Top Stories

  • US stocks close higher for third day in a row

    Updated: Wed, Apr 16, 2014

    Investors drove stock prices to their highest level in a week Wednesday, encouraged by a crop of corporate earnings and reassuring U.S. and Chinese economic data. Major U.S. stock indexes notched their third day of gains in a row. Yahoo and Delta Air Lines were among the companies posting big gains. The gains were broad; for every stock that declined, nearly four rose. The market is coming back from a steep drop at the end of last week led by Internet and biotechnology stocks. That move away from some of the riskier, high-priced stocks that drove down the market is nearly, if not completely done now, said Jim Russell, senior equity strategist at U.S. Bank Wealth Management.

  • Court rejects bankruptcy protection for Mt. Gox

    Updated: Wed, Apr 16, 2014

    TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo is headed for liquidation after a court rejected its bankruptcy protection application. Mt. Gox said Wednesday the Tokyo District Court decided the company, which was a trading platform and storehouse for the bitcoin virtual currency, would not be able to resurrect itself under a business rehabilitation process filed for in February. An administrator will try to sell the company's assets, and many creditors, including those who had bitcoins with the exchange, are unlikely to get any money back. After Mt. Gox went offline in February, its CEO Mark Karpeles said 850,000 bitcoins worth several hundred million dollars were unaccounted for, blaming a weakness in the exchan

  • Officials: Part of Belle Isle to be shut for event

    Updated: Wed, Apr 16, 2014

    DETROIT (AP) — Officials say portions of Detroit's Belle Isle are expected to be closed to the public for several days in September for an event showcasing driverless vehicles. The Detroit News and Detroit Free Press report that plans initially called for the city-owned island park in the Detroit River to be closed except for Detroit Yacht Club members for the Intelligent Transport Systems World Congress, which runs Sept. 7-11. On Tuesday, the Michigan Department of Transportation said it would work with the state Department of Natural Resources to keep certain areas of the 985-acre park open. MDOT spokesman Rob Morosi says the aim was to make safety a priority. Public access to Belle Isle is restricted for some event

  • Wireless providers offer up anti-theft tool commitment

    By TERRY COLLINS, Associated Press | Published: Wed, Apr 16, 2014

    A wireless providers trade group says the nation’s biggest mobile device manufacturers and carriers will soon put anti-theft tools on their gadgets to try to deter smartphone theft.

  • 2 win $300,000 Rhode Island Innovation Fellowships

    Updated: Tue, Apr 15, 2014

    PROVIDENCE, R.I. (AP) — A project to start a culinary hub and another to create a high-end digital fabric printing facility are the two winners of this year's $300,000 Rhode Island Innovation Fellowships. The Rhode Island Foundation announced the winners Wednesday. They each receive a $300,000 grant over three years to make their vision a reality. The program is funded by philanthropists John and Letitia Carter. Providence resident Amy Bernhardt was chosen for her project called Colorfast, a state-of-the-art research and manufacturing pilot facility for the design and production of digitally printed textiles. David Dadekian (dah-DAY'-kee-an), of Coventry, will receive a fellowship for what he's calling the Eat Drink R

  • Paycom debuts on New York Stock Exchange

    By Brianna Bailey, Business Writer | Updated: Tue, Apr 15, 2014

    Following a delay in its initial public stock offering, Oklahoma City-based Paycom Software Inc. debuted Tuesday on the New York Stock Exchange, raising about $100 million.

  • Heartbleed bug battle threatens to cause major disruptions online

    By Brian Fung, The Washington Post | Published: Tue, Apr 15, 2014

    Efforts to fix the notorious Heartbleed bug threaten to cause major disruptions to the Internet over the next several weeks as companies scramble to repair encryption systems on hundreds of thousands of Web sites at the same time, security experts say.

