Daily News Channel
Though the reclusive Erik Prince stepped down as CEO of the private security company Blackwater in March, some explosive new headlines have put him back in the spotlight. According to a report in The Nation, an ex-Blackwater employee has alleged in federal testimony that Prince may have been involved in the murder of unnamed individuals assisting a federal investigation into Blackwater’s actions in Iraq and Afghanistan
It’s Friday night, and you want to watch a movie at home with that special someone. You could go to a video store and rent a film, and instantly it’s yours; popcorn extra.
An additional 440,000 Honda vehicles are being added to a recall initially announced in November to repair a potential defect in airbag inflation systems, American Honda Motor Co. said Friday
The head of Swedish-based telecommunications giant Ericsson says he believes the company is well placed to come through the economic crisis despite suffering a slump in profits.
In Washington there are bailouts to be had for banks and car companies, but what about Portland’s Oregon Ballet Theatre? OBT’s 20th anniversary season is around the corner, but its budget has dropped 28%.
The fortunes of Six Flags, the country’s largest regional theme-park operator, have fallen more steeply than its roller coasters.
Porsche announced Thursday that its longtime chief executive is stepping down, a move that may pave the way for a takeover by Volkswagen. Wendelin Wiedeking has been in the driver’s seat at Porsche for 17 years. Also stepping down is Holger Haerter, Porsche’s chief financial officer.
Sales of the flu drug Relenza shot up 1,900 percent from a year ago as governments around the world stockpiled in preparation for a swine flu pandemic, drugmaker GlaxoSmithKline said Wednesday.
Troubled British Airways plans to raise nearly a billion dollars of emergency cash funding as it tries to survive the current economic downturn, the airline said Friday. The news is an indication of bad times at BA, which is facing the threat of summer strikes by ground staff. Earlier this month, its pilots accepted a pay cut in exchange for the promise of shares to help the airline save money
When Huang Long Hao stepped on stage carrying a kitchen sink to battle against a team of hundreds of Chinese consumers on a recent Saturday afternoon, he knew that he and the sink were most likely going to lose.