No Explanation Found For California Prius Incident
(Washington, DC) -- Government investigators say there's no evidence as yet to prove a California driver's Prius sped out of control on its own last week. The National Highway Traffic Safety Administration engineers revealed they drove the 2008 Toyota vehicle but couldn't replicate the unintended acceleration to nearly 90 miles per hour reported by its owner, Jim Sikes ...Read & Hear More
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Google's Battle With China Continues
(Beijing) -- Doubts about Google's future in China continue to grow. The Internet search giant has been in a standoff with Beijing over censorship on it's Chinese-language search engine and allegations about hacking from within China for two months now ...Read More
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NY Health Commissioner Urges Passage Of Tax On Sugary Drinks
(New York, NY) -- New York state's health commissioner is calling on state lawmakers to pass a penny-per-ounce tax on non-diet sodas and other sugary drinks. Commissioner Richard Daines says research has identified sugary drinks as the food group most strongly linked to rising rates of obesity and diabetes among children and adults ...Read & Hear More
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AIG Cutting Bonus Payouts By Nearly 30-Percent
(Undated) -- About 46-million dollars in retention bonuses will be paid out today by the American International Group. The payouts are about 30-percent less than what had been planned. AIG officials are hoping the saving of 21-million will both placate Kenneth Feinberg, the Treasury's special master for compensation, and will throw cold water on a hot controversy that has haunted the insurance group since the government bailout ...
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U.S. Conglomerate Poised To Purchase Tommy Hilfiger
(Undated) -- An American clothing conglomerate is reportedly nearing a deal to buy Tommy Hilfiger. Sources close to the situation told "The New York Times" Sunday night that Phillips-Van Heusen would pay the British private equity firm Apax Partners around three-billion dollars in cash and stock under the proposed sale ...Read More
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IRS Sends Agents To Collect Four-Cent Debt
(Sacramento, CA) -- A Sacramento, California, carwash owner found himself living a nightmare last week when two IRS agents showed up demanding payment of delinquent taxes. The "Sacramento Bee" quotes Aaron Zeff, owner of Harv's Metro Car Wash, assaying "They were deadly serious, very aggressive, very condescending ...Read More
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