Home » May, 2010 Entries posted on “May, 2010”

Reports: Israeli ships attack aid flotilla, 2 dead

Reports: Israeli ships attack aid flotilla, 2 dead

www.youtube.com/watch?v=Y_zJb06JXto HAIFA, Israel – Israeli warships attacked at least one of six ships carrying pro-Palestinian activists and aid for the blockaded Gaza Strip, killing at least two and wounding an unknown number of people on board, an Arabic satellite news channel and a Turkish TV network reported early Monday. The Israeli military spokesman’s office denied [...]

May 31 2010 | Posted in Africa News, Asia News, Europe News, International, U.S. News | Read More »

FTSE 100 climbs at open

FTSE 100 climbs at open

LONDON (AFP) – The leading stock exchange climbed in opening trade on Friday, building on the strong rebound seen the previous day. The FTSE 100 index rose 0.43 percent to 5,217.33 points. Japanese markets also made gains in line with the previous two days, after several weeks of losses, returning some confidence to investors. The [...]

May 30 2010 | Posted in Europe News, International | Read More »

Wal-Mart makes splashy price cuts to get mojo back

Wal-Mart makes splashy price cuts to get mojo back

NEW YORK – Wal-Mart is counting on $1 ketchup bottles and sub-$4 cases of Coke to get its low-price mojo back. The sharp cuts at its U.S. Walmart stores, which came ahead of Memorial Day weekend, have already pushed rivals such as Target into price wars. And the markdowns are expected to keep coming throughout [...]

May 30 2010 | Posted in U.S. Economy | Read More »

After another failure, BP scrambles to stem leak

After another failure, BP scrambles to stem leak

ROBERT, La. – With BP declaring failure in its latest attempt to plug the uncontrolled gusher feeding the worst oil spill in U.S. history, the company is turning to yet another mix of risky undersea robot maneuvers and longshot odds to keep crude from flowing into the Gulf. Six weeks after the catastrophe began, oil [...]

May 30 2010 | Posted in Europe News, International | Read More »

British Airways cabin crew launch new strikes

British Airways cabin crew launch new strikes

British Airways cabin crew launched a new five-day strike Sunday as a bitter dispute with management over pay and working conditions dragged on with no sign of any breakthrough. Many flights to and from London’s Heathrow — Europe’s busiest airport — were affected by the walkout. But the airline insisted it could operate more than [...]

May 30 2010 | Posted in Europe News, International | Read More »

Old Buffalo church to be reborn in Atlanta suburb

Old Buffalo church to be reborn in Atlanta suburb

BUFFALO, N.Y. – For decades, countless people from Buffalo have made the move from Rust Belt to Sun Belt. Maybe it was only a matter of time before one of its buildings would follow. A Roman Catholic parish in the affluent northern suburbs of Atlanta has begun raising $16 million to import, piece by piece, [...]

May 30 2010 | Posted in Europe News | Read More »

Europe forgets debt worries with kitsch song contest

Europe forgets debt worries with kitsch song contest

OSLO (AFP) – Millions of people will tune in to an extravaganza of kitsch on Saturday as Europe sets aside its financial worries for a few hours for the grand final of the Eurovision Song Contest. The 55th edition of the annual talent contest was expected to draw more than 120 million viewers in 39 [...]

May 29 2010 | Posted in Europe News | Read More »

3 Fla. banks, 1 each in Nev., Calif. shut down

3 Fla. banks, 1 each in Nev., Calif. shut down

WASHINGTON – Regulators on Friday shut down three banks in Florida and one each in Nevada and California, bringing the number of U.S. bank failures this year to 78. The Federal Deposit Insurance Corp. took over the Florida banks, all owned by holding company Bank of Florida Corp. They are Bank of Florida-Southeast, based in [...]

May 29 2010 | Posted in Earnings | Read More »

FTSE 100 climbs at open

FTSE 100 climbs at open

LONDON (AFP) – The leading stock exchange climbed in opening trade on Friday, building on the strong rebound seen the previous day. The FTSE 100 index rose 0.43 percent to 5,217.33 points. Japanese markets also made gains in line with the previous two days, after several weeks of losses, returning some confidence to investors. The [...]

May 29 2010 | Posted in Stock Markets | Read More »

Oakland to license, tax indoor marijuana growers

Oakland to license, tax indoor marijuana growers

OAKLAND, Calif. – Local governments in California and other Western states have tried to clamp down on medical marijuana, but Oakland has taken a different approach. If you can’t beat ‘em, tax ‘em. After becoming the first U.S. city to impose a special tax on medical marijuana dispensaries, Oakland soon could become the first to [...]

May 29 2010 | Posted in Taxes | Read More »