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Clock ticking for Egypt’s finances

admin — Tue, 21 Feb 2012 11:33:06 +0000

Egyptian unrest is not its only problem as time runs out on financial issues.

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Obama orders freeze of Iranian government, bank assets in U.S.

admin — Tue, 07 Feb 2012 11:36:48 +0000

President Barack Obama has issued an executive order freezing all assets of the Iranian government and financial institutions being held in the U.S.

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‘Underworld Awakening’ sees light at top of weekend box office

admin — Tue, 24 Jan 2012 11:33:46 +0000

“Underworld Awakening” came out on top of the weekend box office with $25.4 million. Its 2009 predecessor “Underworld: Rise of the Lycans,” started with $20.8 million, and did not feature Beckinsale.

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Warner Bros. extends DVD rental delay

admin — Tue, 10 Jan 2012 11:31:40 +0000

Warner Bros. will extend the time customers will have to wait to watch movies on DVDs from services such as Netflix to 56 days.

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Japan liberalizes ban on arms export

admin — Tue, 27 Dec 2011 11:52:25 +0000

In an attempt to reduce spending on national defense and strengthen domestic arms industry, Japan on Tuesday eased self-imposed arms exports ban.

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Two major publishers announce bad news for newspaper industry

admin — Tue, 13 Dec 2011 11:50:28 +0000

It’s beginning to be a tough week for newspapers, with one major publication announcing a round of lay-offs, while another publisher announces bankruptcy.

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Monday’s stocks miss earlier highs, but up sharply into closing bell

admin — Tue, 29 Nov 2011 11:38:58 +0000

U.S. stocks cheered strong retail sales over the Thanksgiving weekend and on Cyber Monday with a strong rally.

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Starbucks drops undisclosed $1.50 charge for coffee beans

admin — Tue, 15 Nov 2011 11:43:55 +0000

Starbucks has stopped charging $1.50 for orders of coffee beans less than a pound in stores in the United States.

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U.S. Supreme Court upholds no limit on patient lawsuits against medical device makers

admin — Tue, 01 Nov 2011 11:41:38 +0000

The court rejected an appeal by Stryker Corporation against a lawsuit foiled by Illinois resident Margaret Bausch who got a replacement hip six days after the Food and Drugs Administration (FDA) issued a warning about problems at Stryker’s manufacturing plant.

In seeking to dismiss Bausch’s lawsuit, Stryker cited a 2008 Supreme Court ruling that patients cannot file state-law product liability suits over products that went through FDA review.

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Iron ore prices could slide to $140 per tonne

admin — Tue, 18 Oct 2011 11:36:59 +0000

Prices of iron ore, the main ingredient for making steel, could slide to as low as $140 per tonne in the coming months. In September, spot iron ore prices grew above $181 per tonne, but on Monday fell deeply to $157.25.

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