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U.S. Indoor Tanning Tax Having Mixed Effects

Some people believe tanning can supply the body with vitamin D, which is made in the skin in response to UV-B light exposure. But the lights used in indoor tanning machines are UV-A, which is known to induce cancer-causing DNA damage.
Although a 2010 federal excise tax was meant to deter customers from using indoor tanning salons, only a minority of the businesses taking part in a new survey reported a drop in clients and most said their customers did not seem to care.
Apple iBooks 2

Apple iBooks 2: How the Free Tool Will Make Profit for Apple

On Thursday, Apple jumped into the digital textbook publishing business by launching new applications like iBooks 2 and iBooks Author in a media event in New York. Apple wants to make it easier for people to publish and consume educational content and is giving the tools away free of cost. But be clear enough that the Cupertino tech giant is not in a mood of doing any charity.
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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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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.
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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.
George Lucas

George Lucas to Retire From Blockbuster Movies

In Hollywood, George Lucas is one of the pioneers who used the latest technology to bring amazing special effects in movies. The director, known for 'The Star Wars' saga and 'Indiana Jones' series, has now declared that he would not make any more blockbuster film, in his interview with New York Times, ahead of the release of new movie 'Red Tails.'
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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.
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Fourth Man Involved in NYC Bomb Plot

According to federal authorities and a revised indictment, a New York City man is accused of planning one of the most devious terror plots since Sept. 11.
South Carolina Candidates

South Carolina Primary: 5 Things to Look For

The South Carolina primary is on Saturday, and only four candidates -- Newt Gingrich, Mitt Romney, Ron Paul and Rick Santorum -- remain. Here are five things to look for when the results come in.
St. Croix

Hovensa: Why Gas Prices Will Spike

A major Virgin Islands-based oil refinery partly owned by Hess announced on Wednesday that it was closing, news that has sent gas prices to seasonal highs.
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U.S. Economy Improves but Obstacles Remain

The number of Americans filing for new jobless benefits dropped to a near four-year low last week and factory activity in the mid-Atlantic expanded moderately, suggesting the economy carried some momentum into the new year.
Drake

Sundance 2012 Goes Big: Drake, Wiz Khalifa, Chris Rock and Spike Lee to Show

Throughout the festival, from Jan. 19 to Jan. 26, big names will grace the auditoriums of Park City, Utah, where the festival will take place. The music acts will include Drake, Wiz Khalifa, Jason Mraz, Cobra Starship, LMFAO and Afrojack. The Sundance Channel will host an after-party special featuring performances by Estelle and DJ Jesse Marco, after artist talks with Mary.J Blige and Mos-Def about the documentary Invisible War.

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