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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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    • Energy shares lift FTSE 100 December 22, 2014
      The FTSE 100 rises as energy shares are boosted by rising oil prices and comments from the Saudi petroleum minister.
    • Rate riggers face seven years jail December 22, 2014
      Chancellor George Osborne confirms that the rigging of foreign exchange rates and other financial benchmarks will become a criminal offence.
    • Ex-finance boss warns of Russia crisis December 22, 2014
      Russia's former finance minister has warned the country is entering a "full blown economic crisis" and will enter recession next year.
    • Tesco accounts face fresh inquiry December 22, 2014
      The Financial Reporting Council announces an inquiry into Tesco's accounts for 2012, 2013 and 2014 following the £250m mis-statement of its profits.
    • VIDEO: Nicaragua canal faces opposition December 22, 2014
      Nicaragua, the poorest country in mainland South America, announced on Monday it will break ground on a new canal linking the Atlantic and Pacific oceans.
    • Planned airport strike suspended December 22, 2014
      Planned two-day strike by ground handling staff at Heathrow, Gatwick and Manchester airports is suspended after a new pay offer.
    • VIDEO: Airbus to deliver first A350 XWBs December 22, 2014
      Monday marks a big day for Airbus at its main factory headquarters in Toulouse, as Qatar Airways takes the first delivery of the plane makers newest twin-aisle A350 XWB.
    • Sainsbury's suffers website glitch December 22, 2014
      Supermarket chain Sainsbury's has become the latest victim of website difficulties amid the rush for Christmas orders.
    • Asian shares climb in thin trade December 22, 2014
      Asian markets rose on Monday, although trading was thin at the start of a working week shortened by the Christmas break.
    • Warning over Coats pension scheme December 22, 2014
      The Pensions Regulator tells Guinness Peat Group it should pay more money into the pension scheme of the Coats textile company to pay off its deficit.

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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