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Video: GM CEO 'agonized' Over Putting Two Engineers On Paid Leave By Clip Syndicate General Motors CEO Mary Barra said she "agonized" over last week's decision to put two GM engineers on paid leave pending the outcome of an investigation into faulty ignition switches linked to at least 13 deaths. Barra's comments, made to reporters on Tuesday after an industry conference ahead of the New York Auto Show, referred to Ray DeGiorgio and Gary Altman, two engineers involved in the development of the defective switches, which are being replaced in 2.6 million recalled GM vehicles. ...Read More »
Giselle Fernandez & Husband Split By Grab Media, a blinkx company Journalist and TV host Giselle Fernandez just lost 180 pounds by dumping her husband after 11 years of marriage and according to legal docs, she's quick to point out that she makes a fortune. 52-year-old Fernandez filed for legal separation from business exec John Farrand on Friday, citing irreconcilable differences. Giselle claims she typically works 40 hours a week and earns an impressive $41,667 per month. In addition to "Access Hollywood," Fernandez guest anchored for "CBS Early Show," "CBS Evening News," "NBC Today," "NBC Nightly News," and even appeared on "Dancing with the Stars." ...Read More »
The Senate Banking Committee Proposes Adoption Of An Untried Model To Replace Fannie Mae And Freddie Mac By Grab Media, a blinkx company Fannie Mae and Freddie Mac, once the twin kingpins of the home loan market, have been languishing in Federal conservatorship since September 6, 2008. While their continued presence is an embarrassment to many on both sides of the political aisle, it is generally understood that the agencies can't be axed without seriously disrupting the market, and that a phase-out should occur over a period of years -- to coincide with a phase-in of the institutions that will replace them. ...Read More »
Smartphone Makers, Carriers Embrace Anti-theft Initiative By Grab Media, a blinkx company Major U.S. wireless carriers and smartphone makers have agreed to introduce tools to enable users to lock their devices and wipe them clean of data if stolen, responding to pressure on the telecommunications industry to do more to stem theft. Starting in July 2015, all smartphones manufactured by the companies will come with free anti-theft tools preloaded on the devices or ready to be downloaded, according to wireless association CTIA, which announced the agreement on Tuesday. New York Attorney General Eric Schneiderman and San Francisco District Attorney, George Gascon welcomed the voluntary agreement but said it fell short of what they have advocated to prevent theft. ...Read More »
Americans Increasingly Prefer Democrats On Healthcare: Reuters/Ipsos Poll By Grab Media, a blinkx company Americans increasingly think Democrats have a better plan for healthcare than Republicans, according to a Reuters/Ipsos poll conducted after the White House announced that more people than expected had signed up for the "Obamacare" health plan. Nearly one-third of respondents in the online survey released on Tuesday said they prefer Democrats' plan, policy or approach to healthcare, compared to just 18 percent for Republicans. Ipsos pollster Chris Jackson says "In the last couple of weeks, as the exchanges hit their goals, news coverage has been more positive and the support of the Democratic Party on this issue has rebounded." ...Read More »
US Stock Markets Rebounds After Choppy Day By Grab Media, a blinkx company A stock market swoon turned into a comeback Tuesday. Stocks managed a late-afternoon rebound for the second time in two days as investors seemed to brush off a report of lower confidence among homebuilders and simmering tensions in the Ukraine. The late rally even gave a lift to tech stocks like Google and Intel, which had weighed on the market much of the day. ...Read More »
SpaceX Signs 20-Year Lease For Historic Launch Pad 39A By Grab Media, a blinkx company Marking the end of a billionaire tug of war, the SpaceX commercial rocket venture signed a 20-year agreement on Monday to take over NASA's historic Launch Pad 39A, the point of origin for Apollo moon missions as well as the first and last space shuttle flights. Gwynne Shotwell, SpaceX's president and chief operating officer, said her company could start launching its Falcon Heavy rocket from 39A at NASA's Kennedy Space Center as early as next year. The signing at Kennedy Space Center came after a months-long battle of the billionaires — pitting dot-com tycoon Elon Musk's SpaceX against Blue Origin, a rocket venture founded by Amazon.com mogul Jeff Bezos. ...Read More »
Yahoo's 1Q Lifted By Alibaba, Modest Ad Progress By Grab Media, a blinkx company Yahoo is still prospering from its lucrative investments in Asia while the Internet company's listless advertising sales are picking up under CEO Marissa Mayer, if ever so slightly. The positive signs in a first-quarter report overshadowed a 20 percent decline in Yahoo's earnings during the opening three months of the year. The results released Tuesday highlight the contrasting performances of Yahoo's investment portfolio and the company's main business of running ad-supported online services. ...Read More »
Video: Felipe Calderón: Economic Arguments Needed To Fight Climate Change By Clip Syndicate What do Chinese coal plants and the American legislative branch have in common? They are both major adversaries in the fight against climate change, according to former President of Mexico Felipe Calderón. “The most serious problem is in the United States Congress,” he told a packed audience at Harvard Business School on Monday. “If you are a Republican, it’s like a formal requirement to be a nonbeliever in climate change. And that’s bad.” ...Read More »
Video: Smartphone Makers, Carriers Embrace Anti-theft Initiative By Clip Syndicate Major U.S. wireless carriers and smartphone makers have agreed to introduce tools to enable users to lock their devices and wipe them clean of data if stolen, responding to pressure on the telecommunications industry to do more to stem theft. Starting in July 2015, all smartphones manufactured by the companies will come with free anti-theft tools preloaded on the devices or ready to be downloaded, according to wireless association CTIA, which announced the agreement on Tuesday. New York Attorney General Eric Schneiderman and San Francisco District Attorney, George Gascon welcomed the voluntary agreement but said it fell short of what they have advocated to prevent theft. ...Read More »

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