Philadelphia Herald
PhiladelphiaHerald.com Friday 19th March 2010 Volume 2747
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Gordon Brown says BA strike unecessaryGordon Brown says BA strike unecessary
The UK Prime Minister has put pressure on British Airways cabin crew to call off a series of...


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Surge in electric vehicle sales in USSurge in electric vehicle sales in US
The biggest rollout of charging stations is about to occur in eleven major US cities for the purpose of charging the new generation of electric cars from Nissan and General Motors, which are mooted to go on sale at the end of this...
Irish bank chief accused of fraudIrish bank chief accused of fraud
The former chairman of Anglo Irish Bank was taken in for questioning by Irish police on Thursday about alleged financial...
UK Chancellor pledges major cut in deficitUK Chancellor pledges major cut in deficit
In the UK, Chancellor Alistair Darling has pledged to cut the budget deficit by...
EU could be embarrassed by Greek requests for moneyEU could be embarrassed by Greek requests for money
Greece's financial prospects have taken another bad turn with suggestions that Athens might ask the International Monetary Fund for aid early next month if it cannot get a formal aid plan from the...
Scotland passengers expect meagre BA serviceScotland passengers expect meagre BA service
Scotland is expecting to be hit hard by the British Airways strike with flights to and from Scotland among the routes that will suffer from a three-day strike by British Airways cabin...
Customers say their Toyota's are still not fixedCustomers say their Toyota's are still not fixed
Some cars which have been repaired under the Toyota recall system have had questions raised about the effectiveness of the...
U.S. stocks mixed, blue chips advance, techs dip U.S. stocks mixed, blue chips advance, techs dip
While the Dow continues to work its way higher, the broader market was flat...
Apple announces sudden death of director York
Apple Inc has announced the death of one of its directors, Jerry...
New luxury apartments handed over in DubaiNew luxury apartments handed over in Dubai
A set of new luxury residences have been handed over to owners in...
Prostitutes paid out of Ponzi slush fundProstitutes paid out of Ponzi slush fund
A New Zealand investment banker has been jailed after spending millions of dollars of clients money on...
US stocks mixed on hopes of economic recovery, low inflation
Major US stock indices were mixed Thursday as government figures showed consumer prices were flat in February and a private research group's gauge of the economy signalled a slow but continuing...
British Stocks Get Surprise Lloyds Profit Boost
FILE - In this Tuesday, March 16, 2010 file photo, traders work on the floor of the New York Stock Exchange in New York. Stocks are trading in a narrow range Thursday, March 18, after a fresh batch...
Talks Between British Airways And Union Break Down, Strike To Begin At Midnight Friday
LONDON - A three-day strike by British Airways cabin crew affecting thousands of travellers is set to start at midnight Friday after last-ditch talks between the airline's management and union...
Oil Tumbles Near $80 A Barrel As Stronger Dollar Stalls Month-long Rally
NEW YORK - Oil prices dropped Friday, tumbling close to $80 a barrel as continued uncertainty about Greece's economy helped lift the dollar higher. Benchmark crude for April delivery dropped $2 to...
Microsoft Canada Opens Up To Help Fuel Local App Ecosystem In Vancouver
Microsoft is working with open government experts and developer Nitobi, to help make government data more easily accessible and useful for citizens. Leveraging the City of Vancouver’s Open Data...
Tech Stocks: Tech Sector Slips As Palm Shares Plunge
SAN FRANCISCO (MarketWatch) -- Most technology stocks edged lower Friday, as shares of Palm Inc. plunged after the handheld-device maker issued a weaker-than-expected revenue forecast. ...
Financial Stocks: Bank Stocks Stumble Again In Early Going
BOSTON (MarketWatch) -- U.S. banking shares traded lower again early Friday after stumbling the previous session as an upbeat outlook from Britain's Lloyds Banking Group failed to enthuse investors. ...
Biotech Stocks: A.p. Pharma Sinks; Medicines Co. Gains
BOSTON (MarketWatch) -- A.P. Pharma Inc. was the decliner of note in early trading Friday, with shares of the drug developer nose-diving on news that U.S. regulators have declined to approve its new...
Energy Stocks: Energy Stocks Extend Losses As Crude Weakens
NEW YORK (MarketWatch) - Energy stocks extended their losses on Friday, after retreating in the previous session, as crude oil prices fell on a stronger dollar and investors mulled fat supplies of...
Metals Stocks: Gold Lower In Early Trading Friday; Up For Week
SAN FRANCISCO (MarketWatch) - Gold and other metals futures sank on Friday on uncertainty about European Union financial support for Greece, which gave another boost to the dollar. Gold for...
Sports Direct Given Two-week Deadline For Blacks Approach
Sports Direct has been given a two-week deadline for its approach for Blacks Leisure. Photograph: Newscast Sports Direct has been given a two-week deadline to make a formal takeover offer for rival...
The North – Leading The House Price Boom
housing market economists aren't directly employed by a lender – have looked back over the past 10 years and the surprise conclusion is that the north has seen the biggest increase...
Ftse 100 Comes Off Its Best After Wall Street Weakness
An opening dip on Wall Street has taken some of the shine off the UK market, but the leading index is still trading at a 21 month high.With the Dow Jones Industrial Average down nearly 20 points,...
Coca-cola To Host ‘unity Cup’
Left to right: Dr. Mathews Phosa, chairperson of Special Olympics South Africa; Ephraim Mohlakane, chairperson of the Global Athletes Congress; Peter Franklin, firector of Worldwide Sports, The...
Aetna Raises Earnings Outlook; Keeps Profit Projections
  ] projects its first-quarter operating earnings will top the consensus analyst expectation of 66 cents per share, Chief Financial Officer Joseph Zubretsky told analysts on Friday in a brief...
