Honda hits record quarter with new markets

The news comes a day after Ford posts its larger quarterly loss ever. Speculators say that consumers are buying more fuel effecient and most of the demand is coming from Asia and Brazil, while there is a decline in...

Pelosi: Bush 'a total failure'

Congresswoman, Nancy Pelosi breaking Mr. Bush heart with her comment..."House Speaker Nancy Pelosi called President Bush "a total failure" on Thursday, among the California Democrat's harshest assessments to date of...

India: Inflation touches new high of 11.91%

" NEW DELHI: The annual inflation rate climbed to 11.91 per cent for the first time in more than 13 years in early July, driven by higher costs of commodities and strong demand in the economy. This is a quarter per cent jump week on week. ( Watch ) The fuel, power and...

NASA rolls out new shuttle launch schedule

"NASA unveiled a new launch schedule today that calls for eight shuttle missions in 2009 and 2010 and 10 overall before the nation's three-orbiter fleet is retired.The last of the missions now is slated to launch May 31, 2010 -- which would leave enough time to launch an...

McCain Pledges Balanced Budget by end of First term

PHOENIX – Senator John McCain is pledging once again to balance the budget by the end of his first term in 2013, his advisers said Monday, reverting to an earlier pledge he had abandoned in April when he proposed a...

Starbucks is Closing Stores - Now Only 3 on Every Block

These guys are going to have the worst real estate problem in the US...."Starbucks Corporation (NASDAQ: SBUX) has announced the next step in its multi-faceted plan to transform the company, with a decision to...

HP buys EDS for $13.9 billion

Announced this morning, Hewlett Packard is set to buy EDS at a price of $25.00 per share - around 13.9 billion in value. "The terms of the transaction have been unanimously approved by the HP and EDS boards of directors. The transaction is expected to close in the second half...

Libertarian Bob Barr to run for US president

The former US congressman has said he will run for the US presidency on the Libertarian Party's ticket.It will be interesting to see if his candidacy has an impact on the Republican or Democratic contenders: as we've...

US crackdown slowsdown Mexican migrants

"The sandy streets of Sasabe are empty. Migrant smugglers have to hunt for business at border-town shelters. Deported migrants give up after one try, taking their government up on free bus rides home. A U.S....

US military recruits more ex-cons

The U.S. Army has doubled its use of 'moral waivers' for enlisted soldiers over the past year as the demand for more soldiers reaches a high because of teh Iraq War troop surge. The army is now allowing sexoffenders,...

Ubisoft's Rainbow Six Vegas 2 Sells Over 2 Million: A Review

Tom Clancy must be worth a fortune. Not only does he have some major best sellers and multiple movies behind him, he's got his name attached to one of the best selling games of all time.Ubisoft's Rainbow Six Vegas 2,...

News & Media

"News Release National Railroad Passenger Corporation 60 Massachusetts Avenue NE Washington, DC 20002 www.amtrak.com FOR IMMEDIATE RELEASE ATK-08-015 Contact: Media Relations (202) 906-3860 March 3,...

Senate, House approve fiscal 2009 budget plans

"WASHINGTON (Reuters) - The U.S. Senate passed a budget plan on Friday to eliminate the federal deficit by 2012 while spending more than President George W. Bush wants on domestic programs like schools and roads. After a 15-hour debate that began on Thursday, the Senate...

Latest Walk-Away: Toll Brother Family Member

"One of the Toll family members decided to walkaway from a condo purchase: "Luxury builder Toll Brothers Inc (TOL), hurt as many buyers to try to get out of contracts for new homes amid falling prices, says a member of its founding family is trying to walk away from an...

Logitech books profit drop on investment dealing

"Swiss computer equipment group Logitech on Tuesday announced a fourfold decrease in its second quarter net profit for the 2007-2008 fiscal year to 11.5 million dollars (eight million euros), due to investment dealing. The company said in a statement that it had recorded a...

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