News May 18/2013 Bernanke says computer revolution likely to provide various future gains to economic growth WASHINGTON – Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong. Bernanke told…
News May 18/2013 Union and supporters march in Rome to press for job creation in recession-plagued Italy ROME – A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur…
News May 18/2013 Even before first drops flow, Uganda’s oil beset by bribery charges, political interference KAMPALA, Uganda – Even before the first drops flow, Uganda’s oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees,…
News May 18/2013 Bernanke says computer revolution likely to provide various future gains to economic growth WASHINGTON – Federal Reserve Chairman Ben Bernanke says pessimists forecasting that the economy will not reap sizable benefits from the computer revolution are likely to be proven wrong. Bernanke told…
News May 18/2013 Federal financial agency ignores dollar limit on hospitality spending OTTAWA – A federal agency that ensures banks and other financial institutions follow the rules has itself broken the rules on hospitality spending. The Financial Consumer Agency of Canada spent…
News May 18/2013 Dardenne touts tourism industry in bayou parishes HOUMA, La. – Lt. Gov. Jay Dardenne says recreational opportunities and the cuisine of the Bayou Country are big pluses as they area cultivates its climate for tourism. Dardenne met…
News May 18/2013 Obama agenda withstanding IRS focus on tea party groups, Benghazi fallout, other controversies WASHINGTON – Despite Democratic fears, predictions of the demise of President Barack Obama’s agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders…
News May 17/2013 Report: Yahoo board to meet Sunday to vote on proposed $1.1 billion acquisition of Tumblr NEW YORK, N.Y. – Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic…
News May 17/2013 LAN airlines suspends domestic, international flights in Argentina over dispute BUENOS AIRES, Argentina – Hundreds of passengers remained stranded at Argentina’s airports on Friday after LAN Airlines S.A. temporarily suspended all domestic and international flights over a dispute with a…
News May 17/2013 Judge rules Atlantic Club casino can end contract with PokerStars and seek new buyer MAYS LANDING, N.J. – After paying an $11 million advance to a struggling Atlantic City casino it intended to buy, the parent company of the world’s largest online poker website…
News May 17/2013 Viking Cruises, known for river trips, announces new cruise line for ocean-going ships NEW YORK, N.Y. – Viking Cruises, a company known for offering river cruises, on Friday announced that it was launching a new cruise line for ocean-going trips. Viking’s first ocean-going…
News May 17/2013 Obama meets with new acting IRS head Daniel Werfel, expects report back in 30 days WASHINGTON – The White House says President Barack Obama has met with Daniel Werfel, the new acting commissioner of the Internal Revenue Service. The Treasury Department says Treasury Secretary Jacob…
News May 17/2013 Business Highlights ___ A year after IPO, Facebook aims to be ad colossus NEW YORK (AP) — It was supposed to be our IPO, the people’s public offering. Facebook, the brainchild of…
News May 17/2013 NewsRight dismantles, transfers service, brand to Moreover Technologies NEW YORK, N.Y. – NewsRight, an organization created to turn unauthorized publishers of newspaper content on the Internet into licensed customers, said it is disbanding and transferring its operations to…
News May 17/2013 Most actively traded companies on the TSX, TSX Venture Exchange markets TORONTO – Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (12,613.05 up 105.45 points): Southern Pacific Resource…
News May 17/2013 Hydro-Quebec Q1 profits increase 1.7 per cent to $1.36 billion on higher exports MONTREAL – Hydro-Quebec says it earned $1.36 billion in its latest quarter, up from $1.34 billion a year ago, helped by higher electricity sales and exports. The public utility said…
News May 17/2013 Calif. doctor who promised fake herbal cancer cure sentenced to 14 years in prison LOS ANGELES, Calif. – A Los Angeles doctor was sentenced Friday to 14 years in federal prison for bilking patients out of more than $1 million by promising them that…
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