Karl Bandyan

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Report: Amazon Tested Wireless Network

Amazon.com (AMZN) tested a new wireless network that would allow users of Amazon devices to connect to the Internet, Bloomberg News reported Friday.<p>The reported test would be another sign Amazon, the world’s largest e-commerce company, wants to extend beyond online retail and hardware like the …

The Quest for College Affordability -- and Why Congress’ Latest Student Loan Bill May be in Vain

President Obama continued his two-day bus tour on Friday pushing a new proposal to create a college ratings system that evaluates schools on a number of criteria including average tuition, graduation rates, debt load of graduates and alumni’s earnings.<p>He says the ratings system will make college …

Sources: BATS, Direct Edge Mull Merger

BATS Global Markets and Direct Edge are in talks over a potential merger that would create the No. 2 U.S. stock exchange, people close to the matter told FOX Business’s Charlie Gasparino.<p>The two companies, formed to challenge the dominance of NYSE Euronext (NYX) and Nasdaq OMX Group (NDAQ), each …

Gold Up Almost 2% On Poor US Home Sales

Gold rose almost 2 percent on Friday, hitting its highest price in more than two months near $1,400 an ounce, as a big drop in U.S. new home sales renewed hopes that the Federal Reserve will maintain its bond-buying economic stimulus.<p>For the week, gold gained 1.6 percent for its third consecutive …

Oil Climbs on East Coast Refinery Work

A rise in gasoline futures helped pull oil prices higher on Friday following news of a unit shutdown at a Canadian East Coast refinery.<p>While the trading volume for the Brent crude contract was higher, gains on the U.S. futures contract outpaced those for the international benchmark. Brent's premium …

Have Stocks 'Reached a Permanently High Plateau?'

The definition of groupthink is, "a psychological phenomenon that occurs within a group of people in which the desire for conformity in the group results in an incorrect decision-making outcome. Members try to minimize conflict and reach a consensus decision usually without evaluation of …

Broadway star Julie Harris dies at 87

Julie Harris, one of Broadway's most honored performers, whose roles ranged from the flamboyant Sally Bowles in "I Am a Camera" to the reclusive Emily Dickinson in "The Belle of Amherst," died Saturday. She was 87.<p>Harris died at her West Chatham, Mass. home of congestive heart failure, actress and …

Syria warns against foreign involvement in conflict; Hagel says US prepared for 'all contingencies'

US Secretary of Defense Chuck Hagel has said that President Obama has asked the military to "prepare options for all contingencies" as the crisis in Syria deepens following reports of a chemical weapons attack by that country's government earlier this week.<p>Speaking in Malaysia Sunday, where he was …

Syria warns against foreign involvement in conflict; Hagel says US prepared for 'all contingencies'

US Secretary of Defense Chuck Hagel has said that President Obama has asked the military to "prepare options for all contingencies" as the crisis in Syria deepens following reports of a chemical weapons attack by that country's government earlier this week.<p>Speaking in Malaysia Sunday, where he was …

New treatment for sexual dysfunction

For centuries, women have suffered in silence with sexual dysfunction.<p>As medical technology has evolved to address the dysfunction of human sexuality, solutions for women are lacking. The advent of Viagra changed the lives of millions of men across the globe and, perhaps, repaired a few …