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Once chic, the euro now fashion victim
Written on 21 Jun, 2010 at 6:09 in Money | viewed 63 views times and users have made 0 comments so far
Two years ago, Billy’s Antiques & Props on East Houston Street in Manhattan caused an international media stir when the proprietor hung a handmade sign that read: “Euros Only.” For Billy Leroy, owner of the street-side shop that... (Continue reading)
Obama praises China’s move to allow its currency to float
Written on 21 Jun, 2010 at 6:07 in Money | viewed 59 views times and users have made 0 comments so far
Washington President Barack Obama welcomed Saturday’s news that China’s central bank will allow its national currency to float ahead of the G-20 summit in Toronto, Canada, next week. In a statement issued Saturday, Obama praised China’s decision to... (Continue reading)
BP document: Worst-case scenario — 4.2 million gallons daily in Gulf
Written on 21 Jun, 2010 at 6:04 in USA | viewed 65 views times and users have made 0 comments so far
A BP estimate made after the explosion of the Deepwater Horizon noted that as much as 100,000 barrels per day could leak into the ocean if the blowout preventer and wellhead were removed, a higher worst-case scenario... (Continue reading)
‘Toy Story’ breaks records at box office
Written on 21 Jun, 2010 at 5:35 in Entertainment | viewed 72 views times and users have made 0 comments so far
It may not have reached infinity and beyond, but “Toy Story 3″ has broken records with its Father’s Day weekend debut. The G-rated movie starring everyone’s favorite Pixar characters Buzz Lightyear and Cowboy Woody grossed an estimated... (Continue reading)
Stretching the market rally
Written on 21 Jun, 2010 at 5:33 in Money | viewed 50 views times and users have made 0 comments so far
A two-week advance looks to continue this week, as investors consider the latest on the global economy — but the early summer correction may not be over. After slumping almost 14% in six weeks, stocks, as measured by... (Continue reading)
China ’steals U.S. thunder’ ahead of G20
Written on 21 Jun, 2010 at 5:30 in Money | viewed 48 views times and users have made 0 comments so far
China’s announcement that it will introduce more flexibility into its exchange rate is a deft political move amid rising international criticism of Beijing, but the economic implications are much less certain. Although Chinese officials insisted on Sunday... (Continue reading)
US Regulators Move Forward With Broadband Rules
Written on 19 Jun, 2010 at 7:13 in Technology | viewed 61 views times and users have made 0 comments so far
U.S. communications authorities Thursday took a small but significant step toward regulating high-speed Internet in a bid to reclaim oversight, setting the stage for an eventual legal showdown with industry heavyweights. Big broadband providers like AT&T // [T ... (Continue reading)
BP Contracts With Costner’s Company for Oil Cleanup
Written on 19 Jun, 2010 at 7:08 in Technology | viewed 75 views times and users have made 0 comments so far
BP’s effort to clean up millions of gallons of oil in the Gulf of Mexico is turning to technology developed two decades ago by a researcher at the Idaho National Laboratory. The energy company has contracted to buy... (Continue reading)
Cousteau Says Technology Can Clean Gulf Oil Now
Written on 19 Jun, 2010 at 7:06 in Technology | viewed 67 views times and users have made 0 comments so far
Machines that separate oil from water—even allowing the oil to be refined later—can be on-site in the Gulf of Mexico within days, Jean-Michel Cousteau, president and founder of the Ocean Futures Society, told CNBC Thursday. Cousteau, who is... (Continue reading)
A Bold Phone Fades a Bit in the Details
Written on 19 Jun, 2010 at 7:04 in Technology | viewed 222 views times and users have made 1 comment so far
Fine print, baby. It’s all about the fine print. It’ll get you when you buy a car. When you rent an apartment. When you sign a prenup. Most of all, it’ll get you when you buy the new ... (Continue reading)