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August 30, 2011

Graphene finding could lead to super-fast Internet

Filed under: Interesting,Medical,News — admin @ 10:24 pm

LONDON (Reuters) – British scientists have devised a way of using graphene, the thinnest material in the world, to capture and convert more light than previously, paving the way for advances in high-speed Internet and other optical communications.

Wall Street gains as Fed minutes boost stimulus bets

Filed under: Interesting,Medical,News — admin @ 10:24 pm

NEW YORK (Reuters) – Stocks rose for a third straight day on Tuesday in a volatile session, after minutes from the latest Federal Reserve meeting boosted expectations the U.S. central bank will act again to stimulate the economy.


Consumer confidence crumbles to 2-year low

Filed under: Interesting,Medical,News — admin @ 10:24 pm

NEW YORK (Reuters) – Consumer confidence plunged in August to its lowest since the 2007-2009 recession, after a bruising battle over the budget slammed stock prices and pushed the nation to the brink of default.


Exxon, Rosneft tie up in Russian Arctic, U.S

Filed under: Interesting,Medical,News — admin @ 10:24 pm

SOCHI, Russia/SAN FRANCISCO (Reuters) – Exxon Mobil Corp and Rosneft signed an agreement to extract oil and gas from the Russian Arctic, in the most significant U.S.-Russian corporate deal since U.S. President Barack Obama began a push to improve ties.


Grim Fed pondered even bolder easing in August

Filed under: Interesting,Medical,News — admin @ 10:24 pm

WASHINGTON (Reuters) – The central bank in early August discussed a range of unusual tools it could use to help the economy, with some officials pressing for bold new steps to help the economy.


Lehman payout plan OK’d for creditor vote

Filed under: Interesting,Medical,News — admin @ 10:24 pm

NEW YORK (Reuters) – Creditors of Lehman Brothers Holdings Inc will be allowed to vote on the failed bank’s $65 billion payback plan, clearing a major hurdle in the path to ending the biggest bankruptcy in U.S. history.


BofA sued over $1.75 billion Countrywide mortgage pool

Filed under: Interesting,Medical,News — admin @ 10:24 pm

NEW YORK/CHARLOTTE, North Carolina (Reuters) – Bank of America Corp was sued by the trustee of a $1.75 billion mortgage pool, which seeks to force the bank to buy back the underlying loans because of alleged misrepresentations in how they were made.


Oracle brings new claims against HP in Itanium case

Filed under: Interesting,Medical,News — admin @ 10:24 pm

SAN FRANCISCO (Reuters) – Oracle Corp accused Hewlett-Packard Co of fraud for concealing facts during negotiations between the two companies, according to a court filing.


Icahn offers to backstop a Clorox auction

Filed under: Interesting,Medical,News — admin @ 10:24 pm

NEW YORK (Reuters) – Billionaire investor Carl Icahn said on Tuesday his nominees for Clorox Co’s board would try to sell the bleach maker if elected, with him backstopping an auction with a $10.26 billion bid.


Jobs data will help traders guess Fed move

Filed under: Interesting,Medical,News — admin @ 10:24 pm

NEW YORK (Reuters) – Starting Wednesday, three data points coming out this week on jobs in August will help Treasury traders predict the direction the economy could take, but they probably won’t move prices drastically themselves, analysts said on Tuesday.


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