Archive for the Category ‘Business’

Govt report says California registers lower homicide rate in 2010

Govt report says California registers lower homicide rate in 2010

According to a report by California homicide rate in the state has declined appreciably by7.8 percent in 2010 due to reduction in crime and improvements in administration. This is lowest homicide rate in the state so far since 1966. California is the most populous state of the United States, however due to high crime rate–4.7 [...]

Chinese manufacturing slump overshadows US stocks

Chinese manufacturing slump overshadows US stocks

Due to a slump in Chinese manufacturing activity, which was in its’ weakest level in three years, saw U.S.S&Ps stock futures losses to more than 1 percent on early Wednesday morning. At around 2:30a.m GMT, futures were down by 1.2 percent, which added to the misery after a downward revision of U.S. growth data raised [...]

Americans cheer with added 103,000 Jobs

Americans cheer with added 103,000 Jobs

The United States reduces unemployment to cheer its citizens by reaching 103,000 jobs in September. Despite the dark predictions about further negative impacts of recession on American economy, Obama administration can boast to defy all by this added employment. However, the addition in jobs has not changed the current unemployment rate, which remains on its [...]

Reps Cautioned Obama on Job Situation

Reps Cautioned Obama on Job Situation

Congress woman on the platform of Democrat party has criticized President Obama on job situation in the country. The law maker advised the president to go down to the state and local levels to see the pains and sufferings the people are going through as a result of job situation in the country. The congress [...]

Android Tablets achieves 20 Percent share in market

Android Tablets achieves 20 Percent share in market

In the global market of omputer industry Android media tablets have paved their way to speedy growth by attaining greater market share. In comparison to its competitor ipad, Android tablets are soon going to give tough competition to leading brand of Apple too. Android-based media tablets and other products have swept 2o prcent of market [...]

US Senate gears up to review bill on Oil pipeline

US Senate gears up to review bill on Oil pipeline

The US House of Representatives has approved proposed $7 billion pipeline The Democratic government has moved forward to set a deadline for the pipeline that will bring Canadian oil sands crude to the United States . The bill received 279-147 votes in its favor and this eventually pressurizes the state to allow transport of Canadian [...]

US administration paces up to resolve debt fight

US administration paces up to resolve debt fight

Count down for saving itself from debt default has already started for the Obama administration.The Congress is fighting fiercely  in the weekend session on Capitol Hill to save the United States from another aftermath of economic crunch. The GOP-led House approved the bill seeking for increasing borrowing limit for the US economy from the previous [...]

US Senator supports reform in sale tax for online transactions

US Senator supports reform in sale tax for online transactions

The debt-crisis driven US economy seeks for earning from  taxes from online transactions  and that too in billions! A senator presents a bill on Friday that claims to seek solutions for the giant financial crunch that the US economy is fighting with, by earning from nothing. The United States is to lose an additional $10 [...]

Obama administration fail to free US from debt

Obama administration fail to free US from debt

The United States is failing to break through its debt deadlock. The US Federal Reserve is now gearing up to provide new guidelines to American banks to save themselves through resurging recession.In case the country fails to revamp its borrowing capacity, all the banks would face hard time to survive through tough waters. Fed spokeswoman [...]

States Revenues Increases as gaps Budget remain

States Revenues Increases as gaps Budget remain

As the financial year in the United States of America ended reports that emanated from the states indicated that the revenue of most of the states increased but the problem of gap in budget was an issue in many of the states. The financial position was released on Monday. The report that was released by [...]

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