l investments, renewable energy use has nearly doubled, and thousands of Americans have jobs because of it. When Bryan Ritterby was laid off from his job making furniture, he said he worried that at 55, no one would give him a second chance. But he found work at Energetx, a wind turbine manufacturer in Michigan. Before the recession, the factory only made luxury yachts. Today, it’s hiring worker…
Bank of America Corporation announced today that it reached an agreement to sell 50,000 shares of Cumulative Perpetual Preferred Stock with a liquidation value of $100,000 per share to Berkshire Hathaway, Inc. in a private offering. The preferred stock has a dividend of 6 percent per annum, payable in equal quarterly installments, and is redeemable by the company at any time at a 5 percent premi…
rowth this year would be led by Panama – at 9.5% – and Haiti, which is expected to expand by 6% this year. Bolivia, Chile, Costa Rica, Nicaragua and Venezuela are expected to grow by about 5%. Mexico will expand by 4%. Paraguay will be the only country to shrink, by 2%, it predicted. ECLAC said the Caribbean sub-region would grow by 1.6%. …
…they come home. That’s why we do this. That’s what politics can be. That’s why elections matter. It’s not small, it’s big. It’s important. Democracy in a nation of 300 million can be noisy and messy and complicated. We have our own opinions. Each of us has deeply held beliefs. And when we go through tough times, when we make big decisions as a country, it neces…
ared with the previous quarter, while national defence spending rose by 13%. The Commerce Department said there was a jump in personal consumption as well. A drought in the US, which was the worst for 50 years, cut farm output and took 0.4 percentage points off the GDP figures, the Commerce Department said. With more than 20 million Americans unemployed and a huge public deficit, the economy has b…
endence Day in the US. A much larger version is already kept in the Library of Congress in Washington DC. It was given to the United States as a gift by German Chancellor Angela Merkel in 2007 to mark 500 years since the naming of America. It is thought that Waldseemueller, a prominent 16th century map maker, used information from accounts of early transatlantic voyages to form a picture of Americ…
…e their customers. After Bank of America announced their debit card fee, Navy Federal Credit Union, the nation’s largest credit union, reported their volume of new account openings was more than 20% above normal. Bank of America had planned to start charging customers next year. Banks began crafting the monthly charges to make up revenue lost to a law that slashes the fees they charge retail…
…addafi, blood splattered on his face and soaking his shirt after he was dragged from the pipe. The controversy delayed Muammar Gaddafi’s burial which under Islamic custom is meant to take place within 24 hours of death….
…said the Church was the “guardian and promoter” of Latin and that a good understanding of it was more important than ever. The Church officially abandoned the use of Latin in Masses in the 1960s. But Pope Benedict has taken steps to make it easier for priests to say Mass in Latin, rather than their local language, if their more traditionalist congregations demand it. Issuing his decree…
) and in 1998 ran for president. Venezuela’s President Hugo Chávez was born in 1954 and is a former Army Lieutenant Colonel President: Chávez was elected in a landslide at the end of 1998, racking up 56% of the vote. Taking office in February 1999, he quickly began implementing aspects of his “Bolivarian” brand of socialism. Clinics were set up for the poor, construction projects were approved an…
e mall construction on the 4.2 million square foot cost about $650 million. Mall of America, Minnesota When the doors were opened , the shoppers and visitors could spend their money in more than 500 stores, eat at one of the 50 restaurants and enjoy the nation’s largest indoor theme park. The statistics show that more than 5,500 couples from around the world have exchanged vows at the…
rtgages and income from trading in the fixed income, currency and commodities markets were both lower. The weaker underlying performance sent the company’s shares lower on Wednesday, ending down 4.7%. The bank’s chief executive, Brian Moynihan, said he was pleased with its performance: “Our strategy of connecting our customers to all we can do for them is working.” Bank of…
…o Franco, who replaced Fernando Lugo as president, denied that Lugo’s removal from office was a coup. In his first news conference, Federico Franco said there had been no break with democracy. A 39-4 vote in the Senate on Friday saw Fernando Lugo impeached, in a case stemming from his handling of clashes between farmers and police last week in which at least 17 people died. Earlier, Argentin…
Google has decided to base its first Latin American data centre in Chile, near the capital Santiago. The computer server base is expected to cost $150 million and will employ up to 20 people, Google said. Google said it chose Chile because of its reliable infrastructure and skilled workforce. The country has been trying to become a tech hub, with initiatives such as Start-Up Chile attracting entr…
…he problems, the agency quoted him as saying. The Pentagon report also criticizes a “lack of transparency” in China’s military modernization programme and defense spending. “In 2012, numerous computer systems around the world, including those owned by the US government, continued to be targeted for intrusions, some of which appear to be attributable directly to the Chinese…
n, privacy and security. Worldwide authorities made 1,789 requests for Google to remove content, up from 1,048 requests for the last six months of 2011. In the period from January to June, Turkey made 501 requests for content removal. These included 148 requests related to Mustafa Kemal Ataturk – the first president of Turkey, the current government, national identity and values. Others incl…
office, and there are still 23 million Americans struggling for work.” The number of jobs created in the previous two months was revised upwards, with an extra 34,000 jobs added in September and 50,000 added in August. Despite the new jobs, Barack Obama will still go to the polls with the highest rate of unemployment of any president seeking re-election since Franklin D. Roosevelt. But the r…
