Abbott Laboratories’ 2nd-quarter profit falls on charges but lead drug regains sales momentumDrug developer and medical device maker Abbott Laboratories said Wednesday its second-quarter profit fell 3 percent on a mix of buyout charges and lower drug sales, but the results still met Wall Street forecasts. Attendance dips at school near Metro accident siteNEW DELHI - The phones wouldn’t stop ringing and many students failed to turn up Monday at Delhi’s Bluebells International School, just a few metres from the Metro Rail construction site that has been hit by accidents on two consecutive days. Pakistan says 26/11 trial to begin next weekISLAMABAD - Declaring Zaki-ur-Rehman to be the mastermind of the 26/11 terror attacks, Pakistan Saturday said its probe into the Mumbai mayhem was ‘almost complete’ and the trial of the Lashkar-e-Taiba (LeT) commander and four other accused could begin next week. Pakistan eyes new tree planting recordISLAMABAD J - Pakistan’s environment ministry will attempt to set a new Guinness World Record by planting maximum number of trees in a single day, a media report said. Air India borrows Rs.15,241 crore in less than two yearsNEW DELHI - Borrowings of national carrier Air India have jumped from Rs.6,550 crore to Rs.15,241 crore since November 2007 owing to the global slowdown, high fuel costs and fleet expansion, Civil Aviation Minister Praful Patel told parliament Thursday. Judge wants more time to consider motion to end Los Angeles police consent decreeLOS ANGELES — A federal judge says he needs more time to decide whether the Los Angeles Police Department should remain under U.S. Justice Department oversight. Citibank Japan cited for inadequate anti-money laundering measures, hit with sales suspensionTOKYO — Authorities ordered Citibank’s Japan unit to suspend all sales operations at its retail banking arm for one month after it failed to improve anti-money laundering measures that target crime syndicates and other shadowy groups. Farmers Market in Los Angeles celebrates 75th yearLOS ANGELES — L.A.’s famous Farmers Market at Third and Fairfax is marking its 75th year with a weeklong celebration in mid-July. California wants to cut lawyers for the poor, other cash-strapped states may do the sameLawyers for the poor, who say they already are stretched to the breaking point by huge caseloads and dwindling staff, face layoffs across the country as local governments slash spending in these hard economic times. Swine flu scrambles Hollywood studios’ summer releases in MexicoLOS ANGELES — With movie theaters in Mexico shut down to contain the spread of swine flu, Hollywood studios have delayed plans to kick off the summer movie season there. The country is regularly among the top 12 foreign markets for U.S. movies. Salman, Ajay Devgan fined five times for smoking in publicCHANDIGARH - Bollywood stars Salman Khan and Ajay Devgan have been figuring in the news for all the wrong reasons by consistently breaking the no-smoking law in the first smoke-free city of the country. |
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