Stock index futures point to modest rebound

Fri May 18, 2012 4:59am EDT U.S. stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 and the Dow Jones up 0.2 percent and Nasdaq futures up 0.3 percent at 4:41 a.m. EDT. Japan’s Nikkei average .N225 dived 3 percent on Friday to log [...]

What will commercial spaceflight cost?

NASA has given SpaceX $ 381 million to develop a private rocket to replace the space shuttle — and that’s just the tip of the money iceberg. The space agency spent $ 50 million in 2009 to help foster a commercial space industry in America, essentially a down payment on the country’s post shuttle future, [...]

GREEK BANKS FEEL STRAIN

Bank customers in Greece, lining up recently at an ATM, have made widespread withdrawals of cash. NEW YORK (CNNMoney) — The Greek financial system is straining hard for cash. Consumers and businesses are making massive withdrawals from Greece’s banks — leading to concern the beleaguered nation could be forced out of the eurozone by a [...]

Donna Summer: 9/11 Gave Me Cancer

Donna Summer9/11 Gave Me Cancer Exclusive Donna Summer was convinced — inhaling toxic air after 9/11 gave her the lung cancer that eventually killed her … TMZ has learned. Sources close to the singer tell TMZ what we were hearing this morning — that Donna was in New York City during 9/11, living at an [...]

Business News

Stock index futures point to modest rebound

Fri May 18, 2012 4:59am EDT U.S. stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P 500 and the Dow Jones up 0.2 percent and Nasdaq futures up 0.3 percent at 4:41 a.m. EDT. Japan’s Nikkei average .N225 dived 3 percent on Friday to log [...]

Apps tackle travel expenses

Smartphone apps like Concur (pictured) meanwhile enable users to log and record their expenses before submitting them to their company’s accounting department. A screen shot of the ExpenseMagic app. This enables users to input their expenses data by taking a photograph of a receipt or bill before sending it to an external team of accountants [...]

Global shares recover slightly, but Greece fears remain

By Chikako Mogi TOKYO | Thu May 17, 2012 2:16am EDT TOKYO (Reuters) – Asian shares recovered some ground on Thursday from the previous day’s sell-off, but investors found little reason to chase risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. Against a background of financial instability [...]

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