Washington, Se4p 25 : Berkshire Hathaway has agreed to invest at least 5 billion dollars in Goldman Sachs Group, with billionaire investor Warren Buffett backing a Wall Street firm that’s begun transforming itself into a more-stable banking business.
In addition to buying 5 billion dollars in preferred stock, Berkshire also got warrants to buy another 5 billion dollars in Goldman’s common stock. Goldman said on late Tuesday that it would raise another 2.5 billion dollars in its own public stock offering.
The news sent shares of Goldman Sachs and stock index futures soaring in electronic trading, after the Dow Jones Industrial Average posted a triple-digit decline for the second day in a row, CBS News reported.
New York, Sept. 24 : There is at least one area where John McCain and Barack Obama agree – they would not fancy lying to the public.
In separate interviews with CBS, both said that they would seek to be above board and transparent in their interactions with the American public, should either of them become president.
Washington, September 24 : Johns Hopkins scientists are calling for prominent warning labels on a slew of caffeinated energy drinks to inform consumers about caffeine doses and their potential health risks.
"The caffeine content of energy drinks varies over a 10-fold range, with some containing the equivalent of 14 cans of Coca-Cola, yet the caffeine amounts are often unlabeled and few include warnings about the potential health risks of caffeine intoxication," says Dr. Roland Griffiths, one of the authors of the article that appears in the journal Drug and Alcohol Dependence this month.
Washington, Sept 24 : Nintendo Wii, the popular gaming system, not just combines fun and exercise, but also holds rehabilitation benefits for those suffering from cerebral palsy, says a new study.
The UMDNJ case study, namely “Use of a Low-Cost, Commercially Available Gaming Console (Wii) for Rehabilitation of an Adolescent with Cerebral Palsy,” focused on use of the Nintendo Wii for rehabilitation of a teen with cerebral palsy.
The case study of the 13-year-old male with spastic diplegic cerebral palsy has shown physical therapy benefits resulting from the use of Wii, a relatively low-cost, commercially available, interactive gaming system.
Washington, September 24 : The first mobile phone that runs Google Inc.''s software, though looks identical with Apple Inc.''s iPhone, provides several extra facilities.
Launched in the U. S. market on October 22, the phone comes with a trackball, a slide-out keyboard and easy access to Google''s e-mail and mapping programs.
With its launch, Google has debuted as a cell phone software provider.
Wireless carrier T-Mobile will begin selling the G1 phone for 179 dollars with a two-year contract in its stores.
New York, Sept. 24 : There is at least one area where John McCain and Barack Obama agree – they would not fancy lying to the public.
Washington, September 24 : The first mobile phone that runs Google Inc.''s software, though looks identical with Apple Inc.''s iPhone, provides several extra facilities.
