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Crude Oil Prices Hit 4-Year Low

Posted On October 13, 2014

(Undated) -- Crude oil prices are the lowest in four years, and they could fall even lower. British crude fell to 88 dollars a barrel in London trading today, and Kuwait's oil minister said on Sunday that OPEC is not likely to cut production to keep prices up. Meanwhile, U.S. gas prices are the lowest…

French Economist Wins Nobel Prize

Posted On October 13, 2014

(Stockholm) -- A French economist Jean Tirole is the winner of this year's Nobel Prize in economics. He was asked to explain his work today, moments after being announced as the recipient of the prestigious award.   The Royal Swedish Academy of Sciences described Tirole as one of the most influential economists of our time.…

Bose And Beats Agree To Settlement In Dispute

Posted On October 12, 2014

(Undated) -- A high profile patent dispute over noise canceling headphones between Bose Corp and Beats Electric is over. The terms of the settlement are not being disclosed, but a Bose spokesperson said in an e-mail the dispute as been resolved. In the case, Bose alleged Beats had willfully infringed upon five of its patents…

Gas Prices Fall To Lowest Point In Nearly A Year

Posted On October 12, 2014

(Undated) -- Gas prices are at their lowest point in nearly a year. According to the Lundberg survey, the average price of gas in the U.S. has dropped 12 cents in the past three weeks. The average price for a gallon of unleaded is now about three-dollars-and-26 cents. Gas prices are highest in the San…

$750 Million Released For Ebola Fight

Posted On October 12, 2014

(Washington, DC) -- The Pentagon is now free to move 750-million dollars in war funds to help fight the Ebola outbreak in West Africa. Oklahoma Republican Senator James Inhofe lifted a hold he had placed on the transfer of the funds. Inhofe is the senior Republican on the Senate Armed Services Committee. Up to four-thousand…