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Wednesday, July 29, 2015
Biden, NY governor lift lid on plans to overhaul 'third world' LaGuardia
A year after comparing New York's LaGuardia Airport to "some Third World Country," U.S. Vice President Joe Biden helped unveil an ambitious plan Monday to rebuild its collection of aging terminals into a modern, unified hub while easing congestion by doubling the space available for planes to operate.
The U.S. dollar recovered slightly against the yen Tuesday, although gains were limited as investors remain on edge after a sharp plunge in Chinese stock markets hit risk sentiment.
Tuesday, July 28, 2015
Bullishness is not a word much associated with Janet Yellen since she became U.S. Federal Reserve chair 18 months ago, but that could change with the Fed's next policy meeting.
Regulators in the northern U.S. state of South Dakota this week will consider whether to approve for the second time in just over five years construction th
Sunday, July 26, 2015
Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the U.S. just days after two hackers revealed that they took control of a Jeep Cherokee SUV over the Internet.
Even as TV watchers increasingly go online, AT&T has become the country's biggest traditional TV provider with its US$48.5 billion purchase of DirecTV.
Friday, July 24, 2015
The EU accused six top Hollywood studios and the Sky TV pay channel on Thursday of breaching antitrust laws, in the latest salvo in Brussels' efforts to break down digital barriers in Europe.
U.S. President Obama's administration has given Royal Dutch Shell PLC approval to begin limited exploratory oil drilling off Alaska's northwest coast.
Thursday, July 23, 2015
Citi ordered to refund US$700 million for deceptive practices
Nine million credit card customers will receive refund checks from Citigroup after U.S. regulators forced the bank to repay US$700 million and fined it US$70 million for illegal and deceptive practices.
Wednesday, July 22, 2015
Fed directs 8 biggest US banks to hold extra capital
Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.
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