BUSINESS

"Vibram USA," makers of the "FiveFingers" runnings shoes settled a class action lawsuit over claims that the company made false advertisement about the shoe's health benefits. American customers who purchased the FiveFingers pairs are entitled a refund of up to $94 per piece.

Local shares have kicked off the week on a negative footing ahead of the release of tomorrow night's much anticipated Federal Budget. The All Ordinaries Index (XAO) is down 0.4 per cent despite another record close for U.S. sharemarkets on Friday.

Apple Inc. iPhone 6 is reportedly coming in August with 80 million units expected for shipments

Asia is about to see the 'new normal' from the region's superpower over the coming years as Chinese President Xi Jinping publicly stated the nation will have to adapt to the slower pace of growth on the weekend.

In US economic data, wholesale sales rose by 1.1% in March with inventories up 1.4%. Economists had tipped a 0.5% lift in sales and 0.8% rise in inventories.

Dr Carol Black, a British doctor visiting Australia, introduced to the country the concept of the fit note as an alternative to the sick note which employees who are not feeling well use to rest from work and go home.

Apple is the only company that has not entered the megapixel war when it comes to smartphone cameras.

Google has come up with a new idea that is supposed to make Web browsing much safer via Google Chrome.

The Australian Competition and Consumer Commission (ACCC) issued product recalls on children’s clothes affected by carcinogen

Despite a 0.75 per cent slump this morning, the Australian sharemarket managed to steadily improve to only finish 0.25 per cent weaker by the close of trade. ANZ Banking Group (ANZ) was the biggest loser as the major bank traded ex-dividend. Its 3.2 per cent slump wiped out 10pts from the All Ordinaries Index. The other majors managed to improve modestly.

24/7 Wall Street names Best Selling Products of All-time

Who would have thought that after all these years of McDonald's existence worldwide, there are still American adults who have not tasted their yummy selections?

Canaccord Genuity analyst T. Michael Walkley upped his price target of Apple Inc stock attributed to iPhone 5s sales

Not only will climate change affect the temperaments of weather patterns, it elevates sea levels and hampers crop production, the rising levels of carbon dioxide are also bound to affect the nutritional value and content of basic foods.

Federal Communications Commission has received massive opposition from over 100 leading Internet companies over the proposed net neutrality plan, which is aimed at regulating the online providers' management of Web traffic.

Here is a list of five challenging Android Apps compiled by Droid-Life that are extremely addictive and guarantees fun. Oodles of gaming apps got released in the past couple of months and mobile gaming on Android has never been better. The list consists of free as well as premium apps that are sure to take your gaming interest to a whole new level.

Yesterday's improvements are being eaten away, with the All Ordinaries Index (XAO) slipping by 0.3 per cent at lunch. Local shares are now falling for the second time this week as investors shrug off last night's gains in the U.S.

Hollywood stars such as Kim Kardashian, Angelina Jolie and more have joined in the #BringBackOurGirls campaign rally against the government of Nigeria and its president Goodluck Jonathan.

The Adobe Flash Player is the standard for rich, outstanding and high-impact web content. Graphics and animations are deployed immediately across all browsers and platforms that ensure rich virtual experience. For high quality video streaming, Adobe's Flash Player versions are the golden standard.

Janet Yellen was again testifying to an economic committee overnight - this time in the Senate. However, unlike yesterday's Congress facing testimony, last night's meeting was a complete regurgitation, meaning the kick the US markets saw from the 'high degree of monetary accommodation remaining warranted' statement was already factored in and left markets flat and unresponsive.

In US economic data, jobless claims fell by a larger than expected 26,000 to a seasonally adjusted 319,000 last week.

Queensland approved on Thursday the $16-billion Carmichael Coal Mine and Rail project, the largest coal mine in Australia and possibly in the world. By using open-cut and underground coal mining, Carmichael is expected to produce 60 million tonnes of thermal coal yearly for export.

The ASX 200 ended comfortably higher on Thursday although in broad terms it remained in the holding pattern that has been occupied in recent weeks. More so than recent years, the looming Federal budget hangs above the market as a hurdle. The bottom line will be to assess the extent to which spending is cut and the degree to which households will be impacted by the curtailing of payments. Most controversial of all is the possibility of a deficit levy.

Apple Inc. has reigned supreme in the recent study on tablet satisfaction by research firm J.D. Power.

Analyst Brian White of Cantor Fitzgerald and Hedge Fund Manager David Einhorn of Greenlight Capital Inc. are both bullish on Apple Stock

Yingluck Shinawatra is no longer Thailand's Prime Minister after a court found her guilty of abusing power that led to a prolonged political crisis that has spurred a number of violent protests.

The radiation from the crippled Fukushima nuclear power plant that has erupted into the atmosphere and fell into the ocean waters will not trigger any increase in cancer or health problems, a report released by the UN Scientific Committee on the Effects of Atomic Radiation said. What will definitely most kill the people are their overreactions and stress over possible radiation afflictions.

The Australian sharemarket is partly making up for yesterday's slump, driven by a strong lead from Wall Street overnight. The All Ordinaries Index (XAO) is up 0.6 per cent at lunch.

Canada has opened its first ever cannabis marijuana vending machine in Vancouver.