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...

RBS eyes Australian assets sale

Royal Bank of Scotland (RBS) is looking to sell the Australian and New Zealand operations of ABN Amro - the Dutch bank it bought last year." Last month, the Edinburgh-based company raised £12bn after selling shares...

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...

More troops died in Afghanistan than Iraq in June

One of the down sides to the military surge in Iraq, which has been heavily reported on in the UK for the last few weeks but hasn't yet been given much attention in the US, is that it has diverted a huge number of...

Newspapers, reeling from slumping ads, slash jobs

Too much of news happening around but bad news for newspapers themselves. American newspaper industry is undergoing most difficult phase in the business. One of the biggest American publisher Tribune Co. is going to...

Crisis looms for airlines

For anyone who has been paying attention, the perils of peak oil have been obvious for some time now.  But if you think you're getting pinched at the pump imagine what it must be like to fuel up a 747? ...

Saudis Run out of $50.00 a Barrel Oil, Find New Reserves of $150.00 A Barrel Oil

OpinionBarry Artiste, Now Public ContributorSeem since President Bush's visit to Saudi Arabia to get the Saudi's to increase oil output failed last month, it seemed because the Saudi's ran out of $50.00 a barrel...

Vodka now Britons' favourite spirit

Britons are deserting their old favourites and embracing new drinking habits. Vodka sales have gone up in Britain. " Sales of vodka are on the increase, knocking Scotch off the top spot as Britons' favourite spirit,...

Democrats introduce bill to outlaw Pentagon propaganda

"Last April, the New York Times revealed that retired officers serving as military analysts on television news shows had regularly been briefed by the Pentagon and supplied with pro-war and pro-administration talking points.The program was "temporarily suspended" by the...

More Trouble to Come in the Airline Industry

In the past months, almost 25 airlines have gone bankrupt and it seems that it won't stop there.  "The global airline industry is taking a beating these days -- it could lose as much as $6.1 billion this year --...

OIL, IEA Paris predicts new world energy order 2030

Oil demand shifts to India, Middle East,with china doubling oil consumption by 2030;CO2 pollution up, take a breath oxygen down.Air France-KLM 9 % down, fear of consolidation     " The...

Media military analysts on Pentagon payroll, but the networks refuse to repor...

This is yet another reason why a free and open internet utilized by citizen journalists and active bloggers is so important to the flow of information. When the press refuses to spread stories like this one then it is up to us to do so."Since The New York Timesreported on...

Best Buy enters Europe with Carphone retail deal

Best Buy, the world's biggest electronics retailer, is set to take on Europe. They are paying $2.1 billion for half of Britain's Carphone Warehouse chain to break into the European consumer market."The deal creates a...

Amid Talk of the End and Boos From the Crowd, Clinton Carries On

Wow, tough crowd for Clinton in West Virginia. It will be interesting to see how long she stays in now that conventional logic remains that her candidacy is over."Senator Hillary Rodham Clinton’s greatest gift may...

US jobs data ease economy fears

latest US Job figure have quelled the fear of recession and analysts are not predicting a recession any more. job figures have shown less job cut than expected thus signaling an improved economy." US job figures have surprised Wall Street, falling less than expected and...

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