100bn frames per second 2-D camera developed at Washington University
A 2-D camera that can capture events at the incredible speed of 100 billion frames per second has been developed by a team of...
Is China really the largest economy in the world today?
According to the International Monetary Fund, the largest economy in the world today is China, while the United States, for the first time in...
MEG Energy cutting capital investment plans following oil price slump
Canadian oil sands producer MEG Energy announced on Friday that its planned 2014 capital investment will be reduced by 31% to $1.2 billion, compared...
James Dimon is cancer free, internal JPMorgan memo says
Within three months of completing scheduled treatment, JPMorgan Chase & Co.’s CEO James Dimon told employees that he appears to be cancer free. Test...
California drought the driest in 1,200 years, says new study
The 2012-2014 California drought has been the worst in 1,200 years, say scientists from the Woods Hole Oceanographic Institution and the University of Minnesota....
Premier Foods in mafia-style extortion shakedown?
After being caught allegedly shaking down its suppliers for investment money, otherwise they would be ‘de-listed’, Premier Foods plc, the maker of Ambrosia, Mr...
Delia’s files for bankruptcy, liquidating all of its stores
The American teen retailer Delia's has announced that it will liquidate all of its stores and file for Chapter 11 bankruptcy protection. There are six...
European Extremely Large Telescope receives approval for construction
The European Extremely Large Telescope (E-ELT) is now under construction. The observatory will be managed by the European Southern Observatory (ESO) and will be...
Dish Network subscribers lose CBS coverage
Millions of Dish Network customers in the US did not have access to CBS on Friday because the provider did not manage to negotiate...
US consumers increased borrowing in October, says Fed
US consumers increased their borrowing in October, but at a slightly slower rate than in September as credit card use declined.
According to the Federal...