US Retail Sales Marks an Unexpected Rise in February
Submitted by Kulbir Sandhu on Fri, 03/12/2010 - 19:32The retail sales in U. S. registered an unexpectedly surged in February as shoppers braved blizzards to visit the malls, signaling that consumers will massively add more to economic growth.
"The storms were apparently not quite as disruptive as anticipated," said Adam York, an economist at Wells Fargo Securities LLC in Charlotte, North Carolina, whose forecast for a 0.6 percent gain excluding autos was the highest of those surveyed.
Best Buy teams up with Panasonic to sell 3D TVs in the US
Submitted by Seher Dhillon on Thu, 03/11/2010 - 09:50United States’ leading electronics retailer Best Buy has teamed up with Japan’s Panasonic Corp. to exclusively sell its first 3D TV home-entertainment system bundle in the US.
The bundle, which costs $2,899.99 in total, includes a 50-inch plasma 3D Viera set, a Blu-ray based disc player and viewing glasses.
The bundle was made available for purchase on Wednesday via Minneapolis-based Best Buy's Magnolia Home Theater unit.
Female Condoms to be Made Available Free of Cost in Washington DC
Submitted by Rasik Sharma on Sun, 03/07/2010 - 10:35In order to combat HIV/AIDS, major of causing maximum number of deaths in black women in Washington DC, it has been planned that female condoms will be offered free of cost for the females in easily approachable places like beauty salons, convenience stores and high schools.
Maintaining EHRs; Tough Task for Doctors
Submitted by Barinder Khatra on Wed, 03/03/2010 - 20:42The comprehensive electronic health records (EHR) is to be submitted by the hospitals and physicians in the U. S. Though, some health care experts are of the view that quality of e-health systems might be at risk as it has to cater to deadlines that are unrealistic, and a chaos still prevails about what is the primary thing to do.
Healthcare System Requires Spending
Submitted by Barinder Khatra on Sat, 02/27/2010 - 20:59At Thursday's summit in Washington, President Barack Obama initiated an attempt to get Democrats and Republicans, seeking common ground, but one void couldn't be bridged: How to deal with the uninsured?
This is crucial as 25% Texans is not shielded with a health insurance, the highest rate in the country -- and our 6 million uninsured will climb without reforms. That will hurts hospitals, doctors and everybody else, apart from hampering their well-being because they have to absorb the costs.
Deutsche Telekom in Discussion For its US Operation
Submitted by Seher Dhillon on Thu, 02/25/2010 - 23:06Deutsche Telekom is revealed to be in talks with banks discussing options for its U. S. operations and the development of the U. S. market in general, said Andreas Leigers, a spokesman for the German company, who confirmed comments made by Chief Financial Officer Timotheus Hoettges to Dow Jones.
In 2009, T-Mobile USA contributed about 24 percent of the group's revenue and 21 percent of adjusted earnings before interest, taxes, depreciation and amortization.
Oil Stabilizes at $80, Pares Gain from 6-week High
Submitted by Shalini Thakkar on Mon, 02/22/2010 - 21:27Nymex crude oil futures fetched a stable posture near $80 a barrel on Monday, pulling back from an earlier gain to a six-week high, with the dollar down as investors assessed the prospect of an earlier U. S. interest rate rise than previously expected.
"Skeptical as we are of the advance, we cannot fight the current run higher as prices are now within striking distance of their recent highs and likely on track to test them", said Edward Meir, analyst at MF Global.
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