BUSINESS

China will be in focus again in Asia as the slowdown in the second quarter economic activity and the dovish comments by Premier Wen raised expectations of a further reserve requirement ratio cut.

The alleged shooter in the Aurora, Colo., massacre, James Holmes, has been placed in solitary confinement at Arapahoe County's detention center. The high-profile nature of Holmes' case has naturally attracted the attention of other inmates, some of whom have threatened to kill the suspect.

In a piece of software connecting the Linux kernel to Microsoft's HyperV program, a small piece of hexadecimal code reading 0xB16B00B5 was found. Translated from geekspeak, the code reads, BIG BOOBS.

Apple Inc. (Nasdaq: AAPL) looks to be gearing up for something big. The tech company is pushing for more overtime hours by certain staffers beginning Wednesday, meaning that a big release will likely be on the way soon. Many agree the release probably will be the latest iteration of the Macintosh OS X operating system.

James Holmes, the alleged gunman believed to be responsible for the shootings at a movie theater in Aurora, Colo., that took place on Friday, is currently in custody at the Arapahoe County Sheriff's Office Detention Facility in Centennial, Colo.

Investors can monitor five stats to obtain a reading on the U.S. economy’s strength. Currently, these stats show a slowdown in U.S. GDP growth, which is why Congress should do more to create jobs and help increase the economy’s growth rate.

Hundreds of people gathered at the vigil for victims of the Aurora 'Batman' movie screening massacre, which left at least 12 dead and over 58 injured. Candlelight vigils and memorial masses are being held by community leaders and friends and relatives of the victims in the Aurora area.

The top after-market Nasdaq gainers Friday were Mission West Properties Inc, FormFactor Inc, Synacor Inc and Regeneron Pharmaceuticals Inc. The top after-market Nasdaq losers were Ancestry.com Inc, ARM Holdings Plc, OpenTable Inc and iShares MSCI ACWI Index Fund.

The Reserve Bank of India is expected to ease rates at the forthcoming policy meeting July 31 amid growing concerns about the deteriorating growth prospects of the country's economy.

Asian markets were mixed this week as investors continued to have concerns about the faltering global economy and the mounting debt crisis in the euro zone.

The top after-market NYSE gainers Friday were Talbots, Brady Corp, MGM Resorts International, Banco Santander and Accretive Health. The top after-market NYSE losers were B&G Foods, United Microelectronics, WPX Energy, Pengrowth Energy and Strategic Hotels & Resorts.

Beck, the eclectic and award-winning musician of Odelay and Sea Change fame, is contributing three new songs to the coming video game Sound Shapes.

U.S. Air Force Staff Sgt. Luis Walker was convicted in a military court Friday on charges that included rape, aggravated sexual contact, and aggravated sexual assault, according to the Associated Press. Walker was convicted on a total of 28 counts.

As U.S. President Barack Obama shifts the focus of his re-election campaign from joblessness to income inequality, unemployment has increased in more than one-half the country's states this year.

Barry Sternlicht, the chairman and CEO of Starwood Capital Group LLC and the architect of hotel brands including the W, believes the U.S. commercial real-estate market has rebounded as investors seek assets that generate returns.

Police said James Holmes, the man suspect of the shooting multiple people and injuring dozens of others in a movie theater in Aurora, Colo., will be arraigned next week. Law enforcement officials have yet to enter suspects home because it is appears to be bobby trapped.

David Kwiatkowski, a traveling laboratory technician, is accused of causing a hepatitis C outbreak and infecting 30 patients in New Hampshire. Kwaitkowski is also accused of stealing anesthetic drugs from Exeter Hospital.

Due to a dispute over pensions, hundreds of train drivers are planning to go on strike in central England during the Olympic Games, according to their trade union. The move could seriously disrupt the atmosphere of the games, leaving London disconnected from cities like Sheffield and Nottingham.

File this under Ridiculously Awesome: Frustrated with the constant chatter of attorney Nnajite Okobie and two of his clients, Nigerian Magistrate Adewumi Makanjuola ordered them to either spend five minutes hopping around the court like frogs or pay fines for contempt of court.

The Tokyo-based e-commerce giant Rakuten introduced its Kobo Touch e-reader in Japan on Thursday, and early reports suggest that the device is already a hit.

Those beloved, foul-mouthed kids from “South Park” are taking another foray into the gaming space with “South Park: The Stick of Truth”, currently in development from Obsidian Entertainment. Publisher THQ has announced today that “South Park: The Stick of Truth” will include some neat pre-order bonuses for those looking to add a bit more to their “South Park” experience.

The free AirDroid application currently available on Droid devices allows you to access and control your device directly from your browser.

The search for two missing Iowa cousins is getting a boost from an FBI dive team as law-enforcement officials said they were keeping a close eye on the father of one of the girls as he awaits trial on unrelated drug charges.

The richest 10 percent of Americans hold a staggering 74.5 percent of the nation's wealth, the Congressional Research Service reports.

The price of platinum, the precious metal used to make anti-pollution equipment for vehicles, is in a slump due to the global economic downturn, but it's especially bad in Europe where platinum demand is greatest. Nevertheless, analysts are bullish, believing the price will rise in the latter half of the year and into the next.

Next week's barrage of earnings releases offers further guidance on the health of U.S. companies.

The number of subprime loans for automobiles has increased this year as lending standards have loosened, boosting automakers' revenues but also creating fears of another financial bubble.

U.S. consumer spending will grow at a meager rate of 1.5 percent to 2 percent by the end of this year, Sterne Agee, a U.S. brokerage and investment firm said on Friday in a report.

Two months after the trading fiasco in the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, tech IPOs are soaring again. Palo Alto Networks (Nasdaq: PANW) and Kayak Software (Nasdaq: KYAK) shares soared in their IPOs.