, up 18 percent4. Philippe Dauman, Viacom, $33.4 million, down 22 percent5. John Donahoe, eBay, $29.7 million, up 81 percent6. Brian ...

Fidelity 401 Balances Reach Record Highs

Thu, 23 May 2013 14:56:05 -0400

Photo credit: Wikipedia Have you checked your 401(k) balance lately? You might be in for a pleasant surprise. Average 401(k) balances reached record highs at the end of the first quarter, according ...

You Suck Now Subscribe Why Bloombergs Shame-Based Millennial Ad Campaign Misses The Mark

Thu, 23 May 2013 14:56:04 -0400

Image credit: AFP/Getty Images via @daylife While shame-based conditioning might work when it comes to teaching your new rottweiler puppy not to go pee-pee on the hall rug, Bloomberg Businessweek is betting it will also help them recruit a new generation of subscribers. The business news titan ...

CEOs are Terrible at Management Study Finds

Thu, 23 May 2013 14:56:04 -0400

Yahoo CEO Marissa Mayer: Is she listening to people inside her company? (Image credit: Getty Images via @daylife) A new study shows that CEOs are doing a lousy job when it comes to people management. The study, a joint project by the Center for Leadership Development and Research at Stanford's Graduate School of Business, Stanford's Rock Center for Corporate Governance and The Miles ...

Samsung Galaxy S4 Changes The Game For Electronic Arts

Thu, 23 May 2013 14:56:04 -0400

With much of the gaming world still focused on Microsoft's Xbox One and Sony's PlayStation 4, there's a brand new gaming device that is out right now. You don't have to wait until this fall to experience the next generation of mobile gaming on the Samsung Galaxy S4. There's a large library of games from top publishers, including Electronic Arts. And many game developers, ...

BusinessAviationVoice Superfluous Luxury Or Tool For Growth

Thu, 23 May 2013 14:56:04 -0400

Photo: Honeywell Aerospace As representatives of business aviation organizations from around the world gathered for a forum at the European Business Aviation Convention (EBACE), the primary discussion hinged around the misconception of business aircraft as an unnecessary luxury versus an essential tool for corporate growth. While statistical evidence unquestionably confirms that businesses of ...

St. Louis Social Media-Driven Saga of Larry Conners and KMOV

Thu, 23 May 2013 14:56:03 -0400

affiliate KMOV-TV, let's recap. After the news broke about the IRS targeting Tea Party groups during the 2012 election, Conners, the longtime KMOV anchor, hopped on his ...

Deconstructing Googles Strategy Will Google Eat Your Business Next

Thu, 23 May 2013 14:56:03 -0400

Beliebers follow Justin?" I deadpanned. Unamused, he continued, "I think Google plans to get into our space. They could put us out of business." As I talked him down from a mild case of Googlephobia, I flashed back to a dozen similar conversations with executives and entrepreneurs. It's easy to get caught up ...

Earliest Known Patek Philippe Grand Complication May Fetch $1.5M At Auction

Thu, 23 May 2013 14:56:03 -0400

Patek Philippe Grand Complication No. 97912 as the highlight of its New York Important Watches auction on June 11. It is estimated to fetch $1 to $1.5 million. This 18k pink gold openface watch is a minute repeating perpetual calendar split-seconds chronograph clockwatch with grande and petite sonnerie and moon phases, manufactured in 1898. It has never before seen in public and it is the first ...

Apples Cook on Taxes Being an American Innovator Transcript of Senate Testimony

Thu, 23 May 2013 14:56:03 -0400

released transcripts of the statements made by CEO Tim Cook before a U.S. Senate subcommittee earlier this week, during which the bi-partisan group accused the tech giant of stashing its cash overseas in order to avoid paying billions of dollars in U.S. taxes. Cook, joined by Apple CFO Peter Oppenheimer and the company's tax chief Phillip Bullock, countered those claims by saying the maker ...

Troubled Visa Settlement Takes Another Hit As Retailers File Own Suit

Thu, 23 May 2013 14:56:01 -0400

Can't live with 'em... (Image credit: AFP/Getty Images via @daylife) A $7 billion antitrust settlement over credit-card processing fees that critics say would make things worse for retailers suffered another insult today ...

Microsoft Introduces the Surface Tablet

Thu, 23 May 2013 14:56:00 -0400

The new Microsoft Surface tablet on display following a press conference at Pier 57 to officially launch Windows 8 and the tablet in New York on October 25, ...

Interviewing With A Friend 5 Rules To Follow

Thu, 23 May 2013 14:56:00 -0400

As if interviewing isn't awkward enough, imagine what it's like to run through the typical 20 questions with a good friend. She asks, "Where do you see yourself in 10 years?"--because she has to. You answer with your pre-rehearsed response--because you have to. Both of you know that the real answer is: ...

Can Microsofts Kinect finally deliver for gamers

Thu, 23 May 2013 14:46:28 -0400

original Kinect and promised next-level gaming free of controllers. What happened? It turned out that the Kinect hardware wasn't quite as advanced as we ...

