On the US economic front, more good news! New data shows that the United States jobless rate has fallen to a three-year low of 8.3 percent. A quarter of a million new jobs were created in January alone, far exceeding most economists’ expectations of only …
I’d hate to be Honda right about now. The car manufacturer is paying out 10 thousand dollars in compensation after a Los Angeles resident filed a suit claiming her hybrid Civic gets 20 miles to the gallon LESS than advertised. This may SOUND like pocket …
Microsoft has launched a version of their popular “Kinect” motion-sensing technology for use with Windows-based computers. Previously, Kinect was only available as a peripheral for the Xbox 360 game console. However, the new PC Kinect will cost you nearly twice as much as the Xbox …
Facebook has finally filed their IPO, seeking to raise 5 billion dollars in capital. There’s still speculation as to what the company will be valued at, but we’ll have a clearer picture the closer they come to actually trading. What IS known is that the …
Treasure hunting in 2012 may sound like a sucker’s errand, but one man is looking to prove us wrong. Greg Brooks of Sub Sea Research has negotiated salvage rights to the Port Nicholson, a UK merchant ship that sank off the US coast in 1942. …
Taxpayer-owned Freddie Mac corporation is being accused of placing money into investments that only pay off if Americans remain stuck in high-interest mortgages. This is pretty unbelievable ESPECIALLY because they’re the ones who underwrite the US mortgage market! They’re also the ones who’ve received $70 …
Days after shutting down Megaupload, US prosecutors are now planning to delete the stored data of up to 50 million users. This is an obvious sticking point for those who use the file-sharing site services to store personal photographs and documents. A lawyer on behalf …
TripAdvisor has unveiled its annual list of the best-rated places to stay in the United States. Coming out on top is the Elysian, a lavish hotel in downtown Chicago. Reviewers say the five-star inn is nothing short of luxurious, with breathtaking rooms, service fit for …
It finally looks like Facebook is about to go public. Both the Financial Times and the Wall Street Journal claim the social media giant will file the paperwork this Wednesday, with both Morgan Stanley and Goldman Sachs underwriting the sale. Once publicly listed, Facebook’s value …
Sometimes bigger actually DOES mean better. Prime example: web uber-giant Google has topped Fortune Magazine’s list of the 100 best employers in the world. The reasons are plenty too: their New York office offers everything from bowling alleys to free massages to plush chairs and …
