China's New Supercomputer Means Business
China's race to space is the science and technology story grabbing the headlines these days. But it's China's down-to-earth move into semiconductor country that should worry investors most.
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Scammers, Not Soldiers: Romance Cons on the Rise
Each year, a disturbing number of women fall prey to fraudsters posing as U.S. servicemen, who woo them long-distance, then ask for cash. "A couple of years ago we were getting hundreds of calls a year about this scam," says Christopher Grey of the Army Criminal Investigation Command. "Now we get thousands."
In Money Matters, 'Mentalist' Simon Baker Keeps His Head
Simon Baker plays a not-quite-psychic sleuth on The Mentalist and a shady brokerage boss in the new film Margin Call. But in real life, he's not trying to read the tea leaves of Wall Street to manage his money: His working class upbringing made him a very conservative money man.
Yvonne Strahovski: How to Manage Overnight Success
L.A. has been exceptionally kind to Yvonne Strahovski, the long, blonde spy-babe on NBC's Chuck and the lone pretty face in the new film Killer Elite. But if you don't get the help you need after your big break, Hollywood can kill you with kindness, so Strahovski had to adapt fast.
Vancouver Retains Title of World's Most Liveable City
For the fifth straight year, Vancouver, British Columbia, Canada, bested 139 other cities worldwide in ratings of "relative comfort" to hold onto the right to call itself the World's 'Most Liveable' City, according to new rankings by The Economist Intelligence Unit.
How to Stitch Cotton Into Your Portfolio?
Among the questions investors now face: How much rally is left in cotton since skyrocketing 171% already in a year? Among the variables to consider are weather, demand and how much more land gets devoted to cotton. Analysts point to better and worse ways to play this commodity.
Sugar Prices Surge on Australian Cyclone
Sugar prices hit three-decade highs of almost 36 cent a pound Wednesday due to the anticipated effects of the monstrous category 5 cyclone that just hit Australia, the world's third-largest sugar producer, which was already suffering from the effects of recent storms and floods.
Where Are Jobs Going Now? Peru, Bulgaria, Bangladesh. . .
The U.S. is hardly alone in losing work to cheaper skilled labor in foreign countries. Australia, Canada and Israel, among others, have dropped off Gartner's list of the top 30 countries for outsourcing. Here's where IT and business-processing jobs are heading.
Bill for Damage to Quantas's Airbus A380: At Least $70 Million
The Qantas Airbus A380 engine explosion earlier this month caused at least $70 million worth of damage to the plane, according to a new report from insurance-consulting company Aon. And the bill from the incident, which caused no injuries, could fly much higher.
Asia Leads the IPO Race as U.S. Drops Further Back
Over the last 11 years, Asia's IPO market has ascended while the U.S. market has imploded. Led by China, which has raised $76 billion through IPOs in 2010, Asia's share of global IPOs has increased from 12% in 1999 to 66%. Meanwhile, U.S. IPOs have declined from around 44% to 11% during the same time period, according to Bloomberg.
