Saturday, October 25, 2014 05:24
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Most People Shouldn't Give To Charity And Don't Have To Feel Guilty About It
Facebook CEO Mark Zuckerberg and his wife Priscilla Chan recently made headlines for their $25 million donation to the Centers for Disease Control Foundation to help fight Ebola.The young Zuckerbergs aren't the only ones giving back in a big way: Bill and Melinda Gates have donated billions of dollars of their fortune to make the world a...
The Queen puts the RT in royalty with first tweet
Elizabeth II has sent her first tweet -- or has she? It's a right royal mystery...>
Get a 3-month subscription to Loot Crate for $39.99
Geeks and gamers, this one's for you: three boxes of gear and goodies delivered right to your door. Plus: a $99 Windows 8.1 tablet?!>
Early Influences Can Open Up the Future
Entrepreneurs not only provide us with critical innovation and keep us at the forefront of global markets, they also create ways to gain financial independence. So why has the percentage of start-ups in the U.S. dropped significantly in the last 35 years? This is particularly worrisome in light of the healthy state of the stock market and the...
Listen to music and track runs on Android Wear, no phone needed
With new Android Wear updates, you no longer need your phone to listen to music or use GPS on your smartwatch. But some restrictions apply.>
LG G3 Screen powered by in-house 'Nuclun' processor launches in Korea
LG Electronics has launched its new G3 Screen phablet, powered by its long-awaited, self-designed "Nuclun" application processor in South Korea.>
Amazon losses widen as it braces for rocky holiday quarter
The e-commerce company misses Wall Street expectations and reports a third-quarter loss of $437 million. More critically, it warns that its fourth-quarter revenue will also disappoint.>
iMessage spam deluge traced to knock-offs in China
Text message spam is best ignored, but when a security researcher followed a trail of deception laid out on Apple's iMessage he became the proud owner of cheap designer accessories from China.>
Wall St. ends lower after shooting at Canada parliament
NEW YORK (Reuters) - U.S. stocks fell in afternoon trading on Wednesday, with major indexes erasing earlier gains as a shooting at the Canadian parliament unnerved investors and Boeing and Biogen sold off following results. The Dow Jones industrial average fell 151.05 points, or 0.91 percent, to 16,463.76, the S&P 500 lost 14.04 points, or 0.72 percent, to 1,927.24 and the Nasdaq Composite dropped 36...
U.S. inflation muted in September as energy costs drop
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices rose marginally in September, painting a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while. The Labor Department said on Wednesday its Consumer Price Index edged up 0.1 percent last month as a rise in food and shelter costs offset a decline in energy prices. ...
Boeing profit jumps 18 percent; raises 2014 earnings view
By Alwyn Scott (Reuters) - Boeing Co reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defense business. But shares of the Chicago-based aerospace and defense giant slipped 1.5 percent in early trading, as analysts viewed the profit gain as a given and raised concern about signs that the costs of the 787 Dreamliner were creeping higher...
U.S. regulators expand number of vehicles affected by Takata recalls
By Ben Klayman DETROIT (Reuters) - U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The U.S. National Highway Traffic Safety Administration (NHTSA) said in a statement the number of vehicles from 10 automakers covered by recalls this year and in 2013 is now 7...
UK's Lloyds to cut 9,000 jobs over next three years: sources
LONDON (Reuters) - Lloyds Banking Group will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters on Wednesday. The cuts amount to about 10 percent of Lloyds' workforce and will be announced as part of Chief Executive Antonio Horta-Osorio's strategy review next Tuesday, the sources said. Horta-Osorio's new three-year plan is expected to include the closure of some branches as the bank responds to a growing number of transactions being executed online, and the automation of some back-office functions...
Total names refining boss to replace de Margerie
By Michel Rose PARIS (Reuters) - French oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow this week. Pouyanne, 51, head of refining, had been considered as possible candidate to succeed de Margerie in the past and has a reputation as a shrewd cost-cutter. The world's fourth largest oil company also named Thierry Desmarest, a former Total CEO, as non-executive chairman...
Divided SEC adopts mortgage rule, decries lax lending
By Sarah N. Lynch WASHINGTON (Reuters) - U.S. securities regulators adopted a rule on Wednesday designed to avert another financial crisis, but two officials dissented, saying it did not do enough to discourage banks from lending to borrowers with shaky credit and then passing the mortgage risk to investors. The Securities and Exchange Commission approved the so-called "risk retention" rule by a 3-2 vote, while the U...
Dow Chemical to cut $1 billion in costs over three years
By Swetha Gopinath (Reuters) - Dow Chemical Co , the No. 1 U.S. chemical maker by sales, said it was looking to cut fixed costs by $1 billion over the next three years, building on reductions that have helped boost margins. Shares of the company, which reported a better-than-expected profit for the fourth straight quarter, rose nearly 4 percent. Rival Dupont has said it plans to shave off $1 billion of annual costs by 2019...
Toyota executive stands by Takata as supplier despite air bag troubles
By Maki Shiraki TOKYO (Reuters) - A top Toyota Motor Corp executive said on Wednesday the Japanese automaker has no plans to abandon Takata Corp despite the supplier's struggles with air bag inflators that could rupture and spray metal shrapnel at vehicle occupants. U.S. safety regulators on Wednesday expanded the number of vehicles in the United States affected by recalls for this problem by 28 percent to 7...
Look to energy names for global demand clues
By Caroline Valetkevitch NEW YORK (Reuters) - Slumping energy shares drove the recent U.S. stock market selloff more than any other major group, so investors are turning to next week's slate of earnings to see if the sector can pull itself out of the pit. The third-quarter earnings picture for energy looks grim. Profit growth expectations for S&P 500 energy companies have fallen more than any other sector - from a forecast of 13...
Social Security benefits to go up by 1.7 percent
More than 56 million Social Security recipients will see their monthly payments go up by 1.7 percent next year.
I am Marty McFly: My week in 'Back to the Future II' shoes
The future is now as Crave writer Amanda Kooser dons a glowing pair of Air Mag replica shoes and wears them everywhere for a week.>
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