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| McDonald’s Dollar Menu Price Hike Angers Homeless Wed, 08 Sep 2010 00:00:02 -0500 A San Francisco McDonald’s dollar menu is now $1.50, sparking speculation the franchise is directly targeting the area’s homeless. |
| ABC News President David Westin Resigns Wed, 08 Sep 2010 00:00:01 -0500 David Westin, president of ABC’s news division has announced he will leave his post at the end of the year after 13 years on the job. |
| HP Ex-CEO Mark Hurd Joins Rival Oracle Tue, 07 Sep 2010 09:00:09 -0500 HP is now suing Mark Hurd for a breach of contract after he joined Oracle as co-president just one month after being ousted from HP. |
| RyanAir CEO: Get Rid of Co-Pilots Tue, 07 Sep 2010 09:00:06 -0500 He's already suggested coin-operated bathrooms and standing-room only on planes. Michael O'Leary's latest ideas: replacing co-pilots with a computer and training flight attendants to land planes. |
| Does Congress Have Appetite for Obama Economic Initiatives? Tue, 07 Sep 2010 09:00:04 -0500 The White House is announcing a series of economic initiatives, including $50 billion in infrastructure spending. |
| BP Threaten Congress to Give Up on Offshore Drilling Legislation Mon, 06 Sep 2010 06:00:05 -0500 BP says if Congress passes any legislation banning drilling in the Gulf of Mexico, the potential legislation could prevent BP from paying back funds related to the oil spill. |
| Will New Ownership Revamp Burger King? Fri, 03 Sep 2010 00:00:05 -0500 Burger King is about to be sold to a private investor. Critics say it doesn’t need new ownership — it needs new direction. |
| Bernanke Takes On 'Too Big to Fail' Fri, 03 Sep 2010 00:00:02 -0500 In testimony to the congressional Financial Crisis Inquiry Commission, Federal Reserve Chairman Ben Bernanke sought to address the implications of “too big to fail” banks. |
| FDIC Says Troubled Banks List Highest Since 1993 Wed, 01 Sep 2010 06:00:07 -0500 FDIC announced that the number of troubled banks rose from 775 in first quarter to 829 in the second. People have pointed to this as a possible sign of a double dip. |
| CEO Pay Disclosure 'Buried' in Wall Street Reform Package Wed, 01 Sep 2010 06:00:05 -0500 Buried deep in the new Wall Street reform law is a public disclosure of CEO pay in relation to each company’s average employee. |
| Is Samsung Galaxy Tab an iPad Killer? Wed, 01 Sep 2010 00:00:01 -0500 The Samsung Galaxy Tab is likely to be the first Android-based competitor in the marketplace to take on Apple’s iPad, and boasts some features the iPad cannot - like Adobe Flash. |
| Japanese Yen Skyrockets as Exports Take Hit Tue, 31 Aug 2010 09:00:09 -0500 Japan tries to turn its economy around using stimulus spending and other incentives. At the same time, the yen is at a 15-year high against the dollar. |
| Intel Buys Infineon in Wireless Push Tue, 31 Aug 2010 04:00:02 -0500 Processing mogul Intel acquires the wireless division of Infineon, creating a merger that could give Intel the ability to thrive in the mobile market. |
| Bernanke Downplays 'Double-dip' Recession Sat, 28 Aug 2010 06:00:01 -0500 The Spring economic report shows the economy growing much slower than analysts predicted. Now, Federal Reserve Chairman Ben Bernanke is pledging to intervene if things get worse. |
| American Airlines Faces Biggest FAA Fine Ever Fri, 27 Aug 2010 09:00:07 -0500 The FAA slaps American Airlines with the biggest fine ever, more than $24 million for operating aircraft that weren’t “airworthy.” |
| Plans for 67-Story New York City Skyscraper Approved Thu, 26 Aug 2010 09:00:06 -0500 Plans for a new skyscraper would make an impression on the New York skyline, one 67 stories high. The skyscraper would change the view of New York City. |