Is bond bubble losing air

Thu, 23 May 2013 14:46:17 -0400

amount of bonds the Fed buys each month within "a few meetings," while minutes from the Fed's latest policy meeting showed that some central bank members were willing to dial down the Fed's bond-buying program as soon as June. "We can call Bernanke the Hamlet Fed chairman," said Jonathan Lewis, chief investment officer at Samson Capital Advisors. "He is ...

McDonalds gives Charles Ramsey free food for a year

Thu, 23 May 2013 14:46:17 -0400

The big burger gift comes after Ramsey repeated, in interview after interview, that he had gone to McDonald's before rescuing the women and rushed to their aid carrying ...

EU plans $6.4 billion effort to boost chip manufacturing

Thu, 23 May 2013 14:42:23 -0400

The European Commission is spending 5 billion euros to coordinate and advance the processor industry in Europe. The goal: a fifth of worldwide ...

Pad this Apple Microsoft blasts iPad yet again in new ad

Thu, 23 May 2013 14:42:23 -0400

After getting Siri to do its critical work, Microsoft releases another ad comparing the iPad and Windows 8 tablet. Guess which comes out looking ...

London police arrest 2 more over soldier’s murder

Thu, 23 May 2013 14:37:21 -0400

LONDON (MarketWatch) --Police here late Thursday said they have arrested two more individuals as part of an investigation into Wednesday's brutal murder of a British soldier near an army ...

3 senior SAC executives receive subpoenas

Thu, 23 May 2013 14:37:20 -0400

NEW YORK (MarketWatch) -- Three senior executives at SAC Capital Advisors LP, including the firm's president and chief compliance officer, received subpoenas as part of the government's insider-trading investigation, according to people familiar with the ...

Missing the Xserve Sonnet has a rack-mounted answer

Thu, 23 May 2013 14:34:19 -0400

Apple's Xserve computers were a rack-mountable line of Macintosh systems designed for enterprise use; however, in 2011 Apple abandoned the project, leaving only its Mac Pro and Mac Mini with available server options. Though anyone can download the OS X Server tools from the Mac App Store and convert any current Mac into a server system, some may wish to get a rack-mounted setup going again. ...

Search is on for lost first draft of first Web page

Thu, 23 May 2013 14:34:18 -0400

(Credit: CERN) The first draft of the World Wide Web has gone missing, with perhaps one of the only copies of the very first Web site floating around the world's drawers or attics on a floppy disk ...

Apples WWDC keynote scheduled for June 10

Thu, 23 May 2013 14:34:18 -0400

Worldwide Developers Conference will kick off on June 10, the first day of the week-long conference. This is typically when the keynote occurs, with the rest of the week consisting of sessions for developers, along with events held at Apple's headquarters in Cupertino, Calif., and other parts of the Moscone Center in San Francisco, where WWDC is taking ...

Ashton Kutcher on why Twitter is messed up and more

Thu, 23 May 2013 14:34:17 -0400

(Credit: Jessica Dolcourt/CNET) LAS VEGAS--Ashton Kutcher is angry at the state of Twitter. "Media kind of f*cked it up," Kutcher said during his fireside chat at ...

Cute 4-year-old Marvel trivia whiz shows off her skills

Thu, 23 May 2013 14:34:15 -0400

It's doesn't get much more geek-adorable than watching a 4-year-old girl casually toss out answers to Marvel trivia questions while cruising in a ...

Bezos Forget profits for now were still spending

Thu, 23 May 2013 14:34:14 -0400

Amazon's Jeff Bezos at an event launching Kindle electronic readers in Santa Monica, Calif., last September. SEATTLE -- Since its earliest days, Amazon has put investing in new business ahead of expanding its profit margins, often to shareholder chagrin. At the company's annual meeting here today, Chief Executive Jeff Bezos repeated the mantra, and listed more than a dozen areas into ...

Another busy hurricane season expected this year for US with 13 to 20 named storms

Thu, 23 May 2013 14:33:30 -0400

FILE - In this Aug. 30, 2012 file photo, residents evacuate their flooded neighborhood in LaPlace, La. as Hurricane Isaac staggered toward central Louisiana, its weakening winds driving storm surge into portions of the coast and the River Parishes between New Orleans and Baton Rouge. Federal forecasters are predicting yet another busy hurricane season. The outlook on Thursday, May 23, 2013 calls ...

Stocks mixed as investors reassess Fed worries

Thu, 23 May 2013 13:47:14 -0400

Investors recovered their poise by midday Thursday after an early sell-off sent stocks sharply lower.U.S. markets fell immediately after the opening bell following a global slump prompted in part by an unexpectedly weak report on manufacturing in China. Concern that the Federal Reserve might ease back on its economic stimulus program sooner than expected had also riled investors.Any pullback, or ...

Shareholder adviser firm paying $300000 fine

Thu, 23 May 2013 13:42:09 -0400

WASHINGTON -- A well-known firm that advises big shareholders on how to vote in elections for company directors is paying a $300,000 fine to settle federal civil charges of failing to protect clients' confidential voting information.Institutional Shareholder Services agreed to the penalty in a settlement announced Thursday with the Securities and Exchange Commission. The firm, based in ...

