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Global stocks grind higher after central bank stimulus signals
Mon, 24 Nov 2014 05:14:26 -0500 -

Traders are pictured at their desks in front of the DAX board at the Frankfurt stock exchangeBy Patrick Graham LONDON (Reuters) - World stock markets ground their way higher on Monday after a frenetic round of activity at central banks in Asia and Europe showed they are willing to do more to support economic growth and higher inflation. European shares, which had their best day in a month on Friday after the People's Bank of China cut interest rates, edged higher still on Monday after sources told Reuters at the weekend Beijing was ready to ease policy further to head off slowing inflation. ...


Exclusive: China ready to cut rates again on fears of deflation - sources
Sun, 23 Nov 2014 22:59:45 -0500 -

A vegetable vendor holds a stack of Chinese yuan banknotes at a morning market in ShenyangBy Kevin Yao BEIJING (Reuters) - China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making. Friday's surprise cut in rates, the first in more than two years, reflects a change of course by Beijing and the central bank, which had persisted with modest stimulus measures before finally deciding last week that a bold monetary policy step was required to stabilize the world's second-largest economy. ...


Tesla says in talks with BMW over car batteries, parts
Mon, 24 Nov 2014 04:37:08 -0500 -

The logo is seen on a new all-wheel-drive version of the Tesla Model S car in HawthorneFRANKFURT (Reuters) - U.S. electric carmaker Tesla Motors is in talks with Germany's BMW over a possible collaboration in batteries and lightweight components, Tesla's Chief Executive Elon Musk told German weekly Der Spiegel.


Aviva shares fall, Friends Life jumps 7 percent on merger news
Mon, 24 Nov 2014 03:42:34 -0500 -

Pedestrians walk past an Aviva logo outside the company's head office in the city of LondonLONDON (Reuters) - Aviva shares fell almost 4 percent and Friends Life jumped 7 percent on Monday following news of their possible 5.6 billion pound ($8.8 billion) merger, seen as providing a good fit in the life and pensions insurance sector.


Aviva, Friends Life 5.6 billion pound merger plan makes sense: investors
Sun, 23 Nov 2014 14:43:28 -0500 -

A man walks past an AVIVA logo outside the company's head office in the city of LondonLONDON (Reuters) - Aviva's potential 5.6 billion pound ($8.8 billion) purchase of Friends Life reflects a need to consolidate and cut costs in Britain's insurance industry, fund managers said.


Stalled Greek bailout talks to resume in Paris on Tuesday
Mon, 24 Nov 2014 05:13:40 -0500 -

A man plays a laterna at a central market street of AthensATHENS (Reuters) - Greece's government will resume stalled talks with EU/IMF lenders in Paris on Tuesday, as Athens pushes to conclude a crucial review by inspectors so it can make an early exit to an unpopular bailout program. Athens had set a Dec. 8 deadline to complete the review. But talks floundered over a projected budget gap for next year and EU/IMF inspectors did not return as expected to Athens this month, leading to concerns that a delayed review would derail Greece's plan to quit its bailout by the end of the year. ...


French, British banks press EU to revise bank reform plans
Mon, 24 Nov 2014 06:29:38 -0500 -

A euro logo sculpture stands in front the headquarters of the European Central Bank in FrankfurtPARIS (Reuters) - French and British banks are urging the European Commission to reconsider plans to isolate high-risk trading activities at big banks, warning the move could discourage lending to struggling economies. The European Union's executive arm published a draft law in January that would ban banks considered "too big to fail" from proprietary trading - making bets on stocks, bonds and commodities for their own accounts. ...


GSK shareholders to vote on Novartis deal on Dec. 18
Mon, 24 Nov 2014 03:51:02 -0500 -

A British Airways airplane flies past a signage for pharmaceutical giant GlaxoSmithKlein in LondonLONDON (Reuters) - Britain's GlaxoSmithKline has asked its shareholders to vote at a meeting on Dec. 18 on its proposed major deal with Switzerland's Novartis , which will see the two pharmaceutical group trade more than $20 billion of assets. The transaction, which includes GSK buying Novartis' vaccines business, Novartis purchasing GSK's cancer drugs, and the two groups tying up in consumer healthcare, was unveiled in April. ...


