Posted on March - 20 - 2012

Supervalu stops buying “pink slime” meat

PORTLAND, Ore. — National supermarket operator Supervalu Inc. says it will stop buying ground beef that contains the filler now known as “pink slime” due to customer concerns.

The company owns stores under the Acme, Albertsons, Cub Foods, Farm Fresh, Hornbacher’s, Jewel-Osco, Lucky, Shaw’s/Star Market, Shop ‘n Save and Shoppers Food return false;” rel=”nofollow”>Facebook –>

  • Posted on March - 02 - 2012

    Apple’s new iPad will be faster and prettier

    Apple’s invitation to journalists for an event Tuesday that is expected to result in the introduction of the iPad3.

    Apple unveiled the third generation of its popular iPad tablet computer Wednesday, with a host of upgraded features including 4G, or LTE, compatibility, a high-resolution display and a quad-core processor far superior to competitors.

    In an event at the Yerba Buena Center for the Arts in San Francisco, Apple CEO Tim Cook and other executives announced the anticipated new gadget, along with two other offerings: a universal iPhoto app and a new Apple TV set-top box.

    The star of the show, however, was the new iPad, which was not christened with an official name, as executives alternately referred to it as the third-generation iPad and the new iPad.

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    Posted on March - 01 - 2012

    AT&T eases limits on ‘unlimited’ smartphone data plans

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    Posted on February - 22 - 2012

    In Europe, spending cuts fail to ease debt burdens

    WASHINGTON — Europe has endured the pain of layoffs, wage cuts and tax increases designed to bring government debt under control.

    So where’s the gain?

    Far from falling, debt burdens are rising fastest in European countries that have enacted the most draconian austerity programs, according to The Associated Press’ Global Economy Tracker, which monitors the performance of 30 major economies.

    The numbers back up what many analysts say: Austerity isn’t just painful. It can be counterproductive and even make a country’s debt load grow.

    Many fear the cutbacks will cause Europe to sink into a self-defeating spiral: Higher debt leads to harsher austerity, growing social instability and deeper economic problems. Governments could find it even harder to pay their bills.

    The pain is already intense.

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    Posted on February - 04 - 2012

    Feds: Megaupload user data could be gone Thursday

    Federal prosecutors say data from users of Megaupload could be deleted as soon as Thursday.

    U.S. prosecutors blocked access to Megaupload and charged seven men, saying the site facilitated millions of illegal downloads of movies, music and other content.

    The company says its millions of users stored their own data, including family photos and personal documents. They haven’t been able to see their data since the government raids earlier this month, but there has been hope they would be able to get it back.

    Megaupload hires outside companies to store the data, for a fee. But Megaupload attorney Ira Rothken said Sunday that the government has frozen its money.

    A letter filed in the case Friday by the U.S.

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    Posted on January - 24 - 2012

    General Motors CEO says politics played role in Volt probe

    General Motors CEO Dan Akerson. (Scott Olson/Getty Images)

    General Motors’ chief executive plans to tell lawmakers that he believes politics motivated a U.S. government investigation of battery fires in Chevy Volts.

    In testimony prepared for delivery at a House Oversight Committee hearing on Wednesday, Dan Akerson said it appears the Volt became, perhaps unfairly, a surrogate for election-year politics and commentary on GM’s business and Obama administration policy.

    President Barack Obama has heavily promoted electric vehicles like the Volt, and his administration oversaw a U.S. government bailout and bankruptcy restructuring of GM in 2009. Full Article…