Market Extra Market carnage underlines dangers of overcrowding

Thu, 23 May 2013 13:41:47 -0400

NEW YORK (MarketWatch) -- Japan's stock market plunge, a sharp rebound by the yen, and even the temporary whack taken by major U.S. indexes on Thursday all help demonstrate what happens when trades get too ...

Energy Stocks Energy stocks decline Marathon asset sale fizzles

Thu, 23 May 2013 13:41:46 -0400

-0.34% declined 0.4%. Marathon on Thursday said a deal to sell its 20% stake in the Canadian oil sands fell through and talks with a potential buyer have ...

Killer Video Game Targets Lakshmi Mittal

Thu, 23 May 2013 13:38:07 -0400

ArcelorMittal's workers demonstrate in front of a poster of Indian steel magmate Lakshmi Mittal at the entrance of the plant of Basse-Indre on December 10, 2012 in Indre, western France, to protest against the transfer of a part of their activity to the group's plant in Florange. (Image credit: AFP/Getty Images via @daylife) Steel ...

CenturyLinkVoice Public Private Hybrid Why it Takes All Types to Answer What is Cloud

Thu, 23 May 2013 13:38:07 -0400

What is cloud? " and you'll get a handful of different answers. But the responses will likely all relate back to three key models: Public cloud, private cloud and hybrid cloud. Businesses need to be aware of how these models can fit into their strategies. We know from ...

Issa To Force Testimony Of IRS Official Who Took The Fifth-Contempt Of Congress And Court Battle Likely To Follow

Thu, 23 May 2013 13:38:05 -0400

Politico , House Oversight Committee Chairman Darrell Issa has decided that he will recall IRS employee Lois Lerner before his committee and seek to force her to answer questions about the IRS's practice of targeting political organizations seeking tax exempt status as a 501(c)(4) organization. Issa has decided to go forward with the examination under the theory that Ms. Lerner waived her ...

The Subtle Success Of Basketball IQ. LeBron James On Display In Victory Over The Pacers

Thu, 23 May 2013 13:38:05 -0400

MIAMI, FL - MAY 22: LeBron James #6 of the Miami Heat posts up Paul George #24 of the Indiana Pacers during Game Five of the Eastern Conference Semifinals in the 2012 NBA Playoffs at AmericanAirlines Arena on May 22, 2012 in Miami, Florida. (Image credit: Getty Images via @daylife) Indiana Pacer forward Paul George has ...

What Microsofts Clever New Im A PC Im An iPad Spot Says About The Company

Thu, 23 May 2013 13:38:05 -0400

's largely unsuccessful 8-month campaign to market Windows 8 and its new Surface tablets got a reboot at last with a new spot that takes direct aim ...

Retirement Youre On Your Own

Thu, 23 May 2013 13:38:05 -0400

Not sure if your retirement is on track? You're not alone. The popular press is awash with statistics and stories about how individuals are being forced to delay their retirement. For most of us, the days of retiring at age 65 with a gold watch and a guaranteed lifetime pension (a.k.a. a 'defined benefit') are long gone. We have 'defined contribution' retirement plans ...

Will Sprints Final Clearwire Offer Seal The Deal

Thu, 23 May 2013 13:38:04 -0400

Sprint raised its bid for Clearwire Tuesday in a last-ditch attempt to win over the company's remaining shareholders who have been clamoring for a better deal. The improved bid stands at $3.40 per share - a 14% premium over its previous bid of $2.97 per share. It also beats Dish Network's competing bid of $3.30 per share offered in January. Sprint said that the sweetened offer was its ...

Do You Have ADHD

Thu, 23 May 2013 13:38:04 -0400

attention deficit hyperactivity disorder and a learning disability. (The two commonly go hand in hand.) When a pediatrician explained ADHD to Angelina, she wondered whether she could possibly have it herself. But she had always heard ADHD mostly affected hyperactive little boys. What was clear, though, was that her own traits were impacting her ability to function. The amount of effort she had to ...

Rand Paul Is Right Republicans Need A Crash Hipster Outreach Program

Thu, 23 May 2013 13:38:02 -0400

reports , star Senator Rand Paul chose Concord, New Hampshire to make his latest call for a bigger GOP tent. But this time, Paul is swinging for the fences. He wants Republican ...

Wagging the Dog Why Fed Fears Wall St.

Thu, 23 May 2013 13:35:46 -0400

the equity market has been a furtive goal of monetary policy--generally not part of Open Market Committee discussions but never far from mind. That surreptitious relationship came further into the open at the April 30-May 1 meeting, when Fed members discussed Wall Street expectations for the historically high level ...

Three More SAC Executives Subpoenaed

Thu, 23 May 2013 13:35:46 -0400

Three more senior executives at SAC Capital Advisors have received subpoenas to testify before a grand jury in the government's investigation into alleged insider trading at the hedge fund, Dow Jones reported. ...

Microsoft to take Bing deeper into Windows Blue Xbox One

Thu, 23 May 2013 13:25:49 -0400

Microsoft's Bing is morphing from a "mere" search engine into more of a service that will power next-generation devices -- Windows Blue PCs and tablets, as well as the Xbox ...

