The federal government grounded Boeing's newest and most technologically advanced jetliner Wednesday, declaring that U.S. airlines cannot fly the 787 again until the risk of battery fires is addressed.The Federal Aviation Administration's emergency order affects only United Airlines, the lone U.S. carrier to operate 787s. United said it would put passengers on other aircraft and work closely with...
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Fewer US homes repossessed by banks in 2012
Labels: Business
LOS ANGELES (AP) — Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increasingly opted to allow troubled borrowers to sell their homes for less than what they owed on their mortgage.All told, banks repossessed 671,251 homes last year, down nearly 17 percent from 804,423 the year before, according to...
Citgo to be dropped from NH suit on gas additive
Labels: Business
CONCORD, N.H. (AP) — A judge has granted a request to remove Citgo from a New Hampshire lawsuit accusing the oil company and another petroleum giant of failing to warn state officials about the gasoline additive MTBE.The state's lawsuit against ExxonMobil and Citgo went to trial Monday. But a judge Wednesday granted a motion from the state and Citgo to remove the company from the case provided the...
Jan
09
ECB to hold fire as euro zone economy shows glimmers of hope
Labels: Business
FRANKFURT (Reuters) - The European Central Bank is expected to keep interest rates at a record low of 0.75 percent on Thursday, refraining from a cut as the euro zone economy shows some signs of stabilising and inflation still tops its target.The 17-country euro zone is in recession, but recent data points to some stabilisation, and ECB President Mario Draghi could strike a slightly more positive...
APNewsBreak: Deal in Mass. suit on pregnancy drug
Labels: Business
BOSTON (AP) — Four sisters who claimed their breast cancer was caused by a drug their mother took during pregnancy in the 1950s reached a settlement Wednesday with Eli Lilly and Co. in the first of scores of similar claims around the country to go to trial.Neither Eli Lilly nor lawyers for the women would disclose the financial terms of the settlement, which was announced on the second day of testimony...
Tech delegation pressing NKorea Internet openness
Labels: Business
PYONGYANG, North Korea (AP) — A private delegation including Google's Eric Schmidt is urging North Korea to allow more open Internet access and cellphones to benefit its citizens, the mission's leader said in the country with some of the world's tightest controls on information.Former New Mexico Gov. Bill Richardson also said his nine-member group called on North Korea to put a moratorium on missile...
Jan
07
Drilling barge pulled from rocks off Alaska island
Labels: Business
ANCHORAGE, Alaska (AP) — A large floating drill rig that ran aground a week ago on a remote Alaska island arrived as planned Monday in the shelter of a Kodiak Island bay after being towed about 45 miles through swells as high as 15 feet, officials said.The Royal Dutch Shell PLC vessel was lifted off rocks late Sunday and towed away from the southeast side of Sitkalidak Island, where it sat exposed...
New York can't object to $115 million AIG shareholder deal: judge
Labels: Business
NEW YORK (Reuters) - New York Attorney General Eric Schneiderman cannot stop a $115 million settlement between American International Group Inc shareholders and the insurer's former chief executive and others, a U.S. judge ruled on Monday.The New York Attorney General lacks standing to object to the settlement, U.S. District Court Judge Deborah Batts in Manhattan wrote in her decision. She also denied...
Insight: In "fiscal cliff" bill, White House was key to corporate tax breaks
Labels: Business
WASHINGTON (Reuters) - As the Congress rushed last week to approve a "fiscal cliff" tax bill that raised income taxes on the wealthy, Washington lobbyists were fretting over a drama that was playing out within the negotiations: whether the bill would include about $64 billion in tax breaks for businesses.The bill extended several tax breaks backed by both parties, including $14.3 billion in credits...
Jan
05
BMW to pare back car discounts in Germany: magazine
Labels: Business
FRANKFURT (Reuters) - BMW will cut back on sales discounts in Germany and focus on maintaining profit margins rather than market share, Chief Executive Norbert Reithofer told German weekly WirtschaftsWoche."We have decided that this year in Germany we will not defend market share at any price, and that profitability must come first," Reithofer told the magazine.The volume of discounts will therefore...
SAP CEO says China to become as important as U.S.: paper
Labels: Business
German business software maker SAP sees potential for one million new customers in China, five times the number it currently has world-wide, German weekly paper Frankfurter Allgemeine Sonntagszeitung said."China will be as important for us as the United States," SAP's co-Chief Executive Jim Hagemann Snabe told the paper, according to an advance extract.Snabe said SAP wants to open the Chinese...
