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The crew of the German submarine U-550 abadons it

German WWII Submarine Discovered Off Nantucket Coast

A German submarine was found 70 miles south of Nantucket Island after almost 70 years of sitting on the bottom of the ocean. U-550 was sunk after it torpedoed an American tanker, which led to depth charges from the USS Joyce. The crew abandoned ship and now researchers plan to tell the families of the casualties the exact location of their loved ones' resting place.
Amazon iPad Instant Video App

Amazon Moves To Pummel Netflix With Instant Video iPad App

Amazon on Wednesday released an iPad app that provides video streaming for movies and television shows available through its Instant Video service. The free app lets anyone with an iPad buy and stream movies and TV shows, while Amazon Prime members in the U.S. can watch them for free.
Honda to start manufacturing CR-Vs in Canada

Honda July US Car Sales Rise on Accord, Civic Demand

Honda Motor Co. (NYSE: HMC) reported on Wednesday July U.S. sales rose 45.3 percent to 116,944 as the Japanese automaker continues its robust recovery from last year's earthquake and tsunami in Japan and flooding in Thailand.

Fed Officials Stand Pat But Ready To Act If Needed

The Federal Reserve on Wednesday offered a gloomier view of the economy as the labor market showed no sign of improvement since its last meeting. However, despite mounting signs of a sharp slowdown in the U.S. economy, central bank officials decided to take more time to make up their mind and refrained from enacting another monetary stimulus.

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