Finance & Economics

Janome America Inc. Recalls Elna Sewing Machines Due to Fire Hazard

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The U.S. Consumer Product Safety Commission (CPSC) is still interested in receiving incident or injury reports that are either directly related to this product recall or involve a different hazard with the same product.

Holiday Travelers Welcome Back The Vacation

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Forget the staycation; more Americans are heading out for far-away fun this holiday weekend.

Thailand Law Firm Urges Compliance Review Ahead of Proposed Wage Rise

Political parties are promising to increase minimum wages ahead of Thailand's July 3 election. Business groups have warned an immediate wage increase would be a heavy burden for the private sector resulting in decreased competitiveness and increasing cost of living pressures.

Thai law company BSA Law has encouraged employers to review their compliance with Thai labour law in the lead-up to the proposed wage increase.

Spain's 'Indignados' Want Greater Say In Politics

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An urban encampment has sprung up in Madrid's central square, Puerta del Sol. The sit-in, which started a week ago, has rapidly grown in size

Standard Life Reveals That One in Six Don't Plan Their Future Finances

Standard Life has revealed that one in six Brits don't plan their future finances.

Standard Life has found that people in the UK live for the moment rather than the long term, with more than one in six (17%) failing to plan their finances at all, according to recent research from the savings and investments company.

Canada Concludes Second Round of Free Trade Negotiations with Ukraine

Free trade agreement would strengthen people-to-people ties between Canada and Ukraine

The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, today announced the successful conclusion of the second round of free trade negotiations with Ukraine.

Saving Windows Phone 7: 10 Things Microsoft Must Do Now

News Analysis: Microsoft Windows Phone 7 is seeing its market share slip compared with entrenched rivals. Alarms are ringing in Redmond, and Microsoft needs to do something fast to fix it.

Windows Phone 7 is having an exceptionally hard time catching on in the marketplace. Not only is its market share far behind that of Android and iOS, but Microsoft has yet to prove that it can rebuild its ailing mobile division, which continues to appear slow to adapt to the changing demands of today’s consumers and enterprise customers.

When Wall Street Cheats, Do We Lose?

When you read stories of insider trading — resulting in multimillion-dollar profits — by crafty people like hedge fund manager Raj Rajaratnam or arbitrageur Ivan Boesky, it seems like the average investor is at a constant and insurmountable disadvantage.

Most uninsured unable to pay hospital bills according to new HHS report

Bills That Uninsured Cannot Pay Often Passed On to Other Americans

A new report released today by the U.S. Department of Health and Human Services (HHS) shows that few families without health insurance have the financial assets to pay potential hospital bills. On average, uninsured families can only afford to pay in full for approximately 12-percent of hospital stays they may experience – and even higher income uninsured families are unable to pay for most potential hospital stays. Hospital stays for which the uninsured cannot pay in full account for 95-percent of the total amount hospitals bill the uninsured.

U.S. INTERNATIONAL TRADE IN GOODS AND SERVICES : March 2011

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total March exports of $172.7 billion and imports of $220.8 billion resulted in a goods and services deficit of $48.2 billion, up from $45.4 billion in February, revised. March exports were $7.7 billion more than February exports of $165.0 billion. March imports were $10.4 billion more than February imports of $210.4 billion.