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Scientists make better sonar by copying from bats

A new sonar system is inspired by one of mother nature's masters: the bat. It is another example of the growing influence of biomimetics.
Source: CNBC.com | By: Robert Ferris
UPDATE 2-Brazil to reveal hefty spending freeze to regain credibility

RIO DE JANEIRO, May 22- Brazil will unveil a spending freeze of 70 billion reais on Friday, a government official told Reuters, limiting outlays to convince investors that President Dilma Rousseff is committed to saving the nation's investment-grade rating. Still, most analysts believe it won't be enough to meet Brazil's fiscal surplus goal of 1.2 percent of...
Source: Reuters | By: Alonso Soto
Father of Santa Barbara shooting victim wants gun reforms

LOS ANGELES- Richard Martinez thinks of his son every day, and with those thoughts come the constant reminder of a young life cut tragically short by another man with a gun. Martinez had just gotten off the phone with his son, Christopher Michaels-Martinez, on the night of May 23, 2014, when the sophomore English major at the University of California, Santa Barbara,...
Source: The Associated Press | By: By JOHN ROGERS, Associated Press
Yellen: Raise rates in 2015 if econ improves

Fed Chair Janet Yellen predicted moderate growth this year and beyond, explaining that economic headwinds are waning.
Source: CNBC.com | By: Everett Rosenfeld
Dollar regains footing, rises after CPI data

The U.S. dollar turned higher on Friday, spurred off its early losses by a U.S. inflation report uptick.
Source: Reuters
Top 5 stocks of the week and how to trade them

CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue.
Source: CNBC.com | By: Giovanny Moreano
Hiring young data pros? Here's what they want

Entry-level data scientists often prefer start-ups and small firms, where they believe they'll get to tackle tough problems.
Source: CNBC.com | By: Tom DiChristopher
UPDATE 1-MasterCard, Target data breach settlement falls apart

May 22- A proposed $19 million settlement between MasterCard Inc and Target Corp over the retailer's 2013 data breach fell through after not enough banks accepted the deal, the credit card company said on Thursday. The lead lawyers for the banks had argued that the settlement with MasterCard, which was not a party to the lawsuit, was an attempt to undercut their...
Source: Reuters | By: Joseph Ax
Hedge fund Barington wins fight for 2 Eastern Co board seats

BOSTON, May 22- Barington Capital Group won its proxy contest by scoring two board seats at Eastern Co this week as shareholders widely backed the activist hedge fund's call to add new blood at the industrial hardware maker. Shareholders elected Barington Chief Executive Officer James Mitarotonda and Michael McManus, CEO of medical device manufacturer...
Source: Reuters | By: Svea Herbst-Bayliss
S&P, Nasdaq try for gains as stocks pare losses; Yellen speech in focus

U.S. stocks traded mixed on Friday as investors digested a strong core inflation figure and Fed Chair Janet Yellen's afternoon speech.
Source: CNBC.com | By: Evelyn Cheng