Federal Reserve Must Disclose Bank Bailout Records
March 19 (Bloomberg) -- The Federal Reserve Board must disclose documents identifying financial firms that might have collapsed without the largest ever U.S. government bailout, a federal appeals...
U.s. Keeps Citigroup Names Secret On Harassment Fear
March 19 (Bloomberg) -- The U.S. Treasury Department refused to disclose names of Citigroup Inc. executives who haggled over bailout terms in late 2008 after the bank said they might be harassed like...
Harper Gives Beer From Obama Olympic Bet To Hockey Hall Of Fame
March 19 (Bloomberg) -- Canadian Prime Minister Stephen Harper will donate to the Hockey Hall of Fame two cases of beer he won from U.S. President Barack Obama as payment for an Olympic...
Steve Levy Declares He Will Run For N.y. Governor As Republican
March 19 (Bloomberg) -- Steve Levy, Democratic Suffolk County executive, said today he would switch parties and run for the Republican nomination for governor of New...
Edmunds Forecasts Big Rise In March Car Sales
SANTA MONICA, Calif. - Automotive research Web site Edmunds.com on Friday forecast a 34 percent jump in U.S. auto sales in March, citing attractive incentive deals from Toyota and other...
Boeing To Ramp Up Production Of 747, 777 Jets
Boeing, based in Chicago, will increase production of its 777, one of which is visible on the production line in Everett, Wash., in mid-2011 to seven airplanes per month from...
European Stocks Fall; Stoxx 600 Index Declines 0.3%
March 19 (Bloomberg) -- European stocks dropped after India’s central bank unexpectedly raised interest rates for the first time since July...
Ba Crew To Strike As Talks Fail
A strike by British Airways cabin crew will go ahead after talks between the airline and the Unite union collapsed.The three-day walkout begins at midnight, with a further four days of action set to...
Consortium Wins Big Weather Prize
A consortium led by Thales Alenia Space of France will enter into negotiations for a 1.3bn-euro (£1.2bn) contract to build Europe's next weather satellites.The TAS group was selected after a...
Strike On: Ba Cabin Crew Talks Collapse
download Flash from the Adobe download website. The union's members will walk out for three days from midnight tonight in protest at the airline's imposition of changes to pay, jobs and...
Scenarios: What's Next For Google's Operations In China?
SHANGHAI (Reuters) - Two months after Google shook the world with its threat to leave China on censorship and hacking concerns, there are increasing signs that an exit is imminent as the two sides...
European Stocks To Watch: Credit Suisse Sees Sterling Plunge, Stock Gains
LONDON (MarketWatch) -- Sterling could continue to drop against the dollar, equity strategists at Credit Suisse said on Friday as they recommended investors should upgrade their stance on U.K....
Wal-mart, Dreamworks Partner For Exclusive Deal
+0.55% ) have partnered to sell toys and other products tied to the March 26th release of DreamWorks' movie "How to Train Your Dragon" exclusively at Wal-Mart stores. Wal-Mart started working with...
S&p 500 Indicated Quarterly Dividend Rate Turns Up
SAN FRANCISCO -- Standard & Poor's said Friday that the indicated dividend rate for companies in the index turned up, with a $4.4 billion increase in expected quarterly dividend payments, compared...
India's Central Bank Raises Interest Rates
NEW YORK -- The Reserve Bank of India raised its key lending and borrowing rates by a quarter-percentage point on Friday to contain inflation and anchor expectations of rising prices, the central...
British Air, Union Fail To Avert Strike: Report
SAN FRANCISCO -- British Airways cabin crew are expected to go on strike this weekend after talks between the union and the management failed, according to media reports Friday. Union members are...
Press Release: Fitch Affirms Melepard Clo 1 Limited At 'aaa'; Assigns 'ls-2'
Fitch Ratings-London-19 March 2010: Fitch Ratings has today affirmed Melepard CLO 1 Limited's (Melepard) class A at 'AAA' with Stable Outlook and assigned a Loss Severity...
Ecuador: Petroecuador '09 Profit Down 35% To $3.28 Billion
QUITO -(Dow Jones)- Ecuador's state-owned oil company Petroecuador posted a profit of $3.28 billion last year, a decrease of 35% from the $5.07 billion profit posted in 2008, the company said...
Reckitt Benckiser Buys Suboxone, Subutex Rights For Gbp100 Million
LONDON -(Dow Jones)- Reckitt Benckiser Group PLC (RB.LN), which provides household, health and personal care products, said Friday it is buying back the sales and marketing rights to the...
U.s. Stocks Reverse Down, Dragged By Energy Stock
SAN FRANCISCO -- U.S. stocks turned lower in midmorning trade Friday, weighed by a drop in energy and technology stocks. The S&P 500 fell nearly 4 points, or 0.3%, to 1,162. The Dow Jones Industrial...
Hit Entertainment Lenders Agree To Waive Debt Tests -source
LONDON -(Dow Jones)- U.K.-based HIT Entertainment, which owns the Thomas the Tank Engine, Bob the Builder and Barney the Dinosaur brands, has reached an agreement with lenders to waive a scheduled...
Eads Weighs Us Tanker Bid; Wants Fair Chance Of Success
PARIS -(Dow Jones)- European Aeronautic Defence & Space Co. NV (EAD.FR) Friday said it is assessing the U.S. Department of Defense's willingness to entertain a potential new bid for a $35...
Update: Bair: Dodd Bill May Allow For 'backdoor Bailouts'
(Updates to add further comments from Bair) Of DOW JONES NEWSWIRES ORLANDO, Fla. -(Dow Jones)- U.S. policy makers need to end the concept of "too big to fail," including revising Senate legislation...