President Bush vetoed legislation to expand embryonic stem cell research today.
“It crosses a moral boundary that our decent society needs to respect, so I vetoed it,” Bush said of the research that involves the use of tiny human embryos. The bill he vetoed would have expanded the number of stem cell lines available for federally [...]
If you’re looking for a fantastic deal on an excellent camera, you’ll be hard pressed than to do better than this Canon Powershot A620 With 7.1 megapixels, the A620 incorporates a host of high-end features normally reserved for G-series PowerShots.
The DIGIC II processor drives a fast, responsive performance, and–in combination with the camera’s 4x optical [...]
The New York Times reports that an unexpectedly steep rise in tax revenues from corporations and the wealthy is driving down the projected budget deficit this year.
White House officials are expected to announce that the tax receipts will be about $250 billion above last year’s levels and that the deficit will be about $100 billion [...]
Senator Hillary Rodham Clinton was in San Francisco campaigning for Democratic gubernatorial candidate Phil Angelides.
Although it could be seen as party loyalty, Clinton’s behavior appeared more self serving.
The New York senator and likely 2008 presidential candidate was in San Francisco on Friday morning for a $1,000-a-head Angelides fundraiser. But the former first lady stuck around [...]
If you’re looking for a MacBook, this is a pretty sweet deal. Price: $999 after $100 mail-in rebate with free shipping.
A mail-in rebate takes $100 off the price of this MacBook. This is the lowest end of the 13-inch MacBooks, an Intel-based line Apple introduced in May to replace the iBook and the 12-inch PowerBook.
Apple [...]
I guess when you raise $900 million, you really don’t need to raise another $400 million via IPO.
The New York Times reported that Clearwire has cancelled it’s planned IPO to raise $400 million dollars after the recent investments by Intel and Motorola.
BeyondGenius speculates that companies only invest that much money in another company if they [...]
The AP reports that FBI agents monitoring Internet chat rooms used by extremists learned in recent months of the plot to strike a blow at the city’s economy by destroying vital transportation networks, one official said.
The Daily News reported that the plotters wanted to blow up the Holland Tunnel, the southernmost link between Manhattan and [...]
The World Bank says China has overtaken Britain to become the world’s fourth-largest economy. Based on gross domestic product converted into US dollars at current exchange rates it actually overtook the UK some time ago, but now it has done so on a calculation which smoothes out exchange rate fluctuations using a three-year average.The top [...]
Reuters reported today that Intel Corp.’s venture capital arm (invested $600 million) and Motorola Ventures, the venture capital unit of Motorola Inc., are participating in a financing round totaling $900 million for Clearwire Corp., a wireless Internet provider founded by telecommunications pioneer Craig McCaw. This is in additon to the announcement in May, where Clearwire [...]
The New York Times reported today that the Central Intelligence Agency has closed a unit that for a decade had the mission of hunting Osama bin Laden and his top lieutenants.
The unit, known as Alec Station, was disbanded late last year and its analysts reassigned within the C.I.A. Counterterrorist Center, officials said.
The realignment of personnel reflects [...]
