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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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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 Slips Despite Osama bin Laden News

Written on May 03, 2011 by Japhet Writ

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Despite US's rejoice on the death of Al Qaeda leader, Osama bin Laden, the nation's stock still edged lower on Monday.

U.S. stocks surged lower last Monday, as investors shifted their focus back to the economy and earnings news. It was contrary to the positive reaction to the news that Osama bin Laden had been killed by U.S. forces. The Dow Jones industrial average (INDU) fell 3 points to 12,807, after being up as much as 60 points earlier in the day. The S&P 500 and Nasdaq Composite (COMP) fell 2.4 points and 9 points respectively.

According to Fred Dickson, chief market strategist with D.A. Davidson & Co:

“Bin Laden’s death doesn’t eliminate the risk factors and it doesn’t settle the political uprising issues in the Mideast.”

Monday’s losses ends the five-day long positive streak for the S&P 500 and Dow Jones.

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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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US Stock Surges, Oil Price Drops

Written on March 04, 2011 by Japhet Writ

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U.S. stocks posted their best day in three months on Thursday, as Wall Street rallied behind a strong unemployment claims report together with a modest drop in energy prices.

Last Thursday, US stocks posted their best day in three months. The surge in US stocks is due to a re-surging jobless claims and modest drop in energy costs, specifically the oil price. The Dow Jones increased to 191 points at the preliminary close, while S&P 500 and Nasdaq added 22.5 and 51 points respectively. The gains were the best blue chip indicator this year, and the largest since 2011.

Last Thursday’s improvement was fairly held steady for the whole day. And although AT&T dropped to 0.1%, 20 of Dow Jones’ members gained more than 1%. Wall Street’s bulls rallied behind more than the expected weekly jobless claims report, showing the number of people who petitioned for benefits dropped to its lowest since May 2008. In addition to this, the oil price fell to 40 cents per barrel. That is after the news that Libyan leader, Moammar Gadhafi, might agree to a peace negotiation mediated by Venezuela’s Hugo Chavez.

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