…s of America officials didn’t call authorities after Rick Turley admitted molesting three boys and welcomed him back as a leader even after he kidnapped a boy in a stolen plane. Rick Turley, now 58, said he is surprised at how many times he got away with it. An investigation has found that Rick Turley molested at least 15 children in Southern California and British Columbia over 20 years, mo…
…insurance, the authors say. Generally homeowners pay less than persons who do not own their homes. People with low education, with less skilled occupations also have to pay more. For them premiums are 40% higher, according to a 2006 study cited in the report. The prices also rise when it comes to drivers with a flawed or a thin credit history, or to persons who had a coverage with lower limits on…
…; He added: “What did Romney do? Romney said, <<No, let Detroit go bankrupt>>.” Joe Biden also unleashed a broadside against Mitt Romney’s recently publicized comments that the 47% of Americans who pay no federal income tax are dependent on government, consider themselves victims, and should take responsibility for themselves. “I’ve never met two guys who are mo…
he Commerce Department’s latest figures showed the US economy shrank by 4.7% from the start of the recession in 2007 until it ended in 2009. It had earlier been thought the economy contracted by 5.1% over that period. Separately, in its twice-yearly review, the White House revised down its forecast for growth in 2012 to 2.3% from 2.7%, and in 2013 to 2.7% from 3%. “The economy continue…
in a simple ceremony at the hospital. Danica May Camacho was born two minutes before midnight and arrived to a celebratory cheer at the packed Government-run Jose Fabella Hospital in Manila. Weighing 5lbs 5oz (2,5 kg), Danica May Camacho was delivered amid an explosion of media flash bulbs in the delivery room at Manila’s Jose Fabella Memorial Hospital. Danica May Camacho, born in Philippi…
recession. Last week, an EU report forecast that Greece would end years of recession in 2014 with growth of 0.6%, in line with an earlier forecast by the IMF. Following what the IMF forecast will be a 4.6% contraction of the economy this year, the Fund warned that attempts to “artificially” stimulate growth should be resisted….
natural systems catches up with us.” According to Under-Secretary-General of the United Nations, Dr. Noeleen Heyzer, the 7th billion child of the world has a better chance of surviving past the age of 5 than 10 years ago. The life expectancy for both women and men has also increased in every Asian and Pacific country during the last 10 years, Dr. Noeleen Heyzer added In 2011, the pace of developme…
e dividends that insurers receive from U.S. companies incur an effective tax rate of 14.175%. For Berkshire, that rate will apply to dividends it receives from Bank of America. Warren Buffet injects 5 billion in Bank of America These moves are great news for the bank’s workers and shareholders, also as for the U.S. taxpayer, which will probably be around the hook if Bank of America’…
Michelle Obama debuts her new longer hairdoMichelle Obama debuted her new longer hairdo on Friday during her commencement address at Bowie State University. The First Lady, who admitted last month that her bangs were…
Rihanna sues Topshop for $5 million over using pictures of her on T-shirts without her permissionRihanna says she will sue Topshop after claiming they sold T-shirts with her face on it without asking permission. Rihanna's team is said to have told the British high…
Ireland Baldwin displays tan lines in backless topIreland Baldwin shared a picture with her Twitter followers on Friday showing a white bikini line running across her pink back. Ireland Baldwin, 17, accompanied the snap, in…
Kim, Khloe and Kourtney pose in angelic white for latest Kardashian Kollection promoKim, Kourtney and Khloe Kardashian's sibling rivalry appears to have moved over into their work life, with the trio posing up for a joke catfight in a new image from their…
Miley Cyrus make-up malfunction at Maxim Hot 100 Party Miley Cyrus had a visible layer of white powder around her chin after suffering a make-up malfunction while glamming up to celebrate her title as Maxim's hottest woman at the…
Ireland Baldwin poses with live starfish on a beachIreland Baldwin's latest series of Twitter pictures show the teenage model with three live starfish placed on her while she reclines on a beach. Ireland Baldwin, 17, is seen…
Rome: Thousands rally to oppose Italy’s austerity measures
Michelle Obama debuts her new longer hairdo
Ariel Castro’s three dogs found in better health than his victims
Real Housewives of Miami: Adriana de Moura marries Frederic Marq wearing a grey wedding dress
Beyoncé posts defensive note amid pregnancy rumors
US Airways flight makes belly landing at Newark Airport
Rihanna sues Topshop for $5 million over using pictures of her on T-shirts without her permission
Raha Moharrak: First Saudi woman and youngest Arab reaching Everest summit
DSM-5: Controversial updates to mental health manual to be published
North Korea fires short-range missiles from its east coast
Recipe: Super slimming mushroom inspired meal
Mushroom diet: M-Plan promises to help women lose weight still keeping their curves
Photo: George Michael airlifted to hospital following car crash on M1 motorway
US criticizes Russia for sending missiles to Syrian government
Connecticut head-on train crash injures at least 60 people near New York City
Christoph Waltz: Man points gun at him and threatens to blow up studio with hand grenade during Cannes TV interview
Mariah Carey’s American Idol finale performance branded worst lip-sync of all time
Dick Trickle 911 call before suicide
Ireland Baldwin displays tan lines in backless top
Beyoncé is pregnant with second child, multiple sources confirm
Madeleine McCann case: Potential suspects identified by UK detectives
Cannes Film Festival 2013: $1 million Chopard jewels stolen from Novotel hotel room
Jorge Rafael Videla: Argentina’s former military leader dies in prison aged 87
Why do women’s feet swell during pregnancy?
Kim Kardashian squeezes her swollen feet into perspex stilettos
Fast Food: Advertisements vs. Reality
George Michael car crash: singer airlifted to hospital with head injury following motorway crash
Barack Obama makes U.S. Marine break military rules by holding an umbrella while in uniform
Dick Trickle suicide: Chuck Trickle says his brother suffered chronic and debilitating pain in his chest
Michelle Knight was Ariel Castro’s punching bag