  • Intel reports lower 1Q net income, higher revenue

    Updated: Tue, Apr 15, 2014

    NEW YORK (AP) — Intel's earnings fell in the first three months of the year amid a continued slump in the worldwide PC market, but revenue grew slightly because of solid demand for tablet processors and its data center services. Intel Corp. is the world's largest maker of microprocessors, which act as the "brains" of computers. Intel has historically been strong in selling chips for personal computers, but that business is declining as people buy smartphones and tablets instead. Intel has been slow to respond to that shift with lower-energy chips that mobile devices demand. Intel has been working to change that. Besides coming out with mobile-friendly chips, Intel is also expanding into new technologies such as wearable dev

  • Yahoo's 1Q highlighted by Alibaba, modest ad gains

    Updated: Tue, Apr 15, 2014

    SAN FRANCISCO (AP) — Yahoo is prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up, if ever so slightly, under CEO Marissa Mayer. The positive signs in the Yahoo's first-quarter report overshadowed a 20 percent decline in the company's earnings during the opening three months of the year. Yahoo's stock gained $2.19, or 6.4 percent, to $36.40 in Tuesday's extended trading. Even if the shares rally similarly in Wednesday's regular trading, the stock will remain below its 52-week high of $41.72 reached in early January. The results released Tuesday highlight the contrasting performances of Yahoo's investment portfolio and the company's main business of r

  • Southern agrees to coal research with Chinese firm

    Updated: Tue, Apr 15, 2014

    JACKSON, Miss. (AP) — Southern Co. says it has signed a deal with a state-owned Chinese coal and energy company to work together to develop coal technologies, based in part on the coal gasification and carbon capture technology that Southern subsidiary Mississippi Power Co. is deploying at the $5 billion Kemper County power plant. The deal signed April 8 calls for Atlanta-based Southern to work with Shenhua as well as government agencies and universities. Southern spokesman Tim Leljedal said the technology Southern is using at Kemper is "central" to the partnership. "We believe there are applications around the world for this technology," Leljedal said Tuesday. Shenhua is a huge company that mines coal, generate

  • US stock markets rebounds after choppy day

    Updated: Tue, Apr 15, 2014

    A stock market swoon turned into a comeback Tuesday. Stocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among homebuilders and simmering tensions in the Ukraine. The late rally even gave a lift to tech stocks like Google and Intel, which had weighed on the market much of the day. "As long as the market can close on a positive note, it sends a signal to investors that there are bargains in the market still to be had," said Quincy Krosby, market strategist at Prudential Financial. The day started off well when Johnson & Johnson and Coca-Cola reported encouraging first-quarter earnings.

  • The top iPhone and iPad apps on App Store

    Updated: Tue, Apr 15, 2014

    App Store Official Charts for the week ending April 14, 2014: Top Paid iPhone Apps: 1 A Dark Room, Amirali Rajan 2 Monument Valley, ustwo 3 R.B.I. Baseball 14, 4 Sleep Cycle alarm clock, Northcube AB 5 Minecraft - Pocket Edition, Mojang 6 Heads Up!, Warner Bros. 7 Facetune, Lightricks Ltd. 8 Afterlight, Simon Filip 9 Plague Inc., Ndemic Creations 10 SkinneePix, PrettySmartWomen LLC Top Free iPhone Apps: 1 2048 - The Game, Ketchapp 2 Flappy Smash - The End of a Ti..., Makeover Mania Story Games 3 Don't step the white tile, Ayumu Kinoshita 4 What's the Difference? (tilde) spot ...

  • ND workers' comp agency sues over computer project

    Updated: Tue, Apr 15, 2014

    BISMARCK, N.D. (AP) — North Dakota's workers' compensation agency has sued a Chicago company over a failed $17 million computer system overhaul. The Workforce Safety and Insurance agency filed its lawsuit last month in state court against Aon eSolutions Inc. to recoup costs associated with the system that was never delivered. WSI hired Aon eSolutions in 2007 for a software system upgrade. The work was to cost $14 million, but it was plagued by delays and cost overruns and was never finished. The contract with the company expired in 2012, and WSI did not renew it. The state Legislature last year gave WSI $750,000 for potential litigation.

