There was disappointment as profits on Boeing Co fell and it experienced a weaker 2011 earnings than expected. The reason for the fall is attributed to the costs of higher pensions and the imposition of defense spending cuts as well as delays caused to the 787 Dreamliner. This has resulted in the shares coming down [...]
Yes, the New Year is here and we are all looking into the possible holiday destinations for this year. One thing that worries most of us middle class people is the increasing inflation. So, if you spent $50 on your last vacation, you can probably spend only half of that this year. But all these [...]
All allegations relating to the Prime Minister of Italy, Silvio Berlusconi have been denied as he maintained his innocence in regards to his sexcapades with a 17-year-old dancer, Ruby. There have been allegations by prosecutors regarding whether Mr. Berlusconi has been abusing his power by helping Ruby, get free from a police cell. However, he [...]
Facebook should be cautious when it comes to the adoption of security measures for the protection of its users on the popular networking site. According to the experts that are in the security company called Sophos, it has been observed that there is an increase in the number of Facebook applications that are not monitored [...]
President Hamid Jarzai has decided to scrap a probe into whether he had committed any type of election fraud as he decide to bow to the pressure caused by Afghan lawmakers. As the lawmakers set aside a demand for the president Karzai has decided to abandon his decision of delaying the opening of the assembly [...]
There has been a strict warning issued by the local meteorological department in Brisbane, Australia in regards to the recent flooding. According to the meteorological department, the city of Queensland is expected to receive even more flooding that will still continue to drown out most of the towns and districts in the area. According to [...]
Toyota recalled almost 1.7 million cars across the globe on Wednesday for the potential fuel leaks. The most recent in a large number of quality troubles can further blemish the organization’s status in the United States. The recalls are generally in Japan that includes Lexus IS and also GS luxury sedans which were sold in [...]
Steve Jobs, the CEO and president of Apple computers, has announced that he is taking medical leave from the company. According to an e-mail recently forwarded to the entire staff at Apple, Steve Jobs has stated that he would be taking a break from work so that he can concentrate on his health. Although he [...]
A new Associated Press-GfK poll reported today that more than fifty percent of the country does not agree with President Obama’s strategies to combat high unemployment as the president continues to focus on job creation via business friendly policies emphasizing innovation and exports. At the midpoint of his four year term, President Obama paid a [...]
According to a Washington Official super powers USA and China have entered into a pact where the former has signed an export deal with the latter at $45 bn (£28bn). One unique part of this deal includes China’s purchase of a 200 Boeing aircraft. This step comes in the midst of an official state visit [...]