Visiting US President Barack Obama got the date wrong by three years when he signed a guestbook at the Westminster Abbey, despite apparently asking the dean what day it was, a media report said on Wednesday.
Wednesday, May 25, 2011
Tuesday, May 24, 2011
Chrysler Pays Back Federal Loans
Chrysler paid back on Tuesday $7.6 billion in loans from the American and Canadian governments, paving the way for its Italian partner, Fiat, to increase its control over the Detroit carmaker.
Supreme Court Orders California To Reduce its Prison Population
On Monday, the U.S. Supreme Court in a 5-4 ruling ordered California to reduce its prison population by more than 33,000 inmates, the Sacramento Bee reports (Stanton, Sacramento Bee, 5/24).
Monday, May 23, 2011
Krispe Kreme Posts Massive Profit
Shares of Krispy Kreme (KKD) soared nearly 17% after the company revealed its strongest quarterly profit in seven years, sharply beating Wall Street estimates, as sales continued to trump higher commodity costs.
Lagarde in wings as candidates emerge for IMF job
The race to succeed disgraced IMF chief Dominique Strauss-Kahn officially got under way Monday, with French Finance Minister Christine Lagarde tipped as the favorite against at least three opponents.
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