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Hertz IPO raises $1.32 billion, price below expectations
Car rental company Hertz Global Holdings Inc. raised $1.32 billion through an initial
public offer, tendering 88.2 million shares, priced at $15 each. The company had expected
a price of $16 to $18 per share … 
3 U.S. car company CEOs meet Bush, represent issues they face
Chief executives of the three U.S. automakers, who met president George Bush Tuesday,
apparently left without any tangible results as the president did not make any commitment
to reduce their …
AOL announces new features for AIM 6.0
NEW YORK - American Internet giant, AOL, has announced new features for the next version
of its hugely popular instant messenger software as it looks to overcome the pressure
exerted …
MIT researchers say wireless electricity is possible
Wireless electricity? Scientists at the Massachusetts Institute of Technology (MIT) say it
is possible. They have developed a system in theory, which can power gadgets in the same
manner as …
Sprint's Boost Mobile to launch phone locator service
A startup telecommunications company in Silicon Valley is facilitating the launch of a
cellphone locator service that allows its users to get to know when their contacts are in
nearby …
Mozilla study finds Firefox 2.0 better placed in detecting phishing …
A study commissioned by Mozilla Foundation claims that the anti-phishing filter in
Mozilla's Firebox 2.0 browser has outclassed similar tools available in Microsoft's
Internet Explorer 7 …
Study: Dark chocolate reduces risk of heart attack
… a small amount of dark chocolate eaten every day could cut down the risk of
developing a blood clot and may be good for heart health …
New guidelines to limit junk food ads directed at kids
WASHINGTON – Leading U.S. food manufacturers and advertisers have announced new
guidelines for children's advertising in order to limit the instances of marketing junk
food to children …
Women can be allergic to semen
Recent research has shown that women can be allergic to their partner's semen. The allergy
can cause symptoms ranging from general itching to anaphylactic shock …
Christmas spending in Britain predicted to hit the roof
LONDON - Christmas spending in Europe is predicted to increase by 2 percent this year, but
British spending will top the list with at least 17 billion pounds spent by …