
A measure that will exert more pressure on China to increase the yuan’s value will be voted upon by the House next week after it was endorsed by the House Ways and Means Committee, as both parties expressed disappointment over the Chinese currency’s slow appreciation. “We cannot wait any longer to level the playing field […]
Sunday September 26 2010, 9:39 AM EDT | Posted in
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Celebrity and Hollywood actress Lindsay Lohan was ordered by a judge to go back behind bars after Lohan failed a recent drug test that violated the terms of her probation. Beverly Hills Superior Court Judge Elden Fox denied bail for Lohan after she failed a mandatory cocaine test. The 24-year old appeared stunned as she […]
Saturday September 25 2010, 9:43 AM EDT | Posted in
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A small number of mobile consumers prefer to shop using their mobile gadgets than using other ways, according to a new study by Millennial Media and comScore. The research found that of the 8 percent of mobile subscribers who are also shopping with their devices, 27 percent said they had bought or looked at retail […]
Friday September 24 2010, 7:30 AM EDT | Posted in
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Freddie Mac reported in its weekly survey that fixed-rate mortgages did not change in the latest week, as they have yet to signal September’s sell-off in US treasuries. Mortgage rates have been in a prolonged decline for months and have hit record-lows, as yields on treasuries dropped amid the poor prospects of the economy. However, […]
Friday September 24 2010, 7:24 AM EDT | Posted in
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A travel executive association announced that they have gained more support for a requirement by regulatory agencies for airlines to show extra fees on their websites and in reservation systems. The trio of groups, the American Society of Travel Agents, Business Travel Coalition, and the Consumer Travel Alliance submitted a petition with 50,000 signatures on […]
Friday September 24 2010, 7:20 AM EDT | Posted in
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Abbott Laboratories said on Wednesday that they are recalling about 5 million cans and plastic containers of Similac-brand infant formula because of a possible beetle contamination. “Abbott is recalling these products following an internal quality review, which detected the remote possibility of the presence of a small common beetle in the product in one production […]
Thursday September 23 2010, 8:59 AM EDT | Posted in
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Microsoft co-founder and chairman Bill Gates, 54, topped the annual list of Forbes magazine’s 400 wealthiest Americans, with assets of approximately $54 billion. Investor Warren Buffett, 80, CEO of Berkshire Hathaway Inc., placed second in the rankings with $45 billion in assets. The two billionaires occupied the same positions on last year’s list. Wealth increased […]
Thursday September 23 2010, 8:47 AM EDT | Posted in
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The U.S. dollar dropped markedly against the yen and euro on Tuesday following the announcement by the Federal Reserve that it is preparing to further stimulate the fragile economy, increasing concerns that more dollars may be printed to help that action. A six-week high was hit by the euro against the greenback and the euro […]
Wednesday September 22 2010, 8:19 AM EDT | Posted in
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A new study published in the journal Neurology reveals that aspirin which is administered intravenously is a safe and effective treatment to alleviate severe headaches and migraines of hospitalized patients. “Intravenous aspirin is not readily available in the United States, and only on a ‘named patient’ basis in the United Kingdom,” said Dr. Peter J. […]
Wednesday September 22 2010, 8:15 AM EDT | Posted in
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Denver Broncos wide receiver Kenny McKinley was found dead in his Colorado home late Monday from an apparent suicide. Police said that the 23-year old player died from a single gun shot which was likely self-inflicted. “Deputies discovered a male in the second-floor master bedroom of the home and determined that male was deceased,” a […]
Wednesday September 22 2010, 8:08 AM EDT | Posted in
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