COMPANIES

Underlying trends suggest that the current bout of high inflation in the United States is likely to be short-lived, San Francisco Federal Reserve Bank researchers said on Monday.

Merrill Lynch, the second largest U.S. brokerage by assets and financial advisers, on Monday said it hired seven new advisers overseeing more than $800 million in combined client assets.

HighTower Advisors, a firm that is expanding by poaching financial advisers from the big brokerages, said on Monday it hired a private banking team from Merrill Lynch managing more than $1 billion of client assets.

U.S. cattle futures set a two-week high on Monday lifted by a sharp drop in this week's cattle supplies and on news of active beef exports last week, traders said.

Midwest cash gasoline differentials rose on Monday following cycle changes in both Chicago and Group Three markets.

Interest rates on most Treasury bills fell on Monday after a tentative deal among top Washington lawmakers to raise the debt ceiling soothed anxiety of a sovereign debt default.

The new release of Adobe Edge "allows web designers to bring animation, similar to that created in Flash Professional, to websites using standards likes HTML, JavaScript and CSS." "As the trend heads towards HTML 5, designers looking forward will have a strong incentive to learn HTML 5-capable animation frameworks, especially when Adobe develops them."

Ford is recalling one million F-150 trucks, its most popular vehicle, due to issues with the fuel tank straps corroding, according to the National Highway Traffic Safety Administration.

Denver is having a flight price war, as Frontier and Southwest are offering tickets through Tuesday and Wednesday at less than $10 one way to some destinations.

Gap is launching a new marketing campaign targeting smartphone shoppers. The company is releasing a video tip that tells shoppers they can clean their jeans by putting them in the freezer overnight.

Anthony reportedly used checks that she had stolen from a friend.

President Obama announced new fuel-efficiency standards on Friday that would more than double the current standards in the U.S.

Banks around the world are likely to keep slashing jobs in order to compete better in what is a cut-throat global business.

Google says the patent war is one that can be won, but the company bolstered its positioning by acquiring more than 1,000 patents from IBM.

Last week Wall Street was bullish on Dunkin' Brands' IPO, the parent company of Dunkin' Donuts, leading to a 40 percent rise in the share price, largely behind potential growth of the company.

Technology is increasingly displacing the need for workers worldwide. Foxconn, making of Apple's iPhones and iPads, plans to add one million robots to factories in the next three years. HSBC is cutting out "unnecessary bureaucracy" in eliminating 30,000 jobs.

Apple manufacturing partner Foxconn is adding one million robots over the next three years in hopes of reducing labor costs.

Market cheers job cuts, streamlining.

Honda has raised its profit and sales forecast. The company is on a speedy path to recovery.

Google is trying to navigate a "mess" in the technology industry's patent infringement lawsuit game by bolstering its own patent holdings. The company has purchased more than 1,000 patents from IBM.

The dollar rallied against the yen and the Swiss franc on Monday as investors unwound safe-haven plays on expectations U.S. lawmakers would pass a deal to raise the country's borrowing limit, averting the risk of an immediate default.

Brent crude futures hit a 6-week high on Monday, topping $120 a barrel, due to a relief rally after Washington reached a last-minute deal to escape default.

Gold fell more than 1 percent on Monday after President Barack Obama said lawmakers had reached a deal to cut the country's deficit, which, if approved, would remove the threat of a default on debt that has driven bullion to a record high.

It's no secret that Apple iPads and iPad 2s outsell rival tablet makers, but a new survey indicates that iPad users are the most satisfied among tablet users, a trait that poises to perpetuate Apple's lead.

In January we saw Aussie home values fall by 1.2% which was the weakest monthly result on record. Over the March quarter home values were down 1.8%. Since that time we have seen the rate of decline slow along with an improvement in our leading indicators, like vendor discounting and time-on-market.

St. George head of intermediary distribution Steven Heavey has announced his resignation, only days after his involvement in the launch of Westpac's rebadged Bank of Melbourne brand in Victoria.

Logitech cut the price of its hyped Logitech Revue set-top box by over half, the latest sign that the Google TV initiative is failing to gain muster in the competitive consumer marketplace.

Space Exploration Technologies, or simply SpaceX, and other private sector companies are vying to fill the void for transport to space after the U.S. government put the breaks on its own shuttle program.

I wasn't one of those people who lost a bunch of money when dot-com stocks blew up in 2000, but to be honest, that's because I didn't make a lot of money in the bubblicious run up, either.