Posts Tagged ‘economy’

Okada sees Philippine casino project beating Las Vegas’ Wynn Resorts

Kazuo Okada has vowed to beat the Las Vegas casino operations of his estranged partner, U.S. gaming magnate Steve Wynn, with his own $ 2 billion casino in the Philippines. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

India insists Iran will remain important oil source

A day after United States Secretary of State Hillary Clinton lauded India for reducing its trade with Iran over its defiance on its nuclear program, India on Tuesday insisted that the Islamic republic will remain an important source of oil. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Al Jazeera closes China bureau after reporter expelled

Qatar-based news network Al Jazeera announced Tuesday the closure of its English language bureau in China after local authorities refused to renew the visa and accreditation of its American reporter and refused to grant visas to its other journalists. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Nevada issues first license for diverless car

Nevada has become the first state to issue an “autonomous” license for a driverless car, and the lucky recipient of internet search giant Google. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Abbott Labs agrees to $1.6 billion Depakote settlement

Abbott Lab has plead guilty and agreed to pay $ 1.6 billion over allegations that it promoted Depakote, an anti-seizure drug, for uses not approved by the FDA. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Tainted dog food linked to salmonella

Contaminated dog foods has been linked to 14 human illnesses in the United States. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Researchers: Aspirin works as well as warfarin for heart failure

Researchers say that plain old cheap aspirin is just as effective as warfarin, the more expensive drug frequently prescribed for heart failure patients with a normal heart rhythm. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Payroll-processing company ADP says private sector job creation slowing

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The latest report on private company hiring shows a disappointing 119,000 jobs created in April, according to payroll processor ADP. ADP’s report comes ahead of the official government numbers for April due out on Friday Stock prices fell in midday trading on Wednesday [...]

Ford warns of job losses from imbalances in free trade

The head of Ford Motor Co. operations in Europe and several other automakers have warned that a new free trade agreement between the European Union and South Korea poses a threat to jobs. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Blame game defers solution to Gaza strip energy crisis

From factories to the fishing industry, the Gaza Strip economy is being affected by more than two months of fuel shortages and power outages, taking a toll on the livelihoods of its 1.6 million inhabitants. Article © AHN – All Rights Reserved Economy, Business And Finance Stories