Depardieu flies to Russia, may receive passport
Labels: Business
MOSCOW (AP) — Russian President Vladimir Putin's spokesman says French actor Gerard Depardieu has flown to Sochi, where he is likely to meet with Putin and receive a Russian passport.Putin on Thursday approved the actor's application for Russian citizenship, causing a scandal in France, where Depardieu has been fighting a proposed 75 percent income tax on the superrich.Putin's spokesman Dmitry Peskov...
Dec
27
ReferralBuzz Announces Partnership with TruliaTwin Cities’ Referral Service for Home Remodeling Experts and Their Customers Partners with Leading Online Real Estate Market
Labels: BusinessTwin Cities’ referral service for home remodeling experts and their customers partners with leading online real estate marketplace.Minneapolis, MN (PRWEB) December 21, 2012Starting in January 2013, ReferralBuzz Inc., in Minneapolis, will be the exclusive partner in the 7 county Twin Cities metro and St Cloud, MN, Madison, WI, Cedar Rapids, IA for the new "Find a Pro - Home Improvement" feature on...
Politis & Matovina, P.A. Earns BBB Accreditation
Labels: BusinessPolitis & Matovina, P.A. announced its recent accreditation by BBB Serving Central Florida. As a BBB Accredited Business, Politis & Matovina, P.A. is dedicated to promoting trust in the marketplace.Daytona Beach, FL (PRWEB) December 21, 2012Politis & Matovina, P.A. is committed to BBB's Standards of Trust. This week, Politis & Matovina, P.A. announced its recent accreditation by BBB...
Car-Specials.com Set to Give Customers a Fresh Car-Shopping Experience
Labels: BusinessCar-Specials.com is a new car search service that is bringing fun and excitement back to the car shopping game. With an ultra-fast, intuitive interface and a superior selection of new and used cars from local dealerships, Car Specials offers consumer-friendly search options and low-cost, dealer-centric service.Carmel, Indiana (PRWEB) December 21, 2012Car-Specials.com is a new kind of online automotive...
Brand id│Strategic Partners Launches Revolutionary Personal Branding Success Program for Women
Labels: BusinessThe Breakfast Club is a 12-month strategic mastermind program for Baltimore women who are ready to expand their “circle of influence, strategically map out their personal and professional path to success, and uplevel their visibility in the marketplace through personal branding.Baltimore, Maryland (PRWEB) December 21, 2012Two Maryland business women have partnered to unveil a program specifically...
Fleetwood Mac Tickets Take Off Online at BuyAnySeat.com
Labels: BusinessTickets to Fleetwood Mac’s upcoming 34-city North American Tour are creating traffic spikes in search traffic online for seats, said Felina Martinez at ticket marketplace BuyAnySeat.com. The tour kicks off April 4, 2013 in Columbus, Ohio and is the band’s first trek since 2009.
Denver, CO (PRWEB) December 22, 2012
It’s hard to believe that it has been 45 years since Fleetwood Mac’s first album, and...
Dec
25
Explore Talent Presents LA Casting Calls for Crew Jobs
Labels: BusinessLos Angeles, CA (PRWEB) December 25, 2012Explore Talent presents LA casting calls for crew jobs on the site http://www.exploretalent.com. For those living in Los Angeles, job announcements are available on the site. Job listings include producer, sound technician, photographer, sound mixer, director, sound engineer, etc."We are excited to include crew jobs in our roster of entertainment jobs," said...
Warning Claim on Alleged Defective Wright Hip Implant Lawsuit Dismissed: AttorneyOne Informs
Labels: BusinessAccording to court documents, on October 3rd, 2012, parts of the lawsuit filed in Arizona District Court (case no. 2:2011cv02113), alleging defective Wright Profemur Hip implant, were dismissed by a US District Judge. Now, AttorneyOne.com, a recognized authority on law, can provide helpful, proven advice and simple solutions including how to get in contact with legal counsel so anyone can easily and...
LeaseQ Reports Equipment Lending Up 3.2% In November
Labels: BusinessA recent industry survey reveals a marked increase in equipment leasing and financing activity for the month of November. An equipment leasing provider breaks down the numbers.Boston MA (PRWEB) December 25, 2012LeaseQ, one of the leading providers of commercial and business equipment leasing and financing in the United States, is reporting an increase in equipment based lending for the month of November,...
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