Mary Kay Magistad spent a quarter of a century living in Asia, reporting on that region's explosive growth. Now that she's come home, she finds herself breathing a little easier — but straining her ears at the silence.
The Korean automaker Hyundai plans to eliminate the old-fashioned cigarette lighter socket in their newest vehicles, replacing it with a USB jack. Paul Eisenstein, editor of TheDetroitBureau.com says the innovation may not fly with many drivers who like to charge gadgets ranging from GPS systems to radar detectors — and even hair dryers.
If America defaults on its debt this week, it won't be the first economic superpower to do so. Imperial Spain was a chronic defaulter in the 16th and 17th centuries, and this helped lead to its downfall.
Bitcoins have been in the limelight a lot lately, with their skyrocketing value that made some people wealthy overnight and their link to financial improprieties and criminal schemes. Now a New York regulator is holding hearings that could help Bitcoin soar or sink as a virtual currency.