Business Archive

Protection for Holiday Makers Set to Increase

Wednesday saw a stir in the travel industry as Sussex-based tour operator, Holidays 4 UK, which specialised in trips to Turkey, collapsed into administration. Meanwhile the chief executive of Thomas Cook, which owns ski operator Neilson, stepped down following a drop in shares of nearly 50 per cent since the company issued a profits warning [&hellip

Read More...

Money Fund Assets Fall To $2.568T In Latest Week

Total U.S. money market mutual fund assets fell $65.84 billion to $2.568 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday. Assets of the nation’s retail money market mutual funds rose by $11.41 billion to $930.85 billion, while assets of institutional money market funds fell $77.25 billion to $1.637 trillion, the Washington-based mutual fund trade group said Thursday

Read More...

Wall Street Wave Bites Sensex, Markets Tank Over 400 Points

It is a bloodbath on D-street. The markets took a big knock following a crash in global markets on fears of the world’s largest economy—US seeing another recession despite the recent increase in debt limit. The 50-share NSE Nifty was struggling to hold the 5200-levels. It was trading at 5,199, down 131 points and the [&hellip

Read More...

Wall Street Numbers Plunge

The closing bell couldn’t come soon enough on Wall Street Thursday, as the market took a huge dive. The numbers tell the story – investors could only watch as the Dow Jones plunged more than 500 points. The dramatic drop has investors full of questions

Read More...

After Bruising Debt Battle, Obama Pivots to Jobs

  WASHINGTON — Admitting a bruising debt-limit battle has likely hampered US recovery, President Barack Obama urged polarized lawmakers to help the job-hungry economy put out the “now hiring” sign. Stung by the bitter feud, Obama is eager to change the subject to economic growth and putting Americans back to work. “In the coming months,” [&hellip

Read More...

The Shape of Things to Come

Presently she stepped into the kitchen, and Sid, happy in his immunity, reached for the sugar-bowl?a sort of glorying over Tom which was wellnigh unbearable. But Sid fingers slipped and the bowl dropped and broke. Tom was in ecstasies. In such ecstasies that he even controlled his tongue and was silent. He said to himself [&hellip

Read More...

Stevens Real Legacy

Within two minutes, or even less, he had forgotten all his troubles. Not because his troubles were one whit less heavy and bitter to him than a man are to a man, but because a new and powerful interest bore them down and drove them out of his mind for the time?just as men misfortunes [&hellip

Read More...

Immigration law supporters rally in Arizona

PHOENIX — Hundreds of people supporting Arizonas new law cracking down on illegal immigration gathered near the state Capitol on Saturday as soaring temperatures were expected to hit 107 degrees. The Pennsylvania-based group Voice of the People USA organized the demonstration, which it touts as a grass-roots effort. Attendees came from every region of the [&hellip

Read More...

Lakers looking to get the low-down again in Game 3 against Celtics

The Lakers went away from their strength, 7-footers Pau Gasol and Andrew Bynum, in the fourth quarter of Game 2 loss. They say they intend to go back to trying to exploit their size advantage in the low post Tuesday in Boston. Reporting from Boston The Lakers were dominant down low, the Boston Celtics unable [&hellip

Read More...

Critics Notebook: Glee sings to a forgotten generation

Journey, Young MC and Cyndi Lauper. The show grooves to the 80s while turning stereotypes on their head. Finally, the music of tail-end boomers is heard. still till she asked who did the mischief; and then he would tell, and there would be nothing so good in the world as to see that pet model [&hellip

Read More...