Posts Tagged ‘United States’

TD warns of Canadian recession

A major Canadian bank says the economy ground to a halt in the second quarter and could slip into recession if the United States continues to weaken. View full post on Canada Business Stories

World Leaders’ Optimism On Economy Lifts Shares

Comments from the Group of 8 industrial nations about the global economy’s strength offset a slump in home sales in the United States. View full post on Business Stories

A Bad Year for Car Bargains

With the the average price for a new car in the United States edging toward $30,000, some executives fear that sticker shock could stall the industry’s recent comeback. View full post on Business Stories

L.A. Vikings? Southern California Reportedly Wooing Team

John Nestor – AHN Sports Correspondent Eden Prairie, MN, United States (AHN) – While the Minnesota Vikings try to hammer out a deal for a new stadium in Minnesota, the team is being approached about a potential move to Los Angeles. The Vikings hosted an online chat Tuesday to discuss the state of negotiations toward […]

Brown-Forman Beats Profit Estimates In Q2, Raises Forecast

Kris Alingod – AHN News Contributor Louiseville, KY, United States (AHN) – Brown-Forman posted second quarter earnings on Thursday, beating profit estimates but falling short of expected revenue. The liquor maker raised its outlook for the full fiscal year. Net income for the period ended Oct. 31 rose 5 percent to $154 million, or $1.05 […]

Reds, slugger Jay Bruce reportedly come to terms on six-year, $51 million pact

AHN Sports Staff Cincinnati, OH, United States (AHN) – The Cincinnati Reds retained the service of Jay Bruce Thursday night, signing the young outfielder to a six-year, $51 million deal with a seventh year option worth $22 million. The 23-year-old Bruce received his biggest paycheck of his young career following an All-Star caliber season with […]

Borders loses $74.4 million in Q3

Kris Alingod – AHN News Contributor Ann Arbor, MI, United States (AHN) – Borders doubled its losses for the third quarter to $74.4 million but is optimistic that changes it made this fiscal year will improve profitability and adapt to the onset of e-readers and digital books. The Michigan-based company reported Thursday it lost $1.03 […]

Serbia Backs China’s Decision To Boycott Nobel Ceremony

AHN News Staff Belgrade, Serbia (AHN) – Serbia has supported Chinese decision to boycott Friday’s Nobel Peace Prize ceremony for dissident Liu Xiaobo, who has been in jail since the award has been announced. Speaking at Serbian B92 television, Serbian Foreign Minister Vuk Jeremic said that the decision was “not easy at all, and far […]

Sources: Angels Likely To Land Free Agent Outfielder Crawford

Kareem Shaker – AHN Sports Reporter Lake Buena Vista, FL, United States (AHN) – After being courted by the Yankees, Red Sox, and other teams, several sources claimed top free agent outfielder Carl Crawford is close to signing with the Los Angeles Angels. The general consensus around this week’s Winter Meetings among players and executives […]

Chrysler To Repay Bailout Loans Before 2013

AHN News Staff Detroit, Michigan, United States (AHN) – Despite the slow recovery of Chrysler Group from the auto slump compared to Ford and General Motors, the company said it plans to repay its loans to the U.S. and Canadian governments before 2013. The settlement of the debt would allow Fiat SpA, which operates Chrysler, […]