Chrysler, the third largest carmaker in the US, will reportedly be soon paying the bailout money it got from the US and Canada during its near-ruin in 2009. According to the Agence France-Presse and The Associated Press, the company will be tapping on money from institutional investors to rid itself of all connections to the [...]
Apr 29 2011 | Posted in
Business |
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A 6-year-old boy in the US harmed himself and two other kids at his kindergarten school after a gun he brought with him accidentally went off, various reports say. The unnamed boy reportedly brought to Betsy Ross Elementary School a Kel-Tec 9 millimeter gun which went off after he tried to cock it, local reports [...]
US President Barack Obama said at Reno, Nevada on Thursday that a team at the Justice department will be looking into gas prices. According to the president, the team will try to “root out” fraud and manipulation in the gas industry to try and pinpoint if some individuals or businesses are taking advantage of the [...]
US President Barack Obama will host a webcast from Facebook’s headquarters in San Francisco this Wednesday afternoon, the White House has revealed. The webcast will be a platform for Obama to layout his plans, which includes increased taxes to be levied on the nation’s richest people, in the government’s fight against a growing budget deficit. [...]
Standard & Poor’s has signified that the credit rating of the US may be downgraded if the country fails to control a burgeoning budget deficit within the next couple of years. The news comes after the revered ratings agency downgraded the outlook for the US credit rating to negative, threatening a downgrade of the current [...]
Indra Nooyi, Fortune Magazine’s most powerful woman businesswoman since 2006, has called on politicians in the US to set aside differences and instead focus on uplifting the world’s largest economy. In an interview aired by CNN on Sunday, the PepsiCo CEO said that the US needs to start somewhere and that could be done by [...]
Though times may be tough, pet owners in the US continue to spend more on their pets. According to a study done by the American Pet Products Association (APPA), pet owners in the US cite companionship, love, stress relief and exercise among other things that keep them spending more on their loved pets even though [...]
US President Barack Obama revealed at an address in Georgetown University in Washington on Wednesday what he called a new goal for the country’s energy policy. The president said that the US should cut its oil imports by a third by 2025 in an effort to mitigate the effects of instability in oil producing regions [...]
In what might be an example of the sentiments of Libyan locals of the international community’s intervention in the country, reports say that a US pilot was warmly received by locals after the fighter jet he was piloting crashed. Reports say that the pilot was surprised early Tuesday after locals warmly received the unexpected guest, [...]
According to a paper entitled “What the U.S. Can Learn from the World’s Most Successful Education Reform Efforts,” better teachers will improve the performance of students, which has long been rated average, despite the US’ being a wealthy nation. The study which analyzed data from achievement tests of achievement tests of students aged 15 years [...]