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Marcellus Shale Creates Opportunities for Western Pennsylvania Banks

FBR Capital Markets remains positive on the Marcellus Shale as a catalyst for banks in Western Pennsylvania, following a recent investor field trip. Meanwhile, the brokerage upgraded its rating on shares of First Commonwealth Financial Corp. (FCF) to "outperform" from "market perform".

MacBook Air not available for shipping at Best Buy; Apple nudges component makers

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At a time when laptops are in an identity crisis, Apple is hitching its wagon to the refreshed MacBook Air. Rumor mills say a new version of the light-weight notebook will come equipped with the Mac OS X, or Lion, Intel's Sandy Bridge processor and Thunderbolt fast connection interface. By beefing up its ultra thin notebook, which has sold millions of units, Apple cold be pre-empting a threat posed by the likes of Intel's upcoming 'Ultrabook' which seek to build a bridge between the ...
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Brixton riots, 1981

Britain: Thirty Years After The Race Riot Summer

Thirty years ago this July, the streets of urban Britain exploded with violence. While the UK had seen riots and street demonstrations throughout its long and tumultuous history, the disturbances of 1981 represented something new – for they largely involved the frustrations and anger of Britain’s large immigrant populations.
The Apple logo is seen through raindrops on a window outside of the New York City flagship Apple store

Apple starts iPhone 5 production UPDATE

The next generation of Apple's smartphone -- whether called the iPhone 4s or the iPhone 5 -- is starting to hit factories, analyst say, winding up for a September release date.
iPhone 5: Top 10 Most-Wanted Features Recap

Apple iPhone 5 with radical new case design gets August launch date

Technology giant Apple’s next generation iPhone, dubbed iPhone 5, could be launched as early as August and would boast of revolutionary software and hardware changes, including a radical new case design, rather than just feature minor upgrades as previously thought.
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Five top qualities of a good CEO

Dr. Linda Henman, for more than 30 years, has helped military organizations, family owned businesses, and Fortune 500 companies define their direction and select the best people to put their strategies in motion.
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Apple iPhone 5, iPad 3 will be fire-proof, patent application suggests

Apple has filed a patent application for an advanced halogen-free flame retardant material which could be used in future Apple products. Patently Apple reported that the new material will be integrated into the manufacturing of Apple products like keyboards, mice, iPods, the iPad, cabling and more.
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Chinese software company placed security holes in its products; US issues warning

A Chinese software company is alleged to have placed security holes in its products sold to chemical defense and energy companies in Europe, the Americas, Asia, and Africa. Beijing-based Sunway ForceControl makes SCADA (Supervisory control and data acquisition) software which is used in computer systems that control and monitor manufacturing plants and equipment used by different industries.
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'Updated MacBook Air in July, to coincide with Mac OS X Lion launch'

Rarely has Apple faced the 'ultimate software-hardware asymmetry' with regard to product launches. But it appears to be such a season for the consumer tech giant. Apple unveiled at the WWDC the iOS 5, the feature-filled update for its vaulted mobile operating system. But then it failed to say anything about when iPhone 5, the device the iOS 5 was supposed to enrich. Then, iCloud was launched, but the network preparedness, or the lack of it, of world carriers came in the spotlight.Now, it l...
GM to invest $20 mln in Kansas Assembly Plant

GM to invest $20 mln in Kansas Assembly Plant

General Motors will invest $20 million in machinery and equipment for its Fairfax Assembly plant to add future technologies and improvements of the Buick LaCrosse including eAssist of a light electrification technology that will boost highway fuel economy by 25 percent over the current model.

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