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    • 10 defining moments of the Sochi Olympics
      It promises to be another memorable occasion — but will it beat Winters Games gone past? The 17-day sporting extravaganza is being dubbed as the most expensive Olympics ever, with the Russians having spent $50 billion on turning the faded Black Sea resort into a rejuvenated host venue. Thousands of athletes from over 80 different […]
    • New Jersey Gov. Chris Christie
      With former Port Authority official David Wildstein’s new claim that  “evidence exists” showing Christie knew about the politically motivated lane closings on the George Washington Bridge back in September, several Jersey State politicians are already floating the dreaded “I” word: impeachment. It wasn’t so long ago that New Jersey Gov. Chris Christie was a
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    • Asia stocks fall after China data October 21, 2014
      Asian stocks fall after data shows China's economy grew 7.3% in the third quarter, its slowest pace in more than five years.
    • China growth slows to five-year low October 21, 2014
      China's economy grows at its slowest pace since the global financial crisis, causing speculation the government may introduce more stimulus measures.
    • Flights axed due to weather warning October 21, 2014
      Heathrow cancels about 10% of flights on Tuesday, as strong winds and rain from the remnants of Hurricane Gonzalo hit the UK.
    • Total boss dies in Moscow air crash October 21, 2014
      Christophe de Margerie, chief executive of French oil company Total since 2007, has died when his plane crashed during take-off in Moscow.
    • Connecting India's offline millions October 20, 2014
      Facebook founder Mark Zuckerberg wants to connect the world to his social network through Internet.org - and he now has India in his sights.
    • AbbVie and Shire terminate merger October 20, 2014
      US firm AbbVie announces it has abandoned its talks with UK drugmaker Shire after a new US rule discouraging mergers that would lower a US firm's tax rate.
    • Apple's iPhone sales boost earnings October 20, 2014
      Apple reports third-quarter earnings of $8.47bn (£5.24bn), beating analysts' expectations, helped by sales of its new iPhone models.
    • Singapore's charity in a mansion October 20, 2014
      Charity in a mansion from Singapore's rare philanthropists
    • Bank to probe system failure October 20, 2014
      The Bank of England has launched an official probe after an automated system that transfers billions of pounds between banks was suspended for much of the day delaying house movers.
    • Mansion tax 'at least £250 a month' October 20, 2014
      Ed Balls says owners of properties worth between £2m and £3m will pay an extra £250 a month in "mansion tax" under a future Labour government - with higher rates for higher value homes.

Archive for the "Business" Category

New Jersey Gov. Chris Christie

With former Port Authority official David Wildstein’s new claim that  “evidence exists” showing Christie knew about the politically motivated lane closings on the George Washington Bridge back in September, several Jersey State politicians are already floating the dreaded “I” word: impeachment. It wasn’t so long ago that New Jersey Gov. Chris Christie was a popular Republican […]

Gulf Oil Leak and Halliburton

Net income increased to $480 million, or 53 cents a share, from $262 million, or 29 cents, a year earlier, Houston-based Halliburton said today The spill, triggered by an April 20 explosion aboard the Deepwater Horizon drilling rig, which Transocean Ltd. leased to London-based BP. Halliburton provided cementing services on the well BP was drilling. […]

Prime Minister Gordon Brown

U.K. Prime Minister Gordon Brown is to strike a decidedly anti-protectionist note in an address to Congress Wednesday, telling lawmakers that the “major challenges we all face are global.” According to excerpts on his speech released by the U.K. government Wednesday morning, Mr. Brown will urge Congress to “seize the moment” to meet the challenges […]

Just breaks yer heart doan it?

His pleadings to me sound like a confession of guilt. Trying to say that if other Senators were looked at they too would be taken from office. I think not. He was playing dirty pool and got busted. that’s all there is to say. He doesn’t know the political game as well as he thought […]

The House has it!

The House on Wednesday evening passed an $819 billion economic stimulus package Wednesday on a party-line vote, despite President Obama’s efforts to achieve bipartisan support for the bill. The final vote was 244 to 188. No Republicans voted for the bill, while just 12 Democrats voted against it. The Senate is likely to take up […]

Foreclosures up by 81% in U.S.

Home is going to have to be where the heart is as there wont be any other place to live. Foreclosures rose 81% in 2008, ensnaring 2.3 million U.S. households during the year, according to RealtyTrac Inc. data released today. Advertisement The Irvine, Calif.-based foreclosure Web site said December filings rose 17% from November and […]

The New Job Market

[youtube]http://www.youtube.com/watch?v=3XGJq8wrw5I[/youtube]

White House adds $6 billion to auto bailout

By Silla Brush The White House upped its commitment to bail out the American auto industry, moving late on Monday to send General Motors Corp. and its financing arm another $6 billion in federal money. The new money brings the total of taxpayer-backed support to the carmakers to $23.4 billion. The latest move comes after […]

Auto Industry Off Of Life Support

Now is Not the Time to Take the Auto Industry Off Of Life Support Eugene Robinson WASHINGTON — Despite the popular myth, lemmings don’t really hurl themselves off a cliff to reduce their numbers. That sort of behavior is seen only among Republicans in the Senate, who gave us a demonstration when they torpedoed legislation […]

Credit card rules to back consumers

Credit card rules to back consumers   WASHINGTON (UPI) — New rules for U.S. credit card companies to be released soon are a step forward for consumers, who have lobbied hard for oversight, industry analysts say. The U.S. Federal Reserve, the Office of Thrift Supervision and the National Credit Union Administration was to announce new […]

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