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China is facing destabilizing inflation: AEI Outlook

China is facing destabilizing inflation: AEI Outlook

China's inflation rate has reached a point where it is sparking social unrest, the American enterprise Institute's (AEI) latest outlook report has noted. Chinese premier Wen Jiabao's recent comment that inflation is a tiger that once set free is very difficult to put back in its cage[1] aptly characterizes the current inflation in his country. The world's second-largest economy faces some fundamental choices if it is to restore stability, says the report, which was au...
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Apple iPhone

Apple says white iPhone is more durable

Apple, which rolled out its much-delayed white iPhone in 28 countries on Thursday, has said it had made changes in the manufacturing process to make the new gadget more durable.
An Apple staff demonstrates a new Verizon iPhone 4 at Verizon's iPhone 4 launch event in New York

Apple returns to 'white magic': White iPhone 4 to hit stores this month

Apple could be planning to launch the white version of iPhone 4 to fill a gap in its product launch cycle and thereby mitigate customer fatigue over waiting for the new iPhone 5. The next generation iPhone would have made it to the stores in June this year; but the latest news is that Apple may not launch iPhone 5 until September this year, when the company starts its forthcoming financial year.
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US stocks pare gains; Monsanto weighs

U.S. stocks pared earlier gains as energy companies’ shares declined after a higher-than-expected increase in petroleum inventories and Monsanto Co. shares declined as its revenue fell short of expectations.
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Cubist Pharma Shares Hit New High

Shares of Cubist Pharmaceuticals Inc. (CBST) touched a new 52-week high of $30.02 on Wednesday morning. Optimer Pharmaceuticals Inc. (OPTR) said it has entered an exclusive two-year co-promotion agreement with Cubist to market Dificid in the U.S.

Five Reasons Why Apple Should Delay iPhone 5 Launch

Barclays Capital said it has received many questions over the past week around thoughts on the potential timing of Apple Inc.'s iPhone 5. In summary, Reitzes believes it may make sense for Apple to launch this version of the iPhone a little later than usual for five reasons.

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