Obama announces $10-bln worth trade deals with India; 54,000 jobs eyed
U.S. President Barack Obama announced 20 new trade deals with India worth about $10 billion, which are likely to create around 53,000 jobs in the United States. Deals ranging from sale of heavy transport and commercial aircraft, to gas and steam turbines have been inked. Obama, who is on a 10-day trip through Asia, presided over a meeting of U.S. and Indian executives in India's financial capital of Mumbai.
US unemployment rate remains constant in Oct, nonfarm payrolls rise
Unemployment rate in the US remained constant for the third month in October, while nonfarm payroll employment rose more than expected, according to a report by the US Labor Department.
Battle Looms In TerreStar Bankruptcy
A fight between EchoStar, Harbinger Capital Partners and holders of TerreStar Corporation's common stock could be brewing over the value of the TerreStar's spectrum and whether all of the company's affiliates should be in bankruptcy at all.
Microsoft Launches Kinect
Having faced multiple hardware debacles ranging from Zune to Kin, Microsoft is out to prove naysayers false with its Xbox add-on Kinect, a motion sensor and voice recognition technology-based device that allows users to control games and movies with gestures and voice.
Food inflation falls to 12.85 pct as on Oct. 23
India's annual wholesale price index (WPI) for food articles declined to 12.85 percent for the week ended October 23, 2010, according to a government release on Thursday.
Continous money printing will drive gold ever higher: An Interview with Mr. Rose, CEO of Capital Gold Group
With our debt coming to maturity in the next ten years, which we cannot afford to pay, printing money seems to be our only option, which we feel is going to spur inflation, if not hyperinflation. We also feel if we adjusted gold for the inflationary highs of the 80's, gold bullion should already be at $2,200 an ounce, so we feel very strongly about a further drive up in gold over the next five years.
NASA Mars Rovers Run On Cloud Computing
NASA turns to cloud computing to support its rovers Spirit and Opportunity as they scout the Martian terrain.
Asian firms need to exploit social media more, says study
Less than half of the Asian companies listed on the Wall Street Journal’s Asia 200 Index have a corporate social media presence, said a new study by Burson-Marsteller, a public relations and communications firm.
App Makers: Private Data Is Necessary
App developers say obtaining private data is necessary for most apps to run, but what is done with that data is up to the app owner.
IBM introduces security initiative for cloud computing
IBM Corp has introduced a new security initiative to make cloud computing safer.
China denies blocking rare earth shipments to US, Europe
China's Commerce Ministry denied the New York Times report stating the government has extended block on shipments of rare earth to include the United States and Europe, other than Japan, a Bloomberg report said, citing a faxed response from the Ministry.
Obama urges end to foreign jobs tax breaks
President Barack Obama on Saturday urged changes in the U.S. tax code that would allow the government to collect taxes on companies that create foreign jobs.
Mobile, cloud computing to dominate software apps, IT deliveries in next 5 yrs, says survey
Mobile and cloud computing technology will dominate enterprises as these two emerge as the most in-demand platforms for software application development and IT delivery over the next five years, an IBM survey report said.
Monster US online jobs index rises to 138 in September
A monthly gauge of online labor demand in the United States edged up in September from a month ago and was 16 percent above the reading from a year ago.
White House reviewing bill's foreclosure impact
The White House said on Thursday the administration is reviewing legislation that could make it more difficult for homeowners to challenge unjustified foreclosure actions.
Fewer sellers cut home prices in September: Zillow
The percentage of home sellers who cut their asking price fell in September, with price reductions smaller than the month before.
U.S. Justice Dept. probing foreclosure processes
The U.S. Justice Department said on Wednesday it was probing reports the nation's top mortgage lenders improperly evicted struggling borrowers from their homes as part of the devastating wave of foreclosures unleashed by the financial crisis.
Home sale listings rose in September: ZipRealty
The number of U.S. homes listed for sale in September rose from the previous month for the 9th straight month, according to data released by real estate brokerage ZipRealty.
Wells Fargo confident in foreclosure paperwork
Wells Fargo Home Mortgage did not cut corners to speed up the foreclosure process as some of its competitors have admitted to in recent weeks.
Home purchase loan demand up as rates hit record lows
U.S. mortgage applications for home purchases rose for a second straight week, with demand at its highest level since early May as potential homeowners took advantage of record low interest rates
Morning sickness may signal healthier pregnancy
New research confirms that women plagued by morning sickness in early pregnancy are less likely to miscarry.
Nobel-winning work is matchmaker for molecules
The three winners of this year's Nobel Prize for Chemistry all developed new ways to make carbon atoms stick to one another -- a mundane-sounding process that in fact underlies the very basis of life.
FDA to push for more investment in science
Health regulators plan to spend millions of dollars to step up their scientific prowess in a move that officials say will help quickly get new treatments to patients and protect the public against possible health threats.
How Republicans could block healthcare reform
Republicans could keep their promises to stop healthcare reform even if they cannot repeal it, simply by blocking legislation needed to pay for it, one expert argued on Wednesday.
Poor healthcare may shorten American lives: study
Americans die sooner than citizens of a dozen other developed nations and the usual suspects -- obesity, traffic accidents and a high murder rate -- are not to blame, researchers reported on Thursday.
Private sector job cuts raise Fed easing chance
U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.
Private sector sheds 39,000 jobs in Sept
Private employers unexpectedly cut 39,000 jobs in September after adding an upwardly revised 10,000 jobs in August, a report by a payrolls processor showed on Wednesday.
Prices gain on unexpected private jobs decline
U.S. Treasury debt prices climbed on Wednesday, pushing benchmark note yields to the lowest since January 2009, after ADP Employer Services said private payrolls unexpectedly contracted in September.
Lawmakers seek foreclosure investigations
California Democrats in the House of Representatives are calling for federal investigations into whether financial institutions broke any laws in their handling of foreclosures in the midst of the housing crisis.
Does an earlier last call lead to fewer assaults?
Sending bar patrons home at earlier hours may lower the rate of late-night violence, hints a new study from Australia.
