The housing sector turmoil scared a lot of people away from buying homes. Now, many people who can afford to buy are renting, sending rental prices soaring. In places such as New York City, they're near record highs.
In 2007, Congress created a public-private foundation to support research of interest to the FDA. Critics said this amounted to a new way for industry groups to influence the agency's decisions, and any FDA funding for the foundation was blocked for years. That's about to change.
As recent food mislabeling scandals show, a food's true identity and origin often get lost along the supply chain. Enter the "optical stable isotope analyzer," a device that could provide a lot more certainty about a product near the end of its long journey to the consumer.
Shopping apps and retail websites give consumers the power to compare prices, read reviews and shop on the go. Stephanie Clifford, business reporter at The New York Times and market researcher Paco Underhill discuss how many brick-and-mortar stores are altering pricing strategies.
A company in Massachusetts says its prototype, the Transition, completed its first flight, soaring to 1,400 feet. The two-seater will be ready for sale within a year and is expected to cost $279,000. A hundred buyers have already plunked down their deposits.
Mobile games like Angry Birds and Draw Something have gained huge popularity partly because of one asset: simplicity. As a result, the traditional video game industry is taking note. But not all of them are following the same route.
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