Countdown to missed opportunity for EU economy
Mon, 24 Nov 2014 02:03:48 -0500 -

A euro logo sculpture stands in front the headquarters of the European Central Bank in FrankfurtPARIS (Reuters) - The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy.


Dow Chemical CEO says not quitting Kuwait, but shifting strategy
Mon, 24 Nov 2014 02:43:46 -0500 -

Dow Chairman and CEO Liveris participates in discussion during the second day of the Clinton Global Initiative 2012 (CGI) in New YorkDUBAI (Reuters) - U.S. petrochemicals giant Dow Chemical Co is not pulling out of Kuwait but is shifting strategy, its chief executive said on Monday, after the company announced plans to reduce its equity positions in all of its Kuwaiti ventures. Asked about Dow's strategy in Kuwait, Chief Executive Andrew Liveris, speaking on the sidelines of a conference in Dubai, said his company was "moving from doing commodities just for commodities sake, moving more downstream and Kuwait is more about commodities..." "We are not pulling out of Kuwait," he said. ...


Unemployment rates fall in two-thirds of US states
Fri, 18 May 2012 11:34:11 -0400 - Unemployment rates fell in two-thirds of U.S. states last month, evidence that modest economic growth is boosting hiring in most areas of the country.
US stocks edge higher in afternoon trading
Thu, 22 May 2014 15:04:30 -0400 -

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks edged higher in early trading Thursday, May 22, 2014, extending gains from a day earlier. Investors cheered earnings news from several retailers, including Best Buy, Dollar Tree and L Brands. Sears fell sharply after reporting disappointing results. (AP Photo/Richard Drew, File)Stocks were on track to finish higher Thursday afternoon for the second day in a row as investors drew encouragement from reports on Chinese manufacturing, U.S. home sales and some positive earnings from Best Buy, Dollar Tree and other retailers.


US stocks edge higher in midday trading
Thu, 22 May 2014 12:33:25 -0400 -

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks edged higher in early trading Thursday, May 22, 2014, extending gains from a day earlier. Investors cheered earnings news from several retailers, including Best Buy, Dollar Tree and L Brands. Sears fell sharply after reporting disappointing results. (AP Photo/Richard Drew, File)Major stock indexes shifted higher in midday trading Thursday, getting a lift from an encouraging report on Chinese manufacturing and some positive earnings from Best Buy, Dollar Tree and other retailers. The market also got a boost from data showing modest improvement in sales of previously occupied homes.


US stocks edge higher in morning trading
Fri, 18 Jul 2014 11:28:55 -0400 -

FILE - This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. U.S. stocks edged higher in early trading Thursday, May 22, 2014, extending gains from a day earlier. Investors cheered earnings news from several retailers, including Best Buy, Dollar Tree and L Brands. Sears fell sharply after reporting disappointing results. (AP Photo/Richard Drew, File)Major stock indexes moved higher in morning trading Friday, shaking off the prior day's slide over the possible geopolitical fallout from the downing of a passenger jet flying over eastern Ukraine. Investors had their eye on financial results from several big companies, including Google and Honeywell International.


US stocks are mixed in early trading
Thu, 30 Oct 2014 09:40:57 -0400 -

FILE - This Aug. 9, 2011 photo shows a Wall Street street sign near the New York Stock Exchange, in New York. U.S. stocks are opening slightly higher Friday, Aug. 8, 2014 as investors weigh gains in productivity against worsening geopolitical concerns. (AP Photo/Mark Lennihan, File)NEW YORK (AP) — U.S. stocks are opening mixed as investors look over more earnings reports from big companies.


