Money Matters - Simplified


Apple delaying iPhone 5S launch to feature larger screen?

If the rumors floating around are to be believed then Apple Inc. is likely to delay the unveiling of its next-gen iPhone, unofficially dubbed the iPhone 5S.

RIM delays launch of Blackberry 10

The latest decision of Research In Motion Ltd (RIM) to postpone the launch of its new phones considered as imperative to the company's survival, suggests that the Blackberry manufacturer is degenerating faster than thought.

Want to save your marriage? Quit alcohol

If your drinking habit is taking a toll on marriage, you are not the only one, as a new study states that alcohol dependence plays a major role in longevity of a relationship.

3-Month Delay? No Problem!

 The Food and Drug Administration's delaying its decision on whether to approve Human Genome Sciences (Nasdaq: HGSI) and GlaxoSmithKline's (NYSE:GSK) Benlysta shouldn't come as much of a surprise. The FDA gave the drug a six-month priority review and then scheduled the advisory panel meeting 5.25 months into it. Three weeks is a pretty tight time frame to finish up a review.

Patients delay treatment for over 2 hours after heart attack--study

Though early treatment of cardiovascular problems is associated with improved outcomes in patients, majority of the people with symptoms of a heart attack still wait more than two hours before seeking timely medical care, claims a new study.

Fresno, Nevada to stay in WAC 1 more year

Engelewood, Colo. -- Fresno State and Nevada will delay their membership with the Mountain West Conference under a deal with the Western Athletic Conference.

Fresno State and Nevada but said this summer they were leaving the WAC and would compete in the Mountain West beginning next fall.

But WAC officials said that move violated conference bylaws and initiated legal action to stop the move.

A statement from the WAC office Thursday said the school will each pay the conference $900,000 and wouldn't join the Mountain West until the 2012-13 academic year.

Hundreds await airline reimbursement

Brussels -- Dutch airline KLM has not reimbursed hundreds of British passengers for delays caused by the volcanic ash cloud that engulfed much of Europe, observers say.

The European Union has threatened legal action against the airline to force it to pay passenger expenses caused by the volcanic cloud, which shut down air traffic over much of Europe for 18 days in April and May, the BBC reported Saturday.

EU rules require airlines to cover reasonable hotel and meal costs for passengers but KLM says it will pay for only 24 hours, the British broadcaster said. In some cases, passengers were stranded a week or more.

KLM said it paid for only 24 hours to resolve compensation cases quickly for thousands of European customers.

Late start time at school benefits teens

Delaying the start of school by mere 30 minutes, from 8:00 a.m. to 8:30 a.m., may appear inconsequential, but such postponement does wonders when it comes to a teen’s alertness and motivation in class.

Sheen's hearing delayed until July

Aspen, Colo. -- A Colorado judge postponed television star Charlie Sheen's Monday plea hearing until July, reported.

The actor was expected to plead no contest to a single misdemeanor assault charge in an alleged incident involving Brooke Mueller, his wife and the mother of their twin toddler sons.

Mueller has accused the "Two and a Half Men" star of assaulting her and threatening her last December.

"They need time to re-work the final points of the plea deal," the Web site quoted District Attorney Arnold Mordkin as saying in an Aspen court Monday.

The plea hearing was rescheduled for July 12.

Copyright 2010 United Press International, Inc. (UPI).

Regulator talks delay Prudential Plc issue

London -- British insurance giant Prudential PLC said Wednesday it would delay issuing terms of a share issue until it resolved some issues with regulators.

"Up until 7 o'clock this morning, people were expecting the rights news to hit the market," Paul Mumford, a fund manager at Cavendish Asset Management, told The New York Times. "It's all a bit of a mess, and embarrassing for the Pru," he said.

The firm was expected to release the terms on a sale expected to raise $21 billion to help finance its purchase of American International Group's Asian life insurance business, a $35.5 billion takeover.

However, the firm is negotiating with the Financial Services Authority over the capital position of the combined company, the Times said.