US Government Shutdown; Venezuela Hard on US Diplomats

US government has no option but to shutdown as the country is not having funds to run the government. More trouble will come for United States on October 17, when the 17 trillion USD debt limit will be used. The US President Barack Obama has blamed the GOP for US government shutdown.

In a first of its kind action in India, Congress Member of Parliament Rasheed Masood has been jailed for 4 years. He has also been disqualified from the Parliament as he was found guilty in medical students admission scam.

Venezuela has expelled three US diplomats. The Prime Minister Maduro has blamed the three diplomats for their role in power-grid sabotage in September. Also, they have been blamed for bribing Venezuelan companies.

Women in India are making money by Surrogacy. Indian surrogate mothers are bearing children of people from United States and UK.

Aurora Townhouse Killing Leaves Four Dead

President Barack Obama has expressed grief over four persons killed in Aurora Townhouse, Colo. United States. The nation is mourning the death of innocent people and there are various reports about things getting worse in United States. People are discussing the major issue on Facebook and Twitter.

Financial experts are warning that the problems for United States haven't yet ended. President Obama may have reached a deal to avert fiscal cliff, but there are still issues that need to be resolved.

Strong earthquake was felt in parts of Alaska and Canada. The Tsunami warnings issued after the quake have been cancelled. The situation seems to be in control now.

Bethenny Frankel has filed for divorce. She announced before Christmas that she has split from her husband Jason Hoppy.

Apple Profit Jumps 24%; Amazon.com Results Disappoint

Technology major Apple announced 24% rise in net profit but the company missed analyst expectations. The company reported rise in profits as iPhone sales were higher at 26.9 million units. iPad sales were 26% higher compared to last year at 14 million units. The stock price was flat after the result announcement.

Amazon.com reported loss during the quarterly results for first time in five years. The online retailer invested $175 million in LivingSocial in 2010. The company reported net loss of $274 million.

US Stock market closed marginally higher with Dow Jones Industrial Average at 13,103 and Nasdaq at 2986. Euro/USD was trading at 1.2944.

P&G reported better than expected results and the stock price was up by 4% at $70.83. Shares of rival Colgate were down by nearly 2%.

Salesforce.com Getting Hold Of Buddy Media; Microsoft Brings Out Application For Streaming Content On Xbox

Salesforce.com Salesforce.com Inc. is getting hold of the marketing firm Buddy Media for approximately $689 million in a transaction, which highlights the expansion in both social media and the delivery of software over the web.

Microsoft Corp. inaugurated the Electronic Entertainment Expo on June 04 by unveiling novel software named as Xbox SmartGlass, which will permit Xbox 360 users to stream and share content crosswise smartphones, tabs as well as televisions.

On June 05 at the CFDA Awards, Mary-Kate and Ashley Olsen’s effort on their fashion line the Row gained them the 2012 Womenswear Designers of the Year honor. Johnny Depp was also acclaimed for his special style.

JP Morgan Chase Injects $400 Mn In China Division

JP Morgan Chase JP Morgan Chase has injected around 2.5 billion yuan ($394.08 million) into its Chinese division, the latest foreign banking institution to strengthen its Chinese operations.

RIM (Research In Motion), the sick manufacturer of the BlackBerry, is making plans to slash around 2,000 jobs as part of a worldwide restructuring plan.

Justin Bieber is wanted for interrogation by Los Angeles County Sheriff's detectives after a photographer complained of being treated violently by the pop star at a shopping center.

It has been asked by a group of researchers from the University of Victoria that rates of caffeinated alcoholic beverages should be lifted up or else people would carry on consuming these destructive beverages at a fast rate.

Bill Clinton Poses With Porn Stars; Toyota To Launch 8 Compacts By 2015

Bill Clinton The two porn actresses who caught the attention of ex President Bill Clinton at a swanky Monaco soiree and shared their friendly photo-op via Twitter said that Bubba wanted to meet them.

Toyota Motor Corp stated that it would launch eight compact cars made for growing markets by the next three years in a try to get closer to to front-runners comprising Volkswagen AG and General Motors Co.

If you’re wondering when Google will lastly put its stamp of authorization on an official Android tablet computer, you will have to question a little bit longer.

As per fresh study, working moms are less depressed as compared to stay-at-home mothers.

Alibaba Buys Back Yahoo Stake

Alibaba Group Holding Ltd Yahoo is in the process of selling half of its about 40% holding stake in Alibaba Group Holding Ltd., one of the most flourishing firms in China's speedily growing Internet market.

Facebook’s owner Mark Zuckerberg has tied the nuptial knot with her long time lady love, Priscilla Chan.

Katy Perry’s love life is hitting headlines again. The pop diva has reportedly ended her love relationship with Robert Ackroyd.

It has been recently disclosed in a report that there are attempts going to be made for accurately making people alert about the need for putting control over their high blood pressures.

Russell Brand Still Loves Katy Perry; Third Cholesterol Patients Not Using Cholesterol Drugs

Russell Brand Russell Brand and Katy Perry apparently didn't have the most friendly divorce. Brand, 36, stunned Perry, 27, by filing for separation after just 14 months of marriage Dec. 30 and then continued to have a series of flings with other females shortly thereafter.

Human Genome Sciences Inc. registered a plan with watchdogs on Thursday to attempt to block Glaxosmithkline P.L.C.’s $2.6 billion takeover offer for the Maryland-based pharma firm.

Comcast Corp., the nation’s biggest Internet service supplier, is ready to begin charging extra when clients go over a certain monthly data limit.

As per fresh facts, over a third of individuals (36%) who have been prescribed medicine owing to high cholesterol rates fail to take their medicine.

Facebook Increases IPO Size By 25%; Petrobras Quarterly Income Hits Estimations

Facebook Facebook will augment the size of its IPO by around 25% to lift up approx $15 billion, as sturdy investor demand for a share of the social network trumped continuing debate regarding the firm's long-term potential to earn money.

Petrobras (Petroleo Brasileiro SA), the globe’s fifth-biggest oil firm by market value, stated that its first-quarter profit exceeded analysts’ projections owing to augmented income from gasoline sales and advanced crude exports.

Jennifer Lopez still has no plan regarding her future on American Idol.

Cisco Shares Decline On Feeble Outlook; Angelina Wants Ethnic Traditions In Marriage

Cisco Cisco has lifted up the specter late Wednesday of a jarring slowdown in technology expenditure, alarming investors already fretting about the economic system's flimsy condition.

Twitter is probing the release of what seem to be thousands of user account passwords plus e-mail addresses.

According to a report being drawn out by the charity Arthritis Care, it has been disclosed that the number of individuals having arthritis is increasing.

As per reports, Angelina Jolie wishes to include different ethnic traditions into her nuptials.

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