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Improved safety device could prevent BP-type oil spills

by
Eve Troeh
May 22, 2012
The National Academy of Engineering is recommending that oil and gas companies spend millions on a modified blowout preventer. This is the $45 million device that failed and caused the BP oil spill in the Gulf of Mexico.

Why Facebook's IPO was slightly delayed

by
Scott Tong
May 21, 2012
Facebook's first investors didn't lose their shirts. The company's stock is trading right where it started on Friday: 38 bucks a share. But the initial public offering didn't go exactly as planned. The start was delayed; computer systems locked up; and NASDAQ executives are promising to fix the problems.

An app too far?

by
Lore Sjoberg
May 18, 2012
Apple's new Apple Store self-checkout app has Wired.com columnist Lore Sjoberg worried.

Taxing your winnings

Interview by
Tess Vigeland
May 18, 2012
Winning big could saddle you with some serious debt. Tax expert Louis Barajas explains.

At Lulu's: No Wi-Fi for you!

by
Mark Herz
May 18, 2012
Lulu DeCarrone was tired of laptoppers turning her New Haven coffee shop into a silent crypt, so she cut them off. And business has never been better.

Innovation funding gets the ax

by
John Dimsdale
May 18, 2012
The Technology Innovation Program helped fund a lot of innovations, but now the program has been eliminated.

Facebook co-founder renounces U.S. citizenship

Interview by
Jeremy Hobson
May 14, 2012
In letting go of his U.S. citizenship now, Eduardo Saverin will also be able to avoid paying nearly $600 million in U.S. capital gains taxes when Facebook goes public.

Savings strategies after locking in a low rate

by
Chris Farrell
May 11, 2012
My husband and I just refinanced our house at a great rate (15-year fixed mortgage at 2.875 percent). Our house payment is low and we can afford to pay more each month. Would the best use of our money be to pay down the principal on this low-interest loan or put extra away for retirement or for our children's college fund? We have two young children and are in our late 20s/early 30s. Thanks for your help! Katie, Helena, MT

Mortgage delinquencies down

by
Mitchell Hartman
May 9, 2012
Credit reporting agency TransUnion says the percentage of people behind on their mortgages is down to its lowest level since 2009.

Unpaid interns file lawsuits

by
Nancy Marshall-Genzer
May 4, 2012
The unpaid internship is a common work experience for many college and graduate students. But now some are saying that businesses need to pay up.

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