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Updated: 58 min 37 sec ago

Electronic Tongues Are The Beer Snobs Of The Future

Wed, 02/05/2014 - 8:19am

Researchers in Barcelona have developed an electronic tongue that really knows the difference between a pilsner, a lager and a bock. It's still a prototype, but its creators say it could some day replace human taste-testers.

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Employers Added 175,000 Jobs Last Month, Survey Signals

Wed, 02/05/2014 - 7:54am

The ADP National Employment Report shows slow but solid growth. But will Friday's survey from the Labor Department agree? A month ago, the two reports reached very different conclusions about job growth at the end of 2013.

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CVS Caremark To Clear Shelves Of Tobacco Products

Wed, 02/05/2014 - 6:41am

The drug store chain announced Wednesday morning that it will stop selling cigarettes and other tobacco products by Oct. 1. CVS chain says selling cigarettes is at odds with its caretaking mission.

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CVS To Stop Selling Tobacco Products

Wed, 02/05/2014 - 6:25am

The company's 7,600 pharmacies will remove cigarettes and other tobacco products from their shelves by Oct. 1. The decision should "help people on their path to better health," says CVS CEO Larry Merlo.

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Some Journalists Complain About Sochi's Hotels

Wed, 02/05/2014 - 4:00am

In advance of the opening ceremonies of the Winter Olympics, journalists have been arriving at Sochi area hotels. And they've immediately started complaining on Twitter about shabby or unfinished buildings.

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RadioShack Plans To Close 500 Stores

Wed, 02/05/2014 - 4:00am

The Wall Street Journal reports the store closings will come within a few months, trimming about 11 percent of RadioShack's store base in the U.S.

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Microsoft Picks Insider, Who's An Indian Immigrant, As CEO

Wed, 02/05/2014 - 4:00am

Microsoft's new CEO Satya Nadella is part of a wave of highly educated Indian immigrants who came to America a generation ago with expectations back home that they would succeed. Nadella has done just that and more, taking the reins of one of the world's top companies.

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Greek Parliament To Review Future Arms Deals

Wed, 02/05/2014 - 4:00am

Greece has historically spent an outsized amount of its budget on military equipment — ostensibly to protect its border with historic rival Turkey. Between 2007 and 2011, Greece was Europe's largest importer of arms. But an ongoing investigation into the purchase of submarines has exposed high-level political corruption.

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JPMorgan Pays $614 Million In Mortgage Lending Fraud Case

Tue, 02/04/2014 - 10:47pm

The nation's largest bank, JPMorgan Chase & Co., will pay $614 million and improve mortgage lending practices under a deal announced Tuesday to settle claims it approved thousands of unqualified home mortgage loans for government insurance and refinancing since 2002, costing the government millions of dollars when the loans defaulted.

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Lawmakers Look To Prevent More Target-Sized Data Breaches

Tue, 02/04/2014 - 8:57pm

Target says it's "deeply sorry" for compromising data of up to 110 million customers. Appearing before lawmakers Tuesday, company executives backed a faster move to encrypted, chip-enabled cards to prevent future fraud.

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More Access To Health Care Means Millions Can Quit Or Cut Hours

Tue, 02/04/2014 - 6:15pm

A budget report estimates that about 2.5 million people will work fewer hours or not at all by 2023 because under Obamacare, they can get health care without holding down a full-time job. The news immediately became political fodder for critics of the Affordable Care Act.

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The View From Down There: FDA Approves Pill-Cam For Colon Exams

Tue, 02/04/2014 - 5:11pm

Patients who undergo colon screenings might breathe a little easier now that U.S. regulators have approved a pill containing two cameras. The PillCam Colon is minimally invasive and runs on batteries, its maker says.

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Obama Secures Funding To Help Connect Students To Internet

Tue, 02/04/2014 - 4:24pm

Apple, Microsoft, AT&T, Verizon, Sprint pledged $750 million in equipment and services. Obama said this is part of an initiative that seeks to connect almost all American students to high speed Internet within five years.

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Senate Steps Into The Data Breach Controversy

Tue, 02/04/2014 - 3:00pm

The Senate Judiciary Committee spent the day looking into recent data thefts at Target and Neiman Marcus. Lawmakers know there is a big problem, but they are struggling with what role the federal government should play is creating new standards to safeguard consumer data.

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It's Three's Company Now: Microsoft Names New CEO

Tue, 02/04/2014 - 3:00pm

Satya Nadella is just the third CEO in Microsoft's 39-year history. He's a Microsoft insider tasked with re-energizing the company and making it more relevant in a future likely to be dominated by mobile technology. As Nadella moves into his new role, he will be supported by Bill Gates, who is stepping down as chairman to become more involved with technology development.

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Case Sheds Light On The Murky World Of Asbestos Litigation

Tue, 02/04/2014 - 3:00pm

Asbestos lawsuits have bankrupted scores of companies since the 1980s. In one case, a federal judge found that lawyers for people with a rare cancer linked to asbestos misled courts and made evidence disappear. The judge's decision could affect what other companies must pay victims in the future.

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Congress Sends Five-Year Farm Bill To White House

Tue, 02/04/2014 - 2:38pm

With a vote of 68-32, the Senate approved a sweeping farm bill Tuesday that will set rules and practices for American agriculture. The bill does away with controversial direct cash payments made to farmers under a subsidy system, replacing it with crop insurance.

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Drugmakers And NIH Band Together To Speed Up Research

Tue, 02/04/2014 - 2:31pm

Ten pharmaceutical companies have agreed to cooperate with the National Institutes of Health in the hunt for new medicines to treat Alzheimer's disease, Type 2 diabetes, rheumatoid arthritis and lupus. All the scientific data produced by the venture will be shared publicly.

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Microsoft Announces Nadella As CEO, New Role For Gates

Tue, 02/04/2014 - 12:55pm

After a long and closely watched CEO search, Microsoft has tapped Satya Nadella, an insider and 22-year veteran of the company. Microsoft co-founder Bill Gates is stepping down as chairman and will help Nadella shape technology and product development.

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U.S. Borrowing Is Less Of An Economic Worry, At Least For Now

Tue, 02/04/2014 - 11:05am

The Congressional Budget Office says the federal budget deficit in fiscal 2014 will shrink to $514 billion — far less than it was at the height of the Great Recession. While the short-term outlook is a bit brighter, the CBO says there's still plenty to worry about in the long term.

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