BUSINESS

Chuck Grassley

Surging US Corn Prices Spark Ethanol Debate

A 60 percent surge since June in the U.S. price of corn has reignited the on-again-off-again debate over using corn to produce ethyl alcohol, also known as ethanol, as a motor fuel additive.
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Lenovo X1 Laptop

Lenovo Debuts Ultralight Notebook, ThinkPad X1 Carbon

China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, introduced its lightest laptop, the 3-pound ThinkPad X1, its latest entrant in the ultralight market. The 14-inch laptop with battery life up to eight hours will be shipped later in August.
curly fries

McDonald’s Curly Fries A Reality, But Where? [PHOTOS]

It already has "world famous" French fries coveted by many around the globe in its locations worldwide, but now McDonald's has a new addition in potato cuisine: curly fries. But where on Earth can one get these corkscrew concoctions known as "Twister Fries?"
Facebook

Facebook Opens UK Online Gambling And Bingo Service

Facebook (Nasdaq: FB), the No. 1 social networking site, said it has started to offer UK users over 18 the chance to play online bingo and slots for cash. For now, the Menlo Park, Calif., company is barred from offering gambling in the U.S.
Traders work on the floor of the New York Stock Exchange

Investor Optimism Buoys US Stock Futures

U.S. stock index futures point to a higher open Tuesday as investors continue to expect the European Central Bank to implement new policy measures to rejuvenate the euro zone economy.
Wade Michael Page's Mother Tenders Apology

Sikh Temple Killer's Mother Apologizes To Wisconsin Shooting Victims

Laura Lynn, the mother of former soldier Wade Michael Page, who shot dead six people and injured three at a Sikh Temple on Sunday, expressed her anguish over how her "precious little boy" had turned into a killer and apologized to the victims of the Wisconsin temple shooting.
Palaniappan Chidambaram

Chidambaram Vows Action on Economy

Finance Minister P. Chidambaram sought on Monday to allay investor worries about an economy growing at its weakest pace in almost a decade by pledging to address their concerns over taxes, public finances and interest rates.
An investor reads a newspaper in front of an electrical board showing stock information at a brokerage house in Huaibei

Asian Stocks Gain On German Optimism

Most of the Asian markets rose Tuesday as investor sentiment turned positive amid hopes that Germany will step up measures to alleviate the debt burden lingering over the euro zone.
Saabs parked at FAPS storage facility in Newark

GM Calls Spyker's $3B Saab Lawsuit 'Baseless'

General Motors Company (NYSE: GM) talked some smack at Dutch carmaker Spyker N.V. following its Monday announcement that it would sue GM for $3 billion over the bankruptcy of Saab Automobile AB.
iOS 6 Release Date Approaching As Apple Seeds Beta 4 To Developers For Download

iOS 6 Release Date Approaching As Apple Seeds Beta 4 To Developers For Download

Though Apple hasn't specified the exact release date of iOS 6 - the site currently says it's "coming this fall" - but many believe Apple will release the platform alongside a new iPhone and possibly a new "mini iPad," which are both expected to be unveiled and released in mid-September. iOS 6 looks to be right on track for a September release date, as Apple released the fourth beta build of iOS 6 to developers, also known as Build 10A5376e, on Monday morning.
Meg Whitman gives her concession speech during her election night rally in Los Angeles

HP’s Whitman: Could She Be Romney Dark Horse VP Pick?

Presumptive Republican presidential nominee Mitt Romney has been winnowing his picks for Vice President in private, with most handicappers suggesting nominees who’ve held public office. How about Margaret (Meg) Whitman, CEO of Hewlett-Packard Co. (NYSE: HPQ), one of his fondest supporters?

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