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AP - THE PROMISE: Using wireless power transmission, one day people might be able to recharge their laptops or cell phones or other gadgets without plugging them into an electrical socket. The technology makes use of some basic physics, as electric coils that resonate at the same frequency can transmit energy to each other at a distance.
Reuters - New York should ditch a $2 billion plan for a statewide wireless network for emergency workers unless a Tyco Electronics Ltd unit can fix the already-delayed system's problems, State Comptroller Thomas DiNapoli said on Thursday.
Reuters - Intuit Inc , maker of TurboTax tax preparation software, reported on Thursday that it had a wider loss in its seasonally weak fourth quarter, which ended July 31.

In this Jan. 28, 2007 file photo, Oracle CEO Larry Ellison watches the Stanford and UCLA basketball game in Stanford, Calif. Oracle Corp. founder Larry Ellison, long a fixture on the annual lists of the world's richest people, has quickly ensconced himself atop The Associated Press' rankings of the best-paid CEOs. Ellison's latest pay package, valued at $84.6 million, is the highest disclosed so far this year among more than 400 major U.S. companies analyzed by the AP. (AP Photo/Paul Sakuma, file)AP - Oracle Corp. founder Larry Ellison, a longtime fixture on the list of the world's richest people, is now ensconced atop The Associated Press' rankings of the top-paid chief executives in the United States.


Investor's Business Daily - Investors hammered Salesforce.com on Thursday, bidding shares down 18% in the wake of a cautious third-quarter outlook, slower growth in billings and the expected earnings hit from its newest acquisition.