Business News
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 ...
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 ...
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
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. ...
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 ...
