Alleged assassin met Giffords over 3 years ago
The “Congress on Your Corner” event on Saturday morning, Jan. 8 in Tucson, Arizona was at least the second such constituent event hosted by U.S. Rep. Gabrielle Giffords that was attended by Jared Lee Loughner, the 22-year-old Tucson resident who is charged by federal authorities with shooting Giffords, and killing U.S. District Judge John Roll and Gabriel Zimmerman, a Giffords’ aide, according to the FBI.
Defective Chinese drywall prompts CPSC to set up foreign office in mainland
The U.S. Consumer Product Safety Commission (CPSC) is setting up its first overseas office for consumer product safety after failing to persuade makers of defective Chinese drywall to compensate affected U.S. homeowners.
DuPont looks to food, biofuel with Danisco play
Danish food ingredients company Danisco received several takeover offers but does not expect anyone to top its $5.8 billion deal with DuPont, Danisco's chairman said on Monday.
DuPont bets on food, fuel with Danisco deal
DuPont's $5.8 billion bid for Denmark's Danisco A/S marks a major bet by the U.S. chemicals company on the nascent biofuels market and the profitable food additive sector.
Microsoft exodus continues, server unit head to leave
The head of Microsoft Corp's third-largest unit is to leave this summer, marking the latest high-level departure from the world's largest software company, which has seen its leadership of the technology sector fade over the past decade.
Wall Street slips ahead of earnings, euro up
Socks cut losses on Monday as the euro gained ground against the U.S. dollar, reflecting reduced worries after calls for Portugal to seek a rescue from its debt crisis.
Mixed signals as Detroit auto show opens
Two dueling themes emerged as top executives from the world's carmakers gathered on the first day of the industry's annual showcase event -- the Detroit auto show.
Human Genome eyes multi-billion dollar league by 2015
Human Genome Sciences Inc said it is aiming to achieve multi-billion dollar revenue by 2015 as it awaits approval for its experimental lupus treatment Benlysta in March.
Gold Price in Euros Whips Near All-Time High as Bail Out Rumors Hit Eurozone Debt
The Gold Price in Euros whipped within 1.5% of last month's all-time record highs in London trade on Monday, as weaker-economy Eurozone bonds fell sharply on a raft of bail-out rumors and leaks.
Big earnings beats may not move stocks
Corporate earnings promise to beat analysts' expectations for the just-completed fourth quarter, but translating the good news into strong stock gains will be challenging for investors.
Holiday retail sales up 4 percent: ShopperTrak
U.S. retail sales rose 4 percent during the 2010 holiday season, and should rise 2.2 percent in the first quarter of 2011, research firm ShopperTrak said on Monday.
BlackBerry to filter websites in Indonesia to block access to porno sites
Research In Motion, maker of BlackBerry smart phone, on Monday said it will filter websites in Indonesia very soon following the government’s threat to curtail its services in the country if it fails to block access to pornographic sites.
Alaska pipeline restart unknown; oil up, BP dips
The Trans Alaska Pipeline was shut for a third day on Monday with no timeline for resuming oil flows after a leak forced producers to cut Prudhoe Bay output from 630,000 barrels per day to a trickle.
Apple discourages shareholders from voting for CEO succession plan
Apple has recommended its shareholders to vote against the demand for a CEO succession plan at the Annual Meeting of shareholders in February.
Wall Street down as Portugal weighs
U.S. stocks lost ground on Monday, with the Dow and S&P 500 heading for a third straight session of losses, as a once-buoyant market sagged at the start of the earnings season.
Corrected: Signs point to U.S. auto resurgence
Corrects to clarify that Volkswagen's new plant in Tennessee will be its first U.S. plant since the 1980s, not its first-ever U.S. plant, paragraph 19
ECB gives Portugal temporary lifeline, traders say
The European Central Bank threw Portugal a temporary lifeline on Monday by buying up its bonds, traders said, as market and peer pressure mounted for Lisbon to seek an international bailout soon.
Playboy founder Hefner to take company private
Hugh Hefner, whose Playboy magazine first exposed many Americans to the possibilities of sexual freedom during the buttoned-up 1950s, is taking the bunny private.
Signs point to U.S. auto resurgence
The North American International Auto Show opened on Monday with fresh signs the comeback by U.S. carmakers is gaining traction.
BlackBerry maker to block porn in Indonesia
Research In Motion said on Monday it will filter pornographic Internet content for its BlackBerry smartphone users in Indonesia, following government pressure to restrict access to porn sites or face its browsing service being shut down.
Ocean warming to trigger West Antarctic ice sheet collapse by year 3000: study
Ocean warming of up to 5 degree Celsius is likely to trigger widespread collapse of the West Antarctic ice sheet by the year 3000 as well as lift sea levels by 4 meters (13 feet), says a study.
Corrected: Detroit show to open with newfound optimism
In January 9 story, corrects to clarify that Volkswagen's new plant in Tennessee will be its first U.S. plant since the 980s, not its first-ever U.S. plant, paragraph 15
Ronaldo hat-trick sinks Villarreal, Messi inspires free-scoring Barca
Cristiano Ronaldo's hat-trick helped second-placed Real Madrid overcome third-placed Villarreal 4-2 in a hard-fought encounter at the Santiago Bernabeu, while a Messi-inspired Barcelona extended their unbeaten run in the league to 26 matches with a 4-0 win at Deportivo Coruna.
Myspace to axe 500 employees tomorrow
News Corp's Myspace the struggling social network site, the could be Facebook site is due to lay off 500 to 600 employees.
Wall St down as Portugal weighs ahead of earnings
U.S. stocks fell for a third straight session on Monday as a previously buoyant market limped into earnings season.
Supreme Court won't review music download antitrust case
The Supreme Court on Monday declined to review a ruling that reinstated an antitrust lawsuit alleging major record labels conspired to fix prices and terms under which music would be sold over the Internet.
SoundCloud brings new music sharing platform for amateur musicians
Online music sites are still around and still popular, as seen by the latest investment into SoundCloud, a Germany-based file sharing service.
America's Greenest Universities
Three among the United States' premier universities find a place among the top 5 in University of Indonesia's Green Metric Ranking of World Universities for 2010
iGate to buy controlling stake in India's Patni for $1.22 bln
Nasdaq-listed iGate, owned by former marketing head of Infosys Phaneesh Murthy, on Monday said it has bought nearly 63 percent stake in India’s sixth biggest software exporter Patni Computer Systems for $1.22 billion in shares.
Fed may need to mull exit late 2011: Kocherlakota
A top Federal Reserve official said he would set the bar very high for the central bank to stop short in its planned $600 billion in bond purchases, but that the Fed may need to begin considering a reversal of policy by year end.
