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World stocks subdued, Nikkei flat on profit taking

A man walks by an electronic stock board of a securities firm in Tokyo Friday morning, April 11, 2014. Asia's markets were mixed on Monday, April 14, following another heavy sell-off on Wall Street while concerns over the crisis in Ukraine resurfaced.  AP PHOTO/KOJI SASAHARA

World stocks were subdued Thursday ahead of a long weekend for many markets, with Japan’s Nikkei faltering as investors locked in profits after a strong rally.

Posted: April 17th, 2014 in Latest Business Stories | Read More »

Asia stocks fail to match Wall Street gains

AP FILE PHOTO

Asian stock markets were mostly lower Thursday, with Japan’s Nikkei leading the retreat as investors locked in profits after a strong rally.

Posted: April 17th, 2014 in Latest Business Stories | Read More »

Fired Yahoo exec gets $58M for 15 months of work

AFP FILE PHOTO

Yahoo’s recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.

Posted: April 17th, 2014 in Latest Business Stories | Read More »

Russian economy hit by Ukraine turmoil

A man passes by the car painted in the colors of Russian flag near a Soviet-era monument to Vladimir Lenin in the central square in Donetsk, Ukraine, Tuesday, April 15, 2014. AP

Russia’s economy slowed sharply in the first three months of the year as uncertainty over the crisis in Ukraine spooked investors into pulling money out of the country, a government minister said Wednesday.

Posted: April 16th, 2014 in Latest Business Stories | Read More »

Space station computer outage may force spacewalk

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This May 23, 2011 photo released by NASA shows the International Space Station at an altitude of approximately 220 miles above the Earth, taken by Expedition 27 crew member Paolo Nespoli from the Soyuz TMA-20 following its undocking. AP

A computer outage at the International Space Station may require a spacewalk by astronauts and threatens to delay next week’s launch of a commercial supply ship for NASA.

Posted: April 12th, 2014 in Latest Business Stories | Read More »

Lab-grown nostrils, vaginas working well – studies

In this photo issued by Wake Forest Institute for Regenerative Medicine and taken in April 2014, Yuanyuan Zhang, M.D., Ph.D, assistant professor at the Institute, demonstrates the process to engineer a vaginal organ in a laboratory in Winston Salem, N.C. (AP)

Two new studies describe the latest achievements in growing body parts in a lab and transplanting them into people, this time with nostrils and vaginas.

Posted: April 11th, 2014 in Latest Business Stories,Science and Health | Read More »

Invite all SE Asian nations to Pacific pact, says PH finance exec

Finance Secretary Cesar Purisima: Public sector debt has become more and more manageable. INQUIRER FILE PHOTO

A U.S.-backed Pacific free trade pact could cause resentment in Southeast Asia as it would leave some nations in the region better positioned to access America’s market than others, Finance Secretary Cesar Purisima said Thursday.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

Amazon to buy digital comics company

AFP

Online retailer Amazon said Thursday it’s buying digital comics company comiXology for an undisclosed sum.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

US Internet ad revenue surpasses broadcast

Delegates from various media organizations visit the AFP exhibition displayed at the 65th World Newspaper Congress at a hotel in Bangkok on Monday, June 3, 2013. Despite uncertainties brought about by digital challenges, the future of the news publishing business looks promising, experts said at the opening of the newspaper congress.  AFP PHOTO/PORNCHAI KITTIWONGSAKUL

For the first time, U.S. Internet advertising revenue has surpassed that of broadcast television thanks to sharp growth in mobile and digital video ads.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

UK making lab-grown human ears, noses, blood vessels

Professor Alexander Seifalian poses for a portrait in his office at his research facility in the Royal Free Hospital in London, Monday, March 31, 2014. In the north London hospital, scientists are growing noses, ears and blood vessels in the laboratory in a bold attempt to make body parts using stem cells. It is among several labs around the world, including in the U.S., that are working on the futuristic idea of growing custom-made organs in the lab. While only a handful of patients have received the British lab-made organs so far— including tear ducts, blood vessels and windpipes — researchers hope they will soon be able to transplant more types of body parts into patients, including what would be the world's first nose made partly from stem cells. "It's like making a cake," said Alexander Seifalian at University College London, the scientist leading the effort. "We just use a different kind of oven." (AP Photo/Matt Dunham)

In a north London hospital, scientists are growing noses, ears and blood vessels in a bold attempt to make body parts in the laboratory.

Posted: April 9th, 2014 in Latest Business Stories,Science and Health | Read More »

Mazda recalling cars because spiders can damage

Mazda is recalling 42,000 Mazda6 cars in the U.S. because spiders can weave a web in a vent hose and cause the fuel tank to crack.

Posted: April 5th, 2014 in Latest Business Stories | Read More »

Engineered salmon may be a tough sell

salmon

The Obama administration has stalled for more than four years on deciding whether to approve a fast-growing salmon that would be the first genetically modified animal approved for human consumption.

Posted: April 4th, 2014 in Latest Business Stories | Read More »

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