Market Snapshot U.S. stocks shake off worst of drop H-P rallies

Thu, 23 May 2013 13:21:09 -0400

NEW YORK (MarketWatch) -- U.S. stocks fluctuated between small gains and losses on Thursday after Japanese equities dived overnight, as global markets reacted to weak Chinese manufacturing data and worries about the Federal Reserve potentially tapering its bond-buying ...

Darrell Delamaides Political Capital Bernanke to Congress You’re killing us

Thu, 23 May 2013 13:21:07 -0400

WASHINGTON (MarketWatch) -- Investors understandably paid more attention to Ben Bernanke's views on monetary policy when he testified in Congress this week than to his thoughts on fiscal ...

J.J. Zhangs Winner Take All Why the pay-TV model faces a millennial threat

Thu, 23 May 2013 13:21:07 -0400

J.J. Zhang is a chemical engineer and amateur financial adviser who was the winner in MarketWatch's second annual World's Next Great Investing Columnist contest. He runs the ...

Bond Report Treasurys give up gains as equities recover

Thu, 23 May 2013 13:21:05 -0400

NEW YORK (MarketWatch) -- Treasurys lost most of their early gains Thursday as stocks recovered from a sharp morning drop on improving economic ...

3D-printed airway splint saves babys life

Thu, 23 May 2013 13:17:50 -0400

A rare condition caused Kaiba Gionfriddo's airway to collapse and stopped him from breathing, so doctors created a splint that's supposed to reabsorb into his body as his windpipe grows in a healthy ...

Broadcom unveils new 5G Wi-Fi chips for PCs tablets phones

Thu, 23 May 2013 13:17:49 -0400

Combo chips offer Wi-Fi, Bluetooth, and FM radio all in one package. This second generation of 5G Wi-Fi chips includes the same features as Broadcom's current lineup but integrates more components to keep costs ...

Facebook halts U.K. release of HTC First as it remodels Home

Thu, 23 May 2013 13:17:48 -0400

(Credit: Josh Miller/CNET) Facebook Home is officially in remodel mode. The social network said Thursday that it has decided to halt the U.K. release of ...

Twitter amps up program to display videos in your timeline

Thu, 23 May 2013 13:17:47 -0400

(Credit: Screenshot by Lance Whitney/CNET) Twitter users may see more videos start to pop up in their timelines. The microblogging site has already worked with companies to display videos in their tweets. ESPN and Ford Fusion teamed up to show instant replays in tweets during college football games. Turner Sports, the NCAA, AT&T, and Coke Zero united to tweet real-time video highlights ...

New antibody technology discovers drugs rapidly

Thu, 23 May 2013 12:30:09 -0400

The technology rapidly finds antibodies that can perform a variety of cellular functions, such as stimulating the growth of blood cells, modifying stem cells or imitating hormones. These are things antibodies don't normally do. In nature; these large protein molecules are made by certain white blood cells to fight invading ...

Rue21 agrees to go private in nearly $1B deal

Thu, 23 May 2013 12:24:38 -0400

NEW YORK - Clothing and accessories company Rue21 has agreed to be taken private in nearly $1 billion deal with private equity firm Apax Partners.Shares hit an all-time high Thursday.Apax will pay $42 per share, a 23 percent premium to Rue21 Inc.'s Wednesday closing price of $34.12. The companies put the deal's total value at $1.1 billion.Rue21 has about 23.7 million outstanding shares, ...

Say on pay Shareholders rarely reject CEO pay

Thu, 23 May 2013 12:24:36 -0400

Big U.S. companies are required to offer their shareholders a "say on pay" vote - essentially, a chance to weigh in on whether they think the CEO and other top executives are getting paid too much.Shareholders have rejected pay packages less than 3 percent of the time, experts estimate. The votes are non-binding, which means companies don't have to follow shareholders' wishes. ...

CEO raises pay cuts What a change 1 year makes

Thu, 23 May 2013 12:24:35 -0400

Here's a look at the CEOs that received the biggest raises and the biggest pay cuts in 2012 compared with 2011, as calculated by the executive pay research firm Equilar and The Associated Press.Whose pay rose the most:1. Ronald Havner Jr., Public Storage, $15.4 million, up 456 percent2. Dara Khosrowshahi, Expedia, $14.4 million, up 309 percent3. Ralph Izzo, Public Service Enterprise Group ...

Microsoft mouse gets Windows 8 Start button

Thu, 23 May 2013 12:22:48 -0400

In the meantime the company is releasing a new computer mouse with a dedicated ';Start'; button, just behindits scroll wheel. The blue Windows button on the Sculpt Mobile Mouse launches the tiled home screen of Windows 8, which the company calls the ';Start screen.'; Used withWindows 7, the button launches the traditional ';Start'; menu. Presumablyit may be ...

Gary Keller How To Find Your One Thing

Thu, 23 May 2013 12:21:58 -0400

Keller Williams Realty, Inc. , one of the largest real estate companies in the world. He is an Ernst & Young Entrepreneur of the Year and finalist for Inc. Magazine's Entrepreneur of the Year. He has helped many small business owners and entrepreneurs find success through four nationally bestselling ...

