BUSINESS

European Stocks Recover After ECB Inaction

A trader is pictured at his desk in front of the DAX board at the Frankfurt stock exchange
Most of the European markets moderately rose Friday after investors were disappointed with the European Central Bank not announcing any monetary easing policy measures to rejuvenate the faltering euro zone economy.
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Apple iPhone 5 Rumors: $800 Starting Price? Fat Chance

Apple iPhone 5 Rumors: $800 Starting Price? Fat Chance [PICTURES]

Twitter was abuzz early Thursday morning with two hashtags carrying the same message: The next iPhone -- the iPhone 5 -- may cost $800. The rumors came from online gaming site GameNGuide, but unfortunately, this is the sole illegitimate source causing the confusion in today's news. Nobody knows the true price of the iPhone 5, but its starting price will almost certainly not be $800.
Amazon Launches Video App for Apple iPad, But The App Still Not Available On Android Tablets Like Nexus 7

Amazon Launches Video App for Apple iPad, But The App Is Still Not Available On Android Tablets Like Nexus 7

This week has been good for Apple users who were presented with several options for watching video on their iPad. After the news of Hulu Plus being available on Apple, Amazon announced that Amazon?s video app will also be available for free download on Apple iTunes. The only other tablet that this app was available on was Kindle Fire and there were expectations that it would be made available on android tablets like Nexus 7.
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Mac OS X Mountain Lion: More Problems, Bugs, Issues Reported By Apple Users

Mac users have been able to play with Apple's newest big cat, OS X Mountain Lion, for exactly one week now. While most users report a seamless, fluid experience, the fact remains that this is the fourth time in one week that I've needed to publish a story about new bugs, problems and issues that new Mountain Lion adopters are experiencing with their Macs.
Job seekers stand in line to speak with an employer at a job fair in San Francisco

US Initial Jobless Claims Rise To 365,000

The number of Americans lining up for new jobless benefits last week rose less than expected, the Labor Department said Thursday, partly reflecting the volatility of applications during the annual auto-plant retooling period.

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