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By N2H

Archive for the 'Economic & Commerce' Category

Crisis still the main subject at Obama-Medvedev talks

Economics remains one of the main topics of the Moscow talks. Russia says international financial institutions need revamping. Along with others countries, it also questions dollar’s role as the world’s reserve currency.

The US and Russia are being hit by the global financial crisis in very different ways.
The US has seen recessions before – but [...]

Cramer: Charges Against Bernanke Dangerous for Market

Cramer continued his defense of Federal Reserve Chairman Ben Bernanke, which started Wednesday afternoon during Stop Trading!, and railed against the congressman who questioned his integrity. The charges are “preposterous,” he said, and the economy is in too tenuous a position for this political theater.
Rep. Darrell Issa, R-Calif., of the House Oversight and Government Reform [...]

Local Businesses to Globe Walk through Export Path Program

Meselech Habte – one of more than 70 participants attending the training session organized by VEGA-Ethiopia, last week, USAID sponsored a program that encourages companies using the Ethiopian African Growth and Opportunity Act (AGOA ) – is engaged in the production of health and beauty care products.
It is among the business people who aspire to [...]

Swine Flu Death

Kathy Barton, a spokeswoman for the Houston Health and Human Services Department, said Wednesday that the child had traveled with family from Mexico to Brownsville in South Texas. The child became ill in Brownsville and was taken to a Houston hospital and died Monday night, she said.

Currency Converter Calculator

The Universal Currency Converter® contains the top 85 currencies sorted by country name – listing the ten most popular currencies first. Special units and precious metals are listed both alphabetically and separately, at the end of this list. For every world currency, use to the XE Full Universal Currency Converter.The XE Universal Currency Converter®, [...]

Kent Kresa Out

GM is announcing the following changes in the corporate officers and the board of directors, Rick Wagoner is stepping down as chairman and CEO, effective immediately. Wagoner, 56, was named president and CEO in 2000, and assumed the role of chairman in 2003.Fritz Henderson, GM president and chief operating officer, will serve as CEO. Henderson, 50, was named to his current position in 2008. He was previously vice chairman and chief financial officer.
Kent Kresa, chairman emeritus, Northrop Grumman Corporation, has been named interim non-executive chairman of the board of directors. Kresa became a GM director in 2003 GM is awaiting further announcements by the President and the Task Force on Automotive Reconstruction, and we will have additional comments at that time.

Credit One Bank

Credit One Bank (Credit One) is located in Las Vegas, Nevada and operates as a Competitive Equality Banking Act (CEBA) credit card bank. Designated CEBA financial institutions are restricted from accepting retail deposits or extending loans outside of their credit card operations.Established by automotive pioneer Kjell Qvale in July 1984, Credit One began operations [...]

Refinance Mortgage Rates

Refinancing is when you apply for a secured loan in order to pay off another different loan secured against the same assets, property etc. If this original loan had a fixed interest rate mortgage which has now declined considerably, then you would like to avail of a new loan at a more favorable interest [...]

Neiman Marcus

The Neiman Marcus Company was established in 1907 as a local specialty store and has become an internationally recognized innovator in fashion and merchandising. The founders of the store were Herbert Marcus, his sister Carrie M. Neiman,qqv and Carrie’s husband, Abraham L. (Al) Neiman.qv Herbert Marcus had been a buyer for Sanger Brothersqv and [...]

National City Bank

 
This was my own personal introduction to the white dwarf star that is now Citigroup. Known as First National City Bank of New York, it cut off the New York part in 1965. And in 1976, Citibank was born (the holding company changed names two years prior).
National City Corporation is a company based in Cleveland, [...]