Lyft Raises $60 Million As Ride Sharing Competition Heats Up

Thu, 23 May 2013 12:21:58 -0400

Lyft has raised $60 million in Series C financing led by Andreessen Horowitz. The funding, designed to accelerate growth, ups the ante against other competitors such as Sidecar and Uber that are each trying to grab a piece of the quickly ...

Holiday Weekends -- and why they matter to your business

Thu, 23 May 2013 12:21:58 -0400

PYRAMID LAKE BEACH ON MEMORIAL DAY WEEKEND - NARA - 553133 (Photo credit: Wikipedia) This Monday, our nation collectively pauses to honor the memory of fallen soldiers. Schools close, mail isn't delivered, and government offices lock their doors for the day. Do you shut down and recharge your batteries? If not, you should. It sounds counter-intuitive at first, especially to someone running ...

Laurence Tureauds Enduring Brand

Thu, 23 May 2013 12:21:58 -0400

Laurence Tureaud turned 61. You know him. Everyone knows him. Let me refresh your memory: First name, Mr; Middle name, period; Last name, T. The artist formerly known as Tureaud is of course Mr. T, and during this week of his birth, let's reflect on the endurance of his brand over the last quarter ...

How the Hidden Structures of Competition Drive Your Companys Strategic Decisions

Thu, 23 May 2013 12:21:57 -0400

In our behaviour and beliefs, we are influenced by various hidden structures and characteristics of the people surrounding us. Over the past decades, for example, hundreds of studies on social networks and "small worlds" have shown that with whom you have had prior relationships, and how these people relate to each other, influences the information we receive, how much personal power we ...

Craigslists Anti-Consumer Lawsuit Threatens to Break Internet Law

Thu, 23 May 2013 12:21:57 -0400

Craigslist takes steps that aren't clearly in their users' interests -especially when Craigslist initiates a lawsuit (as opposed to defending lawsuits brought against it). ...

3 Reasons To Avoid Panic Selling

Thu, 23 May 2013 12:21:56 -0400

Wednesday was one of the widest ranging days since the middle of April with a 277 point range in the Dow Industrials and 41 points in the S&P 500. The overnight selling in Asia was exacerbated by a drop in preliminary readings on Chinese manufacturing. The European markets are also down sharply with the German DAX Index down 2.6% in early trading and the US futures are sharply lower ahead of ...

Newly Insured Good Luck Finding Healthcare

Thu, 23 May 2013 12:21:56 -0400

This October, millions of Americans will have the opportunity-nay, the legal obligation-to sign up for health insurance. And beginning Jan. 1, where will the newly insured go to get their healthcare? According to a new survey of slightly more than 5,000 physicians, not to them. Or more precisely, almost half said they would not be able to accept newly insured patients. The impact of the Patient ...

The 3 Pillars of SEO in 2013 Content Links and Social Media

Thu, 23 May 2013 12:21:55 -0400

A good SEO strategy is the difference between your business easily being found online and getting lost in the noise of thousands of other businesses trying to stand out. With Google's ever-changing algorithm, it can be difficult to know what's effective here and now. In 2013, success in SEO hinges on businesses putting together a robust combination strategy that brings together an ...

Update The Bathroom With Living Room Furnishes

Thu, 23 May 2013 12:21:55 -0400

Just because the bathroom is utilitarian, doesn't mean it should be lacking in style. More and more, homeowners are furnishing the bath, doing more than just buying towels and a shower curtain. The result is a stylish space more like the living room than ...

Finding Income In A Zero Rate Environment

Thu, 23 May 2013 12:21:55 -0400

The Federal Reserve seems to be the enemy of savers and the enabler of a government addicted to debt. Its zero-interest-rate policy accommodates deficit spending at the expense of people who want to put their money somewhere safe and collect a decent income stream. These days you need to take on risk if you want respectable yields, a fact probably not lost on Fed ...

Golden Seeder How Angel Audrey MacLean Invests Like An Entrepreneur

Thu, 23 May 2013 12:21:53 -0400

Internet ," says MacLean, who, at 61, is one of the nation's most seasoned, well-connected and successful angel investors. That's consistent with the view she's held for at least 15 ...

The Warning Signs Ahead of Nikkei Selloff

Thu, 23 May 2013 12:19:32 -0400

A perfect storm of yen strength, a spike in Japanese government bond yields and new evidence of weakness in China's economy sparked a major sell-off in Japan's equity markets on ...

US stock market recovers most of an early loss

Thu, 23 May 2013 12:16:34 -0400

(AP Photo/Richard Drew). Trader Stephen Gilmartin, left, and Andrew Silverman confer as they work on the floor of the New York Stock Exchange Thursday, May 23, ...

Amazons Kindle Worlds lets fan fiction writers sell their stories

Thu, 23 May 2013 12:12:04 -0400

Fan fiction, in which aficionados of existing books and movies write characters into new storylines, has long been popular fodder on Internet forums -- but stories based on copyrighted works are essentially impossible to sell. Amazon wants to change that with its new "Kindle Worlds" ...

