Feds charge former hedge fund manager in big insider-trading case

WASHINGTON -- Federal prosecutors on Tuesday charged a former hedge fund portfolio manager with securities fraud in connection...

Read More..

Chemists Concoct the 'White Noise' of Smell

By Sid Perkins, ScienceNOWIf you play sounds of many different frequencies at the same time, they combine to produce neutral “white noise.” Neuroscientists say they have created an analogous generic scent by blending odors. Such “olfactory white” might rarely, if ever, be found in nature, but it could prove useful in research, other scientists say.Using just a few hundred types of biochemical...

Read More..

Phillip Phillips looks at life beyond “American Idol”

LOS ANGELES (Reuters) – Like the 10 winners before him, Phillip Phillips faces the uneven road from “American Idol” victor to pop-chart mainstay.After the success of his Top 10 hit, “Home,” the Georgia native is facing a new challenge – to replicate the mainstream successes of past “Idol” winners Carrie Underwood and Kelly Clarkson on his debut album,...

Read More..

DealBook: Hewlett-Packard Takes $8.8 Billion Charge

Hewlett-Packard said on Tuesday that it had taken an $8.8 billion accounting charge, after discovering “serious accounting improprieties” and “outright misrepresentations” at Autonomy, a British software maker that it bought for $10 billion last year.It is a major setback for H.P., which has been struggling to turn around its operations and remake its business.The charge essentially wiped out its...

Read More..

Existing-home sales and builder confidence rise

WASHINGTON -- The housing market recovery showed signs it is continuing to strengthen as sales of existing homes increased 2.1%...

Read More..

Apple Eyes First Overseas Data Center in Hong Kong

Apple’s data-center empire has yet expand oversees, but it seems this is about to change.Citing three unnamed sources, the Chinese-language Hong Kong Economic Times reports that Apple is planning to open a data center in Hong Kong, following in the footsteps of Google, its biggest rival.This would be Apple’s first data center outside the U.S. Currently, the company serves up iCloud and other...

Read More..

Rock band AC/DC releases entire catalog on iTunes

NEW YORK (AP) — AC/DC is finally releasing its music digitally on iTunes.Columbia Records and Apple announced Monday that the classic rock band’s music will be available at the iTunes Store worldwide. Sixteen studio albums will be released, including “High Voltage” and “Back in Black.” AC/DC was one of the few acts that...

Read More..

Teenage Boys, Worried About Body Image, Take Health Risks

Béatrice de Géa for The New York TimesDavid Abusheikh at a gym in Brooklyn. He goes six days a week and says he uses protein supplements to help build muscle. It is not just girls these days who are consumed by an unattainable body image. Take David Abusheikh. At age 15, he started lifting weights for two hours a day, six days a week. Now that he is a senior at Fort Hamilton High School in...

Read More..

Investors Rush to Beat Threat of Higher Taxes

Business owners and investors are rapidly maneuvering to shield themselves from the prospect of higher taxes next year, a strategy that is sending ripples across Wall Street and broad areas of the economy. Take Steve Wynn, the casino magnate, who has been a vocal critic of higher tax rates. He and his fellow shareholders in Wynn Resorts, the company announced, will collect a special dividend...

Read More..

A young shooting victim wrestles with his fears

After the nightmares started, Davien Graham avoided his bicycle.In his dreams, he pedaled his silver BMX bike through his neighborhood,...

Read More..