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Amazon Buys Samsung Touchscreen Company 14 May 2013 | 05:56 am

Amazon announces that it has purchased Liquavista, the touchscreen technology company from Samsung.  The news was confirmed by Amazon in an email statement.  There have been no details yet released on...

‘Iron Man 3,’ ‘Gatsby’ Make Big Movie Business 14 May 2013 | 05:03 am

May is not usually considered the strongest box-office time for Hollywood, but this May two big movies have come through with flying colors and scored big.  “Iron Man 3″ and “The great Gatsby” both ca...

Crude Oil Prices Fall on China News 13 May 2013 | 02:51 pm

The price for a barrel of benchmark, West Texas Intermediate crude fell below $96 Monday, this as new economic data from china shows the world’s second largest economy may be slowing again.  Factory o...

Setbacks at GM Include Latest Recall 13 May 2013 | 02:47 pm

Whenever a company endeavors into new technologies, there’s going to be hiccups.  Such is the case at GM with the company’s new hybrid cars.  Nearly 40,000 new GM hybrids have now been recalled to fix...

Mortgage Rates Tick Up for Week 10 May 2013 | 02:46 pm

The average for a 30-year fixed mortgage moved up for the first time in six weeks from 3.35 to 3.42 percent, this according to lending leader Freddie Mac.  The average rate on a 15-year not also moved...

Job Growth Not Following Housing Boom 10 May 2013 | 05:54 am

The biggest reason say most contractors that job growth is not following behind new home construction is just that they cannot find enough qualified workers.  ‘‘There is a shortage of manpower,’’ says...

Retail Sector Gains Modestly in April 9 May 2013 | 05:04 pm

Shoppers spent a little more in April, this despite the unusually cold weather that prevented them from buying as many summer clothes.  Retail spending moved up 2.2 percent from March to April.  For m...

New Jobs Help Wall Street Rally 9 May 2013 | 04:45 pm

New unemployment benefit claims sank to their lowest level in 5 1/2 years last week, this in a new report from the Labor Department.  The decline marks the third such in a row, and a strong signal tha...

Terrafugia Introduces New Flying Car 8 May 2013 | 07:13 pm

Actually it’s not the first but the second flying car for Terrafugia, the Massachusetts aerospace company.  Even thogh it’s the second flying car, the company has still yet to deliver the first.  The ...

Dow Breaks New Record Over 15,000 8 May 2013 | 06:58 pm

The Dow has busted through the 15,000 mark and set an new all-time high.  The index broke the record Tuesday as its rally continues now into its sixth month.  The close marks the first time the Dow ha...

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