Latest US Business News
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Google Americas third political party
(Credit: James Martin/CNET) Congress is a dog that won't go for a walk. We can tug at its leash as hard as we want, but it sits in the middle of the sidewalk, barking a defiant "no." It's not a purposeful no. It's just a refusal for the sake of it, couched in principle. Then along comes America's most ambitious politician. No, it's not Paul Ryan or ...
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Just When You Thought You Knew Every Way Your Credit Report Could Be Used Against You.
Whether we are talking about mortgage loans, credit cards, auto or student loans, most people know that credit reports play an important role in our lives. And they, like you, understand that having poor credit can impede our efforts to gain financing at competitive rates and terms. However, as was recently pointed out by my friend John Ulzheimer who used to work at FICO, Equifax and ...
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Yahoo to buy Tumblr for $1.1 billion Report
On Sunday, the Wall Street Journal reported that the board had approved the deal. Yahoo is expected to hold an event in New York City on Monday to announce the news. A Yahoo spokeswoman wouldn't confirm the ...
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Twitter will damn your soul Saudi cleric says
(Credit: Twitter/YouTube Screenshot by Chris Matyszczyk/CNET) Life becomes more meaningful when someone from a long way away reflects your own thoughts. It makes you feel less alone, less forlorn on your island of one. I was, therefore, lifted to heights previously unimagined on hearing that the head of Saudi Arabia's religious police has declared that Twitter is an appalling waste ...
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General Motors shares above IPO price
Shares of General Motors reached an important milestone on Saturday, closing above their initial public offering price of US$33 for the first time in more than two years. GM shares reached US$33.77 before slipping back to close at US$33.42, up 3.2 per cent. The car giant sold shares to the public for US$33 in a November 2010 IPO, but they have traded below that price since May ...
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Chinas Alibaba Is Soaring But Avoid The IPO
Profits of Alibaba Group, the world's biggest online retailer, more than doubled in the three months ended in December, jumping to $642.2 million from $236.9 million a year ...
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ZenoRadio Is a Poor Mans Pandora
"We have an interesting platform that targets thousands of immigrants in the U.S.," said Baruch Herzfeld, ZenoRadio's founder. "ZenoRadio assigns U.S. phone numbers to popular ethnic radio stations from around the world. U.S. listeners do not need a smartphone to listen and the call is absolutely free." ...
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Cable Feels Heat as TV Migrates Online
It's a long time coming, but television content is showing up on non-TV screens like never before, and people are willing to pay for it. Whatever will become of cable? For one, experts say, cable companies may finally be forced to kill their sacred cash cow: bundled channels. The battle lines are drawn. There's Aereo, which takes the old-fashioned TV signal from the air and delivers it ...
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U.S. stocks on a roll Yahoo Microsoft stoke appetite
) is holding an event in New York City on Monday evening, at which many are speculating the company could announce a deal with the social blogging platform Tumblr. Reports surfaced last week that Yahoo CEO Marissa Mayer is said to ...
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Yahoo board OKs $1.1B purchase of Tumblr report
Yahoo CEO Marissa Mayer is rumored to be planning a Monday announcement, possibly of Yahoo's purchase of Tumblr for a reported $1.1 ...
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Yahoo and AOL Back On Top Time To Party Like Its 1999
IPO and other major tech stocks. It is worth noting, of course, the source line for the chart: Yahoo! Finance. Possible self-interest in data reporting aside, it's clear that Yahoo!'s stock has posted the largest and most consistant growth compared not only to Facebook, but ...
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Obamas EPA Makes A Rad Decision
Gina McCarthy, President Barack Obama's nominee to head the EPA, was instrumental in the revision of the Protective Action Guide Manual for responding to radiological events. Photo credit: Mandel/Ngan/AFP Getty Images. The Obama Administration made a bold and correct scientific decision last month to allow risk-based decisions to guide responses to radiological events like a dirty bomb ...
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Marketplace Fairness Act Burdens Businesses with State Compliance Audits
Marketplace Fairness Act (MFA) to force companies in other states to collect the tax. Few individuals comply with the use tax, and where everyone is guilty, no one is guilty. The government does not have our interests at heart in the changes proposed in the MFA. Government has its own interests at heart. And the government's interests are to use private individuals subordinate to state ...
