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US Economy In Early 2012 - Has The Renewal Begun?

U.S. Economy
In a sense, a controversial radio talk show host, and former Fox News commentator, had it right: The United States could be headed for a major period of social unrest -- or worse -- but not for the reasons he stated.
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More Trade, Still No Political Clout: An Expert's Take on the BRICS Summit

The BRICS nations met for a summit in New Delhi, where, among other subjects, they discussed the possible formation of a joint development bank, closer integration of their respective stock exchanges, energy security and ongoing tensions in the Middle East. But they still wield no power as a bloc, says an expert who has studied the BRICS phenomenon
A Best Buy store in Westminster, Colo.

Best Buy Closings: How Apple, Wal-Mart and Amazon Are Killing The Electronics Retail Giant

Best Buy has fallen on hard times in a sluggish economy, suffering a dismal drop in sales and an overall $1.2 billion loss over the last fiscal year. The electronics giant announced Thursday that it will close 50 stores and cut 400 jobs at its Richfield, Minn., corporate headquarters, hoping to save $800 million over the next three years in order to stay afloat.
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What is Faster Than 50 Million Laptops? (Hint: It's Not Superman)

We are witnessing the beginning of a new age in computing, an age that will allow computers to perform even thousands of times faster than the fastest supercomputer of our days. Those computers will operate on the exaFLOP level and are expected to appear by the end of the decade.
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BHP iron ore chief quits amid expansion

BHP Billiton's veteran iron ore chief, Ian Ashby, is stepping down after 25 years with the world's biggest miner, it said on Friday, clearing the way for a new leader to complete the company's long-term $11 billion iron ore expansion.

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