CALIFORNIA

U.S. high-speed railway: a matter of cost and demand

A French High Speed Train (TGV) arrives at Marseille's railway station during a national strike.
The federal government has committed at least $8-billion (and counting) for the development of a nationwide high-speed intercity passenger railway system in almost three-dozen states. Rail advocates have long dreamed of an extensive railway grid that will provide clean, speedy, energy-efficient travel.

Obama seeks new design for housing, Fannie/Freddie

IBTimes Logo
The U.S. government's role in housing finance should undergo fundamental change, but it should still provide some guarantees in the mortgage market, Treasury Secretary Timothy Geithner said on Tuesday.
Senior scientist Murat looks at DNA fingerprints of truffles at a laboratory of the INRA in Champenoux near Nancy

News galore at gene sequencing firms

Gene sequencing industry is getting hotter each day as many start-ups are going public and also many smaller firms are getting acquired by larger players.
More news
IBTimes Logo

Trend of mortgages underwater drops: Zillow

A smaller percentage of U.S. homeowners were saddled with underwater mortgages in the second quarter as more homes entered the foreclosure process even as price declines slowed, real estate website Zillow.com said on Monday.
IBTimes Logo

Plain cells turned into beating heart cells: study

Two studies published on Thursday show new ways to fix damaged hearts, one by turning structural heart cells into beating cells and another by restoring a primordial ability to regenerate lost tissue.
IBTimes Logo

Drivers safer when using headlights on bad weather

The Motor Accident Commission (MAC) has declared support for a proposed law requiring drivers to turn on headlights during heavy rains at daytime as studies showed it lowers the number of injury and death on the road.
IBTimes Logo

Intel settles U.S. charges that it stifled rivals

Intel Corp has agreed to stop using threats and bundled prices to hamper competition, settling charges that it illegally abused its market dominance in microprocessors, the Federal Trade Commission said on Wednesday.
IBTimes Logo

HP settles government contract probe

Hewlett-Packard Co said on Monday it has agreed in principle to a settlement with the U.S. Department of Justice related to a contract with the General Services Administration.
IBTimes Logo

Euro hits 11-week high versus broadly weak dollar

The euro hit an 11-week high against a broadly weak dollar on Thursday as month-end demand for the single currency helped push it above a key barrier. The euro remained supported by firm euro zone data, with figures on Thursday showing euro zone economic sentiment jumping to a 28-month high, while German unemployment declined for the 13th consecutive month.
IBTimes Logo

WellPoint raises outlook as earnings top estimates

WellPoint Inc posted higher-than-expected quarterly profit on Wednesday on better performance of its health plans for small businesses and it raised its full-year outlook, the latest in a string of strong second-quarter earnings reports for U.S. health insurers.
IBTimes Logo

Winemakers shun social media grapevine

More than 80 percent of the 532 French winemakers surveyed by online marketing company mysocialwinery.com said they did not blog or use Facebook, Twitter or other websites that allow consumers to comment, recommend, track or question wine producers.
IBTimes Logo

Toyota pushes back U.S. Prius production by years

Toyota Motor Corp has pushed back plans to build its Prius in the United States by as much as six years, with a top executive saying U.S. production is likely to start only when the best-selling hybrid is remodeled.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.