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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...

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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...

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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...

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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...

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Senate Banking Committee, to Investigate S&P Downgrade?

Written on August 09, 2011 by Japhet Writ

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“In the minds of serious, reasonable, and informed individuals there is no doubt that the U.S. will meet its debt obligations and we are seeing even more proof of that today." --- Tim Johnson, Senate Banking Committee chairman

An aide from the Senate Banking Committee revealed that they are gathering more proof regarding S&P’s downgrade of US debt. This move is in preparation for a possible investigation.

Read committee chairman, Tim Johnson’s statement about the downgrade after the cut.

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Stocks Soars as House Prices Jump

Written on June 29, 2011 by Japhet Writ

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U.S. stocks rallied on Tuesday, with the Dow jumping 145 points, as investors cheered a report showing home prices rose for the first time in nine months in April.

Last Tuesday, US stocks rallied, as investors applauded for an increase in home prices for the first time in nine months. Dow Jones was up with 145 points, S&P climbed 17 points, and Nasdaq added 41 points. In addition to these, S&P’s shares were led higher with Nike’s 10% increase in profit and sales. The athletic shoe-maker now sees strength in its Chinese and other overseas markets.

Moreover, S&P’s home price index from Case-Shiller – one of the leading gauges on the housing market – rose to 0.7% last April. However, D.A. Davidson & Co.’s chief investment strategist – Fred Dickson – doesn’t believe that this report represents a housing market bottom.

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Free-fall in Commodities Puts Financial Markets on Edge

Written on May 06, 2011 by Japhet Writ

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As commodities fall and unemployment claims rises, the market stocks are being pushed to the edge.

An unexpected rise in unemployment claims and a free-fall in commodities bring financial markets on edge last Thursday, dragging the stock market lower. Oil prices fell close under $100 per barrel, while Silver settled at $34.41. Metal had its largest one-day drop last Tuesday, as it reached $34. Meanwhile, Gold drops to $1,474.90 an ounce.

Just like the oil price, energy companies also went down with Exxon, Mobil, Chevron and Schlumberger losing more than two percent. However, the drop in oil price was a boost to companies such as Delta Air, which gained seven percent.

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US Stocks Hypes Up due to Afternoon Boost

Written on March 24, 2011 by Japhet Writ

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U.S. stocks finished higher Wednesday. Thanks to a late-day advance, as investors shrugged off jitters about turmoil in the Middle East and Japan's nuclear issues.

With investors shrugging off jitters about the Middle East turmoil and nuclear issues in Japan, the US stocks finished higher last Wednesday due to a late-afternoon boost. Dow Jones closed 67 points higher, while S&P and Nasdaq gained 4 and 14 points respectively. On other hand, the Bank of America is the worst performer on the blue-chip index. According to them, they need to revise their dividend plan after the Fed rejected their initial proposal.

Traders spent most of Wednesday – and the sessions before that – on the sidelines, as global concerns linger. But with lack of any significant developments, they tip-toe their way back into the market later in the afternoon. According to KDV Wealth Management Vice President, Paul Radeke:

“We’ve been watching for more news out of Japan and the Middle East, but there’s not much new information, so that’s improving some confidence. There’s a lot of pent-up demand, and a lack of further bad news will lift the market.”

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