| FDA Quality Control Is Under Investigation Again Wed, 25 Aug 2010 09:00:05 -0500 Due to the recent outbreak in salmonella cases, critics say FDA lacks oversight of egg market. FDA agrees, saying it needs more oversight. |
| HP, Dell Battle Over Data Storage Company 3PAR Wed, 25 Aug 2010 06:00:03 -0500 HP upped Dell's bid for 3Par by almost $500 million, a surprising move to many tech industry insiders. |
| Home Sales Plummet Wed, 25 Aug 2010 06:00:02 -0500 Sales of existing homes plummeted 27 percent in July, to the lowest rate on record. |
| Credit CARD Act Takes Full Effect Mon, 23 Aug 2010 06:00:01 -0500 The Credit Card Accountability, Responsibility and Disclosure Act of 2009 is taking full effect, but will it help consumers like it's supposed to? |
| High Jobless Numbers Bring More Economic Fears Fri, 20 Aug 2010 09:00:05 -0500 Weekly jobless claims were up higher than predicted, which has economists concerned about a slowing recovery. |
| CBO Estimates 2010 Deficit Will Top $1.3 Trillion Fri, 20 Aug 2010 06:00:03 -0500 The Congressional Budget Office released an improved outlook for the 2010 federal budget deficit, $27 billion lower than expected. However, the numbers are still eye-opening. |
| Intel Acquires McAfee in $7.7B Deal Thu, 19 Aug 2010 09:00:10 -0500 Chip-making powerhouse Intel is buying the McAfee security company for $7.68 billion in a deal that some say will change the electronic security sector. |
| News Corp. Donates $1M to GOP Wed, 18 Aug 2010 09:00:09 -0500 Fox News parent company News Corp. gave $1 million to the Republican Governors Association. The company says it’s just business; critics point to an official bias. |
| BP Done Handling Claims Wed, 18 Aug 2010 09:00:08 -0500 BP announced all claims need to be filed with the Gulf Coast Claims Facility starting Thursday. The further the business from the coast, the harder it is to claim. |
| Pork Prices Sizzle to All-Time High Tue, 17 Aug 2010 09:00:08 -0500 The cost of bacon is on the rise! Despite the extra cash for a pound of the good stuff, experts say it’s a step in the right direction for the U.S. economy. |
| Hulu Exploring Initial Public Offering Tue, 17 Aug 2010 06:00:01 -0500 According to The New York Times, the internet TV service Hulu may being going public in the fall. But is the company’s business model viable? |
| China Tops Japan as No. 2 Economy Mon, 16 Aug 2010 09:00:05 -0500 The latest GDP numbers are prompting the media to consider China's role in the world economy and what it means for the rest of the globe. |
| India Threatens BlackBerry Ban Fri, 13 Aug 2010 09:00:09 -0500 The Indian government is threatening to ban BlackBerry email and messaging services unless the phone company provides the government with secure access to them. |
| Wells Fargo Ordered to Refund $203M in Overdraft Fees Fri, 13 Aug 2010 09:00:05 -0500 A California judge has ruled against Wells Fargo and says the bank must refund California customers over $200 million in overdraft fees. |
| BAA Strike: Experts Fear Travel Chaos Fri, 13 Aug 2010 06:00:03 -0500 British airport operator BAA has voted to strike over a pay dispute, but experts warn it could adversely affect Britain's economy. |
| GM Shakeup: Profits, President and Going Public Thu, 12 Aug 2010 09:00:08 -0500 General Motors posts $1.3 billion in profits, changes its CEO and plans to go public. Will the developments help or hurt the automaker? |
| Trade Deficit Unexpectedly Widens Thu, 12 Aug 2010 09:00:05 -0500 After conservative estimates, the U.S. trade deficit unexpectedly rose 18.8 percent in June. This coupled with the U.S. rising trade deficit with China has economists worried. |
| JetBlue Flight Attendant Slater an Unlikely Hero to Some Wed, 11 Aug 2010 09:00:11 -0500 Steven Slater, the JetBlue flight attendant making headlines for his unique exit from a plane, is facing up to seven years in prison for his actions. |
