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Why Herman Cain's Simplicity Formula is Winning

Herman Cain at Dartmouth Debate
As some economists and critics debate the merits of the Herman Cain 9-9-9 tax plan, with some saying the solution is not as simple is scrapping the tax code in favor of such a straight-line formula, many Republican voters see it differently. It's a major reason why Cain, of Atlanta, has surged to the top of at least one recent poll besting former front-runners Mitt Romney and Rick Perry.
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Instant view: Jobless claims dip 1,000 last week

New claims for unemployment benefits edged down last week, according to a government report on Thursday that pointed to a modest improvement in the labor market at the start of the fourth quarter.
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Carrefour warns on profit as Europeans cut back

Carrefour, Europe's biggest retailer, issued its fourth profit warning in as many months on Thursday, adding to signs cash-strapped shoppers are cutting back and increasing doubts about its turnaround plan.
iMessageiChat is now Messages

iOS 5 Release: Apple Launches 6 New Apps

Apple's iOS 5 update offered over 200 new features, but Apple felt that wasn't enough, so the company wrote six new apps of its very own. The new offerings aim to make users more efficient.
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Gibson Guitar CEO Slams U.S. Raids as 'Overreach'

Gibson Guitar Corp.'s chief slammed the U.S. government on Wednesday for sending armed agents to raid two Tennessee factories under a law aimed at curbing the illegal harvest of tropical hardwoods.
Sign for Safeway grocery store shown in San Francisco

Safeway Profit Tops Street; Shares Rise

Safeway Inc reported a quarterly profit that beat analysts' low expectations, benefiting from higher fuel sales and cost cuts, and its shares rose nearly 4 percent.
Exports have long been China’s main driver of its economic growth.

U.S. Stocks Open Lower on China Data, JPM Earnings

U.S. stocks edged lower on Thursday on news that growth in Chinese trade slowed in September. Before the market opened, JPMorgan Chase (NYSE:JPM) reported third quarter earnings of $1.02 per share, which exceeded expectations.
BlackBerry smartphones are pictured in this illustration photo taken in Berlin

BlackBerry Outrage Spreads Worldwide as Complaints Pour Out in Twitter

BlackBerry outages spread all over the world on Wednesday, prompting people to think whether RIM is in its death throes already. BlackBerry encountered an outage of email, messaging and Internet services since Monday in India, Europe and the Middle East. On Wednesday, it spread to Canada and the U.S.
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Wall Street to open lower after China data, JPMorgan

Stocks were set to open lower on Thursday as earnings from JPMorgan and soft economic data in China highlighted worries about a slowing global economy, giving investors reason to pause after the recent run-up.
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JPMorgan Q3 net slips; shares lower in premarket

JPMorgan Chase & Co's third-quarter earnings fell 4 percent as the European debt crisis pushed investment banking clients to the sidelines, but results were helped by an accounting gain the bank can take when markets are in turmoil.
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RIM BlackBerry Outage: Why the Company May Soon be Out of Business

Now comes the latest -- a three-day outage of BlackBerry services including email and Internet across Europe, the Middle East, Africa, and India plus some spotty outages in the U.S. Here's where you start to feel for the company: While the RIM and BlackBerry have been all but dead in the U.S, life remained for the company, its products, and services in these other countries.

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