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Entries Tagged ‘year’

Survey: Companies giving more parties and holiday perks this season

Ayinde O. Chase – AHN News Editor Chicago, IL, United States (AHN) – The economic grip which had been strangling most offices during the holiday season appears to be loosening its stronghold on holiday cheer in the office. According to a recent survey employers indicate they intend to offer more holiday perks (bonuses, parties, gifts) [...]

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Unemployment Benefits Expire Tuesday

Kris Alingod – AHN News Contributor Washington, DC, United States (AHN) – Two million Americans are set to lose their insurance after jobless claims expire on Tuesday. Lawmakers returned from their Thanksgiving break on Monday without voting on extending them. About 800,000 workers who have been searching for jobs for at least six months will [...]

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Protest Fizzles for Opting Out of Airport Security Checks

Tom Ramstack – AHN News Correspondent Washington, D.C., United States (AHN) – The protest that was supposed to tie up check-in lines at airports nationwide Wednesday fizzled into a few minor cases of grumbling while most passengers moved smoothly toward their flights. Some travelers upset over the Transportation Security Administration’s aggressive new screening tactics tried [...]

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Campbell Soup 1Q Profit Down 8 Percent

Kris Alingod – AHN News Contributor Camden, NJ, United States (AHN) – Campbell Soup’s earnings for the first quarter of 2011 slid 8 percent but the company maintained its full fiscal year outlook. Net income for the period ended Oct. 31 was $279 million, or 82 cents per share, down from $304 million, or 87 [...]

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Palestinian Economy Booming, Thanks To Foreign Aid

The Media Line Staff Gaza, Palestinian Territory (TML) – In the lobby, a pair of workers is hanging large portrait photographs of Yasser Arafat and Mahmoud Abbas, while outside a construction scaffolding sits close by the front entrance, but otherwise the West Bank’s first five-star hotel is open for business. Banners advertising the Palestinian stock [...]

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Sears Posts Wider 3Q Loss

Kris Alingod – AHN News Contributor Hoffman Estates, IL, United States (AHN) – Sears Holdings reported a wider third-quarter loss on Thursday as domestic sales of home appliances continued to slide. Net loss for the period ended on Oct. 30 was $218 million, or $1.98 a share, up from $127 million, or $1.09 per share, [...]

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British Government Promises Review Of Rules, Taxes To Encourage New Enterprises

AHN News Staff London, England, United Kingdom (AHN) – British Prime Minister David Cameron promised Monday a review of regulations and taxes to encourage Britons to set up new enterprises, rather than just looking for jobs. By setting up businesses, more jobs would be generated. Cameron made the pledge as Britain observes Global Entrepreneurship Week [...]

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Whirlpool 3Q Profits Down 9.2 Percent

Kris Alingod – AHN News Contributor Benton Harbor, MI, United States (AHN) – Whirlpool reported third-quarter profits Wednesday that met analysts’ expectations but declined 9.2 percent. The world’s largest appliance manufacturer lowered its full-year outlook for shipments in North America, citing a challenging economy. Earnings for the quarter ended Sept. 30 was $79 million, or [...]

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Vestas 3Q Profit Drops; To Close Denmark Plants

Kris Alingod – AHN News Contributor Randers, Denmark (AHN) – Vestas, the largest wind power maker in the world, posted a double-digit drop in profit for the third quarter on Tuesday and said it would have to cut 3,000 jobs mainly in Denmark to remain competitive. Net income fell 24 percent to 126 million euros [...]

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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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