Microsoft recruits Siri to bash Apple in new commercial

Thu, 23 May 2013 12:03:11 -0400

took aim at Apple and started to mock its products and users. Now, it appears Microsoft is going to try to take the same road to riches with Windows 8 and Windows RT. Alongside a new campaign that compares Windows RT tablets like the ASUS VivoTab Smart to the competition, Microsoft has debuted a clever ad that pits Apple's iPad against Windows RT. As the commercial shows off various ...

Help protect yourself from signed malware in OS X

Thu, 23 May 2013 12:01:30 -0400

With the discovery of malware signed with a valid Apple ID, here are some steps you can take to help prevent the remote chance of any such programs infecting your ...

Yahoos at it again with gaming platform acquisition

Thu, 23 May 2013 12:01:29 -0400

(Credit: PlayerScale) Yahoo's at it again. The online giant has made another acquisition only days after reaching a deal to buy Tumblr. This time around, Yahoo is expanding in the gaming arena with the purchase ...

The wide world of hacking in China

Thu, 23 May 2013 12:01:29 -0400

The Chinese have been known to be experts at hacking for quite some time. But what might surprise some is that it's an epidemic across the country in all levels of ...

ATT nabs Samsung Galaxy S4 exclusively in red

Thu, 23 May 2013 12:01:28 -0400

Samsung Galaxy S4's latest hue. The Aurora Red shade of the 16GB Galaxy S4 goes on sale to AT&T customers starting June 14, though pre-orders begin May 24. AT&T seems to have a special affinity for red shades; just about a year ago it ...

Girls winning Google Doodle shows her dad home from war

Thu, 23 May 2013 12:01:27 -0400

(Credit: Screenshot by Lance Whitney/CNET) A picture depicting a girl's reunion with her father returning from war has won the top award in a Google Doodle contest. On display Thursday ...

Stocks fall on Fed weak Chinese manufacturing

Thu, 23 May 2013 11:16:17 -0400

NEW YORK -; Stocks fell in early trading, extending a sell-off that began Wednesday afternoon, after Chinese manufacturing unexpectedly contracted and on concern that the Federal Reserve may ease back on its stimulus ...

What to know about refinancing

Thu, 23 May 2013 11:16:08 -0400

The housing market is soaring in part because mortgage rates have never been this low. However, rates have been slowly climbing back up with the improvement of the economy and better-than-expected jobless claims. Refinancing and lowering your rate can be a great way to increase cash flow if you are planning on holding onto the property as a long-term investment ...

Apricus sets offering price at $17.1 million

Thu, 23 May 2013 11:16:07 -0400

The shares include warrants to buy up to 3 million shares at an exercise price of $3.40 per share. Apricus has given underwriters a 30-day option to buy up to an additional 900,000 shares and warrants to buy up to an additional 450,000 shares to cover over-allotments, if ...

Sales gains lift Dollar Trees 1Q profit 15 pct

Thu, 23 May 2013 11:12:27 -0400

RICHMOND, Va. -- Discount retailer Dollar Tree Inc. said Thursday that its net income increased 15 percent in the first quarter as consumers spent more at its stores, which sell goods for $1 or less.The results beat Wall Street expectations, and its shares rose almost 5 percent in morning trading.Dollar stores offer a wide variety of products, from beach toys to vitamins. They have done well ...

Financial Stocks Citi leads financial stocks lower

Thu, 23 May 2013 11:12:04 -0400

NEW YORK (MarketWatch) - Financial stocks tipped lower Thursday, tracking a drop in the broader global equities markets on concerns the Federal Reserve will reduce its bond-buying program and a drop in China's manufacturing index for ...

Tech Stocks H-P a big gainer as other techs trim losses

Thu, 23 May 2013 11:12:03 -0400

SAN FRANCISCO (MarketWatch) -- Hewlett-Packard Co. shares flexed their muscles, and some other tech stocks advanced as the sector tried to pull itself out from big, early losses spurred by negative reaction to a slate of economic ...

Bond Report Treasurys benefit from flight-to-safety bid

Thu, 23 May 2013 11:12:03 -0400

NEW YORK (MarketWatch) -- Treasurys were beneficiaries of investors' flight to safety on Thursday as global stock markets posted sharp losses, but lost most of their gains as the day wore ...

Billionaire Steve Cases Startup America Goes Global

Thu, 23 May 2013 11:08:32 -0400

Steve Case , announced today that is teaming up with Startup Weekend to found UP Global, an organization aimed at supporting entrepreneurial communities throughout the world. UP Global will draw on the institutional knowledge of Case's Startup America and the 100,000 alumni base of Startup Weekend, situated in more than 100 countries, with the hope of building support and momentum for ...

Is K-12 Blended Learning Disruptive

Thu, 23 May 2013 11:08:31 -0400

me in writing this paper, which takes a different approach from our past discussions of blended learning. Whereas our past work took a descriptive approach in defining blended learning, in this paper we analyze blended learning for the first time through the lens ...

