Printer specialist Lexmark International Inc. (NYSE: LXK) said it will fire 1,700 employees, mainly in the Philippines, as part of strategy to exit its aging inkjet printer business. The move came after the company reported lower income and revenue, industry experts forecast lower PC sales as well as competition from No. 1 printer maker Hewlett-Packard (NYSE: HPQ).
David Zielenziger
Aug 28, 2012
The findings don't prove that exercising more cuts the risk of chronic disease, because it could be that people with a lot of physical activity also eat healthier foods - something the researchers didn't take into account.
Roxanne Palmer
Aug 28, 2012
Beauty Balms, or BB Creams as they are frequently, have reached a height in popularity as a all-in-one primer, SPF, moisturizer and tone evener. But is this "wonder cream" another advertising trick a la Don Draper to tantalize a woman's desire for beauty in something as easy applied as a balm? Turns out, Beauty Balm is far from just another tinted moisturizer.
Nadine DeNinno
Aug 21, 2012
France, Germany, Spain, China and Japan, among other nations, have moved by leaps and bounds ahead of the U.S. in cutting-edge rail transportation (and in rail line profitability), while Amtrak struggles to survive on budgetary scraps from Congress. Many rail experts believe that only investments from the private sector and sovereign wealth funds can save Amtrak.
Palash Ghosh
Aug 18, 2012
Trista Sutter, the first star on ABC's "The Bachelorette," admitted to undergoing plastic surgery to nip and tuck some of her problem areas, unveiling the results in photos to Life & Style magazine.
Nadine DeNinno
Aug 16, 2012
Women are still judged and evaluated primarily on their looks.
Palash Ghosh
Aug 14, 2012
Miley Cyrus was rumored to have been found dead in her Miami home according to a tweet by @MTV_Newss, however Cyrus was just the victim of another Twitter hoax.
Maria Vultaggio
Aug 13, 2012
Could small-budget movies be making a comeback? So far this season, four of the top-20 grossing movies were made on a budget of $20 million or under -- a pittance when you consider that the average tentpole costs more than ten times that amount.
Christopher Zara
Aug 13, 2012
Fidel Castro turned 86 on Monday, but even his birthday was not sufficient cause to bring the former Cuban leader out of hiding. The former Cuban “commander-in-chief’s” growing reclusiveness over the years has given rise to ongoing speculation that he is in declining health.
Jill Heller
Aug 13, 2012
General Motors Company (NYSE: GM) chairman and CEO Dan Akerson seems to think that it is finally time for the company to leave the 1970s and enter the 21st century. He also implied that it was time for the nation's largest automaker to stop being a dinosaur, according to the Detroit News.
Benjamin Reeves
Aug 09, 2012
Americans are living healthier and longer that ever before. The U.S. Census Bureau predicts boomers will turn 65 at a rate of 10,000 per day for the next decade, making them, along with centenarians, the fastest-growing segment of the population.
Roxanne Palmer
Aug 08, 2012
Rashida Jones and Andy Samberg play an estranged couple who can't stay away from each other.
Ellen Killoran
Aug 04, 2012
Supreme Leader Ayatollah Ali Khamenei warned that the birth control program, in place for the past 20 years, has outlived its purpose.
Palash Ghosh
Aug 03, 2012
Health minister Marzieh Vahid Dastjerdi told Iranian reporters that the government will now spend 190 billion rials (about $15 billion) to encourage Iranians to have larger families.
Palash Ghosh
Aug 02, 2012
Rail transport was paralyzed, hospitals had to rush to use back-up generators, roads became clogged with traffic jams, and water supplies were disrupted, among a multitude of other breakdowns.
Palash Ghosh
Aug 01, 2012
India is still a Third World country and needs to spend mightily on infrastructure to become the superpower it aspires to.
Palash Ghosh
Jul 31, 2012
Delhi, Punjab, Haryana, Uttar Pradesh, Himachal Pradesh, Rajasthan, West Bengal, Bihar, Orissa and Jharkhand ? an area that stretches across 1,400 miles ? have been affected by the power cut.
Palash Ghosh
Jul 31, 2012
“The country is facing a huge supply shortfall this summer."
Palash Ghosh
Jul 30, 2012
Some blame oil. Others blame a loss of pleasure in the roads. Researchers call it “peak travel.” Whatever the reason, one thing's clear: Americans are not driving their cars as far away from home as they used to.
Mark Johanson
Jul 28, 2012
Speaking at an earnings call with analysts, Barry Diller, chairman of IAC/InterActiveCorp, had some pretty grim words to say about what ails the storied magazine and print media as a whole.
Christopher Zara
Jul 26, 2012
Who is the go-to guy on Team USA?
Anthony Riccobono
Jul 25, 2012
Here is a preview of the 2012 New York Giants Depth Chart as they head into training camp.
Anthony Riccobono
Jul 25, 2012