  • Review: Windows Phone advances with 8.1 update

    Updated: Tue, Apr 15, 2014

    NEW YORK (AP) — Microsoft's new Windows system for smartphones addresses many of the shortcomings in previous versions. Before, voice search lacked the natural language interactions of Apple's Siri and Google Now. The updated Windows Phone system has Cortana, which combines Siri's personality with Google Now's knack for anticipating what you need before you even ask. Meanwhile, Windows Phone's lack of a central hub for checking notifications from Facebook and other services has been addressed with a new Action Center. Beyond that, the new Windows Phone 8.1 has tools to simplify connecting to Wi-Fi hotspots, save battery life and block non-emergency calls overnight.

  • Twitter buys data analytics partner Gnip

    Updated: Tue, Apr 15, 2014

    NEW YORK (AP) — Twitter says it has bought its data partner Gnip, which provides analysis of the more than 500 million tweets its users share each day — to advertisers, academic institutions, politicians and other customers. Twitter Inc. said Tuesday that Gnip has already played a "crucial role" in collecting and digesting the public data that people share on its short messaging service. Twitter says it plans to offer more sophisticated data analysis with the help of Gnip. Founded in Boulder, Colo., in 2008, Gnip was Twitter's first data partner. It provides Twitter data to customers including the Library of Congress, IBM, Microsoft and Adobe Systems. Twitter had more than 240 million users at the end of 2013.

  • For Today Only, Anyone In The U.S. Can Buy Google Glass

    Published: Tue, Apr 15, 2014

    U.S. residents will be able to buy Google Glass for $1,500 on April 15 for one day only as part of the Glass Explorer programme, according to BuzzFeed. Glass was initially sold only to a limited number of users through the Explorer programme, where people had to tweet about what they would do with Glass using the hashtag #ifihadglass.

  • Apple's next iPhone reportedly to cost more

    Published: Tue, Apr 15, 2014

    Call it the iPhone $ix. According to a new report from Jefferies analyst Peter Misek, Apple is negotiating with carriers to charge $100 more for its next iPhone. The report was first unearthed by Business Insider. Here’s the money quote from Misek’s report, via BI: “Our checks indicate Apple has started negotiating with carriers on a $100 iPhone 6 price increase. The initial response has been no, but there seems to be an admission that there is no other game-changing device this year."

  • Female CEO Shares the Email She'll Never Forget

    Published: Tue, Apr 15, 2014

    As CEO of tech startup Locket, Yunha Kim often sends out emails to potential employees to ask if they'd be interested in meeting with her about a work opportunity or available position at her company. And although she's professional in sending out these emails, not everyone is professional in how they reply, according to Yahoo Shine. Recently Kim, whose company helps users change and personalize their Android smartphone homescreens, contacted a male developer about whether he'd be interested in joining Locket. He responded, "Hey Yunha, I'm pretty happy with my current job, but if you're single I'd like to date you. Perhaps there are some unconventional ways to lure me away from my company (besides stock options) if you know what I mean. ;)" Unfortunately, Kim, whose startup boasts investors like Tyra Banks, says that such emails are not rare. She posted the email, with the sender's name blacked out, in a post she wrote for Medium about the pros and cons of being a female CEO. Underneath the screencap, she added, "And the sad news is, this is one of the more professional emails."

  • Samsung Galaxy S5 review: Don't upgrade just yet

    By Richard Hall, Web Editor | Published: Tue, Apr 15, 2014

    The new flagship Samsung phone is here, but the too-few design upgrades and changes make it a phone worth skipping if you’re upgrading from last year’s device.

  • 4DSales demonstrates the ripple effect of innovation

    Published: Tue, Apr 15, 2014

    i2E Inc. recently led a $500,000 funding round in the Tulsa company 4DSales, which offers a mobile sales application.