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Jobless Claims in US Declined by 11000 to 457000‎

Jobless Claims in US Declined by 11000 to 457000‎

The number of Americans filing claims for the first time, for unemployment insurance fell to 457,000, a figure that denotes that the labor market will be slow on improving even when the economy improves.
Initial jobless claims came down by 11,000 in the week ended July 24 from a revised 468,000. The number of citizens receiving [...]

Profit increases for Volkswagen

BMW and Volvo quit wagons

Volkswagen AG comes out with the report which says,the biggest quarterly profit in 2 years on superior demand in China and the U.S. for the Golf compact and Audi A5 coupe.
The 2nd-quarter net income went upto 1.25 billion euros from 283 million euros in the previous year, the company said today in a statement.
Profit bangs [...]

BMW and Volvo quit wagons

BMW and Volvo quit wagons

BMW of North America will not bring in the next generation of the 5-series station wagon. The redesigned 5-series sedan is on sale here in May.
Station wagons are no longer preferred here in the United States as buyers are switching to crossovers like Volvo’s XC60 and XC90, said Doug Speck, CEO of Volvo Cars of [...]

Toyota recalls 412,000 cars in U.S

Toyota recalls 412,000 cars in U.S

Toyota Motor Corp. says, it would recall 412,000 high-end customer cars in the United States to fix steering troubles.
Toyota, has conducted a series of recalls this year, will recall 373,000 of its 2000-2004 model year Avalon sedans as the steering lock bar in these vehicles possibly will break under certain circumstances, it said [...]

Amazon brings out the 3G Kindle ebook reader – price $139

The 3G Kindle ebook reader - price $139

It’s a third-generation Kindle which is lighter, smaller and quicker than the current model with an excellent display, longer battery life and twice the storage area.
Amazon (AMZN) has added Wi-Fi function for those who would like to apply a speedy Internet service to download e-books. This Kindle will maintain the free service that uses AT&T’s [...]

Siemens Gives optimistic outlook with more profit

Siemens Gives optimistic outlook with more profit

Siemens AG which is Europe’s largest engineering company raised its profit for the year and the income rose 40 percent, beating the estimates.
Operating income at Siemens’s energy, health-care and industry divisions, increased to $3 billion in this quarter ended June 30, as the company benefited from demand and cost savings.
Siemens has planned to end a [...]

Manufacturing Economy is slowing down

Manufacturing Economy is slowing down

Items which had to last for more than three years – turned one percent, from -0.8 percent in May. It was the biggest drop since August, 2009.
Economists also determine durable goods without transportation because that sector is so unpredictable. Without transportation, the decline was 0.6 percent from up 1.2 percent in May.
The durable goods report, [...]

Is Inception actor Tom Hardy a Gay?

Is Inception actor Tom Hardy a Gay?

It’s not regularly that you hear actor admit he used to have affairs with men.
Inception star Tom Hardy, 32, who is betrothed to British actress Charlotte Riley, 28, and also has a two-year-old son with a past girlfriend, Rachel Speed, doesn’t mind sharing the information about his affairs.
He was in fact asked by England’s now [...]

President Obama is not going to Chelsea Clinton’s wedding

President Obama is not going to Chelsea Clinton's wedding

“I was not invited to the wedding,” he says today on The View in an interview taped yesterday, “because I think Hillary and Bill, properly, want to keep this thing for Chelsea and her soon-to-be husband.”
“You don’t want two presidents at one wedding!” Obama says, according to MSNBC.
“All the secret service, guests going through [metal [...]

Doomsday Shelters appear again

Jason Hodge, father of four kids from Barstow, Calif., says he’s “not paranoid” but he is anxious, and that’s why he bought space in what might be called a doomsday shelter.
Hodge bought into the first of a projected nationwide group of 20 equipped, underground shelters — the Vivos shelter network — that are supposed to [...]

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