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Gold Near 3-1/2 Month High on ECB Hopes

Gold
Gold on Wednesday hovered near a 3-1/2 month high hit in the previous session, as investors remained hopeful the European Central Bank would soon take action to contain the region's debt crisis.
Woman walks past stock quotation board outside brokerage in Tokyo

Asian Stocks Fall On Weak Japan Data

Most of the Asian markets fell Wednesday as investor confidence was weighed down by the report that Japan's trade deficit increased in July, raising more concerns about the faltering global economy.
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The BB Cream Fad: Why Beauty Balms Are A Worthy Addition To Your Makeup Bag

Beauty Balms, or BB Creams as they are frequently, have reached a height in popularity as a all-in-one primer, SPF, moisturizer and tone evener. But is this "wonder cream" another advertising trick a la Don Draper to tantalize a woman's desire for beauty in something as easy applied as a balm? Turns out, Beauty Balm is far from just another tinted moisturizer.
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Shell Plans At Least $1 Billion Investment In Chinese Shale Gas Per Year

Royal Dutch Shell announced plans to spend at least $1 billion a year exploiting China's supply of shale gas, Reuters reported. The news came from the energy firm's head executive in China, Lim Haw Kuang, who responded to Reuters' questions about the alleged $1 billion-a-year plan to invest in the potentially vast natural gas trove.
RIP Nintendo Power Magazine: 1988-2012

RIP Nintendo Power Magazine: 1988-2012

One of the longest-running printed video game magazines in the U.S. in Canada, Nintendo Power magazine will finally close its doors after a 24-year run. Nintendo Power is dead. Long live Nintendo Power.
iPad-like devices, smartphones spur NAND flash market to record sales

IBM Buys Texas Memory To Battle Intel-Micron Flash JV

International Business Machines Corp. (NYSE: IBM), the no. 2 computer maker that?s also one of the biggest chipmakers, said it plans to acquire private Texas Memory Systems to bolster its offerings in the flash-memory sector crucial for new servers and mobile products.
Beverly Hilton hotel

Travel Websites, Hotels Accused Of Price-Fixing

A lawsuit filed in San Francisco federal court Monday alleges that Marriott International, Hilton Hotels, Sheraton Hotels & Resorts and others conspired to use their market dominance to fix hotel prices with travel websites like Expedia, Travelocity and Booking.com, a subsidiary of Priceline.com.
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Akin Remarks Illuminate Paul Ryan's Abortion Views

The Romney campaign has disavowed Rep. Todd Akin's controversial statement that women's bodies can terminate pregnancies caused by rape, but Mitt Romney's newly minted running mate has often aligned with Akin's positions on abortion.
People enter and leave Groupon Inc corporate office and headquarters in Chicago

Barclays Downgrade Extends Groupon's Woes

The daily deals website Groupon Inc. (Nasdaq: GRPN) suffered another blow Tuesday as Barclays Capital (London: BARC) downgraded the company, citing a move towards lower margin sales.

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