United States

United States
Wednesday, May 12th 2010 - 07:09 UTC

World Markets Lower After Taking a Second Look at Euro Rescue Plan

President Obama was on the phone with Spain’s Rodriguez Zapatero

United States shares closed lower on Tuesday as global stock markets stalled on niggling worries over European debt problems. On Wall Street, the Dow Jones index closed down 0.34% following a turbulent day's trading, and a nearly 4% rise on Monday.

Saturday, May 8th 2010 - 06:03 UTC

US Private Sector adds Jobs in April and More People Re-Enter Labour Market

Good news for President Obama

Companies in the United States added 290,000 jobs in April, mostly in the private sector, the United States Department of Labor said Friday, a strong sign that the job market has begun recovering from last year's damaging recession.

Friday, May 7th 2010 - 05:40 UTC

Panic in Wall Street: Possible Electronic Error Plunges Markets 1.000 Points

All trades between 02:40 and 03:00 PM Thursday are to be cancelled

United States regulators and stock exchanges are searching for answers after what is believed to be an electronic trading error set off a heart-stopping plunge in markets that rivalled the crash of 1987.

Wednesday, May 5th 2010 - 06:07 UTC

Obama Administration Pushes for Fee on Large Banks to Pay for Bailouts

US Secretary of the Treasury addressing the Senate Finance Committee

United States big banks should be charged a fee to pay for bailouts as it will make them less prone to reckless lending, US Treasury Secretary Timothy Geithner told lawmakers as he sought support for the proposal.

Tuesday, May 4th 2010 - 04:15 UTC

Seafood Prices May Rocket Due to Louisiana Oil Slick; Ten Day Fishing Ban In

Louisiana’s sea food industry supplies one third of US oyster production

United States officials have announced a ban on fishing for at least ten days in waters off Louisiana spanning to parts of the Florida panhandle as the oil slick from a leak spreads across the Gulf of Mexico. Rough weather conditions are complicating crews’ efforts to contain the oil slick.

Monday, May 3rd 2010 - 20:18 UTC

United/Continental Merger Create the World’s Largest Airline

Continental's chief executive, Jeff Smisek, will be the merged companies CEO

Two US-based airlines, United (NASDAQ: UAUA) and Continental (NYSE: CAL) are merging in a 3.1 billion deal, creating the world's largest airline. The combined firm will have nearly 700 planes, 88,000 workers, and fly to 370 destinations in 59 nations.

Monday, May 3rd 2010 - 02:48 UTC

Tens of Thousands March Across the US to Protest Arizona’s New Immigration Bill

Archbishop of Los Angeles, Catholic Cardinal Roger Mahony and singer Gloria Estefan were among the speakers of May first

Tens of thousand of demonstrators marched in over 70 cities across the United States Saturday to protest a new immigration law in the state of Arizona. The law is aimed at those who have entered the country illegally, but critics say it will lead to ethnic profiling of Arizona's Hispanics.

Saturday, May 1st 2010 - 08:08 UTC

As BP Oil Spill Advances; Florida Declares State of Emergency

Experts have been unable so far to cap the ruptured underwater well

State of Florida Governor Charlie Crist declared on Friday a state of emergency in coastal counties because of the threat from the oil spill in the Gulf of Mexico.

Saturday, May 1st 2010 - 07:38 UTC

Under the Banner “We Are All Arizona” Thousands will Protest May First in the US

Massive peaceful rallies are anticipated in 70 cities

The United States immigrant community will be taking to the streets on Saturday May first—International Workers' Day—in 70 cities to demand migration reform and to protest an Arizona law which criminalizes illegal immigration.

Saturday, May 1st 2010 - 03:50 UTC

Lab Production of Green Hamburgers is “No Longer Science Fiction”

Jason Matheny from New Harvest, one of the sponsors of the new technology

The lab production of meat without the need of slaughtering animals is no longer science fiction and could be producing “green” hamburgers in less than ten years according to the list of Time Magazine fifty main inventions of the year.

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