Former Treasury Secretary Larry Summers has withdrawn from consideration as the next chairman of the Federal Reserve. He cited a potentially divisive nomination hearing. Summers was widely thought to be President Obama's top choice to replace Ben Bernanke next year.
Five years ago, a Canadian company proposed building the Keystone XL pipeline to connect Canada's tar sands oil development with the big U.S. refineries on the Gulf Coast. The southern stretch of this pipeline is nearly finished, but the northern stretch is still under study.
South Korean managers are heading back to their factories at a complex located just north of the Demilitarized Zone. They're teaming up with North Korean workers to test-run idle assembly lines. The complex has been closed for five months because of political tensions between the two countries.
The new iPhone's fingerprint recognition technology is the company's first major effort to combat smartphone theft. But with an insatiable global appetite for the devices, will it really make a difference?
Chili's Grill & Bar is leading the way in digital dining. The restaurant chain is installing table-top computer screens to allow customers to place orders and swipe their credit card, according to The Wall Street Journal.
How are television ratings being done these days? It was only about a decade ago that TiVos and other DVRs started showing up in U.S. households. And more and more, we're watching TV online and on demand. How is the new technology changing the science of television ratings?
Can I wait to sign up for health insurance under Obamacare until I get sick? Do young people really have to buy it? And isn't Obamacare really a negative term? Julie Rovner answers these and more as opening day looms for the new health exchanges.
Former Treasury Secretary Larry Summers informed President Obama of his decision in a phone call Sunday. He had been considered a front-runner to replace Ben Bernanke, but faced opposition from Democrats in Congress.
A controversial article posted to the CrossFit Facebook page has led to a larger discussion about race. The majority of participants in the grueling and popular workout genre are white. Just how many people of color participate, though, is tough to say.
Apple's introduction of two new iPhones — one, made of plastic in bright colors; the other, a more expensive aluminum model available in gold — may create two classes of users. So it will be easy to tell who paid the big bucks and who decided to go cheap.
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