Business News

Late surge pushes Gingrich to South Carolina victory

ABJ Jan 23 - It appears the momentum gained by former Speaker Newt Gingrich at the most recent GOP debate carried through to the polling stations. When the final vote was tallied in this past weekend's South Carolina primary, Gingrich walked away with more than ...
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Rick Perry drops out of GOP race, endorses Gingrich

ABJ - January 20 - And then there were four. In the latest twist and turn from the Republican Party race in its bid take down President Barack Obama, Texas Governor Rick Perry has withdrawn from the race. The ...
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TransCanada to re-apply for Keystone permit

ABJ - January 19 - TransCanada Corporation announced that it has received the U.S. Department of State's decision that the Presidential Permit for Keystone XL has been denied. "This outcome is one of the scenarios we anticipated. While we are ...
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Kraft anticipates strong finish in fiscal year

ABJ - January 18 - Kraft Foods Inc. reported that strong fourth quarter sales will lead to strong fiscal 2011 results, consistent with the company's previous outlook. "We finished 2011 with strong business momentum in each of our geographies," said Irene Rosenfeld, ...
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Both import and export prices down in December

ABJ - January 17 - U.S. import prices edged down 0.1 per cent in December, according to the U.S. Bureau of Labor Statistics, after rising 0.8 per cent the previous month. In December, declining prices for fuels more than offset a 0.1 ...
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Huntsman quits GOP race, endorses Romney

ABJ - January 16 - Former Governor of Utah Jon Huntsman is the latest candidate to withdraw from the race for the Republican nomination, according to reports. Following primaries in Iowa and New Hampshire, Huntsman held just two delegates, winning both in New Hampshire, ...
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Polls project Romney win in South Carolina primary

ABJ - January 13 - According to a poll by RealClearPolitics, the South Carolina primary on January 21 will see former Governor of Massachusetts Mitt Romney capture his third consecutive victory in a bid for the Republican Party nomination. In South Carolina, Romney leads ...
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Keystone a job creator, TransCanada says

ABJ - January 12 - TransCanada Corporation has released further details highlighting the thousands of jobs Keystone XL would create for Americans. The $7 billion oil pipeline is the largest infrastructure project on the books in the U.S. right now. It ...
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Romney wins New Hampshire, Paul finishes second place

ABJ - January 11 - As the polls indicated, Mitt Romney, the former Governor of Massachusetts, was the favourite to win the New Hampshire primary, inching closer to the 2012 Republican Party nomination. When the votes were tallied, Romney did in fact win New ...
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Roadmap to strengthen U.S. competiveness

ABJ - January 10 - The U.S Department of Commerce has delivered to Congress a comprehensive report on The Competitiveness and Innovative Capacity of the United States. The report serves as a call to arms, highlighting bipartisan priorities to sustain and promote American innovation and ...
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