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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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    • Ebola can 'ruin W Africa economies' September 17, 2014
      The Ebola outbreak could have a catastrophic economic impact on three West African countries, the World Bank says.
    • VIDEO: The 'what currency?' issue explained September 17, 2014
      The BBC's economics editor Robert Peston discusses what currency Scotland would use - should it vote "Yes" for independence.
    • eBay attack puts its buyers at risk September 17, 2014
      A sophisticated attack on eBay compromises at least two listings so that users who click on them are redirected to a fake page that attempts to steal their credentials.
    • Eurozone inflation revised to 0.4% September 17, 2014
      The eurozone inflation rate held steady at 0.4% in August, slightly higher than the original estimate of 0.3%, revised Eurostat figures show.
    • Sony predicts increased losses September 17, 2014
      Japanese consumer electronics giant Sony says its annual loss may be more than four times bigger than initially forecast, due to its struggling mobile business.
    • VIDEO: Winds of change for north-east England? September 17, 2014
      Questions are being raised about the likely impact of the Scottish referendum result on businesses in north-east England, whatever the outcome. Newsnight's Duncan Weldon reports.
    • US consumer prices fall in August September 17, 2014
      US consumer prices fell in August for the first time since April 2013, Labor Department figures show.
    • Dixons to save 800 Phones 4U jobs September 17, 2014
      Dixons Carphone is set to save 800 Phones 4U jobs, while mobile phone network operators Vodafone and EE are in discussions to buy parts of the stricken retailer.
    • UK jobless rate falls to 2008 low September 17, 2014
      The UK rate fell to 6.2% in the three months to the end of July, while the number claiming Jobseeker's Allowance has dipped below one million.
    • London Market Report September 17, 2014
      The FTSE 100 rises in early trade, but shares in Smiths Group fall more than 5% after the engineering group reports a fall in profits.

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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