| Dissecting the Google-Verizon Net Neutrality Proposal Wed, 11 Aug 2010 06:00:01 -0500 Google and Verizon's plans for a tiered Internet were quick to draw criticism from proponents of net-neutrality. |
| Federal Reserve Announces Next Move Tue, 10 Aug 2010 09:00:11 -0500 The Fed met Tuesday on economic policy. Following Friday’s report of declining job growth, the financial media are speculating on what the Fed needs to do to spur the economy. |
| Flash Now Available on Jailbroken iPhones Tue, 10 Aug 2010 06:00:03 -0500 Thanks to the app 'Frash', iPhone users who jailbreak their phones can now run Flash. Apple has so far refused to support the technology on its devices. |
| HP Looks to Future After CEO Mark Hurd Steps Down Tue, 10 Aug 2010 06:00:02 -0500 Questions remain after Mark Hurd was ousted as CEO of California-based Hewlett-Packard. Analysts look at the legacy he'll leave behind, and where HP goes from here. |
| Papermaster: iPhone Exec Steps Down Mon, 09 Aug 2010 10:00:08 -0500 Mark Papermaster, who oversaw hardware engineering for the iPhone, is stepping down amid reception problems that plagued the iPhone 4 since its launch. |
| Unemployment Holds Steady at 9.5 Percent Sat, 07 Aug 2010 06:00:01 -0500 The nation’s unemployment rate remains at 9.5 percent for July. Many are wondering if employment rates in the U.S. will remain flat for the next decade. |
| Russian Grain Export Ban Sparks Price Concerns Fri, 06 Aug 2010 09:00:08 -0500 Russian Prime Minister Vladimir Putin has banned exports of grain after the country's longest drought in 40 years, leaving analysts concerned over food prices. |
| Google, Verizon Deny Tiered-Web Rumors Fri, 06 Aug 2010 01:00:02 -0500 Though Google is denying the claim, sources say the company and Verizon are nearing a deal that would lead to a so-called “tiered” Web. |
| Prop. 19 to Legalize Pot Gains Popularity in California Thu, 05 Aug 2010 01:00:01 -0500 California’s Proposition 19, the Regulate, Control and Tax Cannabis Act of 2010, has gained more popularity than ever before over the past month. |
| Android Overtakes iPhone Sales Tue, 03 Aug 2010 09:00:11 -0500 The numbers for the first half of 2010 are out and Android sales are ahead of Apple’s iPhone by nearly 4 percent. |
| Shales: Amanpour Honored Taliban on ABC Tue, 03 Aug 2010 09:00:07 -0500 Christiane Amanpour has riled conservative media critics during her debut on ABC's “This Week” in the final “in memorium” segment. |
| Can AT&T, Verizon Replace Your Credit Cards? Tue, 03 Aug 2010 09:00:04 -0500 AT&T, Verizon and T-Mobile are teaming up to compete with credit card companies by allowing customers to pay for products with their smartphones. |
| UAE: BlackBerry a National Security Threat Tue, 03 Aug 2010 01:00:03 -0500 Blackberry services stand to be banned from the UAE unless manufacturer Research in Motion allows the UAE government to access users’ encrypted messages. |
| Garment Workers in Bangladesh Riot for Higher Wages Mon, 02 Aug 2010 09:00:00 -0500 In a country where the textile and clothing industry accounts for nearly 80% of its export income, dozens of factories have been closed as garment workers riot for higher wages. |
| Student Loans: The Next Financial Crisis? Sun, 01 Aug 2010 06:00:04 -0500 Findings from The Chronicle of Higher Education show that 1 in 5 student loans are in default. See how and why some say this could be the next big financial fallout. |
| St. Louis Fed Warns of Deflation Sun, 01 Aug 2010 06:00:01 -0500 St. Louis Fed Chief James Bullard is warning that low interest rates could lead to Japanese-style deflation in the U.S. |
