Money Matters - Simplified

United States

Don't Buy the Hype

How did you possibly miss Google back when it was $100?

Avoid This Ticker ... for Now

Over long periods of time -- eight decades -- the best place you could have put your money has been in small-cap value stocks.

Bernanke Holds His Ground

If you think your job presents daily challenges, take a second to think about Ben Bernanke's predicament. Inflation is blowing through the roof, yet financial markets remain hanging on by their fingernails. The yin and yang of economic forces must haunt the poor guy at night.

A Trillion-Dollar Landmine

By Morgan Housel:

Back in 1968, Prudhoe Bay, the largest oilfield in the United States, was discovered in northern Alaska. It contained some 13 billion barrels of recoverable oil, and at its peak, it churned out 1.5 million barrels of black goo per day, adding a tidy amount to America's domestic oil production. What a treat that's been.

A Red Hat Packed With Dynamite

This quarter was all about constructing the fireworks of the future for Linux vendor Red Hat (NYSE: RHT). You don't see much happening at the moment, but all the ingredients for a massive eruption are there.

Ardea Takes the More Exciting Route

Most compounds that enter the clinical trial process never make it to market. But yesterday, Ardea Bioscicences (Nasdaq: RDEA) announced phase 2a data for its lead anti-HIV drug that was good enough to encourage further testing.

Want Your Company Name As Website Suffix? ICANN Says You Can!

Were you one of those people who wanted to have your company website ending with your company’s name? Chances are you will be able to get it soon, with the Internet Corporation for Assigned Names and Numbers taking a decision Thursday to ease off on naming rules for websites.

Gates Close On An Era: Microsoft Chairman Set To Retire

A journey that started with a hunch 33 years back is set to finally come to an end, as Bill Gates, chairman of Microsoft Corp. looks to end his tenure as the company’s chairman Friday.

HIV Infection Rate Surges Among Men Who Have Sex With Men

The rate of human immunodeficiency virus/acquired immunodeficiency syndrome (HIV/AIDS) cases among men who have sex with men (MSM) has skyrocketed to nearly 12 percent a year, a new report from Centers for Disease Control and Prevention has found.

Bicyclist hits bear while going 45 mph

Boulder, Colo. -- A Colorado man said he is glad he survived after hitting a large bear while traveling about 45 mph on his bicycle.

Tim Egan was on a bike ride in Boulder County when he had an unexpected collision with a bear he estimates weighed 500 pounds and was six feet tall, KCNC-TV, Denver, reported.

"This bear looked at me with a look of terror on his face and sort of made a noise. I looked at him with a look of terror and we went, 'aaaahhhhh'," Egan said.

Egan, 53, said his bike flipped over the bear and smacked the pavement before the huge animal ran away.

"When I tell people, they say 'Right, are you kidding me, who hits a bear?'" he said.

Egan said he was able to ride his bike to a medical center to get treatment for cracked ribs, cuts and abrasions after Tuesday's incident.