BUSINESS

Stimulus Measure Speculations Buoy US Stock Futures

Traders work on the floor of the New York Stock Exchange
U.S. stock index futures point to a higher opening Friday following expectation among investors that central banks around the world will announce stimulus measures to regain the economic growth momentum.

European Markets Gain On Stimulus Hopes

The German DAX Index board is pictured behind a plastic flower during a trading session at the first trading day at Frankfurt's stock exchange in Frankfurt
Most European markets rose Friday amid hopes of stimulus measures to boost the economy after the European Central Bank promised to take steps to protect the euro.
samsung

Samsung Q2 Net Profit Rises To $4.4 Billion

Samsung Electronics Co, the world's largest maker of mobile phones, reported a second quarter net income of 5.19 trillion won ($4.4 billion), up from 3.51 trillion won in the same period earlier year, aided by sales of Galaxy smartphones.
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Apple OS X Mountain Lion: Why You Should Wait To Upgrade Your Mac

Easter Eggs Back In Apple's OS X Mountain Lion, Found In The Mac App Store

Gizmodo reported that an Easter Egg was found in the Mac App Store in OS X Mountain Lion. To see an Easter egg for yourself, every time you download an App from the Mac App Store, check the applications folder and look at the time stamp on the downloading application. It will say January 24 1984 which is Macintosh's birth date.
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Did Twitter's Outage Cost the Economy Billions?

The idea that a few-hour Twitter outage could have more than a billion-dollar effect on the economy sounds preposterous at first, but some simple math suggests that might be just the case.
The Westin Lombard Yorktown Center, a hotel of the Starwood chain, is pictured in Lombard

Starwood Hotels Remains Bullish On China

Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), which operates the Sheraton, Westin and W hotel brands, is moving ahead with its expansion in China, even as the world's second-largest economy suffers a recent slowdown in growth.
Journalism Ethics: Is USA TODAY's Partnership With Subway Unhealthy?

Journalism Ethics: Is USA Today's Partnership With Subway Unhealthy?

USA Today's Eileen Blass scored an interview with eight-time Olympic medal-winning speed skater Apolo Anton Ohno, and the company wanted to promote the exclusive story on the front page of the sports section. There's nothing wrong with that; the way USA Today went about it, however, was highly questionable.
The latest figures on UK GDP, released Wednesday, were so demoralizingly bad that some economists and market-watchers are simply refusing to believe them suggesting they  are the result of a statistical anomaly and will be subject to a large upward revisi

Horrible GDP Numbers In UK Leave Economists Incredulous

The latest figures on U.K. GDP, released this week, were so demoralizingly bad that some economists and market-watchers are simply refusing to believe them, suggesting they are the result of a statistical anomaly and will be subject to large upward revisions soon.
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Mac OS X Mountain Lion: Apple Users Report More Bugs, Errors, And Incompatibility Issues

Mac users have been able to play with Apple's new big cat, OS X Mountain Lion, for roughly 24 hours at this point. Though the initial reviews were overwhelmingly positive, we mentioned that it was still early in the day, and as Apple users had a chance to explore Mountain Lion, they would inevitably find some bugs and errors. And that's exactly what happened. Mac OS X Mountain Lion: Apple Users Report More Bugs, Errors, And Incompatibility Issues
Spain

Spain: The Next Wave Of The Financial Crisis Arrives

The Spanish crisis, last week’s German vote, talk of a possible withholding of funds for Greece, and now the downgrading of the credit outlook for Europe’s strongest economies, point to a worsening of the financial crisis, a reduction in support for the euro, and a global economy increasing at risk.
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US Jobless Claims Fall To Lowest Level Since Feb

American's seeking unemployment benefits dropped by 35,000 last week, to 353,000, the Department of Labor announced Thursday, representing the biggest drop inapplications for first-time jobless benefits since February.
A patient eats a dose of generic HIV/AIDS drugs at a hospice for those dying of AIDS, at Wat Prabat Nampu Buddhist temple in Lopburi

Now, A Cancer Drug That Helps Identify Dormant HIV

Researchers from the University of North Carolina at Chapel Hill in collaboration with scientists from the Harvard School of Public Health, National Cancer Institute, Merck and the University of California have identified a drug employed in treating certain types of lymphoma that help dislodge a hidden virus in patients receiving treatment for HIV.
Monsoon rains, critical to farm output in India's trillion-dollar economy

Monsoon Politics: Why It Can’t Rain Reforms In India

India's much-awaited "second wave" of reforms is likely to be delayed due to the dilly-dallying monsoon. Prime Minister Manmohan Singh, who doubles as the finance minister, is expected to hold the crucial policy decisions on allowing the FDI in retail sector and hike in diesel prices until at least the second week of September, Reuters has reported quoting official sources.

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