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    BUSINESS NEWS

    IBM posts lower 1Q earnings amid hardware slump

    FILE - This Tuesday, July 16, 2013, file photo, shows an IBM logo in Berlin, Vt. IBM reports quarterly financial results after the market close on Wednesday, April 16, 2014. (AP Photo/Toby Talbot, File)NEW YORK (AP) — IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exacerbated by weaker demand in China and emerging markets.




    Hot models at this year's New York Auto Show

    The 2015 Hyundai Sonata is introduced at the New York International Auto Show, Wednesday, April 16, 2014 in New York. (AP Photo/Mark Lennihan)NEW YORK (AP) — With more than 1 million visitors annually, the New York International Auto Show is one of the most important shows for the U.S. auto industry. Here are some of the vehicles debuting this year. The show opens to the public Friday.




    EDUCATION

    FatBomb Search
    1. NASA - Sun-Earth Day - Ask an Expert
      The Sun-Earth Day theme for 2006 is the total solar eclipse on March 29th. This web site is ... ASK AN EXPERT. Here is your opportunity communicate with two of our Sun-Earth Day experts on Education ...
    2. Vermont.gov - Education
      "... about living, working, visiting, and doing business in Vermont , and to Vermont state government ... Access Government 24/7 • About Vermont.Gov • Ask a "
    3. Alaska Student Loans - ACPE Home
      "Alaska Commission on Postsecondary Education and Alaska Student Loan Corporation - ACPE ... Why choose Alaskadvantage Programs? As your state higher education assistance agency, we offer ... "
    4. EED - No Child Left Behind
      Alaska has entered its second decade of school reform where ... Alaska's State Plan. Key Components ... Ask Your Question About NCLB: Assessment: Education ...
    5. Department of Education - NJ Parents
      "New Jersey Department of Education ... DOE Info.
    6. Department of Education - Administrative Code
      New Jersey Department of Education ... State Board of Education. » New Jersey Statutes Annotated (N.J.S.A.) 18A The State ... DOE Info.
     
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    ECONOMY NEWS

    Weak U.S. prices, not inflation, the threat now: Fed's Yellen

    U.S. Federal Reserve chair Janet Yellen speaks to the Economic Club of New York in New YorkBy Jonathan Spicer NEW YORK (Reuters) - Persistently low inflation poses a more immediate threat to the U.S. economy than rising prices, Federal Reserve Chair Janet Yellen said on Wednesday, stressing that the U.S. central bank would be delivering policy stimulus for some time to come. In her second public speech since taking the Fed's helm, Yellen was careful not to predict when interest rates would rise from near zero. Instead, she stressed the decision would hinge on healing in the labor market and on how briskly inflation rises toward the Fed's 2 percent goal. Yellen's relatively staid remarks to the Economic Club of New York intensified somewhat when Martin Feldstein, a Harvard University professor and former adviser to President Ronald Reagan, asked her whether she would let inflation creep above 2 percent to give the economy a bit more support.




    Wall Street gains on Yellen comments and Yahoo; BofA falls

    Traders work on the floor of the New York Stock ExchangeBy Ryan Vlastelica NEW YORK (Reuters) - Stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied. Data showing Chinese economic growth exceeded expectations and U.S. industrial production rose for a second straight month also improved sentiment, though Bank of America and CSX Corp sold off following their results. Yellen, speaking in New York, reaffirmed the Fed's commitment to keep interest rates low, even after ending its bond-buying program, as long as inflation remains below target and unemployment elevated. "These comments, while nothing out of the ordinary, reiterated the Fed's commitment to accommodative monetary policy, which is helping investors remember that there are more tailwinds than headwinds in the economy," said Kristina Hooper, head of U.S. capital markets research and strategy at Allianz Global Investors in New York.




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    WEATHER NEWS

    [$$] Renewable Energy Cools Earnings View
    Renewable Energy tempered its expectations for the first quarter, saying unseasonably cold winter weather reduced demand for diesel.

    AmEx posts higher 1Q profit as spending picks up

    AmEx posts higher 1Q profit as spending picks upAmerican Express said Wednesday its net income climbed in the first quarter, helped by higher spending by its cardholders even as cold winter weather gripped much of the country. The New York-based company ...




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