Twinkies won't die that easily after all.Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.The bankruptcy judge hearing the case said Monday that...
Just Explain It: What is the Strategic Petroleum Reserve?
Labels: BusinessEliminating America's dependency on foreign oil has been a policy goal for at least the last two U.S. Presidents. According to the International Energy Agency, by 2020, the U.S. will overtake Saudi Arabia as the world's number one oil producer.However, there's still some work to do. The United States Energy Information Administration reported that 45% of the petroleum consumed by...
Apple to produce line of Macs in the US next year
Labels: BusinessApple CEO Tim Cook says the company will move production of one of its existing lines of Mac computers from China to the United States next year.Industry watchers said the announcement is both a cunning public-relations move and a harbinger of more manufacturing jobs moving back to the U.S. as wages rise in China.Cook made the comments in part of an interview taped for NBC's "Rock Center," but aired...
US economy adds 146K jobs, rate falls to 7.7 pct.
Labels: BusinessThe pace of U.S. hiring remained steady in November despite disruptions from Superstorm Sandy and employers' concerns about impending tax increases from the year-end "fiscal cliff."Companies added 146,000 jobs, and the unemployment rate fell to 7.7 percent — the lowest in nearly four years — from 7.9 percent in October. The rate declined mainly because more people stopped looking for work and weren't...
Just Explain It: Why the Fiscal Cliff May Trigger a Recession
Labels: BusinessLawmakers in Washington appear to be making little to no progress in avoiding the impending so-called fiscal cliff. House Speaker John Boehner, R-Ohio, said Friday the negotiations are "almost nowhere." On Thursday Boehner rejected a proposal from the Obama administration saying that the Democrats need to "get serious about real spending cuts."President Obama's offer continues to call for higher...
Dec
25
Woman’s ‘Dystextia’ Stroke Sign: ‘Some is where!’
Labels: HealthSmartphone autocorrect is famous for scrambling messages into unintelligible gibberish but when one man received this garbled text from his 11-week-pregnant wife, it alarmed him:“every where thinging days nighing,” her text read. “Some is where!”Though that may sound like every text you’ve ever received, the woman’s husband knew her autocorrect was turned off. Fearing some medical issue, he made sure...
Link between pot, psychosis goes both ways in kids
Labels: HealthMarijuana (cannabis) use may be linked to the development of psychotic symptoms in teens - but the reverse could also be true: psychosis in adolescents may be linked to later pot use, according to a new Dutch study."We have focused mainly on temporal order; is it the chicken or the egg? As the study shows, it is a bidirectional relationship," wrote the study's lead author Merel Griffith-Lendering,...
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