HR News
Geithner says Chinese inflation helping U.S. compete
February 17, 2011 0 Comments
Lalit K. Jha – AHN News Correspondent Washington, DC, United States (AHN) – U.S. Treasury Secretary Timothy Geithner told lawmakers on Wednesday that growing inflationary pressure in China is helping American companies increase their competitiveness. Testifying before the Senate Committee on Finance, Geithner said the Read More
NPR reveals Coca-Cola’s ingredients; company says recipe is still secret
February 17, 2011 0 Comments
Ayinde O. Chase – AHN News Editor Chicago, IL, United States (AHN) – After the alleged top secret recipe of Coca-Cola was broadcast and printed around the globe the manufacturer contends the recipe is still locked up safe in a vault guarded 24-hours a day. Read More
U.S. stocks rise on Sanofi-Genzyme merger, Dell earnings
February 17, 2011 0 Comments
Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – U.S. stocks rose on Wednesday triggered by the merger deal of Sanofi-aventis and Genzyme and Dell’s fourth-quarter profit. The Commerce Department’s report of a 14.6 percent rise in new-home construction in Read More
Congress continues work on repealing expanded 1099 law
February 17, 2011 0 Comments
Linda Young – AHN News Writer Washington, DC, United States (AHN) – Congress is still seeking a way to repeal the burdensome 1099 law that requires businesses to file a 1099 for every vendor from which it purchases $600 or more worth of goods or Read More
China continues to cut U.S. Treasury holdings
February 17, 2011 0 Comments
Linda Young – AHN News Writer Washington, D.C., United States (AHN) – China dumped United States Treasury securities in December, cutting its holdings for the second month in a row. Treasury Department officials said Tuesday that China had reduced its holdings of U.S. Treasurys by Read More
Obama’s transportation budget tests his power in Congress
February 17, 2011 0 Comments
Tom Ramstack – AHN News Correspondent Washington, DC, United States (AHN) – President Obama’s 2012 budget proposal for public transportation is shaping up as a test of whether he still can influence Congress after Democratic defeats in the November elections. On Monday, Obama proposed a Read More
Borders files for bankruptcy
February 17, 2011 0 Comments
Kris Alingod – AHN News Contributor Ann Arbor, MI, United States (AHN) – The nation’s second-largest book retailer has filed for bankruptcy protection but is assuring customers that store operations remain normal and that online orders are being met. Borders submitted a petition for relief Read More
Madoff insists family did not know of his fraud, but the banks were aware
February 17, 2011 0 Comments
Vittorio Hernandez – AHN News Butner, NC, United States (AHN) – Hedge fund trader Bernard Madoff insists that his family was unaware of his fraudulent Ponzi scheme. However, he indicated that banks and hedge funds – whom Madoff did not identify – were part of Read More
United Airlines grounds fleet of 757s on computer worries
February 17, 2011 0 Comments
Hansen Sinclair – AHN News Reporter Washington, DC, United States (AHN) – United Airlines does not expect any cancelations and few delays after it grounded nearly 100 Boeing 757 airliners for unscheduled maintenance. The grounding caused the cancelation of more than a dozen flights Tuesday, Read More
Ottawa appeals Federal Court ruling on Globalive
February 17, 2011 0 Comments
Vittorio Hernandez – AHN News Ottawa, Ontario, Canada (AHN) – Canadian Industry Minister Tony Clement said Tuesday that Ottawa will appeal a Federal Court ruling that reversed the cabinet’s decision to allow Globalive Wireless Management Corp. to roll out mobile phone services in Canada. The Read More