Samsung Gear VR headset lets Audi customers take TT S Coupé around the track using virtual reality technology in the U.K
Mon, 24 Nov 2014 05:15:45 -0500 -

Samsung Gear VR headset lets Audi customers take TT S Coupé around the track using virtual reality technology in the UKAUDI LAUNCHES NEW TT WITH VIRTUAL TEST DRIVE Samsung Gear VR headset lets Audi customers take TT S Coupé around the track using virtual reality technology   Audi customers will be given a new and …


Samsung Gear VR headset lets Audi customers take TT S Coupé around the track using virtual reality technology in the UK
Mon, 24 Nov 2014 05:15:45 -0500 -

Samsung Gear VR headset lets Audi customers take TT S Coupé around the track using virtual reality technology in the UKAUDI LAUNCHES NEW TT WITH VIRTUAL TEST DRIVE Samsung Gear VR headset lets Audi customers take TT S Coupé around the track using virtual reality technology   Audi customers will be given a new and …


Apple to donate portion of holiday sales to AIDS fight
Mon, 24 Nov 2014 04:14:42 -0500 -

Apple to donate portion of holiday sales to AIDS fightDuring the two-week campaign, proceeds from the sales of 25 apps with exclusive new content will be donated to fight the disease.>


Hubble spots stellar nurseries in swirling spiral galaxy
Sun, 23 Nov 2014 23:40:03 -0500 -

Hubble spots stellar nurseries in swirling spiral galaxyHubble has captured a new image of barred spiral galaxy NGC 986, located in the heart of the constellation Fornax.>


US vs. UK: Business Meetings Aren't That Different... Right?
Sun, 23 Nov 2014 22:58:07 -0500 -

US vs. UK: Business Meetings Aren't That Different... Right?With the exception of royalty, spelling and humour (humor), most Brits and Americans like to think of their countries as culturally rather similar. You would be forgiven for thinking this is most obvious in the globalized world of business. But as someone who has spent much of my working life somewhere in the middle of the Atlantic -- based in...


Push Button, Receive Bacon comes to life
Sun, 23 Nov 2014 21:51:48 -0500 -

Push Button, Receive Bacon comes to lifeThe famous Push Button, Receive Bacon meme has been brought to life by a team of hackers who repurposed an old laser printer.>


Tweet 10,000 times, and Edward Norton and God show up
Sun, 23 Nov 2014 21:23:42 -0500 -

Tweet 10,000 times, and Edward Norton and God show upAn unaired "SNL" sketch reveals what happens when you've written 10,000 tweets. You get a celebrity kiss, a visit from Woody Harrelson dressed as God and an elaborate music-dance routine.>


SnapJet lets you print your smartphone snaps as Polaroids
Sun, 23 Nov 2014 21:14:19 -0500 -

SnapJet lets you print your smartphone snaps as PolaroidsA new device seeking funding on Kickstarter uses Polaroid technology to let you wirelessly print photos from your smartphone.>


Samsung shares its environmental sustainability initiatives and vision at the UNESCO World Conference on Education for Sustainable Development
Sun, 23 Nov 2014 20:15:20 -0500 -

Samsung shares its environmental sustainability initiatives and vision at the UNESCO World Conference on Education for Sustainable DevelopmentAbout two weeks ago, the UNESCO World Conference on Education for Sustainable Development was held in Aichi-Nagoya, Japan, to mark the end of the UN Decade of Education for Sustainable Development (ESD), 2005-2014, which the …


Stealth malware found spying on telecoms, energy sectors
Sun, 23 Nov 2014 18:21:34 -0500 -

Stealth malware found spying on telecoms, energy sectorsRegin's complex nature suggests a nation state is behind the cyberespionage tool's development, Symantec reports.>


NBA Owner Vivek Ranadivé: Welcome to Civilization 3.0
Sun, 23 Nov 2014 14:02:20 -0500 -

NBA Owner Vivek Ranadivé: Welcome to Civilization 3.0"A little bit of the right info, just a little beforehand, is more valuable than all the info in the world, 6 months after the fact." - @VivekWhat does a software-run businesses and a professional basketball team have in common? According to Vivek Ranadivé, CEO of the software company Tibco and lead owner of the Sacramento Kings, a lot....


