Category archives for: Featured News

American Airlines withdraws ticket selling from online agent Orbitz

American Airlines

American Airlines is pulling out its flight listings and stop selling tickets in the online travel site Orbitz.com. The airline’s parent firm AMR Corp. won a Chicago court decision that lifted a temporary restraining order which blocked the airline from withdrawing from Orbitz earlier. American Airlines wanted to cut ties with Orbitz since it has […]

No more social security checks via snail mail for U.S. retirees

Social Security

Social security checks will no longer be issued by the government and American retirees should no longer expect them in the mail soon. The Social Security Administration is phasing out paper checks in accordance with a directive from the Treasury Department in a cost-cutting move. The said move would free up some $120 million in […]

U.S. holiday shopping strengthens as Americans regain confidence

U.S. Holiday Shopping

The U.S. holiday shopping season sales may  be stronger than expected as the National Retail Foundation today upgraded its estimate of American consumer spending from 2.3 percent this year to 3.3 percent. Retailers, both online and brick-and-mortar, still expect many American shoppers to flock to stores in the days ahead for last-minute Christmas shopping. They […]

Visual acuity impaired in autistic children, research shows

Autistic Children

Autistic children have poor ability to locate everyday things such as toys in the room or grocery items, compounding their troubles to live functionally, a new study by the University of Bristol revealed on Monday. The research paper will be published in the December 21-25 issue of the “Proceedings of the National Academy of Sciences”. […]

U.S. drinking water contains substance that may cause cancer, report says

U.S. Drinking Water

Drinking water coming out from taps of American homes contain a potentially cancer-causing chemical called hexavalent chromium according to a U.S. environmental group who conducted the study. The study findings were first reported by the Washington Post. The group collected and analyzed drinking water samples from 35 major cities across the country and found that […]

Castro claims reforms to Cuban economy meant to solidify socialism

Cuban Economy

The Cuban economy is set to undergo sweeping changes next year but not towards a capitalist system. Cuban President Raul Castro spoke before the country’s lawmakers on Saturday about the main reason behind the impending economic reform. He said it was meant to solidify the socialist state and make the system “irreversible.” The Cuban economy […]

Mortgage loan modification tactics by homeowners questioned by firms

Mortgage Loan Modification

U.S. mortgage firms wants the mortgage loan modification options of American homeowners restricted. Among these are the owners exercising their right to invalidate home loans on the basis of faulty documents. Consumer advocates say that right must be retained because it aims to protect against unfair lending practices by some firms. The so-called right of […]

Amazon Kindle defective covers can be refunded, company says

Amazon Kindle

Amazon Inc. has decided it would refund buyers of defective Amazon Kindle covers after receiving many complaints that the cover prevents the e-reader to function properly. Most of the complaints were in an online forum about a cover selling for $34.99 which comes in seven colors. It fits the Wi-Fi version of the Amazon Kindle […]

Mortgage modification lawsuits filed by state attorney generals against Bank of America

Mortgage Modification

The state attorney generals of Nevada and Arizona have filed lawsuits against Bank of America regarding mortgage modification practices. The suits allege that Bank of America went ahead with foreclosures despite the fact that homeowners’ requests for mortgage modifications were still pending. Arizona attorney general Terry Goddard said in a statement that what Bank of […]

U.S. economy to expand 3.5 percent next year, Greenspan predicts

U.S. Economy

Former U.S. Federal Reserve Chairman Alan Greenspan says that the U.S. economy would continue its rebound and register a 3-3.5 percent growth next year. “The U.S. economy unquestionably has some momentum,” Greenspan told Bloomberg yesterday. “The fourth quarter looks good. The growth rate could be 3.5 percent or more” for the last quarter of 2010. […]

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