Taiwan technology giant Foxconn said it is under investigation by Chinese authorities. It is also conducting its own probe into allegations that some of its managers had solicited bribes from suppliers.
A new study finds that the music you listen to can affect how safely you drive. Researchers at London Metropolitan University studied how drivers reacted to different playlists over 500 miles. Some of the "safest" music included tunes by Norah Jones and Elton John.
President Obama will nominate his Chief of Staff Jack Lew to be the next Treasury Secretary. Lew is a budget expert who could hit the ground running as the treasury tries to cope with a looming debt ceiling, automatic spending cuts and the ongoing push for long-term deficit reduction.
Television manufacturers have come up with what they hope is the next big thing that will lure people into buying new TVs. Steve Inskeep talks to Bloomberg News technology commentator Rich Jaroslovsky about what TV makers are showing off at the Consumer Electronics Show in Las Vegas.
At most cafes, a customer buys a drink or food and stays as long as it takes to consume it. But a Russian entrepreneur is experimenting with ways to change that: At his Clockface Cafes, money buys time, and everything else — from drinks to snacks to art supplies and event space — is free.
The Consumer Financial Protection Bureau's new rules that are scheduled to be released Thursday come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards. The rules will go into effect next January.
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