Manufacture of methamphetamine illegally have produced uncontrolled ammonia and damaging several propane tanks. Cape Cod firefighters have examined several recent tanks as a reaction to this incident. This incident will be investigated in order to prevent recurrence in the future. As already known, many illegal methamphetamine manufacturers operating in the …
Read More »Millions struggling to make flood insurance amid sharp increase in insurance premiums
A sea of red ink worth $ 24 billion affects millions of Americans in flood-prone zones. It also happens to millions of people affected by Superstorm Sandy some time ago. They are struggling to recover due to the financial point in the middle of a sharp increase in the value …
Read More »Unexpectedly March exports of China shrink by 15%
China reported falling exports in the month of March by 15%, which have left economists in deepest concerns for depression in economy. The exports were expected to rise by 12% which to everyone’s surprise showed a downward trend. The tumble in exports – the worst in about a year – …
Read More »Crude price exposure leads to falling profit oil companies
Decreasing crude oil prices and faulty strategic choice of companies have led to fall in profits of oil companies. Big companies like BL, Shell etc are clearly evident of how company earnings are sensitive of change in oil prices. This means that for every dollar the oil price drops, their …
Read More »Almost 9 out of 10 adults have health insurance now
According to the extensive survey published on Monday, nation has been undergoing a drastic change, owing to which now 9 out of 10 adults have health insurance to protect themselves against the health costs. As recently as 2013, slightly more than 8 out of 10 had coverage. Whether the new …
Read More »New era begins at Walgreens
It seems new era has begun at Walgreens, with the firms reporting new Walgreens Boots Alliance. The alliance has led to tremendous developments leading to increase in price of share from USD 58 to 70. Year over year, total revenue increased 22%, driven largely by a two-month operating contribution from …
Read More »Sears enters into ‘Real estate pact’ with Simon
Sears Holding Corp. Has lately agreed to sign real estate pact with Simon Property Group Inc, which shall bring USD 114 gain to the company. This is the latest policy of departmental store chains to use their properties to generate finance. Sears will transfer 10 properties valued at $228 million …
Read More »Practices of 13 retailers questioned by New York lawyers
The lawyer at New York has initiated inquiry against 13 retailers, inquiring them if workers are asked to come on call for short notice shifts and spend less than 4 hours when employees are required to report to operate, stating the practice as illegal in NY. On-call scheduling requires workers …
Read More »Nina Ricci found guilty for Tax Frauds
Nina Ricci the lady behind fashion and perfume house, has been sentenced for one year imprisonment and heavy fines has been levied on her, for hiding millions of EUROs in her HSBC account in Switzerland. Monday’s ruling was the first involving a famous name in the so-called Swissleaks scandal, in …
Read More »GE will offer most of the financial units to investors for $90 billion
General Electric Co. will give back some of the money to the shareholders, as the company decided to return to the traditional path and leave the impression of a banking company. The restructuring plan will be run with 2 major stages, namely the sale of assets of $ 30 billion …
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