NEWS ARCHIVE
NATIONAL | Mon, Sep 17, 2012

Manufacturing in the New York region contracted more than forecast in September as orders shrank, a sign the world’s largest economy will get less support from the industry.


Appealing to Rust Belt voters, President Barack Obama announced a new trade enforcement action against China on Monday, while Republican challenger Mitt Romney planned a greater emphasis on policy details that distinguish him from Obama to stop the incumbent's election momentum.


No one thought much about it when the largest lake in the Caribbean began rising in a year of heavy rains. But then it never stopped.


U.S. stocks are slipping in late trading Monday, threatening to break a four-day rally that pushed indexes tantalizingly close to pre-recession highs.


When Peg Davis was ready to find a retirement community to move to, she looked north -- not south -- for a place to spend her later years.


Oil plunged suddenly Monday afternoon, dropping more than $4 per barrel at one point in a dramatic end to an otherwise quiet trading day in New York,


A former executive of the retailer that owns the CompUSA and Circuit City brands will be barred from serving as an officer or director of any public company to settle civil charges of improperly receiving payments from vendors that he failed to disclose.


Shares of electric car maker Tesla Motors jumped almost 6 percent Monday after Morgan Stanley upgraded the stock.


Orders for the iPhone 5 topped 2 million in their first 24 hours, more than double the amount of its predecessor over the same period.


In an appeal that could stoke more fury over an anti-Islam film, the leader of the Lebanese Shiite militant group Hezbollah called for sustained protests in a rare public appearance Monday at a rapturous but peaceful rally attended by hundreds of thousands of cheering supporters in Beirut.


Global stock markets were muted Monday as the boost faded from the Federal Reserve's announcement last week of new measures to energize the U.S. economy.


Sept. 17 (Bloomberg) -- U.K. stocks declined, following a two-day rally, on deepening concern that the economic slowdown in China will worsen.


Sept. 17 (Bloomberg) -- Oil traded near a four-month high before reports that may show economic growth in the U.S., the world’s biggest crude user, is gaining strength.


Sept. 17 (Bloomberg) -- U.S. stock-index futures declined after the benchmark Standard & Poor’s 500 Index rallied last week to its highest level since 2007.


Sept. 17 (Bloomberg) -- Gold was seen gaining for a third day in New York on speculation stimulus by the Federal Reserve will boost demand for the metal as a protection of wealth.


Sept. 17 (Bloomberg) -- Cable providers may buy telephone companies that serve customers in their franchise areas, the Federal Communications Commission said in an order published today.


Sept. 17 (Bloomberg) -- Apple Inc. said advance sales of its iPhone 5 topped 2 million units in one day, more than double the record set by the previous model of the device.


Gap Inc. has tapped Rebekka Bay as creative director and executive vice president for global design, effective Oct. 1.


Sept. 17 (Bloomberg) -- President Barack Obama told an Ohio audience that a new trade complaint against China shows his commitment to protecting U.S. jobs, and he accused Republican Mitt Romney of profiting from outsourcing to China.


A federal appeals judge agreed Monday to delay a court challenge to Google Inc.'s plans to create the world's largest digital library while an appeals panel considers whether authors should receive class status.


Sept. 17 (Bloomberg) -- Medtronic Inc. is seeking pharmaceutical industry partners to couple the company’s pump technology with Alzheimer’s medicines that may be more effective if pushed directly into the brain.


McDonald's is introducing noodle dishes this week at its restaurants in Austria.


Sept. 17 (Bloomberg) -- Office Depot Inc., the second- largest U.S. office-supplies chain, rose after activist investor Starboard Value LP became its largest shareholder and started pushing for changes to improve earnings.


Peregrine Financial Group CEO Russ Wasendorf Sr. has pleaded guilty to a 20-year fraud that duped thousands of investors out of millions of dollars.


Home-improvement company Lowe's is withdrawing its buyout bid for Rona Inc., saying that the Canadian home-improvement company's board does not seem to want to engage in talks.


Sept. 17 (Bloomberg) -- Treasury 30-year bonds snapped a four-day decline on speculation yields near a four-month high are attractive given Federal Reserve efforts to spur growth will take time to work.


Sept. 17 (Bloomberg) -- European banking shares may gain as much as 7 percent over the next month, after completing a double-bottom pattern, according to a technical analyst at Royal Bank of Scotland Group Plc.


Sept. 17 (Bloomberg) -- The euro weakened against the yen and dollar for the first time in five days amid unrest in Spain as Prime Minister Mariano Rajoy deliberated over whether to request economic assistance for the indebted nation.


Sept. 17 (Bloomberg) -- EPL Oil & Gas Inc., the New Orleans-based producer that has gained 43 percent this year, agreed to buy Gulf of Mexico fields from closely held Hilcorp Energy Co. for $550 million, increasing output and almost doubling proved reserves.


Solid waste services company Waste Connections is buying R360 Environmental Solutions Inc. for about $1.3 billion in cash.


Iran's nuclear chief said Monday that “terrorists and saboteurs” might have infiltrated the International Atomic Energy Agency in an effort to derail his nation's atomic program, in an unprecedentedly harsh attack on the integrity of the U.N. organization and its probe of allegations that Tehran is striving to make nuclear arms.


Country stars Luke Bryan and The Band Perry's Kimberly Perry are ready to see a week's worth of hard work pay off when “CMA Music Festival: Country's Night to Rock” airs Monday on ABC.


the latest sign it's beginning to displace heart disease as the nation's top cause of death.


China filed a World Trade Organization case Monday challenging U.S. anti-dumping measures on billions of dollars of kitchen appliances, paper and other goods, adding to worsening trade strains as global demand weakens.


Suntech Power Holdings Co. is reducing its solar cell production capacity in China to lower production costs and cut operating expenses. The move will impact about 1,500 workers.


Sept. 17 (Bloomberg) -- Suntech Power Holdings Co., the world’s largest solar-panel manufacturer, rose the most in almost a week after temporarily reducing production capacity to lower costs amid a global oversupply.


Sept. 17 (Bloomberg) -- As chief of computer systems for Berliner Volksbank, Joerg Bauske has long been dismayed at the amount he spends on software. Now he says he’s found an easy way to cut costs dramatically: Buying used programs.


The euro slipped against the dollar Monday after hitting a four-month high earlier in the day.


Sept. 17 (Bloomberg) -- Oil declined more than $3 in less than a minute in late trading as October options were about to expire, ending the day with the largest drop in eight weeks.


The Historical Society of Pennsylvania is putting six original drafts and copies of the Constitution of the United States on display in honor of the document's 225th anniversary.


Jack Farrell was still new to his job at the historic hotel 10 miles off the New Hampshire coast when he woke up one morning to the sound of chirping birds and crashing waves.


Ahmed Ressam, an Algerian terrorist arrested on the eve of the new millennium in a rental car packed with explosives, has been sentenced twice before by a federal judge.


Space shuttle Endeavour apparently doesn't want to leave home.


Family members of an Arizona U.S. Border Patrol agent killed in connection with a botched gun-smuggling operation said they won't have closure until someone is held accountable for his death.


Republican Mitt Romney is making a fresh appeal to Latino voters and trying to cut into President Barack Obama's advantage with a key portion of the electorate.


A state court ruling that threw out major parts of the new Wisconsin law restricting collective bargaining came in one of three lawsuits challenging the 2011 law.






Subscribe Today!


Mon, Sep 17, 2012
 

contact info: Iam Pam