December consumer prices up 0.5 percent due to gasoline
Sharply higher prices at the pump pushed overall consumer prices up at their fastest pace in a year and a half, though core prices, which strip out volatile food and energy costs, barely budged, a government report released on Friday showed.
Online dating is not just for kids, seniors say
NEW YORK (Reuters Life!) - Jo Ann Montrose-Eichelberger, 55, never thought she would meet her second husband on an online dating site -- especially not one for seniors.
Volcker rule tests new systemic risk council
The new council of U.S. regulators will face a major test on Tuesday when it unveils recommendations on how to enforce one of the most recognizable if inscrutable aspects of the six-month-old Wall Street reform law: the Volcker rule.
Tablet shootout: Motorola Xoom vs RIM PlayBook
CES 2011 is over but Motorola Xoom still continues to wow the media, even as reports tumble out that the Xoom can act as a weatherman too but RIM is closing in with its PlayBook which received rave reviews at the event.
Retail sales rise in December, inflation calm
Sales at U.S. retailers rose slightly less than expected in December while underlying inflation remained calm, government reports showed on Friday.
Hasbro forecasts weak holiday qtr sales, shares fall
Hasbro Inc reported weaker-than-expected fourth-quarter sales as demand for its toys slackened late in the holiday season but backed its forecast for earnings and revenue growth in 2011.
JPMorgan profit rises 47 percent, beating estimates
JPMorgan Chase & Co reported a 47 percent increase in quarterly earnings, and said loan demand and trading profit could grow this year, boosting investor optimism that revenue for major banks will recover.
Aging China offers silver lining for investors
Retired professor Chen Chongyu and his wife Liu Zhenjuan dreamed of coming back to China from their daughter's home in France, but until last year the couple had nowhere to go.
India's Gujarat beckons investments worth $462 bln
As many as 7,936 memorandums of understanding (MoUs) were inked at the fifth edition of the two-day Vibrant Gujarat Summit 2011 in the western Indian city of Gandhinagar envisaging a whopping investment of $462 billion for Gujarat and expecting to create employment opportunities for about 5.2 million citizens.
NVIDIA-based GeForce Graphics Card Goes Wireless
European graphics card maker KFA2 (a subsidiary of Galaxy) has released a wireless graphics card that can transmit high-definition video up to 100 feet, eliminating the need for cables from the PC to the screen.
Markets flat as JPMorgan results offset Intel
U.S. stocks were little changed on Friday following a mixed reaction to earnings from JPMorgan and Intel and a modest rise in retail sales, but the S&P remained on track to notch a seventh straight week of gains.
Sanofi says position on Genzyme talks unchanged
French drugmaker Sanofi-Aventis would not confirm a report in daily Le Figaro on Friday saying it hoped to reach a takeover deal that would value U.S. target Genzyme at around $76 per share, or some $20 billion.
Dec consumer prices up 0.5 percent due to gasoline
Sharply higher prices at the pump pushed overall consumer prices up at their fastest pace in a year and a half, though core prices, which strip out volatile food and energy costs, barely budged, a government report released on Friday showed.
US retail sales rose in 2010
Retail sales in the U.S. rose marginally in December as well as for the year 2010, according to a report by the U.S. Commerce Department.
U.S. agency sees problems in Falcone's wireless plan
A U.S. agency that manages federal use of the airwaves has warned that a wireless network proposed by hedge fund manager Philip Falcone could interfere with systems such as Defense Department communications.
Markets dip after JPMorgan earns, retail sales
U.S. stocks fell on Friday after retail sales rose less than expected and on a mixed reaction to JPMorgan Chase & Co's quarterly earnings, though the S&P was on track to notch a seventh straight week of gains.
Instant View: JPMorgan quarterly earnings rise 47 percent
JPMorgan Chase & Co reported fourth-quarter earnings jumped 47 percent compared to the year earlier quarter, helped by narrowing losses on bad loans.
Gold slips below $1,370/oz after China move
Gold fell in Europe on Friday after China's central bank raised lenders' reserve requirements by 50 basis points, with softer haven demand for the metal after solid bond sales by Portugal and Spain also weighing on prices.
Gold Price Erases Dollar Gains, Drops 5% vs. Euro
The Euro extended its rally on the currency markets, spiking to a 4-week high vs. the Dollar of $1.3450 before easing back. Thus, Gold priced in Euros dropped almost 5% from Monday's near-record high.
Top seeds in Australian Open Draw
The draws are in for the 2011 Australian Open, with Rafael Nadal and Roger Federer the top-two seeded players.
Stock futures point to weak open after JPMorgan, data
U.S. stock index futures pointed to a lower open on Friday after weak retail sales and a mixed reaction to JPMorgan Chase & Co's quarterly earnings.
Google's ITA acquistion plan under threat from US antitrust motion
The fulfillment of Google's dream to rule the sky which neared reality with its $700 million acquisition of ITA Software may fail as the U.S. Department of Justice gears up to file an antitrust motion to block the deal.
Internet is running out of IP addresses!
Most users believe in the inexhaustible space on the internet but most people who log on to the net would not believe the problem internet is currently facing - running out of IP addresses.
JPMorgan profit beats, helped by reserve release
JPMorgan Chase & Co reported higher-than-expected quarterly earnings, helped by narrowing losses on bad loans that allowed it to release $2 billion of reserves.
New Associate Dean of MBA at HEC Paris to focus on continuous enhancement of the MBA experience
Professor of Strategy, Bernard Garrette, who has been teaching and researching at HEC Paris for over 20 years, has been appointed the Associate Dean of the MBA program of the School.
Biomet, Smith & Nephew to discuss merger: report
Privately owned U.S. orthopedics group Biomet is set to begin informal talks with Smith & Nephew
Stock futures off, Dow, S&P seek 7th week of gains
U.S. stock index futures fell on Friday despite strong quarterly results from JPMorgan Chase & Co as the Dow Industrials and S&P 500 looked to close out a seventh week of gains.
Stock futures fall, JPMorgan profit jumps
U.S. stock index futures were lower on Friday despite strong quarterly results from JPMorgan Chase as the Dow Industrials and S&P 500 looked to close out a seventh week of gains.
No language bar, Google with new Translate, available in Android 2.1
Google has refreshed its Translate for Android with few interesting changes to help the users.
Hollywood stars who woke up to new zodiac sign Ophiuchus
A look at some of the stars under Ophiuchus