AG Announces $1.5 Million Recovery for PA Medicaid
HARRISBURG — Attorney General Tom Corbett announced that the Attorney General’s Medicaid Fraud Control Section has recovered more than $1.5 million on behalf of the state’s Medicaid program as part of a national agreement with three pharmaceutical companies involving drug...
U.S. Stocks End Week With Little Movement
Melvin Baker - AHN Reporter New York, NY (AHN) - U.S. stocks edged up slightly on Friday after the monthly jobless figures recorded the highest rate in 26 years.The Dow Jones Industrial Average rose 17.5 points, or 0.17 percent, to 10,023.42,...
European Stocks Advance To End Week Upbeat
Melvin Baker - AHN Reporter London, England (AHN) - European stocks were upbeat as they finished the week, rising for a third day in the longest stretch of gains in weeks.Benchmark indices in 10 of the 18 western European markets advanced.In...
Toronto Transit Commission Mulls 11-15 Percent Fare Hike
AHN Staff Toronto, Ontario (AHN) - An 11 to 15 percent fare hike looms for riders of the Toronto Transit Commission by next year as the TTC staff will propose the increase at the company's Nov. 17 meeting.If approved, tokens will cost $2.50...
Report: 1 In 10 Americans Out Of Work
Melvin Baker - AHN Reporter Washington, D.C. (AHN) - More than 10 percent of Americans are out of work, the Labor Department reported Friday. It's the highest rate of unemployment in 26 years.Some 190,000 workers lost their jobs in October,...
Asian Stocks Advance Across Region
Melvin Baker - AHN Reporter Hong Kong (AHN) - Asian markets rose Friday, demonstrating strong upticks across the region.The Nikkei Average added 72 points, or 0.74 percent, to 9,789.4 on gains by exporters.An upgraded forecast by the...
Research In Motion Seeks To Boost Share Prices Through Buy Back Of $1.2 Billion Stocks
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Manulife, Sun Life Post Losses For Q3 2009
AHN Staff Toronto, Ontario (AHN) - Two major Canadian insurers reported on Thursday losses for the third quarter of 2009. Manulife Financial Corporation reported a Q3 loss of $172 million, while Sun Life Financial Incorporated logged a Q3 loss...
Opel Workers In Walkout To Protest GM Move Not To Sell Firm
Windsor Genova - AHN News Writer Berlin, Germany (AHN) - Thousands of workers of Opel walked out of their jobs Thursday to protest the decision of General Motors, the firm's mother company, not to sell the German firm.The workers at...
Arab Satellite Carriers Drop Iranian TV
The Media Line Staff The two main satellite carriers in the Middle East, NileSat and ArabSat, have stopped carrying the Iranian Arabic-language Al-Alam television channel.Al-Alam called the step a "shock move" and a representative of the...
Tyson Found Guilty Of Labor Law Violations In Alabama
Melvin Baker - AHN Reporter Birmingham, AL (AHN) - Poultry producer Tyson Foods Inc. was found guilty of violating federal labor laws by a jury here ThursdayThe conviction stemmed from an investigation by the Labor Department that began nine...
Dow Surges Past 10,000 On Jobless, Production News
Melvin Baker - AHN Reporter New York, NY (AHN) - The Dow Jones Industrial Average added 200 points Thursday to surge past the 10,000 mark as U.S. markets rebounded on positive news of jobless claims and worker productivity.The Dow added 2...
Profits At Murdoch's News Corp. Jump 11 Percent
Melvin Baker - AHN Reporter New York, NY (AHN) - News Corp., the media giant with interests in newspapers, film and television, reported an 11 percent gain in first-quarter profit on Thursday.The New York-based company said net income rose to...
Feds Charge 14 For Insider Trading
Melvin Baker - AHN Reporter New York, NY (AHN) - Fourteen people were accused Thursday of being part of a $20 million insider trading scheme by U.S. prosecutors.One of those charged, Zvi Goffer, was alleged to have been the mastermind of the...
Foreign Minister Invites Dutch Businessmen To Invest In Bangladesh
Siddique Islam - AHN Correspondent Dhaka, Bangladesh (AHN) - Foreign Minister of Bangladesh Dipu Moni on Thursday urged the Dutch businessmen to invest in the emerging sectors of Bangladesh and import its word-class non-traditional products.She...