COMPANIES

Alzheimer's Disease Drug by 2025: Is This Goal Too Ambitious?

Despite costly efforts, no drug has yet been found that can keep Alzheimer's disease from progressing. Some researchers fear drug companies will give up entirely.
The U.S. government has set a deadline of 2025 for finding an effective way to treat or prevent Alzheimer's disease, an ambitious target considering there is no cure on the horizon and one that sets a firm deadline unlike previous campaigns against cancer or AIDS.
iPad 2S Case

iPad 2S Case Now Available [PHOTOS]

Before iPhone 4S was launched, case manufacturers had already produced iPhone 5 case conforming with the rumored features and design of iPhone 5. Similarly, based on the speculated features and design of the next generation iPad, some manufacturers have already begun making cases for the yet-to-arrive tablet.
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iBook 2 Reveals Retina Display – iPad 3 to Have The Same?

iBook 2 Features Retina Display; Will iPad 3 Have the Same?

iBook 2, Apple's latest iOS app, comes with Retina Display, reveals 9to5Mac. Soon as the news hit the ears of iPhone lovers, rumors are at its peak about iPad 3, which is expected to release within months, to have the same high resolution display.
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U.S. Shuts Megaupload.com, Hackers Retaliate

The U.S. government shut down the Megaupload.com content sharing Web site, charging its founders and several employees with massive copyright infringement, the latest skirmish in a high-profile battle against piracy of movies and music.
Megaupload Effect: FileSonic Stops File Sharing Too

Megaupload and Megavideo Shutdown: Top 5 Alternatives

Megaupload, a leading file-sharing site, was instantly shutdown on Thursday after federal prosecutors found the site guilty of mass copyright infringement. The decision came amid a nationwide battle over online music and video piracy.
MEG Pipeline Activity Jan. 2011

Drilling Index Expects 2011 Gains to Continue

Pipeline activity in November of last year reached its highest point since last spring, thanks to record-setting drilling results and improved financing, according to a most recent report published Thursday.
The IBM logo is seen outside the company's offices in Petah Tikva

IBM Brims with Confidence for 2012 after Solid Quarter

JAN 19 - IBM Corp, the world's largest technology services company, aims to grow earnings by at least 10 percent this year after it beat fourth quarter profit estimates, underderscoring signs of confidence in global tech spending.
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Moody's Warns of Cut to Big Bank Ratings

Moody's Investors Service, the credit rating agency of Moody's Corp , warned on Thursday that it is likely to make further cuts in credit ratings of many European banks and global investment banks.
The logo of the Bank of America is pictured atop the Bank of America building in downtown Los Angeles

BofA May Pay Employees in Shares, with Eye on Capital

Bank of America Corp (BAC.N) may give shares worth $1 billion to employees instead of cash as part of bonuses and hold back on dividend increases and buybacks, as the second-largest U.S. bank grasps for ways to boost its capital levels.
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Wall Street Shed 2,000 Jobs in December

Wall Street axed 2,000 workers in December as poor profits led companies to slice expenses, the biggest reduction since last summer when the industry released its summer interns, James Brown, a labor market analyst with the New York Department of Labor, said on Thursday.
Seed Stage Investor Sets up Shop in DUMBO

Brooklyn Tech Gets New Seed Stage Investor

There's a new seed stage investor in town. Brooklyn Bridge Ventures, which set up shop at 20 Jay Street in DUMBO, is looking commit up to $500,000 and lead investments in seed and angel stage rounds for new internet-based companies.
Microsoft CEO Ballmer speaks at the last opening Microsoft keynote at the Consumer Electronics Show opening in Las Vegas

Microsoft Profit Slips as PC Sales Shrink

Microsoft Corp's fiscal second-quarter profit fell very slightly as lagging computer sales to cash-strapped consumers in the United States and Europe hurt its core Windows business.
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Google Named 'Best Place to Work' in 2012: How to Land a Job There

Fortune magazine named Google the best company to work for in America in 2012. The search giant, based in Mountain View, Calif., tries to keep a perfectionist attitude about everything it does, which is why it continues to grow: It is never satisfied with its success.
AA Beer Wine

AA to Offer Free Beer and Wine

American Airlines (which shares its initials with an anonymous organization that does not serve alcohol) announced on Wednesday that it would ditch its $6 to $7 fees and begin serving free beer and wine in all classes on flights between the United States and Europe, Asia, and select destinations in Latin America.
Apple is reportedly planning to build a seventh NYC Apple Store in Forest Hills, Queens. While Queens residents are thrilled, Brooklyn is left wondering, "Where is the love for the artists?"

Apple Shares Set All-time High of $431, 2nd 2012 Record

Shares of Apple, the world’s most valuable technology company, set a new record high of $431.37 Thursday, as the company introduced a new educational iPad initiative and prepared to report first-quarter earnings next Tuesday.
General Electric

General Electric Earnings Report Expected to Show More Growth in 4Q

General Electric, the U.S.'s largest industrial manufacturer, is expected to report a 22.3 percent fourth-quarter profit increase when it announces its earnings Friday, driven by strong equipment order and pricing trends and growth in the aviation and energy infrastructure sectors. It marks the seventh straight quarter of operating earnings growth.
Found of HiiDef Brings Intuitive Web Building to the Masses

Build a Website: HiiDef Founder Jonathan Marcus Wants To Make It Easy

Founder and CEO of HiiDef Jonathan Marcus is giving people intuitive ways to design and create personal websites. Flavors.me, the original HiiDef product, integrates social networks and other popular web services. Goodsie, launched in May 2011, helps people build an online store in an intuitive fashion.
american express

American Express Earnings Preview: Upside Surprise in 4Q?

American Express Company (NYSE: AXP), the biggest credit-card issuer by purchases, is expected to beat Wall Street's consensus profit estimates, with earnings gains driven by stronger consumer spending and a diversified business model. This is sharp change from prior quarters when the company grew profits by dipping deeper into the company's reserve funds that were set aside to cushion against future losses.

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