Puerto Rico to fire 16,000 government employees, aims to cut budget deficitSeptember 25th, 2009 Puerto Rico to lay off 16,000 workers, cut deficitSAN JUAN, Puerto Rico — Puerto Rico's government announced Friday that it will lay off more than 16,000 public workers in the U.S. Caribbean territory, adding to an unemployment rate higher than that of any U.S state.
Mood seems to play no role in our memorySeptember 23rd, 2009 WASHINGTON - Mood seems to play little or no role in our memory, says a new study. Suppose you consumed a well cooked meal in a restaurant last week.
McCain: Raising taxes not needed to reduce ballooning deficit; gov't can cut spending insteadAugust 23rd, 2009 McCain refuses to consider taxes to reduce deficitWASHINGTON — Sen. John McCain is refusing to consider raising taxes to reduce the ballooning deficit.
At NY newspaper, 50 news jobs are cut, entire staff can apply for 'redefined' jobsAugust 13th, 2009 NY newspaper cutting 50 news jobs, redefining restWHITE PLAINS, N.Y. — A suburban Gannett Co.
Record federal deficit climbs higher, $180.7 billion in July, $1.27 trillion so far this yearAugust 12th, 2009 Federal deficit higher in July, $1.27T this yearWASHINGTON — The federal deficit climbed higher into record territory in July, hitting $1.27 trillion with two months remaining in the budget year. The Treasury Department said Wednesday that the July deficit totaled $180.7 billion, slightly more than the $177.5 billion economists had expected.
Foreign demand for long-term US financial assets falls in April; China, Japan cut holdingsJune 15th, 2009 Foreign demand for US financial assets fallsWASHINGTON — Foreign demand for long-term U.S. financial assets fell in April as both China and Japan trimmed their holdings of Treasury securities.
Budget deficit sets May record of $189.7 billion; total for year close to $1 trillionJune 10th, 2009 Budget deficit hits record for May of $189.7BWASHINGTON — The federal budget deficit soared to a record for May of $189.7 billion, pushing the tide of red ink close to $1 trillion with four months left in the budget year. The rising deficit reflects increased government spending due to the recession, and billions of dollars spent on bailouts for banks and other troubled companies.
Aegon Religare to hire 3,500 advisors for GujaratMay 21st, 2009 AHMEDABAD - Brushing aside recession blues, Aegon Religare Life Insurance Thursday announced plans to hire 3,500 financial advisors in Gujarat over the next four months. 'Currently we have 200 advisors in Ahmedabad, Vadodara, Rajkot and Surat.
Insurer AIG willing to pay nearly $1.5 billion to retain, award employeesMay 8th, 2009 AIG reveals $454M in bonuses payments for 2008CHARLOTTE, N.C. — Embattled insurer American International Group Inc.
ITC Welcomgroup to hire 4,000 people in four yearsApril 14th, 2009 CHENNAI - Hotel chain major ITC Welcomgroup will hire around 4,000 people in the next four years, taking the total number of employees to 14,000, a top official said. 'Our new star hotels are coming up in Bangalore, Chennai, Kolkata, Hyderabad and New Delhi that require additional hands,' Anil Sharma, vice-president (human resources) of ITC, told IANS from Delhi on phone.
ICICI Bank urges government to unveil borrowing plansApril 4th, 2009 KOLKATA - India's largest private lender ICICI Bank Saturday urged the government to spell out 'how it plans to manage its borrowings'. 'There are concerns on the impact the government borrowings will have on liquidity, pushing up interest rates,' K.V.
Massive protest against 'racist' New York Post monkey cartoonFebruary 21st, 2009 WASHINGTON - Hundreds of protesters came out to demand closure of the New York Post as a controversial political cartoon that depicted the police shooting a chimpanzee sparked a heated racism debate in the US. 'Yes we can, shut it down,' shouted the demonstrators outside News Corp.
Massive protest against 'racist' New York Post monkey cartoonFebruary 19th, 2009 WASHINGTON - Hundreds of protesters came out to demand closure of the New York Post as a controversial political cartoon that depicted the police shooting a chimpanzee sparked a heated racism debate in the US. 'Yes we can, shut it down,' shouted the demonstrators outside News Corp.
Massive protest against 'racist' New York Post monkey cartoonFebruary 19th, 2009 WASHINGTON - Hundreds of protesters came out to demand closure of the New York Post as a controversial political cartoon that depicted the police shooting a chimpanzee sparked a heated racism debate in the US. 'Yes we can, shut it down,' shouted the demonstrators outside News Corp.
Haryana becomes revenue deficit state again after budgetFebruary 12th, 2009 CHANDIGARH - After having been a revenue surplus state for nearly four years, Haryana has once again become a revenue deficit state, after the new budget for 2009-10 was presented to the state assembly Friday. Finance Minister Birender Singh said the revenue deficit in 2009-10 will be Rs.33.84 billion.
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