Later this year compact electric car manufacturer Smart USA announced several U.S. cities have been chosen as test sights for the company’s next models. The 250 microcar test fleet will deploy to San Jose, California; Indianapolis, Indiana; Portland, Oregon; Orlando, Florida; and on the heavily trafficked Interstate-95 Washington D.C. to Massachusetts corridor. Smart USA’s tests [...]
Coller Capital, a private equity firm, released the findings of its Global Private Equity Barometer, a new study of the equity asset class. Over the next 18 months, two out of every three private equity investors planned to renew financial commitments for the 2010 to 2011 cycle. Despite diminishing returns on investments, the investments are [...]
Research published in the June issue of the Archives of General Psychiatry suggests a genetic link between compulsive gambling problems and genetics. The study was conducted by Wendy Slutske, of the University of Missouri and involved a long-term analysis of Australian twins. Collaborating with clinical researchers at Australia’s Queensland Institute of Medical Research in Brisbane, [...]
Apple Inc and Netflix Inc announced the release of a new mobile application this summer. During an Apple conference, Netflix unveiled the collaboration ahead of Apple’s debut of the company’s iPhone 4, the latest smart phone in Apple’s popular line of handheld devices. Once news of the announcement hit Wall Street, Netflix stock shares rose [...]
A new, experimental drug, produced by Roche Holding AG tested well in early stage, Phase I clinical trials. The Roche drug showed promise in treating children’s malignant brain tumors caused by medulloblastoma. The new medication – named GDC-0449 – belongs to the category of drugs known as Hedgehog signaling pathway blockers, involving proteins, which contribute [...]
Thursday the Los Angeles Angels announced Kendry Morales would be on the injured reserve list due to surgery on the slugger’s broken leg. Morales injured the leg during a game-winning celebration at home plate after he hit a walk-off homerun. According to the Angels’ website, the 26-year-old Cuban-born first baseman has surgery to repair damage [...]
Consumer Reports said recently that anti-depressant medications are the preferred method for Americans seeking treatment for depression and anxiety. The numbers showed 80 percent chose medication over traditional psychotherapy. Selective Serotonin Reuptake Inhibitors (SSRIs) were the most desirable class of anti-depressant medications such as Prozac and Celexa. The drugs are also distributed by their generic [...]
In the streets of Chicago, two million Chicago Blackhawks’ supporters lined up for a ticker-tape parade to celebrate the hockey team’s Stanley Cup championship on Friday. Blackhawks teammates Jonathan Toews and Patrick Kane hoisted the historic Stanley Cup trophy during a parade route that ended at a stage constructed next to the Chicago River. “The [...]
Wednesday Paul Volcker, White House economic adviser, said the current version of the U.S. Senate’s financial reform bill retains the essence of his proposed rule. The “Volcker Rule” aims to attempt to reign in the high-risk practices of banking institutions. Volcker, however, cautioned against revisions in the legislation that would stifle the rule’s effectiveness. “The [...]
Monday $1.5 billion for women’s health was awarded through the Bill & Melinda Gates Foundation in conjunction with the United Nations. The move aims to improve women and children’s health by coordination between non-profit organizations and governments around the globe. The global health initiatives will help nations fight the problems of AIDS and poor nutrition. [...]