The typewriter business that led the way in innovation

Many of the principles embraced by today's innovative startups were put into practice by Olivetti, an Italian company founded in the early 20th century, writes Annalisa Merelli. The company, originally known for its typewriters, plowed its profits back into product development and design and eventually produced mechanical calculators and an early personal computer. The company is now part of Telecom Italia Group.

Neb. program teaches students to make healthy food choices

Nutrition and physical activities are included in a summer-school program, part of a partnership between a Nebraska school district and the county extension. Students learn how to make healthy meal choices and identify whole grains and sugar in the labels of packaged foods and drinks.

Mortgage rates dip below 4%

Mortgage rates fell this week as global economic news pushed bond yields lower. The 30-year fixed-rate average dropped to 3.98% -- the first time it dipped below 4% in eight weeks, according to Freddie Mac.

Groupon to Go will offer nationwide food delivery

Groupon is launching its Groupon to Go food delivery and takeout service in Chicago, with plans to expand to metro regions across the country, including Boston and Austin, Texas, this fall. Groupon purports to save customers up to 10% on every order, keeping the new service in line with the brand's image as a deal-finder.

HHS launches initiative to prevent prescription drug abuse
The Hill

HHS Secretary Sylvia Mathews Burwell has sought input from governors around the U.S. to craft a $100 million strategy for addressing and preventing prescription painkiller abuse. The initiative includes funding for drugs to treat overdose and addiction, and waivers for states to try innovative treatment approaches.

Facebook builds its first Web drone

Facebook's solar-powered Web-beaming drone, which has the wingspan of a Boeing 737 but weighs less than a Toyota Prius, is ready to take to the skies for testing. Test flights are a key step toward bringing drone-based Web access to the 10% of the world's population living in remote areas. "This will be an effort that we will invest in for many years to come," Facebook's Jay Parikh says.

Report: Almost all fashion, beauty brands use Instagram
Luxury Daily

Nearly all fashion and beauty brands are taking advantage of marketing on Instagram, with 98% of fashion brands and 95% of beauty brands using the photo-sharing site, according to a report from L2. It also found that fashion brands have increased followers by 27%, and beauty brands have seen a 30% increase. The growth is due in part to Instagram's improvements to its sponsored ads that include capabilities for direct sales and sign-ups, according to Eleanor Powers, L2's insight director.

Report: Hiring policies hurting FBI cyber-recruitment efforts

The FBI is authorized to bolster its cybersecurity workforce, but it is struggling to fill positions thanks in part to austere eligibility requirements and the challenge of competing with the private sector on salary. An Inspector General report found that human resources officials blame stringent criteria regarding past drug use for narrowing down the prospective hiring base. In the report, those officials also say that private-industry opportunities keep new hires from sticking around for the long term.

Coretherapix purchased by TiGenix

Coretherapix, a cell therapy developer, was acquired by TiGenix in a deal worth up to $318.5 million, TiGenix announced. The deal boosts TiGenix's cardiology pipeline, giving it access to Coretherapix's allogeneic cardiac stem cell product, AlloCSC-01, which is in a midstage trial as a treatment for heart attack and in preclinical development for the treatment of chronic ventricular tachycardia.

IDC: Tablet sales, iPad's market share continue to slip
Network World

Global tablet shipments fell by 3.3 million units in the second quarter compared with the same quarter a year ago, research firm IDC has found. Apple recently reported an 18% drop in iPad sales, and its market share declined by roughly 3 percentage points to 24.5%, IDC reports.

Digital technology changes surveying
Daily Commercial News

The introduction of smaller digital equipment and the convergence of several modes of data capture -- laser scanning, satellite receivers, Inertial Measurement Unit and distance measuring instruments (DMIs) -- are combining to change surveying, allowing more data to be captured quickly. "What has really changed is that now we have the ability to capture data and then go back to work on it in an environment which is more comfortable," said Stuart Wood, vice president of Leica Geosystems' geospatial division.

IHS: Crude exports would lower gasoline prices

Lifting the ban on U.S. crude oil exports would lead to an average 8-cents-per-gallon drop in domestic gasoline prices through a surge in crude output, according to an IHS study. The study reaffirms that concern about a potential price hike at the pump as an effect of crude exports "is unfounded," said Kurt Barrow, vice president of oil markets and downstream for IHS.

Contest recognizes best airport bathrooms

Interested in which airports have the most stunning bathrooms? Cintas' Best Restroom contest in the U.S. and Canada picks a winner every year; in 2014, the Vancouver airport was among the finalists. Meanwhile, some airport bathrooms offer intriguing views, like Singapore's Changi Airport's urinals that overlook a runway and the large fish tank in a men's room at Thailand’s Samui Airport.

Airfares expected to reach 4-year low in Aug.

According to a forecast by Fortune magazine, average airfare is expected to drop to $245 for a domestic round-trip ticket in August. That's 5% lower than last year, and the lowest average fare in four years. Analysts say low fuel costs and weaker demand will drive prices down.