Articles by Staff Reporter

Staff Reporter

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Formula One is no Child's Play For Verstappen

Oct 3, 2014 06:03 AM EDT

Sebastian Vettel lost another Formula One record to the Playstation generation on Friday when Max Verstappen became the youngest driver to take part in a grand prix weekend only days after his 17th birthday.

Facebook Plans Stricter Scrutiny For Accessing User Data

Oct 3, 2014 06:00 AM EDT

Facebook Inc plans a stricter review of requests to access information on its 1.32 billion active users after a psychological experiment on unwitting users in 2012 created a furor on social media.

As Midterms Loom, Obama Shifts Spotlight to Economy

Oct 3, 2014 05:57 AM EDT

President Barack Obama tried on Thursday to turn the spotlight on the economy, the issue U.S. voters care about most ahead of November midterm elections, making the case that his policies have steered the country away from the brink of collapse and laid a foundation for growth.

Scientists Check The Engine of Cheetahs, Animal World's 'Ferrari'

Oct 3, 2014 05:55 AM EDT

Cheetahs can aptly be called the race cars of the animal kingdom: sleek, graceful and supremely speedy.

Civil Rights Charges Unlikely For George Zimmerman: Washington Post

Oct 3, 2014 05:50 AM EDT

The U.S. Justice Department on Thursday declined to comment directly on a Washington Post report that officials are unlikely to bring civil rights charges against George Zimmerman, who was acquitted after the 2012 shooting death of an unarmed black teenager in Florida.

Lohan Comes Out Smiles in London 'Speed-The-Plow' Revival

Oct 3, 2014 05:46 AM EDT

Lindsay Lohan kept an opening night audience hanging on her every word, in part to see if she'd forget any, as she made her stage debut on Thursday night in a West End revival of "Speed-the-Plow",David Mamet's scathing satire of Hollywood.

More Than 800 Flights Canceled in Chicago Due to Weather, Fire Issues

Oct 3, 2014 05:33 AM EDT

Incoming stormy weather and operational problems caused by a fire last week at aChicago-area air traffic control facility forced the cancellation of more than 800 flights on Thursday at Chicagoairports.

Kellogg CEO Planning to Meet United Biscuits to Discuss Deal: WSJ

Oct 3, 2014 05:28 AM EDT

Cereal maker Kellogg Co's chief executive officer is planning to meet with cookies and snacks maker United Biscuits Ltd to discuss a possible 2 billion pound ($3.23 billion) offer for the British company, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Nigeria's Boko Haram 'Leader' Appears in New Video

Oct 3, 2014 05:27 AM EDT

A man claiming to be Boko Haram leader Abubakar Shekau appeared in a new video on Thursday, contradicting Nigerian military reports that he had been killed.

Pimco CEO Says ‘Our DNA is Fundamentally Unchanged’ After Gross

Oct 3, 2014 05:23 AM EDT

Pimco CEO Doug Hodge played defense on Thursday, reiterating that Bill Gross's departure has not affected the way the U.S. bond giant functions.

JPMorgan Hack Exposed Data of 83 Million, Among Biggest Breaches in History

Oct 3, 2014 05:21 AM EDT

Names, addresses, phone numbers and email addresses of the holders of some 83 million households and small business accounts were exposed when computer systems at JPMorgan Chase & Co were recently compromised by hackers, making it one of the biggest data breaches in history.

BOJ to Stand Pat as Weak Data Tests Its Rosy Price Forecast

Oct 3, 2014 05:19 AM EDT

Bank of Japan policymakers meeting next week will start debating how to justify maintaining their rosy inflation forecasts even as a slew of weak data will likely force them to cut their economic growth projections later this month.

Google to Launch Own Mobile Chat App: Economic Times

Oct 3, 2014 05:16 AM EDT

Software giant Google Inc plans to launch a mobile messaging app it is likely to test in India and other emerging markets, the Economic Times newspaper reported on Friday, citing sources.

RadioShack Reaches Refinancing Deal With Standard General: Bloomberg

Oct 3, 2014 05:14 AM EDT

Cash-strapped electronics retailer RadioShack Corp has reached an agreement with a consortium led by its largest shareholder Standard General LP to refinance about $590 million of loans to re-stock ahead of the holiday season, Bloomberg reported, citing a person familiar with the matter.

Exclusive: Goldman Considering Setting up New Infrastructure Fund

Oct 3, 2014 05:11 AM EDT

Goldman Sachs Group Inc is considering raising a new infrastructure fund, according to three people familiar with the matter, even as U.S. regulations threaten to reduce its profits from such endeavors.

Rights Groups Condemn Myanmar's Rohingya Plan

Oct 3, 2014 05:09 AM EDT

Human rights groups condemned on Friday a Myanmar government plan that could force thousands of minority Rohingya Muslims into detention camps indefinitely if they do not qualify for citizenship.

Weak Yen Positive For Economy if Synchs With Fundamentals: BOJ's Kuroda

Oct 3, 2014 05:07 AM EDT

Bank of Japan Governor Haruhiko Kuroda said on Friday that the yen's weakening is broadly positive for the Japanese economy as long as it reflected the underlying fundamentals.

Australian PM Seeks re-Think on Parliament Burqa Ban After Backlash

Oct 3, 2014 05:04 AM EDT

Australian Prime Minister Tony Abbott asked officials on Friday to re-think restrictions on members of the public wearing face-coverings such as burqas in parliament following a public backlash against the measures.

Britain Threatens to Ignore European Court of Human Rights Rulings

Oct 3, 2014 04:31 AM EDT

Britain will quit the European Court of Human Rights unless it agrees that theWestminster parliament has the final say over its rulings, Prime Minister David Cameron's Conservatives said on Friday.

Williams Withdraws From China With Knee Injury

Oct 3, 2014 04:28 AM EDT

World number one Serena Williams will head to Europe to undergo tests on a left knee injury after she was forced to pull out of the China Open hours before her quarter-final against Sam Stosur on Friday.

Djokovic Despatches Dimitrov in Beijing, Williams Withdraws

Oct 3, 2014 04:23 AM EDT

World number one Novak Djokovic continued his march to a fifth China Open title by dismantling a flat Grigor Dimitrov in a one-sided quarter-final on Friday while women's top seed Serena Williams was forced to pull out through injury.

Nominee Moscovici Must Also Answer More EU Committee Questions

Oct 3, 2014 04:20 AM EDT

Pierre Moscovici must answer further written questions from the European Parliament's economic affairs committee by late on Sunday before it considers again his nomination as EU economics commissioner, lawmakers said on Friday.

Samsung Galaxy S4 vs. S5 Comparison Review: Price, Specs, Pros and Cons You Need to Know

Oct 2, 2014 10:50 AM EDT

Here's our breakdown of how the Samsung Galaxy S5 stacks up against the Samsung Galaxy S4. Here's our breakdown of how the Samsung Galaxy S5 stacks up against the Samsung Galaxy S4.

LA Officials Give Final Approval to Pay Increase at Large Hotels

Oct 1, 2014 23:45 PM EDT

Los Angeles city leaders gave final approval on Wednesday to a measure that would increase the wages of workers at large hotels to $15.37 an hour, prompting a warning from hotel industry officials they might sue over the "living wage ordinance."

PayPal Spawn Have Advanced Where PayPal Stood Still

Oct 1, 2014 23:33 PM EDT

PayPal's biggest threat as it prepares to split from eBay next year may come from former employees who back a crop of new businesses serving shoppers who increasingly prefer to pay with mobile phones rather than personal computers.