Exclusive: Guggenheim reorganizes, phases out Rydex ETF

NEW YORK (Reuters) – Guggenheim Partners LLC is merging 11 asset management businesses into a new $119 billion firm as part of a rebranding effort to attract financial advisers and institutional clients.

Greece default fears continue to lurk

Greek finance officials held another conference call Tuesday with the nation’s bailout providers in an attempt to secure urgently needed funding.

Perry accuses Obama of "dangerous" Mideast policy

NEW YORK (Reuters) – Rick Perry accused President Barack Obama on Tuesday of not standing behind Israel as the Texas governor sought to draw Jewish voter support in his bid to win the 2012 Republican U.S. presidential nomination.

Head of Arab broadcaster Al Jazeera resigns

DUBAI (Reuters) – The head of Arab TV channel Al Jazeera said on Tuesday he was leaving the network, but gave no reason for his departure at a time when the station’s coverage has played an important role in unprecedented protest movements rocking the Arab world.

Bell & Ross Releases WWI Edition


Bell & Ross, not content to rest on their aviation laurels, has released the WWI-92 edition, a watch based on a World War I era pocket watch. The watch is strikingly simple – just a black face with silvered hands and case – and the 97 version has a reserve de marche and all models feature welded lugs, a wonderful detail that hearkens back to the days when wristwatches were actually pocket watches with bars soldered onto them so they could be worn on the wrist.

If you want to go totally retro you can check out the PW1, a handsome B&R pocket watch that takes design cues from the WWI-92. Both watches are probably wildly expensive but man if I’m not hungry like a wolf for them.

Product Page [Warning: Scratchy, tinny WWI-era radio noises]

Dan Solin: What U.S. Open Tennis Can Teach You About Investing

Experts in many fields have no better predictive powers than you do. This is particularly true about investing.

Read more: U.S. Open, Personal Finance Advice, Investing, US Open, Personal Finance Tips, Wealth Management, Personal Finance, Investing Tips, Business News

Afghan peace negotiator is killed

Former Afghan President Burhanuddin Rabbani, who was leading efforts to strike a deal with the Taliban, has been killed in a bomb attack at his home in Kabul.

Video: Padzilla Case Turns Your iPad Into An iCoffeeTable


There were quite a few thoughts running through my head when I purchased an iPad, but I can honestly say that “I wish I had an iPad as big as a coffee table” wasn’t one of them. Now, after having seen Crunchy Logistics’s Padzilla case, I can safely say it’s all I’m thinking about right now.

Crunchy Logistics seems to have a thing for creating absurdly big touchscreens, a great example of which is the conference table-sized display they showed off last month. The Padzilla is their newest product, and it allows users to interact with their iPhones and iPads on a completely ridiculous scale.

To call it a case is a bit of a stretch: you’re not putting the Padzilla on your iOS device so much as you’re mounting your iOS device inside the Padzilla. The name is pretty apt, for sure: the Padzillas are custom made, and assuming you’ve got the green for it, they come in sizes as large as 150″ diagonal. To give you an idea of scale, the model demoed in the video below comes in at a slightly more reasonable 70″ diagonal.

The Padzilla is a purely plug-and-play solution to boot; the iDevices don’t need to be jailbroken, but anything older than the iPhone 3GS isn’t supported. If playing Angry Birds and its ilk get old, feel free to connect your choice of game consoles or computers into the display too.

While I’m sure the Padzilla has some practical uses (they’d give your local news station a bit of pizazz, for one), the wow factor alone is enough to make it tempting. Better start saving your pennies though, because CrunchyLogistics CEO Neil Dufva says that buying a 70″ rolling display like the one in the video would cost roughly between $30-40,000 (iPad included). If that seems a bit steep, don’t worry: Neil says CrunchyLogistics is open to renting these things out to interested parties.