By Tribune newspapers
Mosiac app. (Tribune)
The Tribune Co., publisher of the Los Angeles Times and the Chicago Tribune, is rolling out a news-reading application that will run on a new line of Microsoft-based tablet computers.
The app, called Mosaic, creates a moving set of touchable photographs that, when tapped, reveals the headline associated with the photo and allows the user to open and read the article.
“It’s a very different, visual way for readers to sort through and personalize how they want to see news delivered,” said Eddy Hartenstein, the Tribune’s co-president. “You just touch it and it blossoms.” Get the full story »
Jan. 6 at 11:54 a.m.
Filed under:
Food,
Regulations
By Associated Press
The Food and Drug Administration is launching a website explaining its regulations to companies as part of a broader effort to rebrand itself as a more transparent, accessible agency.
The website, dubbed “FDA Basics for Industry,” features answers to frequently asked questions about the regulation of food, drugs and medical devices. The FDA also pledged to respond to questions from manufacturers within five business days. Get the full story »
Jan. 6 at 10:57 a.m.
Filed under:
Policy,
Politics
By Tribune staff report
President Barack Obama has chosen Bill Daley to serve as his new chief of staff, a senior administration official said Thursday morning.
Jan. 6 at 10:48 a.m.
Filed under:
Economy,
Policy,
Politics
By Reuters
U.S. House Speaker John Boehner said Thursday that any move to increase the United States’ $14.3 trillion debt limit must be accompanied by spending cuts. Get the full story »
Jan. 6 at 10:11 a.m.
Filed under:
Retail
By Associated Press
Shoppers’ holiday-season splurge was likely a preview of what’s to come in 2011, and economists say it should embolden companies to expand and hire.
Americans spent more in the 50 days before Christmas than analysts had expected — the sharpest annual increase since 2006. It’s the surest sign yet they’re becoming less frugal as the economy rebounds.
Jan. 6 at 9:53 a.m.
Filed under:
Health care
By Reuters
An effort by Republicans in the U.S. House of Representatives to repeal the health care law enacted last year would add to already huge federal budget deficits, the Congressional Budget Office warned on Thursday. Get the full story »
Jan. 6 at 9:24 a.m.
Filed under:
Airplanes,
Defense,
Updated
By Julie Johnsson
Boeing Co. notched 530 net commercial aircraft orders and delivered 462 airplanes during 2010 as the commercial aerospace market continued to rebound along with the global economy.
The Chicago-based aerospace company saw an improvement in its key commercial airplane business, which accounts for more than half of Boeing’s revenues, despite continued problems with its 787 and 747-8 aircraft programs.
Aircraft sales rebounded strongly from 2009, when Boeing gained just 142 net orders and scrambled to help airline customers obtain financing and to prevent them from canceling orders. Get the full story »
Jan. 6 at 8:54 a.m.
Filed under:
Health care
By Associated Press
Illinois lawmakers are considering a major overhaul of the program that provides medical care to the poor, part of an effort to control costs during a budget crisis and build support for a tax increase.
The legislation would emphasize HMO-style “managed care” and reduce the use of costly institutions for people with physical and mental disabilities. It would require the state to pay Medicaid bills sooner, reducing late-payment penalties. It also would take steps to ensure ineligible people don’t sign up for medical care. Get the full story »
Jan. 6 at 7:49 a.m.
Filed under:
Computers,
Software
By Reuters
Apple Inc. is launching an applications store for Mac computers, replicating a model that proved wildly popular on its iPhones.
The Mac App Store, similar to the iPhone App Store and linked to iTunes accounts, went live Thursday offering more than 1,000 apps, or programs. The store is launching in 90 countries with paid and free apps in areas such as games, design and education. Get the full story »
Jan. 6 at 7:46 a.m.
Filed under:
Economy,
Jobs/employment,
Layoffs
By Reuters
New U.S. claims for unemployment benefits rose more than expected last week, but a decline in the four-week average to a fresh low in more than two years indicated the labor market improvement remained intact.
Initial claims for state unemployment benefits increased 18,000 to a seasonally adjusted 409,000, the Labor Department said on Thursday, above economists’ expectations for 400,000. The prior week’s figure was revised up to 391,000 from the previously reported 388,000. Get the full story »
Jan. 6 at 7:23 a.m.
Filed under:
Government
By Reuters
As Republican lawmakers threaten a showdown over the federal debt limit, bond investors are calculating when they should start to get nervous. The answer: early March, and probably, really worried in April.
Wall Street economists, looking at recent seasonal spending and revenue trends, estimate the $14.3 trillion debt limit will be reached toward the end of March or sometime in April if Congress fails to raise it before then. Get the full story »
Jan. 6 at 7:19 a.m.
Filed under:
M&A,
Sports
By Reuters
Fortune Brands has hired Morgan Stanley to auction its golf division, a sale that may fetch as much as $1.5 billion, Bloomberg reported, citing four people with knowledge of the matter. Get the full story »
Jan. 6 at 6:47 a.m.
Filed under:
Crime,
Criminal charges,
Fraud
By Associated Press
A federal indictment accuses three Chicago residents who allegedly posed as successful entrepreneurs with defrauding more than 50 victims out of approximately $4 million. Get the full story »
By Associated Press
AT&T Inc. will start selling the previous-generation iPhone — the iPhone 3GS — for $49 starting Friday to customers who buy the smart phone with a two-year service contract and data plan. AT&T said it will include iPhone 3GS devices sold through AT&T and Apple. Get the full story »
Jan. 6 at 6:04 a.m.
Filed under:
Autos
By Mary Jane Grandinetti
The 2012 Buick Verano. (GM)
Buick’s long-awaited compact sedan, the 2012 Verano, bows Monday at the Detroit Auto Show.
Built off the same platform that carries the Chevy Cruze and Opel Astra, the front-wheel-drive Verano will have 1.4-liter, 180-horsepower turbo 4-cylinder as its base engine with a 6-speed automatic transmission, according to Edmunds.com, which said it will be priced from $22,500. Get the full story »
