No Pizzaz

No life this afternoon ... no energy.   Both bulls and bears failed to show up.Thankfully we have premarket Monday when certainly something will awaken the spirits to cause a +0.6% opening.  Otherwise back to the dark side on any movement below S&P 1070.  Yawn.

S. Africa's Transnet secures $400 Mln loan from AfDB

The African Development Bank (AfDB) has approved a senior loan of up to $400 million (over R3 billion) to South Africa?s logistics and transport parastatal Transnet on Friday.

U.S. stock indices finish narrowly mixed in choppy trading

U.S. stock indices finished mixed, but above intra-day lows, in choppy trading, ahead of the start of G20 meeting this weekend.

Kagan hearings begin Monday

Confirmation hearings begin Monday for Elena Kagan, President Obama?s nominee for the U.S. Supreme Court. The former dean of the Harvard Law School is expected to have a relatively easy time in securing the Senate?s approval to take the high court seat being vacated by retiring Justice John Paul Stevens.

Hulu subscription service coming to PlayStation Network, says report

By Tim Conneally, BetanewsWhile it is no secret that Sony will launch PlayStation Plus next Tuesday --a for-pay tier for the formerly 100% free PlayStation Network online service-- a Bloomerg report yesterday revealed a heretofore unknown partnership between Sony and Hulu may result in a new Hulu vi.

The Intel you may have never known: consumer solid state drives

By Ed Oswald, BetanewsIntel has announced a partnership with Best Buy to bring its line of solid state drives (SSDs) to the consumer market. The drives will be sold at retail in about 800 stores as well as online.Two drives will be initially available for brick and mortar customers -- a 40GB model w.

Africa's potential can no longer be ignored: study

Africa's strong growth will continue at a rapid pace and investors and business can not afford to ignore the continent's potential which goes far beyond commodities, according to a McKinsey Global Institute study.

A Chip Takes Its First Breath

Researchers from Harvard University created a microchip that mimics the human lung.

Is it time to buy downtrodden AOL shares?

AOL Inc CEO Tim Armstrong wants to remake the 25-year-old company into an online media juggernaut by focusing on content creation and advertising revenue, shedding non-core assets.

Recession, bear markets hit the rich, too

Turns out the rich may not be so different from you and me: They, too, are falling behind on their mortgages.

Exemode Unveils World's Smallest Camera

Japanese camera maker Exemode, announced a keychain-type digital camera that could take retro-style pictures and movies in four different color modes.

Kellogg recalls 28 million cereal boxes over odour, taste concerns

The world's No.1 breakfast cereal maker Kellogg Co. announced, Friday, a voluntary recall of specific breakfast cereal packs, numbering about 28 million boxes, on concerns that they are unfit for human consumption.