June 2011

Post image for Senate cancels 4th of July recess

Senate cancels 4th of July recess

by Adam Russett on June 30, 2011

Lately, all of the talk at Capitol Hill has circulated around one subject – the debt ceiling. Republicans refused to raise the limit which the U.S. can borrow with no other conditions, so now both parties have reached a stalemate.  Multiple economists have warned that passing the deadline – which is set for August 2 […]

Post image for MySpace sold to Justin Timberlake, ad group for $35M

MySpace sold to Justin Timberlake, ad group for $35M

by Jorge Hernandez on June 30, 2011

A lot can happen in five years, and in the case of MySpace, a lot did. One of the most popular social networking websites in 2006, MySpace was recently purchased by Justin Timberlake and the ad agency Specific Media for $35 million, well short of the $580 million News Corp. paid for it in 2005. […]

Post image for Kate Middleton and Jane Austen are distant cousins

Kate Middleton and Jane Austen are distant cousins

by Jorge Hernandez on June 30, 2011

It seems that the future Queen of England is a distant cousin of the queen of English fiction. Jane Austen and Kate Middleton are separated by 11 degrees, according to historians who spoke with People.com. Anastasia Harman was the lead historian on the case and she said that the findings were very interesting. "Finding this […]

Post image for Tsonga beats Federer at Wimbledon

Tsonga beats Federer at Wimbledon

by Derrick Johnson on June 30, 2011

Roger Federer is still the record holder for the most Grand Slam titles in one career. However, he will not be winning another Wimbledon this year after losing to French tennis player Jo-Wilfried Tsonga. Tsonga beat Federer after trailing by two sets. However, the 26-year-old rebounded, winning the last three sets 6-4 each. Federer was […]

Most Americans have been there – they're craving some kind of sweet drink, reach for a can of Coke and then recoil, shaking their head. Not today, they think, and reach for the Diet Coke instead. The healthier decision?  New research suggests that it may not be. Time magazine reports that some of the ingredients […]

Post image for Google+ introduced as Facebook competitor

Google+ introduced as Facebook competitor

by Kelly MacNeil on June 29, 2011

After several unsuccessful tries, Google introduced on Tuesday what it hopes will be its answer to the social networking craze. Dubbed Google+, the project is expected to compete with Facebook by appealing to smaller circles of friends while offering greater privacy protection. In addition to paring things down from the larger scope of Facebook, Google+ […]

Post image for Greeks strike as country faces austerity measures

Greeks strike as country faces austerity measures

by Jorge Hernandez on June 29, 2011

Greek citizens are facing public sector job losses, higher VAT (value-added taxes) and losses in school funding and welfare benefits, according to a new report from CNN. Greece's debt is forcing the country to undergo austerity measures, which the Greek parliament is voting on. The austerity measures come at the hands of international lenders, who […]

Post image for Bank of America to pay $8.5 billion in settlement

Bank of America to pay $8.5 billion in settlement

by Jorge Hernandez on June 29, 2011

Bank of America, one of the "most hated companies in the U.S.", according to the Business Insider, will have to pay $8.5 billion in settlement money to mortgage bond investors who were hurt by the financial crisis. The plaintiff's included BlackRock, the Federal Reserve Bank of New York and the Pacific Investment Management Company, according […]

Post image for Religion and brain atrophy linked

Religion and brain atrophy linked

by Jorge Hernandez on June 28, 2011

What does religion, age and damages to the brain have to do with one another? A new study from Duke is making an argument for the links between "born-again" religions in the Protestant and Catholic faiths, and the decrease in size of the hippocampus, a part of the brain responsible for memory and learning. "One […]