James Packwood

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The super rich are getting stung by the oil slump

While the Americas and Asia Pacific saw their respective numbers of ultra high net worth (UHNW) individuals and total wealth grow, the Europe, the Middle East and Africa (EMEA) region showed drops in both the number of super rich people and their combined wealth.<p>Unsurprisingly, some the richest …

Stocks skid as drugmakers fall, then bank woes deepen losses

NEW YORK (AP) -- U.S. stocks are rallying Tuesday as the market regains most of what it lost in a sharp loss the day before. The largest gainers include banks and retailers while big technology companies are also recovering.<p>Banks rose as interest rates turned higher, and automakers Ford and General …

The Fed is dragging us to economic hell

Don't buy that statistical economic garbage. The economy recovered <i>in spite of</i> Fed policy, not because of it. The economy recovered because business owners, entrepreneurs, and workers rolled up their sleeves and made things happen.<p>It involved a lot of pain: layoffs, asset sales, lost customers, and …

Wealth of people in their 30s has 'halved in a decade'

<b>People in their early 30s are half as wealthy as those now in their 40s were at the same age, a report finds.</b><p>Today's 30-something generation has missed out on house price increases and better pensions, according to research by the Institute for Fiscal Studies.<p>Those born in the early 1980s have an …

Housing

U.S. levels new Iran sanctions as nuclear talks in limbo

WASHINGTON — The United States imposed a new round of sanctions on companies doing business with Iran on Friday, alleging that they're helping Iran build its nuclear program, support terrorism and evade sanctions.<p>The new sanctions come even as Western diplomats say they have made progress on …

Is This Ebola’s Tipping Point?

With the DR-Congo now Ebola-stricken, fears of an Armageddon are rising. Until these nations can provide basic health care, the fear is warranted.<p>The …

An Upcoming iPhone Feature From Apple Will Completely Transform How You Use Apps

Apple calls it Extensibility, and it basically allows your apps to share both information and functionality with one another, which means less time spent switching among apps.<p>Let's say you have a favorite app for editing your photos, such as Adobe Photoshop Express.<p>Before Extensibility, you would …

FCC Questions Verizon’s Limits On Unlimited Data

Federal Communications Commission Chairman Tom Wheeler on Wednesday grilled Verizon on its plans to slow down the data of the top 5 percent of 4G LTE unlimited users.<p>For the past two and half years, Verizon has engaged in a process commonly known as throttling that slows down the data of the top 5 …

Russia requests Apple provide access to source code

Reuters reports that Russia has asked Apple to provide the government with access to the company’s source code to make sure its iOS devices and Macs aren’t used for spying. The report claims the proposal came earlier this month when an Apple executive in Russia met with the country’s Communications …

Odd coffee fact: Much of the world prefers instant

(NEWSER) – Americans don't like instant coffee much, but we're actually kind of weird that way.<p>Turns out nearly half the world prefers the stuff, at least as far as retail sales go, the <i>Washington Post</i>reports.<p>Australians and New Zealanders, for instance, are crazy for it: More than 75% of retail …

Malaysia Airlines Ukraine Crash: Australia Mulls G-20 Putin Ban

The giant Létourneau pipe organ at Sydney’s St. Mary’s Cathedral sounded particularly somber Sunday morning as Prime Minister Tony Abbott and other …

MH17: Russia must return black boxes

Philip Hammond, the Foreign Secretary, has called on Russia to return the black boxes from Flight MH17 amid reports they have been seized by separatists<p>Britain has called for Russia to return the black boxes from Flight MH17 amid reports that they have been seized by rebels.<p>Footage was yesterday …

Iran eliminates sensitive uranium gas stockpile under nuclear deal: IAEA

VIENNA (Reuters) - Iran has moved to eliminate its most sensitive stockpile of enriched uranium gas under an interim nuclear deal reached with six world powers last year, according to a monthly update by the U.N. nuclear watchdog obtained by Reuters on Sunday.<p>EU foreign policy chief Catherine …

Russia spotted editing Wikipedia page about downed Malaysia Airlines jet

A Twitter bot that keeps watch on Wikipedia pages edited by those inside the Russian government spotted major changes to an entry about yesterday's crash of Malaysia Airlines Flight 17, which killed all 298 people on board. <i>The Telegraph</i> reports that a Russian language page about Boeing 777 …