Up And Comers The Agrawal Twins Reshma Saujani And Rachel Shechtman

Thu, 23 May 2013 11:08:31 -0400

New York-based nonprofit Girls Who Code has a plan to up the number of women in the tech industry: Hook them when they're young. Last spring Reshma Saujani, 37, launched the eight-week program, which immerses 13- to 17-year-old girls in robotics, Web design, mobile apps and software programming, and provides mentoring by some of tech's top female engineers and programmers. Sponsors ...

Dave Kerpen How To Be A Likeable CEO

Thu, 23 May 2013 11:08:31 -0400

Likeable Local , a social media software startup for small businesses, as well as the chairman and former CEO of Likeable Media.?? Likeable Media was named to both the 2011 and 2012 Inc. 500 list of fastest growing private companies in the United States. In 2012 Likeable Media was named one of Crain's Best Places to Work in New York City. His clients include Verizon, 1-800 Flowers.com, ...

Meet New Ashoka Fellow Cristi Hegranes

Thu, 23 May 2013 11:08:31 -0400

Susan Sygall . Every day this week, we'll publish a new Fellow profile and an accompanying video so you can get to know them and discover their ...

Why I Still Buy Apple

Thu, 23 May 2013 11:08:30 -0400

my iPhone is increasingly becoming a Google phone . The things I value most, such as the browser and maps, come from Mountain View, not ...

Dont Forget IRS To Shut Down Tomorrow

Thu, 23 May 2013 11:08:30 -0400

due to sequestration . What this means is that IRS will effectively shut down on those days. All IRS offices, including taxpayer assistance centers, will be closed. No employees will report to work (they are furloughed without pay) so that means no answers to your phone calls or correspondences. No tax returns will be processed and no electronically filed returns will be accepted or ...

Three Books You Should Check Out This Spring From James Salter Jonathan Rowe And James Prosek

Thu, 23 May 2013 11:08:30 -0400

A Sport and a Pastim e is another masterpiece, and established Salter as maybe our best (and classiest) erotic novelist. All That Is is the soon to be 88 year-old Salter's seventh novel. The story of a man named Philip Bowman is told in spare and compact language (unusual for Salter), but is remains potent. We join Bowman off Okinawa during World War II, where he is a naval officer. The ...

Is Japan The New Apple

Thu, 23 May 2013 11:08:29 -0400

Prime Minister Shinzo Abe of Japan, Saturday, Sept. 8, 2007, in Sydney. (Photo credit: Wikipedia) Many big hedge fund investors have in recent years had a very hard time keeping up with the U.S. stock market and other financial benchmarks against which they are judged. The big market drop in Japan will probably make things even harder for some of ...

MD Opts Out and Its Working

Thu, 23 May 2013 11:08:28 -0400

As William Gibson said, "The future is here. It's just unevenly distributed." With the success of physicians such as Rob Lamberts, it won't be long before it moves mainstream. Working for your patients rather than insurance companies can be freeing. With primary care, that is an option. After all, we don't pull out our State Farm card for a visit to the auto mechanic. Why ...

Deal Nears to Buy Lender Processing

Thu, 23 May 2013 11:06:05 -0400

Lender Processing Services , a source familiar with the matter said. The deal, worth about $2.9 billion, would value Lender Processing shares at around $33 per ...

New home sales rise

Thu, 23 May 2013 10:59:03 -0400

New homes sold at an annual pace of 454,000 in the month, up 2% from March, and a 13% jump from the year earlier sales pace. Sales readings for the previous three months were also all revised ...

Whos the killer employee under Obamacare No. 50 or 51

Thu, 23 May 2013 10:59:03 -0400

The employer mandate under Obamacare is clear: Starting in 2014, "large employers" with 50 or more full-time employees must start providing ...

Chrysler jabs Tesla over loan repayment

Thu, 23 May 2013 10:59:03 -0400

Sergio Marchionne, left, the CEO of Chrysler Group and Fiat, isn't happy by the claim of Tesla CEO Elon Musk that Tesla is the first automaker to repay all of its ...

Movers Shakers Thursday’s movers Hewlett-Packard leads SP 500

Thu, 23 May 2013 10:50:58 -0400

SAN FRANCISCO (MarketWatch) -- Hewlett-Packard Co. is back on top again on Thursday, leading the S&P 500, as the stock surged 13% in the wake of better-than-expected quarterly ...

Futures Movers Oil at three-week low on weak China data

Thu, 23 May 2013 10:50:57 -0400

SAN FRANCISCO (MarketWatch) -- Oil futures headed lower for a third session in a row on Thursday, as weak Chinese manufacturing data dulled prospects for energy demand and set prices up for their lowest close in three ...

Economic Report April new-home sales second-best since recession

Thu, 23 May 2013 10:50:56 -0400

WASHINGTON (MarketWatch) -- Sales of new U.S. homes edged up in April to the second-highest post-recession level, as pent-up demand, low interest rates and tight inventories of older homes lifted ...

Get a high-capacity portable battery pack for $19.99 shipped

Thu, 23 May 2013 10:48:29 -0400

(Credit: Tumbletrade.com) One thing I learned during my recent travels is that you can never have enough juice for your mobile gadgets. For example, if you're relying on your smartphone for GPS navigation in an unfamiliar city, you don't need the added stress of a low or dead battery. Solution: pack a power pack. Like this one: Tumbletrade.com has ...

