Print2online CMS 4.0 http://www.abjusa.com/ ©2007 CBJ http://www.abjusa.com/files.php?file= http://www.abjusa.com/ http://www.abjusa.com/business_news/health_outlays_continue_to_rise.html Business News Thu, 09 Sep 2010 13:10:00 -0400 ABJ Sep 9 - Healthcare overhaul enacted last spring will not significantly change national health spending over the next decade, compared with projections before the legislation was passed, according to released government figures. The report casts fresh doubt on Democratic argument that the healthcare law would curb the increase of costs in the long-term. Meanwhile, American insurance corporations have http://www.abjusa.com/business_news/american_trade_deficit_narrows.html Business News Thu, 09 Sep 2010 13:09:00 -0400 ABJ Sep 9 - The trade deficit narrowed significantly in July as exports climbed to their highest level in nearly two years, reflecting big gains in sales of American-manufactured airplanes and other goods. The July deficit fell 14 per cent to US$42.8 billion, according to the Commerce Department, much lower than forecast by economists. Meanwhile, exports increased 1.8 per cent to $153.3 http://www.abjusa.com/business_news/bp_blames_oil_spill_on_bad_cement_job.html Business News Thu, 09 Sep 2010 09:57:00 -0400 ABJ Sep 9 - BP the company, whose explosion caused the world’s biggest Mexican gulf oil spill, has blamed contractors for the spill. The oil giant admitted to being partly at fault for April’s explosion, but also blamed other companies they were working with, naming the rig owner, Transocean and cement contractor Halliburtion. BP says a bad cement job is partly to blame as well http://www.abjusa.com/business_news/hp_sues_ex-ceo_hurd_after_taking_oracle_job.html Business News Wed, 08 Sep 2010 11:48:00 -0400 ABJ Sep 8 - Hewlett-Packard is suing Mark Hurd, the CEO ousted last month, stopping him from taking a top job at rival Oracle Corp.The lawsuit came after Oracle hired Hurd as co-President in leading the database software maker's efforts to steal business from HP. HP claims that Hurd will not be able to perform his job at Oracle without violating a confidentiality agreement.Hewlett-Packard and http://www.abjusa.com/business_news/obama_s_recovery_plan_not_a_hit_with_economists.html Business News Wed, 08 Sep 2010 11:47:00 -0400 ABJ Sep 8 - U.S. President Barack Obama's proposal to jolt a stalled economic recovery with $180 billion worth of tax breaks and transportation projects left economists largely unimpressed."I don't think they're game-changers," said Mark Zandi, Chief Economist at Moody's Analytics. "I don't think they're going to add up to a lot of new jobs."The Obama administration plans to spark economic growth by allowing businesses http://www.abjusa.com/business_news/gold_prices_to_increase_by_2012.html Business News Wed, 08 Sep 2010 11:28:00 -0400 ABJ Sep 8 - Researchers say by 2012 gold prices could go up to $1,350 per ounce. ANZ Commodity Research analysts forecasted this rising prices and said an explanation for this could be because of the fall in primary gold mine supply that has to be made up by rising gold prices. "We expect the supply response to be greatest from struggling economies in Western http://www.abjusa.com/business_news/chevron_obtains_interest_in_pearl_river_mouth_basin_exploration_.html Business News Wed, 08 Sep 2010 11:28:00 -0400 ABJ Sep 8 - Chevron’s China subsidiary has received approval to acquire three exploration blocks in the Pear River Mouth Basin of the South China Sea. “Participating in the exploration of this prospective deep water basin furthers our strategy to grow our business in China and the Asia Pacific region,” Chevron Vice Chairman George Kirkland said to press. The blocks cover approximately 8,100 square miles. http://www.abjusa.com/business_news/obama_to_push_for_tax_break.html Business News Tue, 07 Sep 2010 12:01:00 -0400 ABJ Sep 7 - U.S. President Barack Obama is set to propose that companies be allowed to more quickly write off 100 per cent of new investments in plants and equipment through 2011. The proposal tops a list of other announcements, from a proposed expansion of the research and experimentation tax credit to $50 billion in additional spending on roads, railways and runways. http://www.abjusa.com/business_news/obama_unveils_50_billion_six-year_job_program.html Business News Tue, 07 Sep 2010 12:00:00 -0400 ABJ Sep 7 - U.S. President Barack Obama has unveiled a $50 billion plan to expand and repair roads, railways and airports in an attempt to boost economic confidence, a measure to prevent a big blow to the Democratic Party at the upcoming congressional election. The plan is one of several economic initiatives Obama is set to unveil this week. Obama proposed building http://www.abjusa.com/business_news/no_oil_leakage_found_in_mariner_energy_s_platform.html Business News Mon, 06 Sep 2010 13:08:00 -0400 ABJ Sep 6 - Government inspectors on Friday did not find any oil leakage from Mariner Energy’s platform that caused an explosion and burning in the Gulf of Mexico, according to the U.S. Interior Department. The department's Bureau of Ocean Energy Management, Regulation and Enforcement said to press, "Inspectors have reported no sign of pollution coming from Mariner Energy Resource's Vermilion 380 platform The American Business Journal