Gavin Andresen is chief scientist at the Bitcoin Foundation. I first talked with him about Bitcoin, the virtual currency, back in 2011. I checked back in with him this week, because so much has been going on with Bitcoin lately.
The new head of the Federal Communications Commission proposes allowing airline passengers to make phone calls during flights. Here, a passenger looks at her cellphone before a flight last month.
Credit Matt Slocum / AP
The Federal Communications Commission is proposing a change to allow travelers to make phone calls as they fly on jetliners in the U.S. The agency's new chairman, Tom Wheeler, calls the current ban on the use of cellphones during flights "outdated and restrictive."
Here's a statement from Wheeler that was released Thursday:
For the first time in its history, the Dow Jones industrial average closed above 16,000 points Thursday. The index of 30 stocks touched the mark earlier this week, when a trader was photographed at the New York Stock Exchange.
Credit Andrew Burton / Getty Images
The Dow Jones industrial average tacked on 109 points Thursday for a gain of less than 1 percent. But the small rise brought a big milestone, as the industrial index closed above 16,000 for the first time in its history. The index had touched the mark earlier this week but fell short by the day's end.
Today, the Dow closed at 16,009.99.
The historic moment for the benchmark index that tracks 30 leading U.S. companies came on a day that began with positive economic news.
Janet Yellen during her confirmation hearing earlier this month. She's expected to win Senate approval to take over as head of the Federal Reserve.
Credit Brendan Smialowski / AFP/Getty Images
By a 14-8 vote that saw three Republicans join 11 Democrats in saying "aye," the Senate Banking Committee on Thursday morning approved the nomination of Janet Yellen to be the next head of the Federal Reserve.
Originally published on Thu November 21, 2013 4:04 pm
A Leopard 2 A6 tank is in operation during the German army exercise in Bergen, Germany, on Oct. 2. Germany said it would sell 270 of the tanks to Saudi Arabia last year. According to official figures, the Saudis were the top buyers of arms from Germany.
Credit Peter Steffen / DPA /LANDOV
Saudi Arabia has emerged as the biggest foreign customer for German arms, buying nearly a quarter of Germany's total weapons sales.
It's part of an emerging pattern of weapons purchases by Saudi Arabia and its neighbor, the United Arab Emirates.
This is the first in a three-part report on Philadelphia schools in crisis.
Sharron Snyder and Othella Stanback, both seniors at Philadelphia's Benjamin Franklin High, will be the first in their families to graduate from high school. This, their final year, was supposed to be memorable. Instead, these teenagers say they feel cheated.
"We're fed up with the budget cuts and everything. Like, this year, my school is like really overcrowded. We don't even have lockers because it's, like, too many students," Sharron says.
The company owns seven daily newspapers including the Chicago Tribune and the Los Angeles Times. The company says the cuts will mostly affect the publishing side of the business — not editorial staff. The company says it's part of an ongoing effort to consolidate its business.
Fort Dodge, Iowa, is not exactly what you'd think of as a hotbed of health care innovation. But the small town in the western part of the state is part of a Medicare pilot project that economists say could be a pathway to the holy grail of health care: providing better care at a lower cost.
President Obama met with state insurance commissioners to discuss changes to the implementation of the Affordable Care Act. Some commissioners are in a difficult spot because their states passed laws that prohibit policies that don't comply with the law. Now, the president says companies can keep offering non-compliant policies for another year if they want to.