Daily Intel

Rackspace and Lennar are big market movers
The steel company said its Canadian unit will apply for relief from creditors and its third-quarter results will beat forecasts. The homebuilder and financing company reported better-than-expected revenue and profit on a rebound in home sales. The...
Sep 18, 2014 | 6:18 AM
Dow closes at record high of 17,156 after Fed maintains stance on low interest rate
NEW YORK (AP) — Dow closes at record high of 17,156 after Fed maintains stance on low interest rate.
Sep 18, 2014 | 5:18 AM
USDA approves new modified corn, soybean seeds
The Agriculture Department has approved the use of genetically modified corn and soybean seeds that are resistant to a popular weed killer.
Sep 18, 2014 | 4:18 AM
Experts skeptical of testosterone drug benefits
WASHINGTON (AP) — Federal health experts say there is little evidence that testosterone-boosting drugs are effective for treating common signs of aging and large studies are needed to support their continued use in millions of American men.
Sep 18, 2014 | 4:18 AM
IMF readies $127M for 3 countries battling Ebola
WASHINGTON (AP) — The International Monetary Fund said Wednesday it is preparing $127 million in zero-interest loans to the three African countries hardest hit by the Ebola outbreak — Guinea, Liberia and Sierra Leone. The money would help the three...
Sep 18, 2014 | 4:18 AM
Yellen: Fed balance sheet to take years to shrink
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen says "it could take until the end of the decade" to shrink the Fed's record investment portfolio to more normal levels. Fed officials responded to the downturn in the economy with three rounds of...
Sep 18, 2014 | 3:18 AM
FedEx to add 50,000 seasonal jobs
Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries.
Sep 18, 2014 | 2:18 AM
Apple update keeps data private, even from police
Apple said that its latest software system, iOS 8, included protection so complete that it has become technically impossible for it to comply with government warrants asking for customer information such as photos, email, messages, contacts, call...
Sep 18, 2014 | 2:18 AM
Think waterfront is expensive here? Try these cities
Real estate site Zillow.com recently did a study on waterfront homes in the United States. What it found is that the value of waterfront is now twice as much as other homes.
Sep 18, 2014 | 1:18 AM
Novo Nordisk may base obesity-research drive here
Novo Nordisk, which closed a Seattle research hub two weeks ago, is hinting the location could become its chief site for a broad new initiative targeting obesity and employing many scientists.
Sep 18, 2014 | 12:18 AM