Gaddafi did more than just showering bounties on Sirte and the middle region and won some lasting loyalty. He created state-of-the-art infrastructure in the region, explicitly making it the logistical nerve center of his military. He created air bases and sea ports besides making Sirte the base of the elite special response army units. Moreover, these elite crack troops were manned by members of his own tribe and factions allied with him.
The top pre-market NASDAQ Stock Market gainers are: Cal-Maine Foods, Leap Wireless International, Cerus, Synthesis Energy Systems, and Liberty Media Interactive. The top pre-market NASDAQ Stock Market losers are: Fuqi International, Cninsure, Randgold Resources, Star Scientific, and ARM Holdings.
Talks on how to approach U.S. corporate tax reform are stirring to life again as Republican House majority leader Eric Cantor backed of push to give multinational companies a break on money imported to the U.S. from their subsidiaries owned in other countries.
In a series of postings from mid to late February on 51Jobs.com (the Monster.com of China), VanceInfo Technologies Inc. (NYSE: VIT) has advertised numerous positions for onsite assignments at Yahoo China. VanceInfo is an information technology (IT) service provider and an offshore software development company in China.
BHP Billiton Ltd., one of the world's largest mining companies, said it would invest about $10 billion in Australia to expand its iron ore coal mining operations.
Germany could be the first industrialized nation to abandon nuclear power for good.
RBC Capital Markets said the ultimate low in the U.S. equity markets might not have been reached, but a bottoming process has probably started. The brokerage said most of the technical indicators suggest that an intermediate-term low is near. Readings from sentiment, positioning and internal momentum indicators reveal much more damage under the hood than at the index level.
Japan's government has said that the cost of March 11 earthquake, tsunami and nuclear radiation woes, which have devastated the country, could reach $309 billion.
The new toolkit released contains recommendations of seven no-cost or low-cost strategies that governors can use to boost college completion rates in their states.
There is a clear sense of calm returning to the financial markets after the horrific earthquake in Japan and the leveling of the playing field in Libya. Though the damage associated with Japan’s earthquake is clearly immense, its economic impact will mostly be localized.
Kenya plans to remove tax incentives in the 2011/12 (July-June) fiscal budget and widen collection to rope in more small businesses to increase revenues, Finance Minister Uhuru Kenyatta said on Monday.
Charles Schwab said it agreed to buy optionsXpress Holdings for about $1 billion in stock to expand in the fast-growing options trading space.
RBC Capital Markets anticipates a dividend increase from SunTrust Banks Inc. (NYSE: STI) to come either in the second quarter or the third quarter of 2011. The brokerage expects the quarterly dividend to go to 8 cents a share (about 20 percent payout).
Apple is involved in testing retypes of iPhone which incorporate Near Field Communication (NFC) technology, adding fuel to earlier reports which surmised that the next edition of iPhone will be NFC enabled Cult of Mac reported.
Zacks Equity Research highlights: Standard Motor Products (NYSE: SMP) as the Bull of the Day and RadioShack Corp. (NYSE: RSH) as the Bear of the Day. In addition, Zacks Equity Research provides analysis Amazon.com (Nasdaq: AMZN), Google Inc (Nasdaq: GOOG) and Apple Inc (Nasdaq: AAPL).
Rep. Carolyn Maloney (D-NY) introduced legislation, “The StartUp Visa Act of 2011,” H.R. 1114, to encourage innovation and economic growth by permitting immigrant entrepreneurs greater access to temporary U.S. visas. The bill matches legislation introduced this week by Senators John Kerry, Richard Lugar, and Mark Udall in the Senate.
Intel Corp. has acquired New Venture Partners' portfolio company, Silicon Hive, a spin-out from Philips Electronics (Philips). Financial details of the transaction were not disclosed.
Apple has deferred the launch of its slimmer, lighter and faster rendition of iPad, the iPad 2, in Japan as the country grapples with massive destruction caused by a 9 magnitude earthquake and tsunami.
FOMC Statement from March 15, 2011
The Gold Price dropped 3% to four-week lows vs. a rising US Dollar on Tuesday morning, as world stock-market and commodity prices sank on worsening radiation leaks from north-east Japan's earthquake-hit nuclear plants.
The huge bustling metropolis of Tokyo, 150 miles south of the epicenter of Japan’s earthquake-tsunami disaster, has seen life come to a virtual halt in the face of unprecedented fears arising from the damaged nuclear power plants in Sendai.
Americans will turn to public transportation in record numbers as gasoline prices continue increasing, predicts American Public Transportation Association (APTA).