| Toyota Issues 14th Recall of 2010 Sat, 31 Jul 2010 06:00:02 -0500 Toyota has issued another recall affecting more then 400,000 vehicles. Will this further damage the company's already tarnished reputations? |
| Apple Releases New 'Magic Trackpad' Thu, 29 Jul 2010 09:00:08 -0500 Apple released its new standalone, Bluetooth trackpad to mixed reviews. |
| Volt vs. Leaf: GM and Nissan in Electric Car Price War Thu, 29 Jul 2010 09:00:06 -0500 It’s a race to the technological top as car manufacturers roll out their newest electric cars. |
| U.S. Housing Prices Rise in May Thu, 29 Jul 2010 01:00:03 -0500 While housing prices rose for the month of May, many say a recovery for the housing market is still a ways off. |
| Bob Dudley: Who is BP’s New Boss? Tue, 27 Jul 2010 09:00:09 -0500 Analysts are cautiously optimistic about BP’s new boss, Bob Dudley, who will take over in October. |
| Ruling Allows Users to Legally 'Jailbreak' iPhones Tue, 27 Jul 2010 09:00:07 -0500 The U.S. Copyright Office passed a ruling that allows iPhone users to "jailbreak" their phones |
| Bell, Calif. Residents Outraged at Officials' High Salaries Tue, 27 Jul 2010 01:00:03 -0500 Residents irate over the high salaries hauled in by their public officials marched Sunday to the businesses and homes of the mayor and City Council members. |
| Google Revamps Image Search Mon, 26 Jul 2010 09:00:09 -0500 Google images redesigned its search layout to better suit its users’ needs, including up to a thousand images on one page. |
| Padded “Booty” Underwear Is Big Seller Mon, 26 Jul 2010 06:00:02 -0500 New padded bottom underwear that gives women the illusion of a bigger behind is turning into a trend. |
| Media: BP Boss Stepping Down Mon, 26 Jul 2010 06:00:01 -0500 Speculation is rampant that BP CEO Tony Hayward will announce his resignation this week. |
| Oil Companies Commit $1 Billion to Rapid Response System Fri, 23 Jul 2010 01:00:01 -0500 Four of the oil industry's biggest names have joined forces to create a $1 billion rapid response system, that will be present in case of any future oil spills. |
| Facebook Reaches 500 Million Users
Thu, 22 Jul 2010 09:00:04 -0500 Facebook announced on Wednesday it has reached a remarkable milestone: 500 million active users. |
| East Coast Facing Lobster Ban
Thu, 22 Jul 2010 01:00:03 -0500 Lobstermen argue the potential five-year ban would kill their industry, but an agency says it’s necessary to save the lobster population — and some suspect fishy dealings. |
| Soup Nazi Back in Business Wed, 21 Jul 2010 09:00:07 -0500 The original Soup Nazi, made famous by Seinfeld, has re-opened his NYC shop. See why it closed, and what the new place will be like. |
| Playboy: Safe for Work? Tue, 20 Jul 2010 09:00:10 -0500 Playboy launched a new website called "The Smoking Jacket," which the company reports is entirely work appropriate. |
| Forever21 Targeting Pregnant Teens? Tue, 20 Jul 2010 09:00:04 -0500 The clothing store chain popular with teens has launched a maternity line, sparking outcry that they’re targeting pregnant teenagers — especially because of where the stores are located. |
| Senate Cmte. Passes $18.7 Billion NASA Spending Bill Tue, 20 Jul 2010 06:00:01 -0500 The $18.7 billion bill authorizes private rockets for space travel and shifts focus from space exploration toward using space technology. |
| Skin Lightening Cream Sparks Outrage Mon, 19 Jul 2010 01:00:01 -0500 Vaseline’s new skin-lightening cream campaign in India has some calling the company racist. |
| Old Spice: The Future of Viral Marketing? Sun, 18 Jul 2010 09:00:04 -0500 The Old Spice Man took to the Internet, answering questions from social media outlets in one of the most successful viral advertising campaigns ever. |
| FDA Rejection of Qnexa Threatens Other Diet Drugs Sun, 18 Jul 2010 09:00:03 -0500 An FDA panel decided not to recommend diet drug Qnexa for approval. The decision creates uncertainty over the future of two other diet drugs poised to seek FDA approval this year. |
