Commerce Department said consumer spending rose 0.2 percent last month, an improvement from April's reading of no change, and incomes rose 0.4 percent.
Despite safety concerns in the wake of the massive Gulf of Mexico oil spill, OPEC called?on U.S. to reconsider a ban on new deep-water drilling that could hold back oil supplies.
Company says it sold more than 1.7 million units of its new iPhone model in the first three days, making it the most successful product launch in Apple's history.
Success will depend on how much investors are willing to bet on a car company that has...
BILOXI, Mississippi (Reuters) - Oil from a BP Plc spill in the Gulf of Mexico washed ashore at one of the largest tourist beaches in Mississippi on Monday, forcing tourists to pack their bags and evacuate the shore.
Demand for mobile Internet is growing faster than industry can build 3G networks.
Appointment reinforces company’s commitment to Aerospace and Defense Business in India DELHI, June 28, 2010 -- Honeywell (NYSE: HON) today announced the appointment of Pritam Bhavnani as President of Honeywell Aerospace in India. Pritam relocates from Honeywell Aerospace, Phoenix, Ariz.,...
( Carlos III University of Madrid ) Scientists of Universidad Carlos III de Madrid are researching how to use 3-D virtual worlds for teaching, a relatively unexplored area which offers enormous potential, according to the experts.
( CSIRO Australia ) CSIRO astronomer George Hobbs and colleagues in the UK, Germany and Canada report that they have taken a big step towards solving a 30-year-old puzzle: why the "cosmic clocks" called pulsars aren't perfect.
( NASA/Goddard Space Flight Center ) NASA's Goddard Space Flight Center in Greenbelt, Md. recently introduced the NASA Center for Climate Simulation (NCCS), an integrated set of supercomputing, visualization, and data interaction technologies that will enhance agency capabilities in...
( Swiss Institute of Bioinoformatics ) On June 25, 2010, during the 8th [BC]2 Computational Biology Conference in Basel, SIB Swiss Institute of Bioinformatics announced the two winners of the SIB Awards 2010.
The U.S. Chemical Safety and Hazard Investigation Board has criticized the gas blow procedure as inherently unsafe and wants companies to use safer alternatives.
A truck carrying chemicals accidentally exploded Monday in southern Pakistan after pressure built up in its storage tank, killing 18 people and wounding 40.
Experts say the massive Gulf spill has exposed a failure by the industry and the federal government to commit adequate resources to oil cleanup and response technology.
New Jersey holds the dubious title of Superfund Central, receiving $3 billion in the past 30 years, yet only 29 of 142 hazardous-waste sites have been cleaned up.