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Entries for September, 2010

Fisher-Price Recalling 10 Million Children’s Products

Ayinde O. Chase – AHN News Editor Washington, DC, United States (AHN) – Fisher-Price is recalling millions of children’s products over safety fears. Some of the 10 million products included in the recall are tricycles, toys and high chairs. According to the Consumer Product Safety Commission, two of the products being recalled have cause injuries. [...]

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Anti-Austerity Protests Hit Europe

Windsor Genova – AHN News News Writer Madrid, Spain (AHN) – Protesters marched on the streets of European cities on Wednesday to air their opposition to their governments’ spending cuts as a nationwide strike in Spain crippled Madrid and Barcelona. Protesters in Greece, Italy, Ireland and Latvia blamed banks and traders for the global financial [...]

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Commercial Loans – New Investors Seeking Hard Money Loans

Some of the more sophisticated real estate investors try to avoid hard money loans due to the high interest rates. However, a hard money lender may prove to be beneficial for the right type of property. Many individuals will be surprised to learn that a large amount of successful real estate investors often turn to hard money lenders.

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Report: British Households Save $45,000 In Past 10 Years

A report released Tuesday by Lloyds TSB confirmed that many Britons are savers, not spenders. The report said British households saved on the average about $45,000 (30,000 pounds) in the last 10 years View full post on Banking Stories

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HP Gets Florida’s $20M Early Education Plan

Jeehan Fernandez – AHN News Writer Tallahassee, FL, United States (AHN) – HP Enterprise Services has been awarded a $20 million contract to develop, design, implement and maintain the Early Learning Information System (ELIS) for enhancement of preschool education programs by the State of Florida’s Agency for Workforce Innovation. ELIS is a consolidated information system [...]

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Kohl’s Opens 21 Stores, Adds 4,000 Jobs

Jeehan Fernandez – AHN News Writer Menomonee Falls, WI, United States (AHN) – Kohl’s Department Stores opened 21 new stores nationwide Wednesday, creating 3,000 jobs across 15 states from California to New York this fall. The company also opened a new customer service and operations center in San Antonio, TX, which recently hired some 200 [...]

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Ex-Union Leader Stern Denies FBI Corruption Probe

Windsor Genova – AHN News News Writer Washington, D.C., United States (AHN) – Former Service Employees International Union (SEIU) boss Andrew Stern on Wednesday denied that he is being investigated by the FBI for corruption. The union e-mailed Stern’s statement saying he doesn’t think he is being investigated reportedly for SEIU’s purchase of thousands of [...]

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HP Buys 3PAR For $2.35 Billion

Jeehan Fernandez – AHN News Writer Palo Alto, CA, United States (AHN) – HP has acquired 3PAR Inc. for a price of $33 a share in cash or an enterprise value of $2.35 billion, the company announced Tuesday. A leading global provider of utility storage, 3PAR technologies expand HP’s storage portfolio into enterprise-class public and [...]

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Swedish Police Release PIA Bomb Suspect

AHN News Staff Stockholm, Sweden (AHN) – Swedish police have released a Pakistani-born Canadian after keeping him in custody for two days after a report of a bomb aboard a plane. Airport authorities arrested the man on Saturday on suspicion of plotting to blow up a Pakistani-bound aircraft at Stockholm’s Arlanda airport. A bomb threat [...]

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Hard Money Lending is Helping The Economy

Hard Money Lending is Helping the Economy For real estate investors access to conventional funding through banks for real estate projects has become difficult to obtain. Banks have tightened up their requirements for lending, and any blemish on your record can disqualify you for a loan. Additionally the amount of paperwork required to obtain a [...]

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