Major indices finish lower amid GE earnings disappointment >>> READ MORE

Obama Samsung Selfie Draws White House Rebuke

Apr 4, 2014, 2:17 pm EDT

The White House isn’t happy with Samsung (SSNLF) over a selfie taken with President Barack Obama. Source:

The selfie was taken by David Ortiz after he presented the President with a Red Sox jersey. Oritz has an endorsement deal with Samsung and later posted the picture to Twitter (TWTR). Samsung then Retweeted Ortiz’s picture to it 5.2 million followers, reports CNN Money.

“It does stand to reason we have objected in the past. We object now,” Jay Carney, the press secretary for the White House, told “But I’m not going to get into the manner of objection.” Read 

NASA to Stop Working With Russia With One Exception

Apr 3, 2014, 3:01 pm EDT

NASA and Russia are no longer space partners due to Russia’s actions in Ukraine.

The American space agency has cut all space relations with Russia except for the International Space Station. NASA will continue working with Russians in order to “maintain safe and continuous operations” of the space station, the agency said in a statement.

The move prohibits NASA employees from emailing or holding teleconferences with Russian employees. Additionally, the agency’s employees are not allowed to travel to Russia or host visitors for the time being. Read 

Turkey Lifts Its Two-Week-Old Twitter Ban

Apr 3, 2014, 2:42 pm EDT

Twitter (TWTR) was offline in Turkey for two weeks due to a Twitter ban as the country’s local elections were approaching.

The country’s telecoms authorities blocked the social media site on March 21 under Prime Minister Tayyip Erdogan’s orders. Erdogan issued the Twitter ban in order to “root out” several anonymously posted audio tapes with recordings of senior officials.

The website came back up after Turkey’s constitutional court ruled the ban a breach of freedom. However, there is a ban on YouTube that is still in effect. The YouTube ban came a week after the Twitter one. Read 

Putin Divorce Finalized: The Russian President’s 30-Year Marriage Ends

Apr 3, 2014, 1:07 pm EDT

Russian President Vladimir Putin’s marriage to Lyudmila officially ended on Wednesday. Source:

Putin had been married to Lyudmila for 30 years. The couple announced that they had separated in June of last year, but that the divorce wasn’t finalized. Little is known about Putin’s private life, his wife and their two daughters, reports Reuters.

The official Russian website that contains Putin’s biography has been updated so that no mention of his ex-wife can be found on the page. Read 

Minimum Wage by State for 2014

Apr 3, 2014, 11:26 am EDT

The minimum wage is becoming a hot political issue again. President Barack Obama has promoted raising the minimum wage as a way to help lift low-wage workers out of poverty. However, with the House of Representatives under GOP control, it appears unlikely that there will be any federal legislative action to increase the minimum wage.

The federal minimum wage is currently set at $7.25 per hour. Various U.S. states have set their own minimum wage standards, while others simply follow the federal standard.

This year, increases to the minimum wage are being considered in 34 states. Three states — Connecticut, West Virginia and Delaware — have passed legislation to boost the minimum wage this year. Meanwhile, four states — including Georgia and Wyoming — have state minimum wage standards that are lower than the federal minimum wage. In those states, as in states with no minimum wage standard, the federal minimum wage applies. Read 

Scott Brown to Run for Senate … in New Hampshire

Apr 2, 2014, 11:23 am EDT

On Wednesday, Scott Brown has thrown his hat into the race to unseat New Hampshire U.S. Senator Jeanne Shaheen (D). Source: Wikipedia

Scott Brown — a Republican who served an abbreviated term as a U.S. Senator from Massachusetts — told a New Hampshire radio station that he is running for Shaheen’s senate seat and will make an official announcement next week. Earlier this month, Scott Brown had launched an exploratory committee, which many saw as confirmation of his intent to challenge Shaheen, the Washington Post notes.

In 2010, Scott Brown defeated Massachusetts attorney general Martha Coakley in a special election to serve out the remainder of late Senator Ted Kennedy’s term. However, Scott Brown lost his bid to win a full term when he was defeated by Elizabeth Warren in 2012. Read 

1 2 3 4 5