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BioShock Infinite Gets a Steep Discount Today Only
Deal of the Day toda y, allowing players who balked at the game's $60 price tag a chance to see what all the fuss was about. Console copies for PS3 and the Xbox 360 are on sale for $39.99, which a PC box copy or digital download is only $34.99. Keep in mind, this sale is for today only, so you might want to act fast. Is it worth it? Well, I heartily endorsed the rather brilliant game as a ...
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Why the Fed May Taper QE3 Early
Federal Reserve Chairman Ben Bernanke speaks to guests at a banking conference hosted by the Federal Reserve Bank of Chicago on May 10, 2013 in Chicago, ...
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Dimon making case to keep both J.P. Morgan jobs
Jamie Dimon faces another attempt at Tuesday's shareholder meeting to split his duties as chairman and chief executive of J.P. Morgan Chase & ...
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Digital Health For Dummies
A day doesn't go by when I'm asked about digital health. What surprises me most about the perceptions around digital health are the misperceptions. From sophisticated marketers to to the average joe on the street, people just don't get it. And that's not really their fault. The voices of digital health MUST communicated the promise in a way that is relevant and convincing to ...
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Ted Nelson Says That Bitcons Satoshi Nakamoto Is Shinichi Mochizuki
The computer visionary claims to have worked out who is the real person behind the pseudonym of Satoshi Nakamoto. Nakamoto of course being the name behind the original plans and code for Bitcoin. It's an, umm, how to put this politely, an ambitious claim to be sure. For Nelson doesn't actually provide any evidence: only says that it could be true. And it's something of a leap to ...
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Chinese Fall For Over-The-Top American Weddings
Two things can be said about the wealthy Chinese these days. It seems they no longer know what to do with their money. If they're not buying up empty apartment buildings, they're buying Ferrettis and dining with the Prince of Monaco. Another thing...they are in love with U.S. brands and Made for TV U.S. lifestyles. If they're not buying up LA and Orange County Barbie Dream ...
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Everything You Hear About the Feds Exit Strategy Is Wrong
. That's firstly why QE has been so hazardous for the economy. The dollar was already weak such that limited capital since 2001 has been migrating toward inflation hedges representing existing wealth like housing, commodities, and art. QE's imposition has simply been gasoline poured on the already blazing inflationary fire. Just when the economy needed a stronger, more stable dollar ...
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Rate your AV receivers autosetup program
I've had a run of bad luck with some of the latest AV receivers' autosetup programs; they set the subwoofer volume way too loud, or misidentified the "sizes" of the speakers (one receiver tagged our ...
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Angelina Jolie Proves Medical Care Saves Lives -- If You Can Get It
Actress Angelina Jolie attends the Women in the World Summit 2013 on April 4, 2013 in New York, United States. (Image credit: Getty Images via @daylife) By Eric G. Bing & Marc J. Epstein Angelina Jolie's recent decision to have a prophylactic double mastectomy has helped reduce her risk of getting breast cancer from 87% to 5%. Her courage to speak openly about the treatment has ...
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Benghazi Crossfire Can White House And State Dept. Dodge Their Own Bullet Talking Points
White House Press Secretary Jay Carney answers questions during a press briefing at the White House May 10, 2013 in Washington, DC. Carney fielded questions primarily on recently disclosed information relating to the attack on the U.S. consulate in Benghazi. (Image credit: Getty Images via @daylife) Is all of this Benghazi scandal stuff just a political Republican "witch-hunt" to ...
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Why Enterprise Is Avoiding Windows 8
shipping more than 100 million Windows 8 licenses, Redmond's newest operating system is not making much headway in the enterprise world, with IT decision makers deciding to give it the cold shoulder. So, what's holding Windows 8 back? Forrester Research analyst David Johnson believes that the problem lies with the fact that Microsoft's newest operating system doesn't bring ...
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Where The iPhone 5 Still Bests The Samsung S4
research it is based on suggests something else - that Samsung are making elementary mistakes in their innovation strategy. That's a big story for the world's leading phone maker, if it rings true. Where might the Samsung deficit and the Apple advantage lie? Samsung have invested heavily in developments like display and processors but according to html5 specialists, Sencha, they have ...
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