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Kindle Fire's Latest Teardown Puts Amazon on 'Profit-Receiving' End

Amazon Kindle Fire
Amazon Inc's Kindle Fire, within just a week of its announcement, has analysts passionately speculating on the possibility of the 7-inch tablet making either a profit or a loss. One among the many such speculations and rumors is a recent virtual teardown of the Kindle Fire by UBM TechInsights, which suggests that the tablet's manufacturing cost stands at $150.

Food, Fuel Price Falls Stir Asia Inflation Concern

India's food inflation rate slackened in mid-May, after picking up pace for two weeks, giving the Reserve Bank more leeway to hold rates until its July review and gauge the impact of euro zone debt woes on the domestic economy.
Anyone hoping that recent falls in commodity prices would provide a boost to powerhouse Asian economies and help lift the developed world out of recessionary danger will be disappointed. The region's focus remains firmly on inflation.
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Martina McBride Turns NYC Pink to Fight Breast Cancer

Country singer Martina McBride is lighting up New York City this month, setting the Empire State Building awash in a pink glow to fight breast cancer as she launches an album that breaks new ground.
U.S. Postal Service faces doomsday.

U.S. Postal Service: A Requiem

After posting an $8.5 billion loss last fiscal year, the postal service is on a pace to go $10 billion in the hole in fiscal 2012.
Gold bar

Gold extends gains, equities drop on Europe debt fears

Gold strengthened further on Monday as falling equities and lingering worries about a debt crisis in Europe drew investors to the precious metal, which posted its the biggest quarterly gain this year, but a firm U.S. dollar could still cap gains.
International Business Times Logo

Firm Recalls Beef for Possible E. Coli Taint

California-based Manning Beef is recalling 80,000 pounds of beef products over possible E. coli contamination, the U.S. Department of Agriculture said.
Romaine Lettuce

Listeria Outbreak -- Bacteria Found in Romaine Lettuce: FDA

After the cantaloupe-associated listeriosis outbreak linked to a Colorado farm that has left 15 people dead and 84 sick across 19 states, it is romaine lettuce now threatening to spread the infection in North America.
Wine and Food Festival

NYC Wine & Food Festival Sponsors Scavenger Hunt for Adults

The New York City Wine & Food Festival 2011 is officially under way. Friday night's Meatpacking Uncorked saw participants racing across the meatpacking district sampling food and wine from nearly every local merchant.
Recovering economy grows in July

Recovering economy grows in July

The economy grew in July, the second straight month of expansion, setting the stage for a positive third quarter after the second-quarter's worrying contraction.
A man holds a BlackBerry PlayBook during the RIM annual general meeting of shareholders in Waterloo

BlackBerry Maker RIM in Decline

On Thursday, shares for Research in Motion Ltd. continued dropping as the BlackBerry PlayBook remains in production. With two senior staff resigning, RIM is fighting rumors that their commitment to the tablet market is coming to an end.
Gold and silver bullion

Gold Holds Gains but Heads for Worst Month Since Oct. '08

Gold jumped more than 1 percent on Friday after Germany's approval for expanding the euro zone bailout fund offered temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years.
U.S. rapper T-Pain performs during the MTV Africa Music Awards in Lagos

T-Pain Puts His Own Effect into New 'T-Pain Mic'

Rapper T-Pain is known for using the Auto-Tune pitch corrector, which disguises off-key singing and allows for perfectly tuned vocals, and for all those who want to sound like him, he has a microphone for you.
Neiman Marcus is hiding and giving away 15 Nancy Gonzalez handbags at 15 of its 41 locations this Saturday. The hunt is from noon to 4 p.m.

Foursquare, Neiman Marcus Hatch Handbag Hunt

High-end retailer Neiman Marcus is teaming up with Foursquare for a special scavenger hunt on Saturday, Oct. 1. The company will hide 15 Nancy Gonzalez clutches at 15 of its 41 stores, and the first people who find them can keep them.

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