Southwest Airlines to Be Charged a Fine of $12 million Over Issues Related to Repairs

Southwest Airlines to Be Charged a Fine of $12 million Over Issues Related to Re

On Monday the Federal Aviation Administration (F. A. A.) said that it plans to charge a fine to Southwest Airlines. The amount would be close to $12 million which will be a fine for repair violations that were allegedly done on some of its Boeing 737 jets. The F. A. A cited some faulty repairs that the airline had done since the year 2006.

Zillow to Purchase Trulia; A Merger That Will Create a Real Estate Giant Listing Website

Zillow to Purchase Trulia; A Merger That Will Create a Real Estate Giant Listing

On Monday, the leading website of online real estate listings, Zillow Inc announced that it plans to buy Trulia, its main rival, for an amount of $3.5 billion in stocks.

More than One Third of Americans Debt Offenders

More than One Third of Americans Debt Offenders

On Tuesday a study from the Urban Institute that analyzed the credit files of about 7 million Americans said that more than one third of people in the U. S are in trouble s soon as the issue boils down to paying their debts on time. It says that 35 percent of American citizens have debt in collections.

Video Shows Baby Turtles Heading to Sea

Video Shows Baby Turtles Heading to Sea

A video has been broadcasted online after being recorded by a webcam, showing nearly 100 baby loggerhead turtles heading to the Atlantic Ocean. The video is released to create awareness among people to protect loggerhead turtles that are considered threatened or endangered in Florida.

Bear Stearns, Alan 'Ace' Greenberg, dies at 86

Bear Stearns, Alan 'Ace' Greenberg, dies at 86

Alan C. 'Ace' Greenberg died on Friday at Mount Sinai Hospital in New York due to complications arising from cancer. He was 86.

He was the one to transform a insignificant bond shop into the fifth-largest U. S. securities firm as a chief executive officer of Bear Stearns Cos. The form collapsed in 2008 as a result of one of the major events of the global credit crisis.

Former U.S. official Says President Obama Could Restrain Corporate 'Inversions' On His Own

Former U.S. official Says President Obama Could Restrain Corporate 'Inversions'

On Monday, a senior former U. S. Treasury Department official said that President Barack Obama even without congressional approval could act to curb a major incentive that encouraged the U. S. corporations to shift their tax bases overseas in supposed "inversion" deals.

As U.S. Stocks Ascend, NYC Pension Funds Report 17.4% Returns on Investments

As U.S. Stocks Ascend, NYC Pension Funds Report 17.4%  Returns on Investments

On Monday the comptroller's office said, five pension funds of New York City reported a 17.4 percent return on investment in the fiscal year that ended on ended June 30. Now the total value is a record $160.5 billion.

Britain Plans to Increase the Land That is Available for Oil and Gas Exploration

Britain Plans to Increase the Land That is Available for Oil and Gas Exploration

Since 2008 the British government for the first time plans to make a larger amount of land available for licensed oil and natural gas exploration.

Food Scandal in China, Parent Company to Investigate Matters

Food Scandal in China, Parent Company to Investigate Matters

Shanghai Husi a subsidiary of OSI Group of U. S based in Aurora has recently been the focus of major scandal related to food safety. The concern spread from China to Hong Kong and further to Japan. The allegations against it were that the supplier was supplying mixed meat products that some of which were fresh and some were expired.

Wal-Mart’s New Fix-it Man Has Never Worked in U.S Before

Wal-Mart’s New Fix-it Man Has Never Worked in U.S Before

On Thursday Walmart put Greg Foran, 53 from New Zealand in charge of Wal-Mart Stores. Inc.'s biggest division. It is a innovative choice on the company's part as he has never worked in the United States.

Latest News

Southwest Airlines to Be Charged a Fine of $12 million Over Issues Related to Re
Zillow to Purchase Trulia; A Merger That Will Create a Real Estate Giant Listing
More than One Third of Americans Debt Offenders
Video Shows Baby Turtles Heading to Sea
Bear Stearns, Alan 'Ace' Greenberg, dies at 86
Former U.S. official Says President Obama Could Restrain Corporate 'Inversions'
As U.S. Stocks Ascend, NYC Pension Funds Report 17.4%  Returns on Investments
Food Scandal in China, Parent Company to Investigate Matters
Wal-Mart’s New Fix-it Man Has Never Worked in U.S Before
Obama Steps Up Drive to Stop Tax Loopholes for  “Corporate Deserters”
Widening Quarterly Losses Pull Down Amazon Shares
New Zealand Once Again Raises Its Interest Rate Now to 3.5 Percent
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