Oil little changed, investors weigh global economy
2013-01-18 20:16:30 UTC
NEW YORK (AP) — The price of oil remained at a four-month high Friday after new data showed China's economy rebounded and a global demand forecast rose.
Benchmark oil for February delivery rose 7 cents to finish at $95.56 per barrel on the New York Mercantile Exchange, the highest since Se...
Paper: UBS head calls tax flap 'economic war'
2012-04-23 04:40:47 UTC
GENEVA (AP) — The CEO of Swiss banking giant UBS AG has said the nation's tax disputes with the United States and some European nations are "an economic war" putting 20,000 jobs at risk.
Sergio Ermotti, appointed CEO in November in the wake of a trading scandal, is quoted by Zurich weekly news...
Bee Gee Robin Gibb wakes from coma
2012-04-22 22:39:54 UTC
LONDON (AP) — Robin Gibb's spokesman says the Bee Gees star has woken from a coma and is showing signs of recovery.
The 62-year-old singer fell into a coma last week after contracting pneumonia.
Doug Wright on Saturday said that Gibb had been able to nod and communicate with his family memb...
A divided Congress confronts a rising cyberthreat
2012-04-21 21:13:20 UTC
WASHINGTON (AP) — The mysterious caller claimed to be from Microsoft and offered step-by-step instructions to repair damage from a software virus. The electric power companies weren't falling for it.
The caller, who was never traced or identified, helpfully instructed the companies to enable s...
IMF moves to calm market fears over European debt
2012-04-21 20:55:10 UTC
WASHINGTON (AP) — An infusion of hundreds of billions of dollars will give the International Monetary Fund a badly needed boost to tackle Europe's prolonged debt crisis. But global finance officials sent a strong message Saturday that struggling governments must speed reforms or risk spooking jit...
EU parliament slams Argentina's YPF seizure
2012-04-20 18:29:53 UTC
BRUSSELS (AP) — The European Union parliament on Friday condemned Argentina's move to seize control of the YPF division of Spanish oil and gas company Repsol and demanded that the EU take action against Buenos Aires at the World Trade Organization.
The parliament also called on the EU to look ...
Internet advertising climbs to $31 billion in 2011
2012-04-18 17:04:36 UTC
(Reuters) - Internet advertising revenue in the United States jumped 22 percent to $31 billion in 2011 setting a record high.
The bulk of last year's spend went to search and display advertising, according to a report from the Interactive Advertising Bureau an...
China gives currency more freedom with new reform
2012-04-14 05:24:12 UTC
BEIJING (Reuters) - China took a milestone step in turning the yuan into a global currency on Saturday by doubling the size of its trading band against the dollar, pushing through a crucial reform that further liberalizes its nascent financial markets.
The People's Bank of China said it would ...
U.S. politics clash with reality over China currency
2012-04-13 22:39:50 UTC
WASHINGTON (Reuters) - The United States was keeping a wary eye on North Korea after the reclusive state's unsuccessful launch of a long-range rocket, and President Barack Obama said on Friday that Pyongyang faced further isolation if it kept defying the international community.
The White Hous...
Big banks face $638 billion shortfall on new rules
2012-04-12 17:04:33 UTC
LONDON/ZURICH (Reuters) - The world's biggest banks would have needed to find more than $600 billion if tough new capital rules to be phased in from 2013 had been in place last year.
The Basel Committee of global regulators said if the new rules, known as Basel III, had been in force at the mi...
Treasury bond prices drop as investors take profits
2012-04-11 16:39:51 UTC
NEW YORK (Reuters) - Treasury debt prices fell on Wednesday as investors took profits on the previous day's gains and worked to cheapen prices ahead of a debt sale later in the afternoon.
Investors were also taking cues from weaker European debt prices, while strength in U.S. stocks undermined...
Doctors seek end to 5 cancer tests, treatments
2012-04-10 04:39:28 UTC
NEW YORK (Reuters) - The nation's leading association of cancer physicians urged doctors to stop offering five common tests and treatments for cancer patients, a move that threatens to further inflame concerns about the rationing of medical care.
The recommendations emerged from a two-year eff...
California wildfires: San Rafael Mayor's way to show leadership
2017-10-16 19:24:58 UTC
San Rafael — When an urgent request went out via email to all employees for city staff to volunteer at an Emergency Shelter in San Rafael, one response was unexpected. <strong><i>Mayor Gary Phillips</i></strong> wrote, <i>"I would be glad to help this evening, but I wouldn't want to preempt any o...
