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Tech lift to productivity overlooked? The Fed doesn't think so

SAN FRANCISCO, Aug 4- Steve Gutmann used to have a basement that he never used. His Honda Civic sat idle in front of his Portland, Ore. house. Now strangers use Getaround.com to book Gutmann's $6- an-hour car for errands and travelers stay in his newly refurbished basement apartment, listed at $115 a night on AirBnb.
Source: Reuters | By: Ann Saphir
INSIGHT-Apple, BMW in courtship with an eye on car collaboration

FRANKFURT/ SAN FRANCISCO, July 31- BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars. Apple Chief Executive Tim Cook went to BMW's headquarters last year and senior Apple executives toured the carmaker's...
Source: Reuters | By: Edward Taylor and Julia Love
Scientist: Oil slick likely from natural seafloor seepage

LOS ANGELES- Beaches along the Santa Barbara County coast remained open to swimmers, surfers and sunbathers Friday as the Coast Guard worked to determine whether an oil slick that materialized just offshore this week was simply the result of natural ocean-floor seepage. That's the conclusion Jordan Clark, professor of earth science and environmental...
Source: The Associated Press | By: By CHRISTOPHER WEBER, Associated Press
Where Facebook sees the future

Facebook reported a doubling in research and development spending from a year ago, as the company invests in drones, artificial intelligence and virtual reality.
Source: CNBC.com | By: Julia Boorstin
Facebook ready to test giant drone for Internet service

MENLO PARK, Calif.- Facebook says it will begin test flights later this year for a solar-powered drone with a wingspan as big as a Boeing 737, in the next stage of its campaign to deliver Internet connectivity to remote parts of the world. Though Facebook is better known for online software that lets people share news with friends, watch viral videos- and view...
Source: The Associated Press | By: By BRANDON BAILEY, AP Technology Writer
Q2 GDP up 2.3%, weekly jobless claims at 267,000  

CNBC's Rick Santelli breaks down the latest numbers on unemployment and GDP. And CNBC's Steve Liesman adds perspective.
Source: CNBC.com
Scientist: Oil slick likely from natural seafloor seepage

LOS ANGELES- Coast Guard officials say it will likely be a couple more days before they can definitively say what caused a miles-long oil slick to materialize off the Santa Barbara County coast this week, but an expert said Thursday it was more than likely the result of ocean-floor seepage. The oil is floating in the Santa Barbara Channel above the Coal Oil Point...
Source: The Associated Press
An oil slick down  

CNBC's Jackie DeAngelis reports oil prices settled higher after a bullish inventory report.
Source: CNBC.com
Russians used Twitter to hack US computers: Report

Russian-backed hackers have devised a way to hack US computers using Twitter and photo data, according to a new report.
Source: Reuters
2 houses from 'Breaking Bad' for sale in Albuquerque

ALBUQUERQUE, N.M.- Two houses featured on the hit AMC-TV series "Breaking Bad" are up for sale in Albuquerque. Susan C. Feil and Alicia Feil Peterson of Coldwell Banker Legacy list another house that appeared in the series finale in Albuquerque's North Valley for $2.65 million. "Breaking Bad" follows former high school teacher Walter White as he manufactures meth...
Source: The Associated Press | By: By RUSSELL CONTRERAS, Associated Press