Category archives for: Featured News

Government shutdown may loosen grasp on vital economic stats

Government Shutdown

A looming federal government shutdown caused by the deadlock on the budget may affect the release of the latest economic statistics, which in turn can hamper analysis of the impact of surging commodity prices. An estimated 800,000 government workers, including employees of the Commerce and Labor Departments, will be affected by a potential government shutdown. […]

Smart car technology to be created through Microsoft-Toyota partnership

Smart Car

Smart car information and communication technology for Toyota vehicles will be developed by Microsoft Corp. under a new $12 million contract signed by the two companies on Wednesday. Telematics, features that include GPS, telecommunications and multimedia, will be developed and installed by Microsoft and Toyota engineers in future car models. The new smart car system […]

Angelina Jolie in Libya – Tunisia border to visit war refugees

Angelina Jolie in Libya

Angelina Jolie visited refugees trapped along the border between Libya and Tunisia even as fierce fighting between Col. Moammar Gadhafi’s forces and rebels continued. Taking some time off from her busy family schedule, Angelina Jolie visited a border camp on Tuesday as part of her work as a goodwill ambassador for the United Nations High […]

Ozone layer over Arctic circle thins by a whopping 40 percent

Ozone Layer

Ozone layer depletion in the Arctic has reached an alarming level according to the United Nations’ World Meteorological Organization. The weather agency reported Tuesday that the protective layer in the earth’s stratosphere over the Arctic region has dropped 40 percent this winter season, the largest reduction since monitoring began. Antarctica’s huge ozone hole is the […]

Estrogen pills linked to higher incidence of stroke among older women

Estrogen Pills

Estrogen pills are prescribed for older women who have had their uterus removed and about one quarter of those in menopause have underwent the procedure called hysterectomy. But some studies linking the hormone pills to stroke and heart attacks have sparked fears among menopausal women. A new federal health study of 10,739 women shows that […]

Boeing 737 planes are breaking down faster than expected

Boeing 737

Boeing 737 aircraft used by many airlines around the world may not be as sturdy as originally designed. Manufacturer Boeing Inc. admitted that metal fatigue could be affecting the planes much sooner than they projected. Older models of Boeing 737 planes are currently being inspected for cracks in the fuselage after a five-foot hole opened […]

Harry Potter to cast spells on Kindle and iPad users

Harry Potter

Harry Potter is coming to the Kindle and iPad as soon as creator J.K. Rowling agrees on making the hugely popular fantasy books available for download. The author is considering how to replicate the success of her work after winning fans through traditional publishing and the movies, this time in the e-book market. “We are […]

Copa America: Japan pulls out of tournament due to disasters

Copa America

Copa America 2011 will be missing Asian champions Japan as it withdrew its participation from one of the most prestigious football events in the world. Japan football officials cited the rebuilding efforts in its country hit by the earthquake and tsunami, and the ongoing nuclear reactor crisis for its decision. The disasters have stopped league […]

Boeing 737 planes endanger passengers as more cracks found

Boeing 737

Boeing 737 aircraft will be undergoing rigorous safety inspections to find cracks and other signs of wear and tear in the planes’ fuselage, the Federal Aviation Administration said Monday. The order comes three days after a Southwest Airlines Boeing 737-300 plane had to make an emergency landing after part of its cabin blew open in […]

Inflation must be watched more closely, Fed’s Bernanke says

Inflation

Inflation must be monitored “extremely closely” in the days ahead because commodity costs are not showing signs of stabilizing, Ben S. Bernanke, the chairman of the U.S. Federal Reserve, told an audience in Stone Mountain, Georgia. Bernanke sees commodity prices to eventually go down and its impact on inflation “transitory” but also warns about forecasts […]

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