WASHINGTON— A weaker global economy— and a slowdown in China— will likely dampen some of the growth in air travel over the next two decades. The International Air Transport Association says the number of airline passengers is expected to double to 7 billion by 2034. That figure marks a decrease from a prior forecast of passengers totaling 7.4 billion in 2034,...» Read More
LONDON-- Britain's defense ministry announced Sunday that it is investigating whether retired senior officers broke any rules after they were recorded by undercover journalists as appearing to offer to lobby the government on behalf of defense companies. Richard Dannatt and former defense procurement chief Lt.
WASHINGTON-- A New Mexico food company that produced the peanut butter linked to an outbreak of salmonella poisoning has expanded an ongoing recall of its products to include raw and roasted peanuts.
VILNIUS, Lithuania-- Voting precincts have opened in Lithuania, with opposition leftists and populists expected to vie for victory over the unpopular conservative government that took over four years ago as the Baltic country slid into a deep recession.
Chairman Ben Bernanke is rejecting arguments that the Federal Reserve's bold moves to bolster U.S. job growth could have unwanted consequences in emerging market countries. Bernanke's speech in Tokyo was at a conference sponsored by the Bank of Japan and the International Monetary Fund.
TOKYO-- China's central bank governor says the Chinese currency has reached its equilibrium rate and its value is mainly determined by the market, rather than intervention.
LOS ANGELES-- Union picketing has brought a temporary halt to second-season production of the NBC reality show " Fashion Star." About 70 members of the International Alliance of Theatrical Stage Employees picketed the show Saturday at Hollywood Center Studios, prompting producers to cancel a taping and dismiss a studio audience.
TRENTON, N.J.-- A pet food company is voluntarily recalling dog treats that could be contaminated with salmonella.
MADRID-- Several thousand anti-austerity protesters in Spain marched down a major street in the capital banging pots and pans Saturday. With unemployment nearing 25 percent, Spain has introduced biting austerity measures as well as financial and labor reforms in a desperate bid to lower its deficit and assuage investors' misgivings.
PORTSMOUTH, Ohio-- Mitt Romney is attacking the Obama administration for delaying a decision about whether China is manipulating its currency to gain a trading edge. The GOP presidential nominee says that on his first day in office, he'll brand China a "currency manipulator" and work to end what he calls Beijing's cheating practices on trade.
While Virginia escaped the worst of the recession _ unemployment peaked at 7.3 percent _ uneasiness about the future is in the air. For good reason: The state's fortunes are tied to the outcome of the deficit debate on Capitol Hill and its outcome could dramatically alter its economy. Virginia is home to the Pentagon, the CIA, Naval Station Norfolk, Fort A.P.
NECC was founded in 1998 by Barry Cadden and Gregory Conigliaro as a compounding pharmacy, a laboratory that custom-mixes solution, creams and other medicines in dosages and forms that often are unavailable from pharmaceutical companies.
LONDON-- Supporters of Occupy have gathered outside St. Paul's Cathedral to mark the first anniversary of the anti-corporate movement's now-dismantled protest camp.
BERLIN-- Germany's chancellor says she thinks debt-laden Greece is making progress in implementing reforms and austerity measures "step by step." Angela Merkel said in her weekly video podcast published Saturday that Greece's progress is slower than hoped "but on this matter we should always give Greece another chance."
WASHINGTON-- President Barack Obama is hailing the rebound of the U.S. auto industry, pointing to progress since his administration rescued General Motors and Chrysler. Automakers are large employers in Ohio, one of the pivotal states in the race between Obama and Republican Mitt Romney.
WASHINGTON-- Good luck figuring out whether Republican presidential candidate Mitt Romney would cut or raise your taxes if he's elected president. President Barack Obama promises tax reform, too, but precious little detail.
TOKYO-- Global financial ministers called Saturday for quick and effective action to safeguard faltering economic growth and rebuild shaken confidence as they ended an annual meeting of the International Monetary Fund.
BEIJING-- China's import growth recovered slightly in September but was weak, suggesting that a recovery for the world's second-largest economy from a painful slump has yet to take hold. The World Bank cut its growth forecast for China this year to 7.7 percent from its May outlook of 8.2 percent.
BEIJING-- China's import growth rose slightly in September but was still weak, suggesting that a recovery from a deep economic downturn has yet to take hold in the world's second-biggest economy. Export growth was a relatively robust 9.9 percent despite economic problems in Europe and the United States.
TOKYO-- Despite making progress on getting its fiscal house in order, the United States still has much work to do, Treasury Secretary Timothy Geithner told fellow financial leaders Saturday.
CHERRY HILL, N.J.-- TD Bank has begun notifying about 260,000 customers from Maine to Florida that the company says may have been affected by a data breach. Still, TD Bank has not ruled out the possibility and is monitoring the situation. TD Bank has eight million customers.