
Social security will dole out more benefits than it will accept this year due to payroll taxes during this economic downturn, but the new health care reform law can extend the solvency of Medicare for years, according to government reports issued Thursday. But the good scenario will only happen if Congress and the Obama administration […]
Friday August 06 2010, 11:01 AM EDT | Posted in
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The consumer travel rebound is being slowed down by high airfares, despite an increase in corporate travel, so says Orbitz Worldwide President and CEO Barney Hartford. In an interview with CNBC on Thursday, Hartford said, “We’re seeing a really good recovery, especially in corporate travel, but generally, the travel industry is doing a lot better.” […]
Friday August 06 2010, 11:01 AM EDT | Posted in
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You might want to think twice before taking that diet supplement pill and drinks. Consumer Reports released a study about the potential health risks by some ingredients found in many supplements consumers are taking as part of their diet and exercise regimen. The study, done with Natural Medicines Comprehensive Database, an independent research group, identified […]
Thursday August 05 2010, 11:02 AM EDT | Posted in
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Blizzard is launching an onslaught of Zergs, Protoss, and Terrans to computer gamers. The gaming software company reported today that its long-awaited, highly-anticipated sci-fi strategy game Starcraft II: Wings of Liberty have sold more than 1 million copies worldwide during the first 24 hours, and 1.5 million after two days of launch. The company claimed […]
Thursday August 05 2010, 11:02 AM EDT | Posted in
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Businesses are careful about hiring due to decreased spending by American consumers. Shoppers will need to be less thrifty if the U.S. wants unemployment rates to go down and economic turnaround to be sustained. However, data released Tuesday reflected just the opposite of the needed spending spike, with Americans unwilling to increase spending even as […]
Thursday August 05 2010, 11:01 AM EDT | Posted in
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A UNESCO meeting just announced the addition of twelve places on its list of World Heritage sites, a powerful promotion for these sites for tourism as well as conservation efforts. The World Heritage Committee of UNESCO, which finished discussions after ten days in Brasilia, gave the coveted title to already-famous tourist spots like France’s historic […]
Wednesday August 04 2010, 11:07 AM EDT | Posted in
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Music star and activist Wyclef Jean is set to announce that he will be running for the highest office in his native Haiti, according to CNN reports on Tuesday. Rumors are rife that the hip-hop star will run for president and CNN sources said that the artist will confirm his plan during the network’s “Larry […]
Wednesday August 04 2010, 11:06 AM EDT | Posted in
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Speaking before an audience at the New York University’s Stern School of Business, U.S. Treasury Secretary Timothy Geithner talked about the government’s financial reform program. Secretary Geithner promised in Manhattan that President Obama’s administration through the treasury department will do everything to help Wall Street understand the new financial regulations which many business people are […]
Wednesday August 04 2010, 10:06 AM EDT | Posted in
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In a joint announcement made on Monday, Intel and GE said that they will create a company that will provide medical care technology to seniors and patients with chronic diseases. “Health care faces a growing challenge as people live longer and care costs rise”, said Omar Ishrak, senior vice president of GE and president and […]
Tuesday August 03 2010, 11:20 AM EDT | Posted in
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NASCAR has become the unlikely builder of one of America’s largest alternative energy installation. The Pennsylvania 500 held yesterday made Pocono Raceway the largest facility in the world using solar power using almost 40,000 solar panels. Officials in Long Pond, Pennsylvania inaugurated the solar facility’s construction a year ago, with the hopes of eventually providing […]
Tuesday August 03 2010, 11:19 AM EDT | Posted in
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