President Barack Obama has issued an executive order freezing all assets of the Iranian government and financial institutions being held in the U.S. Article © AHN – All Rights Reserved View full post on Economy, Business And Finance Stories

U.S. stocks cheered strong retail sales over the Thanksgiving weekend and on Cyber Monday with a strong rally. Article © AHN – All Rights Reserved View full post on Economy, Business And Finance Stories

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 [...]

A crucial pact between the Bangladesh government and U.S. energy giant ConocoPhillips for deep sea gas exploration has sparked a dispute in the country as activists and allies announced a strike to protest the deal. Article © AHN – All Rights Reserved View full post on Economy, Business And Finance Stories

Vittorio Hernandez – AHN News Savoonga, AK, United States (AHN) – Royal Dutch Shell will seek the approval this week of the U.S. government to drill 10 exploratory welsl under the Arctic waters of Alaska. Shell is pushing for deep-water drilling in Alaska despite the environmental issues raised by the British Petroleum oil spill in [...]

Vittorio Hernandez – AHN News New York, NY, United States (AHN) – The U.S. National Transportation Safety Board will start an investigation of the country’s discount tour bus industry folliowing the deadly New York crash last month, Sen. Charles Schumer and Rep. Nydia Velazquez announced Sunday. The March 12 accident, which took the lives of [...]

The Media Line Staff Jerusalem, Israel David Rosenberg – It’s the Israeli driver versus the global economy and his government – and the guy behind the wheel is losing. Motorists pulling into their local filling stations Tuesday morning were greeted with a pump price of 7.26 shekels a liter for the benchmark 95 octane fuel [...]

What makes Mexican auto insurance so different from American auto insurance? The main difference is in Mexico, car insurance is not compulsory. Mexican law presumes that anyone driving a car has the financial means to cover any damages that may happen during an accident while driving in Mexico. Unless you are ready to provide an [...]

Annually, travelers pack up their cars and drive to Mexico to enjoy the beaches of Puerto Penasco, Baja Mexico, and other favored destinations. High on the check list of issues folk need to address when driving across the border is Mexican car insurance. It’s an vital but often forgotten side of the Mexico experience. With [...]

Vittorio Hernandez – AHN News Detroit, MI, United States (AHN) – The U.S. Department of Transportation imposed a $32.4 million fine on Toyota Tuesday over the car manufacturer’s failure to swiftly recall defective cars. The car maker eventually recalled 5 million vehicles with faulty accelerator pedals and steering relay rods. The department charged that for [...]