
The number of Americans who went bankrupt last year reached 1.53 million, up 9 percent from 2009, the American Bankruptcy Institute and the National Bankruptcy Research Center said in a report today. In 2009, there were 1,407,788 filings. The upward trend in personal bankruptcy filings started in 2005 when a major revision of bankruptcy law […]
Tuesday January 04 2011, 12:33 AM EDT | Posted in
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Arnold Schwarzenegger steps down from office as California governor on Monday, leaving behind a mixed legacy as the top executive of “The Golden State”, as well as leaving many to speculate what his next plans are. After a notable run as a bonafide Hollywood star, and as a champion bodybuilder before that, Schwarzenegger successfully became […]
Monday January 03 2011, 3:04 AM EDT | Posted in
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A breakthrough blood test to detect cancer cells are set to be developed by a team of Boston researchers and pharmaceutical firm Johnson & Johnson, the collaborators will announce on Monday. The blood test will enter the experimental stage later as four cancer treatment facilities commence clinical trials. Medical scientists are trying to come up […]
Monday January 03 2011, 2:29 AM EDT | Posted in
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One by one, countries in Asia, Europe, the U.S. and elsewhere said goodbye to a tumultuous 2010 and welcomed 2011 in grandiose celebrations in hopes of a more upbeat world economy. New York City revelers in Times Square participated in its eagerly anticipated New Year’s celebration there amid tight security. Thousands of people participated in […]
Sunday January 02 2011, 4:07 AM EDT | Posted in
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U.S. President Barack Obama reaffirmed his commitment to lift the economy further this year and lessen the ranks of unemployed Americans. In his weekly address over the radio and the Internet, Obama said that he will work closely with Republicans to address economic issues this year. “In a few days, a new Congress will form […]
Sunday January 02 2011, 3:32 AM EDT | Posted in
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Electronic cigarettes continue to sell in various markets around the world even as more health authorities successfully passed legislation against smoking in public places due to health concerns about the high-tech tobacco products. During the weekend, Spain became the latest European country that passed a law that prohibits smoking in bars and other enclosed public […]
Sunday January 02 2011, 2:56 AM EDT | Posted in
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