Preciosa Dumlao

After several months of calling for U.S. government action to sanction Venezuela's state run oil company Petroleos de Venezuela, S.A. (PDVSA) for doing business with Iran, Chairman of the Western Hemisphere Subcommittee Connie Mack (FL-14) welcomed the State Department's decision to finally sanction Venezuela's state-owned oil corporation today by stating:

S&P will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices. Alpha Natural Resources Inc. (NYSE: ANR) will replace Massey Energy Corp. (NYSE: MEE) in the S&P 500 index after the close of trading on Wednesday, June 1. Alpha Natural Resources is acquiring Massey Energy in a deal expected to be completed on or about that date pending final approvals.

Tens of thousands of children are sexually abused each year in the United States, yet news coverage of the subject is out of sync with both the magnitude of the issue and the context in which it occurs. This finding comes from a study released this month from Berkeley Media Studies Group, a project of the Public Health Institute. The report, Case by Case: News coverage of child sexual abuse, examined national news stories on child sexual abuse published between 2007 and 2009. Fewer than one stor...

NASA is ending attempts to regain contact with the long-lived Mars Exploration Rover Spirit, which last communicated on March 22, 2010.

Advent Software, Inc., a leading provider of software and services for the global investment management industry, today unveiled a major new release of Geneva, Advent's award-winning global portfolio management and fund accounting solution.

Risk appetite continued to wane during the week ending May 18 as investors digested a fresh round of lukewarm-to-cold macroeconomic data, fresh speculation that Greek debt will be restructured and the fact that the official end to the US Federal Reserve's QE2 program is now less than eight weeks away.

Environmental Defense Fund (EDF) today announced the findings of a major study analyzing the impact of information-based energy efficiency programs at eleven utilities across the country. The report identifies energy reductions that could generate billions in savings for Americans and reduce carbon (CO2) emissions by more than 8.9 million metric tons per year if extended nationwide.

Major League Baseball pitcher, Bartolo Colon, left professional baseball in 2009 with pain in his right shoulder from a rotator cuff tear. Instead of accepting a life without baseball, Colon accepted an invitation from Regenocyte's medical director, Lionel Liriano M.D., to undergo adult stem cell therapy in his home country of the Dominican Republic.

Bahrain has released 515 detainees since the State of National Safety was declared in March, according to Gulf Daily News. Bahrain also announced the daily curfew has also been lifted.

Institutional investors are increasingly bullish on using Exchange-Traded Funds (ETFs) in their portfolios. When looking to invest in ETFs, U.S. institutions turn most often to iShares, BlackRock's ETF business.

New barriers to international clearing could be erected by proposed new regulations for over-the-counter (OTC) derivatives in the European Union, according to the Alternative Investment Management Association (AIMA), the global hedge fund association.

Commodities will undergo another bull run once financial markets fully appreciate the threat of a global rise in inflation, according to Dighton Capital Management, one of the world's leading managed futures fund managers.

The much hyped and much ridiculed end-of-days prophesy ended in wild parties across the globe on Saturday leaving Radio entrepreneur Harold Camping and his followers humiliated.

Aviation experts on Sunday expect that the massive plume of smoke coming from an erupting volcano in Iceland will have limited impact on air travel as European air routes remain open despite fears the smoke could spread to southern Europe next week.

Do not feed the thickening product called SimplyThick to infants born before 37 weeks because it may cause a life-threatening condition.

A Los Angeles-based company has built a new website that will cater specifically to programmers called SourceSale.com, according to sources.

A team of scientists at the University of Louisville, UCLA and the California Institute of Technology has achieved a significant breakthrough in its initial work with a paralyzed male volunteer at Louisville's Frazier Rehab Institute. It is the result of 30 years of research to find potential clinical therapies for paralysis.

Taking the right precautions may be especially important this year. After a 2010 hurricane season that produced intense storm and hurricane activity but no direct hit on the U.S. coastline, forecasters at Weather Services International recently predicted two or three hurricanes could come ashore in 2011. Their forecast calls for 15 named storms, eight hurricanes and four intense hurricanes of category 3 or stronger this year.

Once the sun set and just before the start of the NASCAR Sprint All-Star Race at Charlotte Motor Speedway on Saturday, May 21, the raceway's house lights dimmed and fans "flashed their brights," breaking the Guinness World Records achievement for most flashlights lit simultaneously. Energizer outfitted the 65,000 fans with LED headlights as they entered the Charlotte Motor Speedway.

At least 35 construction workers have been killed and 20 others wounded when Taliban insurgents ambushed their convoy in eastern Afghanistan in the latest attack by the al-Qaeda-linked bandits.

As if the world is not filled enough with crazy news like "Judgment Day" on May 21, the U.S. Assistant Surgeon General Ali Khan on Thursday offered tips on how to survive in case of a zombie apocalypse.

The Russian Foreign Ministry on Thursday said it has expelled Israeli's military attaché in Moscow on allegations the officer were spying and was gathering intelligence against Russia.

Honda Motor Co. has announced it would recall more than 1,000 new Honda Civics in the U.S. because of defects found in the fuel line. The defect could cause fuel leak, the company said in a statement.

A team of visa specialists have launched the website, www.australianoworries.com, to assist young Americans navigate the Australian Work and Holiday Visa, introduced in only 2008.

Preventive capacity building and partnerships across all sectors against the threat of radiological and nuclear terrorism is the focus of the INTERPOL Global Radiological and Nuclear Terrorism Prevention Conference in Lyon this week.

President Obama's attempt today to link the stalled Palestinian-Israel negotiations to social and economic progress in the Arab world will unnecessarily increase tensions between Washington and Jerusalem, said JINSA Executive Director Tom Neumann. Furthermore, Neumann said, it is a distraction from continued work needed to strengthen the international isolation of Iran and to fight against radical Islamism, in which Israel is a vital partner.

MF Global Holdings Ltd. (NYSE: MF), a broker-dealer providing trading and hedging solutions, today reported financial results for its fourth quarter and fiscal year ended March 31, 2011.

BlackRock, Inc. announces that it has agreed to repurchase Bank of America Corporation's remaining ownership interest in BlackRock totaling 13,562,878 of its Series B Convertible Preferred Shares for approximately $2.545 billion, or $187.65 per share.

Oil prices for July delivery of Brent oil advanced 13 cents to $112.43 on Thursday after the anticipated increase in U.S. Stockpile did not materialized.