US Business News

Google spending $7mn to fight child pornography

LONDON - Internet giant Google said it is spending $5 million to wipe images of child abuse off the Internet and another $2 million to create tools to find the images and eradicate them. "We're in the business of making information widely available, but there's certain 'information' that should never be created or found," wrote Jacqueline Fuller, director of Google Giving, in a blog post. ...
Yahoo follows Facebook and Microsoft in publishing US govt sought snoop data

Internet corporation Yahoo has followed the league of technological companies in publishing reports about 'snoop data' requests made by the US government. According to the Guardian, Yahoo has revealed that it had received 12,000-13,000 requests, inclusive of criminal, Foreign Intelligence Surveillance Act (FISA), and other requests by the government between 1 December 2012 and 31 May ...
General Motors recalls 231000 SUVs over fire risk

US General Motors Co. is set to recall about 231,000 older SUVs over fire risks and has urged owners to park them outside garages until they are repaired, a media report said. The Detroit-based automaker agreed to recall 193,000 2006-2007 Chevrolet Trailblazer, GMC Envoy, Buick Rainier, SAAB 9-7x, Isuzu Ascender and 2006 Chevrolet Trailblazer EXT and GMC Envoy XL in the US, reported ...
Why Doesnt Snowden Tell Us North Koreas Game Plan

Computer whiz Edward Snowden's revelations of the NSA's broadbrush program for sweeping up internet and phone messages by the millions raises a perplexing question: If the NSA and CIA and others know so much, why do we have so much trouble seeing through North Korea? Take North Korea's offer to talk to the U.S. after spurning talks with South Korea. The excitement generated by ...
What Should Reform Conservatives Say And Do About Jobs

our reform conservative agendas . I'll let Ross respond for himself if he wants to but I'll say a few words for myself. I want to highlight that I think his point is very fair and very ...

Movie Review

The Evil Dead [DVD]

In the spring of 1982, a low-budget horror film made by a bunch of college buddies from Michigan State University, shot in the fall of 1979 on 16mm for about $50,000, debuted to unexpectedly rave reviews at the Cannes Film Festival. After being hailed as a masterpiece by author Stephen King, the freshman work of a 23-year-old writer/director named Sam Raimi went on to theaters and has since becom ... ...

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Time For ECB To Agree A New Plan For Cyprus

March , developments in Cyprus have received little attention of late. The situation there, however, remains extremely serious and still has the potential to destabilize the euro area. Last week, the Cypriot President, Nicos Anastasiades sent a ...
Want To Gain Momentum Follow The Path Of The Most Successful Entrepreneurs

I am not sure Sisyphusian is a word, but it should be. If you remember your mythology, Sisyphus, as punishment, was made to roll a huge boulder up a steep hill. But before he could reach the top, the massive stone would always roll back down, forcing him to begin again. If you are building your own company, you can relate. It sounds like how you spend a good part of your days. It is awfully ...
Microsoft Samsung HP join to stop Windows piracy

IDG News Service - Hewlett-Packard and Samsung Electronics will now ensure that their PCs in China are installed with licensed Windows and Office software as part of new agreements signed with Microsoft meant to fight ...
Fed May Keep Options Open on Easing

Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve. Economic data since the 19 officials met in May has been mixed. Employment growth was steady and consumers kept spending despite the drag of tax ...
Bond investors bracing for Bernanke

During the week ended June 12, investors pulled a record $14.45 billion out of bond funds and $8.5 billion out of equity funds, according to EPFR, a global fund flows and allocations data ...

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Quotable Quotes

Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.

Hassan Rouhani

Iran's president-elect was speaking after his historic election victory.

Hotel Review

Metro Hotel on Pitt

A truly affordable hotel in Sydney, with stylish decor, great location and in-house snazzy brasserie? If the notion of affordable ...

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Should tax havens be forced to lift their shroud of secrecy?

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Featured Story

Florida man stripped naked, beaten and robbed at gunpoint during first date

A man in Florida has reported to the police that he was beaten, robbed, stripped naked and abandoned on the side of a road during a first date in Bunnell.

Shaun Williams was spotted by the police on a state road in Bunnell, covered in blood, and was taken to a local hospital, the New York Daily News reported.

According to FlaglerLive, Williams met a woman in a Daytona Beach convenience store about two weeks ago.

After some conversation, they exchanged phone numbers and decided to meet for their first date on Friday.

The woman agreed to pick Williams up from the convenience store where they first met, the report said.

The woman, whose real name has not been released, showed up in a dark blue sedan along with two other men, one she called her brother, and the other her brother's friend.

She told him that she needed to drop them before going on their date.

The girl drove for several minutes before the brother told her to turn into a side street, as he wanted to meet someone.

When Williams came out to take a bathroom break, a hard metal object hit him and he fell on the ground.

The attackers then allegedly pointed a gun and demanded for money and clothes.

The men forced him to hand over his prepaid cell phone, his Florida driver's license, 200 dollars in cash and all of the clothes he picked out for his first date, FlaglerLive stated. ...