Archive for the ‘Business World’ Category

Sharp plans to cut 11,000 jobs worldwide

Sharp is set to cut 11,000 jobs and sell assets and plants worth $ 2.7bn as the consumer electronics giant tries to turn its financial fortunes around, according to a report released on Tuesday. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

BCS to consider just six cities for 2015 title game

The Bowl Championship Series will select the host of the 2015 national title game from just six cities, according to sources. The city that will be selected will host the title game on Jan. 12, 2015 that will crown the champion of the Football Bowl Subdivision’s first playoff. Article © AHN – All Rights Reserved […]

Flight attendant attempts to bring loaded gun to Philly airport; Airport cop accidentally discharges weapon

A flight attendant was detained and subsequently charged with disorderly conduct after she tried to pass through the Philadelphia International Airport security with a loaded gun in her purse, causing alarm when a police accidentally discharged the weapon while securing it last Sunday. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

German business confidence fell in September

German business confidence for September surprisingly fell, its fifth straight month of decline, as the sovereign debt crisis in Europe continue to dampen economic outlook in the region. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Crowds pack apple stores for iPhone 5 launch

Die-hard fans of Apple’s iconic smartphone tolerated long overnight lines, cold weather even in some areas, to guard their place outside Apple retail stores around the world to be among the first to buy the new iPhone 5. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

SpaceX, NASA set launch date for first resupply mission

SpaceX engineers are preparing its spacecraft for the first official resupply flight to the International Space Station which is scheduled next month. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

IMF cuts economic growth forecast for South Korea

Citing escalating fiscal woes in the euro zone, the International Monetary Fund (IMF) lowered its growth forecast for the South Korean economy this year. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Business as usual after Marikana mine violence?

Five weeks after the Marikana mine massacre in South Africa’s North West Province claimed the lives of 34 protesting workers and shocked the world, the strike that prompted the violence has been declared over. But the incident has morphed into a symbol of the growing chasm between those in the government, the mining companies, and […]

California theme park riders spend hours at 300 feet after ride malfunctions

A California amusement park ride malfunction left around 20 passengers stranded 300 feet in the air for hours, after being safely returned to the ground last Wednesday. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

U.S. housing starts continue rise in August

Despite the stalled economy, the housing market shows little sign of slowing down as construction on new homes in August increased by 2.3 per cent, driven by single-family home starts that grew at the fastest rate in more than two years indicating that the U.S. real estate market has not yet lost its momentum. Article […]