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/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 http://www.abjusa.com/business_news/cost_growing_to_2b_bp_well_could_be_sealed_in_two_weeks.html Business News Fri, 03 Sep 2010 11:37:00 -0400 ABJ Sep 3 - According to BP, costs associated with the Gulf of Mexico oil spill have now hit $8 billion, with the oil giant also indicating that the well could be permanently sealed in about two weeks. While no new oil has escaped into the Gulf since July 15, BP must complete a relief well to permanently block the leak. BP hopes the http://www.abjusa.com/business_news/unemployment_rate_up_but_companies_added_67_000_jobs_in_august.html Business News Fri, 03 Sep 2010 11:36:00 -0400 ABJ Sep 3 - The American unemployment rate increased in August for the first time in four months, as weak hiring by private employers wasn't enough to keep pace with a large boost in the number of Americans seeking work. Companies added 67,000 jobs last month, down from July's revised total of 107,000, according to the Labor Department. Analysts had expected a smaller http://www.abjusa.com/business_news/rig_blast_causes_spreading_oil_sheen.html Business News Fri, 03 Sep 2010 10:18:00 -0400 ABJ Sep 3 - An oil sheen has started spreading from an explosion from an offshore petroleum platform in the Gulf of Mexico. The rig blast, operated by Mariner Energy Inc. took place just west of BP’s oil spill and has caused the 2km long oil sheen that fire fighting vessel have been trying to control. The Coast guard http://www.abjusa.com/business_news/obama_warns_of_challenges_at_start_of_mideast_peace_talks.html Business News Thu, 02 Sep 2010 10:19:00 -0400 CBJ Sep 2 - The decades-old quest for lasting Middle East peace begins new today with a warning from U.S. President Obama that "this moment of opportunity may not soon come again". Following Tuesday's killings of four Israeli settlers in the West Bank, and Wednesday's separate meetings between Obama and Israeli Palestinian leaders, the two adversaries will begin http://www.abjusa.com/business_news/stock_futures_creep_higher_with_job_data.html Business News Thu, 02 Sep 2010 10:17:00 -0400 ABJ Sep 2 - U.S. stock futures advanced slightly following a big drop in weekly jobless claims, data which continues to suggest a stalling employment recovery nationwide. Initial unemployment claims fell by 6,000 to 472,000 on the week, according to the Labor Department. Economists had expected the claims to drop to 470,000. New claims for the previous week were http://www.abjusa.com/business_news/obama_administration_denied_dismissal_of_drilling_lawsuit.html Business News Thu, 02 Sep 2010 10:14:00 -0400 ABJ Sep 2 - The Obama administration has been denied their motion to dismiss a lawsuit that stops a government-imposed halt on deep-water drilling in the Gulf of Mexico, by a federal judge this Wednesday 1 September. The moratorium started because of the April explosion of the drilling rig which killed 11 people and caused the horrific http://www.abjusa.com/business_news/u_s_private_sector_cuts_10_000_jobs.html Business News Wed, 01 Sep 2010 12:32:00 -0400 ABJ Sep 1 - American private employers unexpectedly cut 10,000 jobs in August compared to a 37,000 gain in July. A report from ADP Employer Services was delivered prior to a comprehensive governmental report illustrating the labour market, including both public and private sector employment. Economists refer to the ADP report to fine-tune expectations for the payrolls numbers, according to analysts. The American Business Journal