Send tip

Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

Read more »
University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

Read more »
Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

Read more »
Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

Read more »
. . . .

Bank of America Takes a Double Dip

Written on August 23, 2011 by Japhet Writ

Comments Off

Bank of America's stock went down to $6.42 despite saying that they have enough capital.

It is no brainer that the Bank of America took a double dip for its shares, following financial crisis which went down for almost $3. The BAC traded more than $15 in the past two years, while a foreclosure-related costs and concerns about capital requirements removed those gains in the past year.

Last Monday, headlines on both front pushed the stocks down to $6.42. And albeit the Bank of America says it has enough capital, analysts pointed out that it may need to raise a whooping $40-50 billion dollars.

Check out Business Insider’s Chart of the Day after the break to see Bank of America’s stock performance.

Read the rest of the article »
Share

Feeble Economy Shows Smidgen Strength

Written on September 05, 2010 by Japhet Writ

Comments Off

There is indeed silver lining in every cloud. The US economy shows a little light as their economy starts to rise -- slowly. But, hey, it's better to have a little increase than nothing.

The weak US economy exhibits mild positive results on jobs, store sales and housing. Though the growth remains anemic, figures on unemployment claims, store sales and home buying contracts are treading the right direction. According to Labor Department, the unemployment aid claims fell by 6,000. A forecast from the department states that private business added a net total of 41,000 jobs last month. Growth will continue in a weak pace making the unemployment rate to top 10 percent by next year. One positive sign though, output per hour worked fell in its largest amount while labor costs rose. It is followed by rapid increases in efficiency.

Read the rest of the article »
Share

Featured


View all