Sing Christmas carols with R2-D2 cookie jar
Sun, 23 Nov 2014 12:19:54 -0500 -

Sing Christmas carols with R2-D2 cookie jarGrab a Star Wars gingerbread cookie from this R2-D2 treat jar and be rewarded with beeping carols of "Jingle Bells," "Deck the Halls" and "We Wish You a Merry Christmas.">


Video games aren't all guns and gore; artistic titles are on the rise
Sun, 23 Nov 2014 07:00:03 -0500 -

Video games aren't all guns and gore; artistic titles are on the riseVideo games made by small studios have an effective tool in their arsenal when it comes to setting themselves apart.>


ESPN bans Twitter use for baseball writer who defended evolution
Sat, 22 Nov 2014 19:18:51 -0500 -

ESPN bans Twitter use for baseball writer who defended evolutionKeith Law gets into a Twitter debate with former pitcher Curt Schilling on the subject of evolution vs. creationism. ESPN confirms Law's Twitter use has been suspended but won't say why.>


ESPN: No more tweeting for baseball writer who defended evolution
Sat, 22 Nov 2014 19:15:06 -0500 -

ESPN bans Twitter use for baseball writer who defended evolutionKeith Law gets into a Twitter debate with former pitcher Curt Schilling on the subject of evolution vs. creationism. ESPN confirms Law's Twitter use has been suspended but won't say why.>


Need a laugh? 'Star Trek: The Next Generation' outtakes make it so
Sat, 22 Nov 2014 16:03:47 -0500 -

Need a laugh? 'Star Trek: The Next Generation' outtakes make it soGeordi has a giggle fit, Picard gets trampled by Bev Crusher, and Riker chases a shipmate in the most hilarious way possible in a new blooper reel.>


In new ad, Microsoft insists Siri is incompetent
Sat, 22 Nov 2014 15:15:21 -0500 -

In new ad, Microsoft insists Siri is incompetentWhat good is a digital assistant if she can't tell you to leave early because of traffic reports? That's a question asked by Microsoft at any rate.>


Checking out Photoshop for Chromebooks: Network-computing revived
Sat, 22 Nov 2014 14:47:33 -0500 -

Checking out Photoshop for Chromebooks: Network-computing revivedAdobe Photoshop Streaming runs on a Google server instead of your PC. Remember Sun Microsystems' motto "the network is the computer"? CNET's Stephen Shankland takes a look.>


Behind the scenes of a drone orchestra
Sat, 22 Nov 2014 12:42:23 -0500 -

Behind the scenes of a drone orchestraNew mini-documentary shows how launching a squadron of costumed drones over the heads of a live audience "was like a military operation.">


Ex-BlackBerry CEO Heins: 'I have no regrets' (Q&A)
Sat, 22 Nov 2014 11:21:08 -0500 -

Ex-BlackBerry CEO Heins: 'I have no regrets' (Q&A)A year after exiting BlackBerry, Thorsten Heins weighs in on his time at the smartphone maker and dishes on his current phone.>


Artist imagines Hogwarts in a galaxy far, far away
Sat, 22 Nov 2014 09:00:03 -0500 -

Artist imagines Hogwarts in a galaxy far, far awayWhat if your favorite "Star Wars" characters went to Hogwarts? Artist James Hance is back with his fantastic mashups, and shows us what "Star Wars" characters would look like in the Potterverse.>


George Lucas trades sci-fi for fantasy in 'Strange Magic' musical trailer
Fri, 21 Nov 2014 20:30:28 -0500 -

George Lucas trades sci-fi for fantasy in 'Strange Magic' musical trailerWho says all quests worth watching happen in space? Filmmaker George Lucas brings the hero's journey into the forest with his madcap musical fairy adventure, due out in January 2015.>


Does Flywheel exec shakeup spell trouble? CEO says no
Fri, 21 Nov 2014 19:58:12 -0500 -

Does Flywheel exec shakeup spell trouble? CEO says noWith new leadership and a $12 million funding round, the taxi-hailing app guns for ride-sharing rivals like Uber and Lyft.>


Pay it Forward by Mentoring the Next Generation
Fri, 21 Nov 2014 18:30:22 -0500 -

Pay it Forward by Mentoring the Next GenerationI'll admit it: Women can be hard on one other. We can be critical and judgmental. We sometimes, in this back-biting competitive world, live up to the negative stereotypes. You know what I'm talking about. But there's a flip side: Women can also be incredibly supportive of each other. We can be loving and generous. And sometimes, when we work...


Candy Crush is taking over your Facebook feed -- again
Fri, 21 Nov 2014 18:27:53 -0500 -

Candy Crush is taking over your Facebook feed -- againThe latest puzzle game from King.com is making waves on mobile devices, and its advertising campaign on Facebook has reached millions of people.>




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