Business

Sony Directors Talk about Loeb’s Proposal for Entertainment Spinoff

Sony directors are now discussing on whether to go ahead with Daniel Loeb’s proposal for an initial public offering of its entertainment business. The announcement was made after the company... 

• Nikkei Index plummets thanks to China economic data
• Consumer Sentiment Index Goes Up in May
• Another Quarterly Loss for Struggling JC Penney
• US Budget Deficit Contracts Faster than Estimate

Lifestyle

Weekend Box Office won by new Star Trek Installment

The latest installment of the Star Trek Into Darkness debuted in North America last Wednesday and took in over $71 million during this weekend, while taking in $84 million since last Wednesday. Even... 

• Producers of Sunscreen Require New Information Labels
• Slayer Guitarist Dead from Liver Failure
• Box Office Won by Debut of G.I. Joe
• Temporary Tattoos: FDA Says Beware

Politics

Congress to Hear Legislation on Immigration Reform in June

After many years of false starts and sudden stops, Washington finally seems to be on a path to rewrite the immigration laws in the United States. The Group of Eight Senators is scheduled to hit... 

• US Budget Deficit Contracts Faster than Estimate
• Alleged CIA Agent arrested and released by Russian Security Forces
• Conservatives Targeted by Internal Revenue Service
• White House to start Job Opportunity Tours for the Middle Class

Sports

Vijay Singh Sues Professional Golf Tour

Vijay Singh filed a lawsuit this week against the Professional Golf Tour, of which he is an active member, requesting damages for the way it handled the recent controversy over deer antler spray... 

• University Student Donates Bone Marrow, ends Sports Career
• Allegations of NCAA Infractions in Football Program at Auburn
• Concussion Guideline to change for U.S. Sports
• Five March Madness Underdog Teams to Watch For

Technology

U.S. Cellular to off Apple Products

U.S. Cellular is the sixth largest wireless service provider in the U.S. and it announced last week that it would start later this year to carry products made by Apple. The company’s announcement... 

• Chinese Telecom Gear Manufacturer Huawei Looks to Europe and Asia for Growth
• More Takeover Bids for Dell
• FDA Approves Bionic Eye for RP
• Apple Manufacturer Purchases Stake in Camera Company

Markets

Federal Reserve Bank Chairman will keep Interest rates the same

Ben Bernanke, the Chairman of the Federal Reserve said the U.S. economy was stronger that it was last year at this time, but he does not want to stop the recovery quite yet. Bernanke told a Joint... 

• Markets Close with Little Change Monday
• Consumer Sentiment Index Goes Up in May
• Nevada Gets Highest Foreclosure Rate in US in April
• Lew: More than Budget Cuts are needed for the Economy