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Bionic Eye to Begin Human Trials in 2013

Contact Lenses: How They Will Bring Virtual Reality to U.S. Soldiers by 2013

It has been the stuff of science fiction for decades, but the U.S. military announced on Tuesday it is close to developing a virtual reality contact lens to enhance soldiers' vision on the battlefield. The Defense Advanced Research Projects Agency, or DARPA, is working with Washington-based company Innovega to develop a system of contact lenses and small wearable glasses giving soldiers a considerable tactical advantage.
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AMR to seek $2 billion in cost cuts

AMR Corp , the bankrupt parent of American Airlines, wants to slash costs by more than $2 billion annually, with more than half the savings coming from employees, the company said on Wednesday.
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Much of Vivendi U.S. shareholder lawsuit dismissed

Vivendi SA has won the dismissal of much of what remained in a nearly decade-old U.S. lawsuit accusing the French media company of misleading shareholders about its finances in connection with a $46 billion merger.
Ron Paul Supporter Sues Gingrich For Assault and Battery

Rick Tyler: Gingrich Backer Airs 'Black Genocide' Theory on MSNBC [VIDEO]

Tyler, a senior strategist for super PAC Winning Our Future and a former Gingrich aide, accused MSNBC of race baiting on Tuesday, and the Democratic Party of failing the black community on economic and social issues. But when Rachel Maddow and Rev. Al Sharpton challenged his argument, Tyler ended up playing into one of the most racially charged conspiracy theories out there: the Black Genocide theory.
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AMR Corp may cut up to 14,000 jobs to trim costs

AMR Corp, the bankrupt parent of American Airlines, may slash between 12,000 and 14,000 jobs as part of a bankruptcy cost-cutting strategy the carrier says is necessary to compete with rivals.
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Wall Street rises on factory data, Greece

Stocks extended January's rally, climbing more than 1 percent on Wednesday after upbeat global manufacturing data and as Greece neared a long-delayed deal with private creditors.
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AMR Corp wants to slash thousands of jobs

AMR Corp, the bankrupt parent of American Airlines, may slash between 12,000 and 14,000 jobs as part of a bankruptcy cost-cutting strategy the carrier says is necessary to compete with rivals.
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Google defends change to privacy policies

Planned changes to Google Inc's privacy policies that have caught the attention of U.S. lawmakers would not take away the control its customers have over how data is collected and used, the company said in a blog post on Tuesday
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Senate panel to look at Verizon spectrum deals

A Senate antitrust panel is planning a hearing to discuss Verizon Wireless's multibillion dollar deals to buy wireless airwaves from cable operators and let them resell its mobile service, a spokeswoman said on Wednesday.
Esprit

Esprit Closing North American Stores

Struggling clothing retailer Esprit Holdings will be closing all of its stores and possibly close all of its outlets in the United States if a last-second partner does not materialize.
A pair of housing units are shown for sale in San Francisco

Mortgage Deal Would Give States Enforcement Power

A proposed settlement to resolve mortgage abuses by top U.S. banks will give states broad authority to punish firms that mistreat borrowers in the future, according to documents seen by Reuters on Wednesday.
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Ford, Chrysler Jan U.S. sales jump; GM slips

Chrysler Group LLC posted a 44 percent rise in U.S. auto sales in January, led by gains for its Jeep brand, while its largest rival General Motors Co lost ground in a month marked by modest growth.
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Wall Street climbs on factory data, Greece

Stocks extended January's rally, climbing more than 1 percent, on Wednesday after upbeat global manufacturing data and as Greece neared a long-delayed deal on its debt.

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