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Lee A. Archer, Ace Tuskegee Airman and V.C., Dies

Retired Air Force Lt. Colonel Lee A. Archer, a Tuskegee Airman considered to be the only black ace pilot who also broke racial barriers as an executive at a major U.S. company and founder of a venture capital firm, died Wednesday in New York City.

[ More ] February 1st, 2010 | No Comments | Posted in USA |

Time to restore corporate sanity | Muhammad Cohen

In the wake of the supreme court’s decision on corporate campaign contributions, we must insist on fair company electionsPresident Obama took a rare swipe at the US supreme court in Wednesday’s state of the union address for last week’s decision allowing unlimited direct corporate spending. The controversial case, overturning a century of corporate campaign restrictions, [...]

[ More ] January 29th, 2010 | No Comments | Posted in USA |
 

Ford profits put it back in the black

• Carmaker delivered $2.7bn profit for 2009• Ford looking to capitalise on Toyota’s global recallFord has cemented its position as the healthiest of Detroit’s “big three” carmakers by delivering a $2.7bn (£1.6bn) profit for 2009 as cost cuts, new models and a surplus at its credit arm helped the company to its first year in [...]

[ More ] January 28th, 2010 | No Comments | Posted in USA |

Ford Posts First Full-Year Net Profit Since 2005

The company attributed the full-year profit in part to cost cuts, gains from debt reduction efforts, strong results from its Ford Motor Credit Co financing arm and stronger pricing.

[ More ] January 28th, 2010 | No Comments | Posted in USA |
 

Toyota to axe 750 British jobs

Staff told of plan to reduce number of workers at Burnaston plant near Derby as Toyota fights to preserve reputation for safety with massive vehicle recallToyota aims to axe up to 750 jobs at its main UK factory, workers have been told. The news comes as the carmaker scrambles to recall millions of vehicles around [...]

[ More ] January 28th, 2010 | No Comments | Posted in USA |

NY pensions want company political spending data

NEW YORK (Reuters) – The New York City Public Advocate, a watchdog who helps oversee the $30 billion New York City Employee Retirement System, on Wednesday said he would lobby big investors to demand full disclosure of corporate spending on political c…

[ More ] January 27th, 2010 | No Comments | Posted in USA |
 

Apple’s profits jump 49% on strong demand for iPhone

Apple announces impressive results as anticipation builds over launch of tablet computer deviceApple was celebrating the best quarter in its 34-year history tonight, as ­anticipation grew around the launch of the ­company’s tablet computerlater this week .Announcing its latest set of financial results, the California technology ­company said strong demand for the iPhone and its [...]

[ More ] January 26th, 2010 | No Comments | Posted in USA |

Worker dies at Houston refinery Friday

HOUSTON (Reuters) – A worker died from an apparent fall on Friday morning at LyondellBasell’s Houston refinery, a company spokesman said.

[ More ] January 23rd, 2010 | No Comments | Posted in USA |

U.S. 82nd Airborne’s “Beast” helps hungry Haitians

PORT-AU-PRINCE (Reuters) – With his company’s Humvees still sitting at Fort Bragg in North Carolina, Captain Sean Shields uses a rental car with an Avis “We Try Harder” sticker to ferry his soldiers on aid missions in Haiti’s earthquake-shattered capit…

[ More ] January 22nd, 2010 | No Comments | Posted in USA |

Defense contractor to remove Bible references

A Michigan company that manufactures combat rifle sights for the U.S. military that carry Bible verse citations says it will send kits for removing the inscriptions.

[ More ] January 22nd, 2010 | No Comments | Posted in USA |
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