New York - A California-based company plans to offer to determine a person's complete genetic code sequencing for 5,000 dollars, the lowest so far any biotechnology group can offer, The New York Times said Monday.
Complete Genomics, situated in the Silicon Valley south of San Francisco, said it will offer the technique next year to whoever wants to have a complete set of genomes that make up a person's DNA.
The science of genomics has been trying to determine genes that predispose a person to certain diseases and find the appropriate drugs to fight them.
San Francisco - Online commerce giant eBay is to fire 10 per cent of its workforce, or about 1,400 workers, the company said Monday.
The Silicon Valley internet pioneer also announced that it was online payments firm Bill Me Later for 945 million dollars in cash and stock. eBay will combine the company, which processes online payments for companies like Wal-Mart Stores and Continental Airlines, with its rapidly growing PayPal division.
San Francisco - A planned night out at the Casino turned into deadly mayhem when a bus packed with gamblers crashed on a rural California road Sunday night, killing 10 and injuring dozens more, police said Monday.
The crash occurred near the small town of Williams, about 180 kilometres north of San Francisco after the bus veered off the narrow road and then completely flipped over as it overcorrected.
Washington - The Dow Jones Industrial Average Monday fell below 10,000 points for the first time in four years and the S&P 500 reached a four-year low on worries about more bank bail-outs in Europe and tumbling commodity prices.
Trading halted in Russia and Brazil as stocks plunged. Goldman Sachs Group Inc., Morgan Stanley and Bank of America Corp. fell more than 6.3 per cent after the German government led a bailout of commercial-property lender Hypo Real Estate Holding AG and BNP Paribas SA bought Fortis's Belgium bank.
Tripoli - The United States has opened a trade office in Libya to boost bilateral economic relations, the official JANA news agency reported on Monday.
US assistant secretary for trade, Israel Hernandez, was at the official opening on Sunday with Libyan government representatives as well as businessmen from both countries, JANA said.
Hernandez explained that the move aims to increase trade exchange between the two countries, according to JANA
The opening of the trade office is seen by observers as yet another sign of warming relations between the two former arch-foes.
The move comes one month after a landmark visit to Libya by US Secretary of State Condoleezza Rice.
San Francisco - Online commerce giant eBay is to fire 10 per cent of its workforce, or about 1,400 workers, the company said Monday.
San Francisco - A planned night out at the Casino turned into deadly mayhem when a bus packed with gamblers crashed on a rural California road Sunday night, killing 10 and injuring dozens more, police said Monday.
Washington - The Dow Jones Industrial Average Monday fell below 10,000 points for the first time in four years and the S&P 500 reached a four-year low on worries about more bank bail-outs in Europe and tumbling commodity prices.
