Posts Tagged ‘business’

Court rules for Motorola and makes Apple pull iPads and iPhones in Germany

A court ruling favoring Motorola Mobility has forced Apple to pull several of its iPad and iPhone models from its German online store. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Kodak wants its name off its namesake theatre

Eastman Kodak, currently in bankruptcy, wants its name off the Hollywood landmark that has been home to the Academy Awards for the last decade. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

American Airlines to lay out cuts to unions, may send jobs overseas

American Airlines’ parent company on Wednesday warned its unions to expect deep cuts to the staff of 88,000. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Chrysler posts $225 million profit

Chrysler reported Wednesday that it earned $ 225 million in the fourth quarter, capping a turnaround for the struggling automaker. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Pep Boy goes private

Pep Boy agreed to be taken private in a $ 800 million deal with private equity firm Gores Group. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Pakistan textile industry relocating to Bangladesh

Pakistan’s export-oriented textile industry is relocating to Bangladesh for a slice of preferential trade agreements with the United States and European Union. More than 40 percent of the textile industry and around 200,000 power looms have been shifted to Bangladesh in the last five years, causing employment problems. Article © AHN – All Rights Reserved [...]

FDA finds fungicide in Brazil and Canada orange juice shipments

The FDA found small amounts of an unapproved fungicide in Brazilian and Canadian orange juice shipments. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Bankrupt Spanish airline halts flights, strands 23,000 passengers

Some 23,000 passengers of Spanair were left stranded across Europe and Africa or rebooking flights since Friday when the Barcelona, Spain-based airline abruptly stopped operations due to bankruptcy. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Somali journalist shot dead in Mogadishu

The director of independent station Radio Shabelle, Hassan Osman Abdi, was shot dead Saturday in Mogadishu. He is the third Shabelle radio broadcaster to be killed. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Weak U.S. dollar keeps gold glistening

Gold prices rallied for a third straight day Friday spurred on by a weaker U.S. dollar and the Fed’s comments earlier in the week. Article © AHN – All Rights Reserved Economy, Business And Finance Stories