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Sarah Hughes Won't Get Ice Rink Renamed For Her

Sarah Hughes, who an Olympic gold medal for the U.S. at the 2002 Winter Olympics, won't have the public skating rink in Great Neck, N.Y., renamed in her honor, the Great Neck Park Commission has ruled.

Groupon Takes Aim At PayPal With Payment Service

Groupon CEO Andrew Mason
Groupon Inc. is testing a payment service that will allow merchants to accept credit cards using its infrastructure, media reports said, pushing the coupon company into a market space already occupied by PayPal and Square.
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Who Is Brett Kimberlin? Meet The 'Speedway Bomber' Turned 'Liberal Activist'

Brett Kimberlin, also known as the Speedway Bomber, is the infamous male who set an Indiana town ablaze with a series of coordinated bombings in 1978. The man behind the madness was also convicted of thirty three additional crimes, including illegal use of a Department of Defense insignia, and the Presidential Seal, both of which were used to procure the hard-to-come-by explosives used in the bombings.
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Apple Tweaks iOS, Mac App Store: Is A Major Redesign Coming?

Apple quietly tweaked its App Store platform for Mac computers and iOS devices, rebranding a few categories and adding new features. But while most users may not notice these subtle changes, it's possible that these moves are in fact a precursor to a larger, more wholesale redesign of the App Stores.
Retails sales

Memorial Day Sales 2012: 25 Best Deals, Discounts And Bargains Online And In Stores For MDW Holiday Weekend

While Memorial Day is a day meant to celebrate and commemorate all those who have fallen while serving in the United States Armed Forced, along with a long weekend vacation from work and school, Monday, May 28 may be a great day to snag sales. According to NASDAQ, Memorial Day 2012 will be one of the best in recent years to receive heavy discounts on apparel and home goods. So, grab your wallets and eco-friendly shopping bags! From pets, to auto, to apparel to electronics, here are some of the b...
Facebook IPO

Facebook Market Makers Losing At Least $100 Million

Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.
Six days after the company's IPO and two months after it acquired photo-sharing app company Instagram for $1 billion, Facebook debuted a photo app of its own on Thursday, called Facebook Camera. While Facebook Camera is the solution for casual Instagram u

Facebook Camera Review: Like Instagram, But More Relevant

Six days after the company's IPO and two months after it acquired photo-sharing app company Instagram for $1 billion, Facebook debuted a photo app of its own on Thursday, called Facebook Camera. Here, we'll break down Facebook Camera, and evaluate whether or not the new app has added value over Instagram.
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Jonathan Ive: Apple's Next Project Is 'Most Important,' 'Best Work We've Done'

Apple's senior VP of industrial design Jonathan Jony Ive, who was also Apple founder Steve Jobs' closest friend and confidant, was asked by The Telegraph what project he would like to be remembered by. Even though Ive is behind some of Apple's most courageous product designs, the design guru actually said Apple's current project could be his finest hour.
American International Group

Judge Tosses Part Of AIG Suit Against Bank Of America

American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC) Wednesday, as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in its securities lawsuit against the giant Charlotte, North Carolina- bank.
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Japan Tobacco Targets European Smokers

Japan Tobacco Inc. (Tokyo: JT) is buying all outstanding shares in Belgian tobacco company Gryson NV from its parent GT&Co BVBA for ?475 million ($596.3 million), the company announced Thursday.
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First Wiretap Played At Gupta's Insider Trading Trial

A New York jury on Wednesday heard former Goldman director Rajat Gupta on a FBI wiretap casually discussing business with Raj Rajaratnam, the now-imprisoned hedge fund founder he is accused of tipping off about boardroom secrets.
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Jury Rules For Google Against Oracle's Patent Claims

Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a legal fight between the two Silicon Valley giants over smartphone technology.
Company Logo Shown at Headquarters for Oracle Corp in Redwood City

Oracle To Buy Cloud Social Marketing Platform Vitrue

Oracle Corp. (Nasdaq: ORCL), the No. 1 database company, said it would acquire private cloud media marketer Vitrue for an undisclosed sum a day after German rival SAP (NYSE: SA), Europe's No. 1 software company, offered to acquire e-commerce specialist Ariba Inc. (Nasdaq: ARBA) for $4.3 billion.
The Mazda MX-5 Miata will provide the architecture for a new roadster from Mazda and Fiat.

Mazda and Fiat Developing New MX-5 Miata Sport Roadster

Mazda Motor Corporation (Tokyo: 7261) and Fiat Group Automobiles S.p.A. (ETR: FIAT) will jointly develop and manufacture a new rear-wheel-drive, roadster sports car based on the next-generation Mazda MX-5 Miata for the Mazda and Alfa Romeo brands, the companies announced Wednesday.
Macy's

Macy?s Eyes Chinese Market, Partners With China?s VIPStore

Macy's Inc. (NYSE: M), the owner of its namesake and Bloomingdale's department stores, said Wednesday it will start selling some of the department store chain's private label merchandise directly to consumers in China next spring through a deal with a Chinese online retailer.

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