Archive for: November, 2010

Study links excessive texting to teens’ unhealthy lifestyles

Texting

High school students who text heavily and spend hours on social networking  sites are more likely to develop unhealthy lifestyles and risky behaviors, a study by Case Western Reserve University said in a conference last week. Texting was associated by researchers to unprotected sex, smoking, alcohol abuse, eating disorders, depression and other psychiatric problems. Teens […]

Amazon.com expands into film business

Spotlight

Amazon.com has formed Amazon Studios, a business unit that would grant $2.7 million annually to filmmakers to assist them in making movies for major Hollywood studios. The announcement by the Seattle-based online retailer was made on Tuesday. Amazon Studios would let aspiring filmmakers submit movie ideas and stories to their site where users can review […]

Congressional panels warns about hard impact of foreclosures

Foreclosures

The foreclosure documents fiasco, which has prompted an ongoing federal investigation, could have grave consequences for banks, lenders and the whole housing market, the Congressional Oversight Panel warned on Tuesday. The panel outlined in its latest report about a host of potential problems that the foreclosure mess can create. It describes a best-case scenario, where […]

Fish oil does not prevent abnormal heart rhythm, study shows

Fish oil

Fish oil in the form of omega-3 supplements is not effective in preventing or limiting cases of an abnormal heart rhythm called atrial fibrillation, American researchers say. Atrial fibrillation causes the heart to pump blood inefficiently and predisposes to blood clots that can cause stroke or death. It was hoped that omega-3, long been established […]

Apple welcomes Apple. Beatles finally available in iTunes

The Beatles

Beatles songs would be finally available for purchase in Apple, Inc.’s iTunes music store after a long-running dispute has ended through an agreement, according to anonymous sources privy to the deal. Apple would reportedly be announcing the agreement formally today although company representatives declined to comment. Cupertino, California-based Apple, Inc. and the legendary band’s Apple […]

Another Qantas plane experiences engine problems

Quantas airplane

After grounding its entire A380 airplane fleet because of a mid-flight explosion in a jet in November 4, Qantas suffered another setback when another one of its planes, this time a Boeing 747 carrying 221 passengers, encountered an electrical problem when it was above the Pacific Ocean en route from Sydney to Buenos Aires, Argentina. […]

Japanese economy shows signs of life

Economy statistics

The economy of Japan grew at an annualized rate of 3.9 percent during the third quarter as the stimulus package of the government boosted private spending. But analysts cautioned against feeling overly optimistic, since a possibility of a dip is likely if the yen gets stronger, exports weaken and subsidies given for the acquisition of […]

Caffeine drink Four Loko stopped in New York, dangerous for teens

Energy drinks

Four Loko, the caffeinated alcoholic beverage that was banned by four states, would not be shipped in New York stores anymore by November 19. The decision was made by the energy drink manufacturer Phusion Projects, based in Chicago, in coordination with New York’s State Liquor Authority and Governor David Paterson. The deal also involved state-wide […]

U.S. snowstorm whips Midwest, causes hundreds of car crashes

Snow storm

A powerful snowstorm hit the U.S. Midwest this weekend and caused hundreds of vehicular accidents in Minnesota. Two people were killed in Wisconsin due to the same adverse weather situation. Heavy snowfall was recorded at the Twin Cities metropolitan area on Saturday evening causing power interruptions and downing several trees. “Rapidly deteriorating road conditions” in […]

APEC leaders pledge to engage in free trade practices

Apec Finance

Leaders of the Asia-Pacific Economic Cooperation (APEC) on Sunday committed to adopting measures to encourage free trade pacts between the 21 member-economies and slowly lift restrictions that encourage protectionism. The declaration in Yokohama overcame serious differences over currency controls and instead focused on increasing investments and multilateral trade in the region in the coming years. […]

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