| Goldman Sachs Settles Fri, 16 Jul 2010 09:00:10 -0500 Goldman Sachs settles with the Securities and Exchange Commission over a questionable investment arrangement with a hedge fund. |
| Obama’s Stimulus Plan: Is It Working? Fri, 16 Jul 2010 09:00:08 -0500 President Obama is receiving skepticism over the recently released report saying the President’s stimulus plan created 3-billion jobs. |
| BP Halts Oil Leak During Test Thu, 15 Jul 2010 09:00:11 -0500 Officials say it's still too early to declare victory, but oil stopped flowing into the Gulf of Mexico during an integrity test. |
| EBay Sued for Patent Infringement of Paypal Thu, 15 Jul 2010 09:00:07 -0500 A company called XPRT Ventures says transaction system PayPal knowingly incorporated XPRT's technology, for which it had filed for U.S. patents, and has served eBay with a $3.8 billion lawsuit. |
| Facebook Facing Ownership Lawsuit Thu, 15 Jul 2010 01:00:03 -0500 Facebook is being sued again. Paul Ceglia, the man behind the lawsuit, claims he is due an 84% stake in the company. |
| iPhone 4 Reception Issues? Try Duct Tape Wed, 14 Jul 2010 09:00:12 -0500 Consumer Reports won't recommend the new iPhone 4 until Apple fixes its reception issues. Until then, it has a unique solution to the problem. |
| BP Ties to Lockerbie Bomber Release in Question Wed, 14 Jul 2010 09:00:05 -0500 Senators are calling for an investigation into the release of Pan Am bomber Abdel Baset Al-Megrahi. They say BP was involved in negotiating his release from prison. |
| Judge Applies Class Action Status to Suit Against Apple Tue, 13 Jul 2010 09:00:10 -0500 A lawsuit alleging that Apple and AT&T secretly formed monopoly has received class-action status, meaning the plaintiffs now represent everybody who bought an iPhone in the U.S. |
| DIY Apps: Google Unveils App Inventor Tue, 13 Jul 2010 09:00:09 -0500 Google and Android are teaming up on a do-it-yourself app creator, that could flood the Android market with new apps. But is that a good thing? |
| 'Despicable Me' Eclipses 'Twilight' at Box Office Mon, 12 Jul 2010 09:00:11 -0500 Steve Carell’s “Despicable Me” a 3-D animated comedy, opened at No. 1 in theaters this weekend, bringing in $60.1 million in ticket sales for Universal Pictures. |
| Facebook’s Virtual Gift Shop to Close Sat, 10 Jul 2010 06:00:05 -0500 Facebook announced it's closing its virtual gift store on August 1. Analysts are asking what it signals about Facebook's future plans. |
| China Renews Google's License Sat, 10 Jul 2010 06:00:03 -0500 After weeks of speculation, Chinese officials approved Google’s Internet license renewal. But it’s still unclear whether the search engine will be censored. |
| Netflix Signs Deal With Relativity Media Fri, 09 Jul 2010 06:00:02 -0500 The agreement between Netflix and Relativity Media will allow the website to stream movies online just months after their release on DVD. |
| Man Claims to be Lebron's Father Thu, 08 Jul 2010 09:00:09 -0500 The day LeBron James picks who he’ll sign with, a 55-year-old attorney is claiming to be James’ father and suing for $4 million. |
| Toyota Knew of Lexus Troubles Since 2007 Thu, 08 Jul 2010 06:00:01 -0500 Toyota knew about Lexus’ problem for years, but decided recall just wasn’t necessary |
| What to Make of BP Stock Wed, 07 Jul 2010 06:00:00 -0500 Despite recent talk of bankruptcy, BP will not issue new shares, leaving investors hopeful. |
| Will Tanning Tax Lure Tanners Away? Mon, 05 Jul 2010 06:00:04 -0500 A new federal tax has gone into effect costing tanning salons 10 percent. |
| Apple Issues Statement on iPhone 4 Sat, 03 Jul 2010 06:00:05 -0500 Apple says the reception bars weren’t right in the first place. And it says it’s just as perplexed about the whole thing as critics have been. |
