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ITC judge rules for Kodak in Apple lawsuit

Eastman Kodak Co did not infringe Apple Inc's patented technology for digital cameras, a judge at the International Trade Commission ruled in the most recent round of the companies' patent war.

Obama presses Congress on cybersecurity measures

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The White House on Thursday pressed Congress to pass strong cybersecurity measures to protect consumers' personal information and safeguard the nation's financial system and electric power grid from potentially devastating attacks.
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Ex-WikiLeaks spokesman attacks Assange gag orders

A former WikiLeaks spokesman has condemned Julian Assange for demanding workers for the website sign confidentiality agreements threatening penalties of up to 12 million British pounds ($19.5 million).
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NTT DoCoMo, Twitter to develop location-based alert

Japanese telecom company NTT DoCoMo Inc and U.S. social networking service provider Twitter Inc will jointly develop a location-based alerting service for smartphone users based on tweets, the Nikkei business daily said.

Romney Defends His Healthcare Law, Blasts Obama 'Power Grab'

Mitt Romney said he would respect each state's rights if elected President, defending the Massachusetts healthcare law he supported as governor while blasting the Obama Administration's power grab to require all states to adopt the health same policy, vowing to repeal the federal government's 2010 healthcare overhaul.
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White House to unveil cybersecurity proposal

The White House issued a proposal on Thursday to secure critical U.S. infrastructure and federal computer networks that aims to fend off attackers while assuring the privacy of Internet users.

Bin Laden Deserved Fair Trial, Not Execution: Iran

The Secretary General of Iran’s Supreme Council for Human Rights, Mohammad Javad Larijani, said the Al-Qaeda chieftain deserved to have a fair trial rather than face a “unilateral execution” by American commandos.
Traders work on the floor of the New York Stock Exchange while waiting for the Initial Public Offering (IPO) of shares in the company Apollo Global Management in New York

Investors losing confidence in stocks: polls

Fifty percent of people believe the US stock market will drop more than 30 percent in the next 12 months, according to the latest Chicago Booth/Kellogg School Financial Trust Index poll.
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Consumers feel pinch of gasoline costs in April

The economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise in nine months in April and wholesale prices increasing more than expected.
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AT&T, T-Mobile USA break-up is $6 billion: sources

AT&T Inc has promised to give Deutsche Telekom $6 billion in assets, services and cash as a break-up fee if U.S. regulators reject its proposed $39 billion purchase of the German company's T-Mobile USA, according to sources familiar with the matter.
U.S. President Obama signs healthcare legislation in the East Room of the White House in Washington

Most States Will Run Exchanges- U.S. Health Chief

The US Health Secretary, Kathleen Sebelius, said on May 11, 2011 that most states will likely provide their own health insurance marketplaces. They may also partner with neighbors to aid in the expansion of coverage as indicated under the law on the federal health reform.
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Treasury won't sell GM shares before August: sources

The U.S. Treasury does not plan to start selling its remaining shares in General Motors Co until August at the earliest, after the automaker's second-quarter financial results, people familiar with the matter said.

10 Great Cities for People With Asthma

Every year, the Asthma and Allergy Foundation of America ranks 100 largest metropolitan areas in the U.S. from worst to best. This is based on how challenging it is for persons with asthma to live there. The Asthma and Allergy Foundation of America thinks of wide range of factors like the asthma rate, pollen counts, air quality and the number of asthma specialists found in the area.
An over-turned van and a damaged vehicle are seen near the Little Missouri river bed at the Albert Pike recreation area near Caddo Gap, Arkansas June 12, 2010.

10 Most Depressing States to Live In

There's no such thing as home sweet home if the place you live in is making you depressed. If your place is giving you mental stress, it will greatly affect you. Some states are depressive because of the economic instability and the inadequate access to health care. Here are the top 10 most depressing states in the U.S.

Security tightened for US Navy SEALs: Gates

U.S. Defense Secretary Robert Gates said that the US Navy SEALs who killed Osama bin Laden in Pakistan will receive an upgrade in security over concerns that the commandos and their families may be subject to threats by terrorists.
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$225 Million Given To Penn School Of Medicine

The oldest medical school in the U.S. named the University Of Pennsylvania School Of Medicine received a remarkable donation of $225 million from Raymond Perelman and his wife. By far, it is the largest single donation to the institution for the past 246 years.
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AT&T,T-Mobile USA break-up is $6 billion: sources

AT&T Inc has promised to give Deutsche Telekom $6 billion in assets, services and cash as a break-up fee if U.S. regulators reject its proposed $39 billion purchase of the German company's T-Mobile USA, according to sources familiar with the matter.
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Gasoline prices pinch consumers in April

The U.S. economy struggled to gain momentum early in the second quarter, with retail sales posting their smallest rise in nine months in April and wholesale prices increasing more than expected.
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Senate panel OKs Diamond for Fed, prospects cloudy

A Senate panel on Thursday approved for the third time the nomination of Nobel laureate Peter Diamond to a seat on the Federal Reserve Board over the opposition of Republicans, setting up a tough fight to win approval in the full Senate.

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