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Overweight? There’s an app for that

NEW YORK (Reuters Life!) – Worried about how many calories you are going to consume in that slice of pizza, chocolate cake or bag of fries? A new iPhoneapplication may help. After taking a picture of the meal with the phone, the app gives a calorie read-out almost instantly. The app, called MealSnap,…

Russia denies plans to ban Gmail, Skype

MOSCOW – The Russian security service denied Saturday it had plans to ban Skype and Gmail after one of its top officials said such services posed a serious security risk. The information and special communications director of the Federal Security Service (FSB) told a cabinet meeting Friday that he was…

China posts first quarterly trade deficit in 7 years

SHANGHAI – China said it had posted its first quarterly trade deficit in seven years, despite a narrow surplus in March, as rising commodity prices pushed manufacturers’ costs higher. China recorded a small trade deficit of $1.02 billion for the first quarter, its first since the beginning of 2004. But…

MySpace may trim down to win suitors

SAN FRANCISCO – Reports surfaced on Friday that faded social networking star MySpace may cut more staff to be attractive to suitors. A Wall Street Journal report cited unnamed sources as indicating News Corp. might make MySpace leaner for potential buyers including music video service Vevo, China-based Internet company Tencent,…

Madoff’s secret shame: Danielle Steel

Bernie Madoff, the infamous Ponzi schemer who has been imprisoned since 2009, granted his second jailhouse interview since the beginning of his incarceration. Not only did he tell the Financial Times the long story of his deception and the reason he fell down the rabbit hole of fraud (“I was…

Johnson & Johnson fined for bribing doctors

WASHINGTON — US authorities fined cosmetics and drugs giant Johnson & Johnson $70 million on Friday for bribing doctors in Europe and paying kickbacks for contracts under a UN relief program in Iraq. The Department of Justice and Securities and Exchange Commission said since 1998 the firm had paid doctors…

House GOP votes to overturn net neutrality

By Kevin Drawbaugh WASHINGTON (Reuters) – The House of Representatives voted on Friday to reject Internet “neutrality” rules that were adopted last year to keep big Internet service providers from blocking certain traffic House Republicans, in a 240-179 vote, pushed through a measure disapproving the Federal Communications Commission’s rules. Tech…

World food prices dip for the first time in eight months

ROME (AFP) – World food prices fell for the first time in eight months in March after record highs largely due to oil prices, though the situation remains volatile, the UN’s food agency said on Thursday. The Food and Agriculture Organisation’s Food Price Index dropped to an average 230 points…

Oil prices hit highest level since 2008

LONDON — World oil prices jumped on Friday to their highest levels in more than two years as the market was driven by simmering political tensions in the Arab world and concerns over elections in Nigeria. Brent North Sea crude for delivery in May hit a high of $124.84, the…

Second night of tense budget talks in Washington fails to produce results

WASHINGTON (AFP) – The clock was ticking on Friday for Republicans and Democrats to come up with a deal to avert a government shutdown at midnight after President Barack Obama failed to resolve the impasse. With Obama’s order ringing in their ears, negotiators from both sides worked through a second…

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