| Garment Workers Protest Low Wages in Bangladesh Fri, 02 Jul 2010 09:00:06 -0500 Bangladeshi garment workers protest low wages and poor working conditions in factories that make clothing for major western companies. |
| Verizon to Sell iPhone in 2011? Thu, 01 Jul 2010 09:00:05 -0500 Rumors resurface that Verizon has struck a deal with Apple to carry the iPhone beginning in January 2011. |
| Debate Continues Over Google Leaving China Wed, 30 Jun 2010 09:00:08 -0500 In the showdown between two superpowers, it appears Google is the first to blink. Google is changing its course after China threatened to give the company the boot for bypassing censorship laws. |
| Larry King to Leave: What's Next? Wed, 30 Jun 2010 09:00:06 -0500 Larry King has announced he will end his run on CNN to spend more time with his family. Who can fill his shoes, and what does this mean for CNN? |
| FDA Report: Airline Food Unsanitary Wed, 30 Jun 2010 09:00:04 -0500 A report by the FDA found dangerous conditions in airline food kitchens. |
| Consumer Confidence, Stock Markets Slump Wed, 30 Jun 2010 06:00:02 -0500 Consumer confidence tanks in June, following three straight months of optimism. |
| Judge Rules: YouTube Not Guilty Thu, 24 Jun 2010 06:00:11 -0500 Google gains an important legal victory over Viacom, proving YouTube did not infringe on Viacom's copyright laws. |
| BP Appoints American to Lead Gulf Clean-up Wed, 23 Jun 2010 06:00:09 -0500 Bob Dudley has replaced Tony Hayward to oversee the oil spill cleanup in the Gulf of Mexico. |
| Happy Meal Toys Deceptive? Wed, 23 Jun 2010 06:00:08 -0500 A group calling itself "the food police" says it plans to sue McDonald's for using the Happy Meal to lure kids into eating fast food. |
| Kids Prefer Cartoon-branded Foods Tue, 22 Jun 2010 06:00:03 -0500 A Yale University study found that kids preferred the taste of foods with familiar characters on the packaging, especially when it came to junk food. |
| Pres. Obama Issues Moratorium on Deepwater Drilling Tue, 22 Jun 2010 06:00:01 -0500 The moratorium will suspend deepwater drilling in the Gulf for six months to encourage more safety regulations. A federal judge will rule on the injunction by Wednesday. |
| BP Docs Show Worst-Case Scenario Mon, 21 Jun 2010 00:00:10 -0500 Newly released internal BP documents show the company’s worst-case scenario estimates are far higher than BP has said. |
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| Word of the day |
Merriam-Webster's Word of the Day for September 08, 2010 is:
zenith • \ZEE-nith\ • noun
1 : the point of the celestial sphere that is directly opposite the and vertically above the observer 2 : the highest point reached in the heavens by a celestial body 3 : culminating point : acme
Example sentence:
"The race was either the nadir or the zenith of high jinks politics, depending on one's point of view." (Kathleen Parker, Charlotte Observer, June 14, 2010)
Did you know?
When you reach the zenith, you’re at the top, the pinnacle, the summit, the peak. "Zenith” developed from Arabic terms meaning "the way over one’s head," and then traveled through Old Spanish, Medieval Latin, and Middle French before arriving in English. As long ago as the 1300s, English speakers used "zenith" to name the highest point in the celestial heavens, directly overhead. By the 1600s, "zenith" was being used for other high points as well. As in our example sentence, "zenith" is often contrasted with "nadir." In celestial contexts, the nadir is the point that is vertically downward from the observer (imagine a line going through the earth from the observer's feet and out the other side into the sky). Figuratively, "nadir" simply means "the lowest point."