Kim Dotcom threatens to sue Twitter others over patent

Thu, 23 May 2013 10:48:28 -0400

The controversial MegaUpload founder claims he holds the patent for two-factor authentication and all he wants from the tech companies is money for his ...

Solar Impulse flies 957 miles to set world record

Thu, 23 May 2013 10:48:27 -0400

(Credit: Solar Impulse) The solar-powered Solar Impulse plane has set a world's record, and its journey across America still has a few more legs to go. Flying the second and longest leg of the journey, pilot Andre Borschberg landed the plane in Dallas/Fort Worth on Thursday, achieving a record for the longest distance flown by a solar-powered aircraft. The 1,541 kilometers (957 miles ...

HP revives one of our favorite laptops plus new Envy Pavilion systems

Thu, 23 May 2013 10:48:26 -0400

more interesting Rove 20 tabletop PC , HP has also announced revisions to the rest of its Pavilion and Envy laptop lineups. However, included in this bundle is one product that caught our eye -- an update to one of our favorite laptops. The new HP Pavilion 11 TouchSmart, an 11-inch semi-sequel to the low-cost, ...

Verizons Galaxy S4 gets rooted almost instantly

Thu, 23 May 2013 10:48:25 -0400

Android devices were rooted for the first time. Now, directions for gaining root access comes almost automatically thanks to an army of developers and plenty of misgivings about the shackles placed on the operating system by carriers and manufacturers. Of course, as the rooting rate has increased these past few years, carriers ...

U.S. manufacturing index slips in May

Thu, 23 May 2013 10:40:09 -0400

The pace of U.S. manufacturing growth in May slowed marginally from April, Markit Economics data released Tuesday indicates. It was the second consecutive month in which the pace of growth slowed, the research firm said. Markit, however, noted that the critical new orders index for manufacturers rose in the month. The figures released Thursday are considered a flash estimate and could be ...

Heart failure drug passes Phase 2 trials

Thu, 23 May 2013 10:03:19 -0400

An experimental heart failure drug being developed by Zensun Sci & Tech improved heart function in five Phase 2 clinical trials, the biotech company said ...

Makers Quarter Preview look

Thu, 23 May 2013 10:03:19 -0400

Makers Mark, located south of City College, would include 2.9 million square feet of residential, office, retail and cultural uses, built around a plaza and East Village Green at a cost of about $900 million in present ...

Embryonic stem cell breakthrough questioned

Thu, 23 May 2013 10:03:17 -0400

The study said nuclei from skin cells were inserted into human egg cells and the chimeric egg cell was manipulated chemically and electrically to act like a fertilized egg cell. The egg cells then began growing what appeared to be embryos, which grew to the blastocyst stage, at which point human embryonic stem cells were extracted. The technology, known as somatic cell nuclear transfer, was used ...

Marathon Oil says talks end on possible stake sale

Thu, 23 May 2013 09:58:26 -0400

HOUSTON - Marathon Oil says talks on a potential sale of part of its stake in the Athabasca Oil Project in Canada have ended.The Houston company's shares fell 3 percent in premarket trading Thursday.Marathon Oil Corp. was in talks with a possible buyer for a portion of its 20 percent interest in the project, but said a deal was not reached. The potential buyer was not named.The company says ...

The Challenges For Irans Next President

Thu, 23 May 2013 09:55:32 -0400

Iran's Guardian Council, the powerful vetting and oversight committee of the Islamic republic, announced Tuesday its list of eight approved candidates for the June 14 Iranian presidential election. A total of 686 presidential hopefuls had submitted their names for approval, though in recent days dozens of politicians and clerics had withdrawn their candidacies in support of better-known ...

Oakmark Fund Buys Forest Laboratories DirecTV UnitedHealth Apple

Thu, 23 May 2013 09:55:32 -0400

Bill Nygren, the manager of Oakmark Fund and Oakmark Select Fund, has been bullish. He is seeing positive activities such as higher dividends, share buybacks and acquisitions. He also believes that EPS growth will be higher than net income growth because of the share buybacks. These activities from the business make him bullish. That is why he has bought a lot stocks than he sold. As of ...

In Brazil Let The Lay-Offs Begin

Thu, 23 May 2013 09:55:32 -0400

Unemployment inched up in Brazil in April and is expected to end the year around 6.5%, according to the International Monetary Fund. After years of record low unemployment, lackluster investment by corporations, and sub par growth last year is finally weighing in. Earlier on Thursday, the Brazilian Institute for Statistics, known as IBGE, showed that the April unemployment rate rose to 5.8% from ...

NetAppVoice 100 Words Into The Future Your Sex Is No Longer A Barrier

Thu, 23 May 2013 09:55:32 -0400

Since she was a child, Zoe has been a daydreamer and inhabitant of strange worlds. Bringing together a passion for language, a love of all things geeky, and an eye for a story, she starts with the most unlikely subject and creates something enthralling and wonderful. Taking her inspiration from Sylvia Plath, Zoe describes herself as an expert packer of literary suitcases and can cram more into ...

In China No Monetary Stimulus Weakening Economy