Thursday, May 5, 2011

First Look: Boeing‘s ’Phantom Ray’ Drone Completes Test Flight | The Blaze

First Look: Boeing‘s ’Phantom Ray’ Drone Completes Test Flight | The Blaze: "We‘ve already showed you Northrop Group’s stealth drone, the X-47B (watch here). Now Boeing has entered the fray with its Phantom Ray, a stealth-style drone that just completed its inaugural test flight at Andrew’s Air Force Base. But the Phantom ups the ante: instead of being just an unmanned drone controlled by remote control, it can be controlled by a computer."

World Food Prices Rise to Near-Record High as Inflation Speeds Up, UN Says - Bloomberg

World Food Prices Rise to Near-Record High as Inflation Speeds Up, UN Says - Bloomberg: "World food prices rose to near a record in April as grain costs advanced, adding pressure to inflation that is accelerating from Beijing to Brasilia and spurring central banks to raise interest rates."

FOREX-Dollar tumbles to 3-yr low; data underpins rate view - Yahoo! News

FOREX-Dollar tumbles to 3-yr low; data underpins rate view - Yahoo! News: "Weak U.S. jobs, services data add to dollar's woes
* Euro hits 17-month high but fades ahead of ECB meeting
* Dollar at 6-week low vs yen; high-yield FX struggles
* One-month euro/dollar implied vols rise again (Updates prices, adds more details on options)"

No resistance in "cold-blooded" U.S. raid: Pakistan officials - Yahoo! News

No resistance in "cold-blooded" U.S. raid: Pakistan officials - Yahoo! News: "BBOTTABAD, Pakistan (Reuters) – Osama bin Laden and his comrades offered no resistance when killed by U.S. special forces in a Pakistani town, Pakistani security officials said on Thursday."

Obama administration floats draft plan to tax cars by the mile - The Hill's Floor Action

Obama administration floats draft plan to tax cars by the mile - The Hill's Floor Action: "The Obama administration has floated a transportation authorization bill that would require the study and implementation of a plan to tax automobile drivers based on how many miles they drive."

Jobless claims hit 8-month high - Yahoo! Finance

Jobless claims hit 8-month high - Yahoo! Finance: "WASHINGTON (Reuters) - The number of Americans filing for jobless aid rose to an eight-month high last week and productivity growth slowed in the first quarter, clouding the outlook for an economy that is struggling to gain speed."