Syria truce prospects fade as fighting rages
2012-04-09 18:56:14 UTC
ANTAKYA, Turkey (Reuters) - A military bombardment of a town in central Syria killed 30 people on Monday on the eve of a scheduled army withdrawal from urban areas, opposition activists said, dashing the prospects of a U.N.-brokered ceasefire taking hold.
Government troops and rebel forces als...
Iran warns US and calls for investigation of chemical attack in Syria
2017-04-08 17:22:02 UTC
Tehran — Iranian President Hassan Rouhani warned that U.S. missile strikes risked escalating extremism in the region and called for an impartial probe of this week's suspected chemical weapons attack in Syria.
Washington accused the government of Syrian President Bashar al-Assad of the attack ...
Kurdish HDP opposition said the result of referendum unclear until appeal finalized
2017-04-16 19:06:01 UTC
Turkey's pro-Kurdish HDP opposition said on Sunday that the result of a referendum on granting sweeping powers to the president would remain unclear until its appeal to the High Electoral Board over vote irregularities was finalised.
The H-1B Visa Program
2017-04-19 04:09:18 UTC
<blockquote><h3>The H-1B Visa Program: A Primer on the Program and Its Impact on Jobs, Wages, and the Economy</h3>
Every year, U.S. employers seeking highly skilled foreign professionals submit their petitions on the first business day in April for the pool of H-1B visa numbers for which U.S. ...
Roger Ailes, founder of the right wing TV channel Fox "News" dead
2017-05-18 17:11:31 UTC
NEW YORK — Roger Ailes, founder and former chief executive of Fox "News", a right-wing nationalist political TV channel in US, that helped reshape the U.S. political landscape, has died at age 77.
Ailes' widow, Elizabeth Ailes, announced his death in a statement posted on the Fox News website ...
The "Barbaric" Turkish Strikes Against US-Backed YPG Fighters
2017-04-25 16:00:06 UTC
Syria — The air Turkish strikes in Syria targeted the YPG - a key component of the Syrian Democratic Forces (SDF), which are backed by the United States and have been closing in on ISIS the "Islamic State" bastion of Raqqa.
The Turkish raids showed the challenges facing U.S.-led attempts to de...
California: Earthquake Rattles East Bay
2017-06-21 21:59:06 UTC
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<strong>Bay Area</strong> — Dozens of residents of El Cerrito, Berkeley, Albany, El Sobrante, Richmond reported feeling the earthquake. It was also felt in San Francisco, an...
In the United States of America, poverty is often a death sentence
2016-06-07 04:28:05 UTC
In the United States today, the wealthiest country in the history of the world, 47 million Americans are living in poverty.
Almost 22 percent of American children are poor and we have the highest child poverty rate of almost any major country on earth.
Let’s be clear. Living in poverty does...
Stunning Images of Ramadan From Around the Globe
2020-04-30 19:44:18 UTC
<p>Ramadan is usually a time of togetherness, with Muslims filling mosques for hours of prayer and sharing large, lavish meals with friends and neighbors after days of dawn-to-dusk fasting.</p><p>But as Associated Press images show, the coronavirus has forced Muslims around the world — from...
Magnitude 5.5 Earthquake Strikes in Northeast India: USGS
2018-01-07 08:15:19 UTC
(Reuters) - A earthquake of magnitude 5.5 struck east of Imphal, capital of India’s northeastern state of Manipur, on Sunday, the U.S. Geological Survey said.
There were no immediate reports of injuries or damage from the quake, which was 22.8 km (14 miles) deep and hit 101 km (63 miles) east ...
Choose The Best Loan For Your Business
2020-12-05 23:49:52 UTC
To help you find the right business loan, we researched and analyzed dozens of options. Here is a roundup of our 2021 best picks, followed by an explanation of how we chose them.
• How to choose the best loan for your business?
• What type of business loan is best for your business?
Heavy rains have closed some of Northern California's Marin County schools
2017-02-09 22:32:58 UTC
Mill Valley - Dozens of schools in flood-prone areas throughout Marin County are closed Thursday in advance of another storm expected to wallop the area, officials said.
In all, 40 public schools and 13 private ones were announced as closed just after 5 p.m. Wednesday, according to the Marin Cou...