Americas News

Last updated: Wednesday, October 22, 2014 8:00:04 AM

US economy suffers worst decline in 26 years
Washington, March 26 (IANS) The US economy suffered its largest drop in 26 years during the last three months of 2008 with the nation's gross domestic product declining by 6.3 percent, according to an official report Thursday.

Thursday, March 26, 2009 8:46:56 PM

US seeks dramatic expansion of financial regulatory powers
Washington, March 26 (DPA) US President Barack Obama's administration, in a massive overhaul of the country's financial regulatory system, is seeking the power to keep watch on all types of financial firms and to seize failing companies integral to the health of the system.

Thursday, March 26, 2009 8:33:46 PM

US economy shrank 6.3 percent in 2008 final quarter
Washington, March 26 (DPA) The US economy shrank by 6.3 percent in the final quarter of 2008, according to an adjusted figure released Thursday by the US Commerce Department.

Thursday, March 26, 2009 7:18:07 PM

IBM cutting 5,000 jobs in US, shifting them to India
Washington, March 26 (IANS) International Business Machines (IBM) Corp. plans to lay off about 5,000 US employees, with many of the jobs being transferred to India, a media report said Thursday.

Thursday, March 26, 2009 7:14:41 PM

Knee X-rays can be used for identification
Washington, March 26 (IANS) Forget complex retinal laser scanning or even computerised iris recognition; the way forward for biometric validation is a quick X-ray snapshot of a person's knees.

Thursday, March 26, 2009 6:40:03 PM

'Soft skills' predict financial, social success later in life
Washington, March 26 (IANS) High school students who had good social skills and work habits and took part in extracurricular activities made more money and completed higher levels of education than their classmates.

Thursday, March 26, 2009 6:19:51 PM

Poisonous arsenic getting into groundwater, thanks to bacteria
Washington, March 26 (IANS) Scientists have found out why groundwater in large parts of eastern India and other Asian countries is poisoned by arsenic. The arsenic is being converted by a bacteria to a form that is easily soluble in water, and then this poison is seeping into aquifers.

Thursday, March 26, 2009 5:51:30 PM

IBM to lay off 5,000 in US, outsource to India
New York, March 26 (DPA) US computer firm IBM plans to lay off 5,000 workers in its service area in the US, and outsource the majority of them to India, the US business daily Wall Street Journal reported Thursday, citing an insider.

Thursday, March 26, 2009 5:23:49 PM

Worst of recession over for Brazil: Government economists
Rio de Janeiro, March 26 (EFE) Brazil will witness overall economic growth this year despite a 3.6 percent contraction in the fourth quarter of 2008, the state-funded Institute for Applied Economic Research (IPEA) has said, indicating that the worst of recession was over for Latin America's biggest economy.

Thursday, March 26, 2009 4:37:22 PM

US offers $5 mn reward for Baitullah Mehsud
Washington, March 26 (IANS) The US has offered a $5 million reward for information on Baitullah Mehsud, a senior leader of the Tehrik-e-Taliban who is linked to the assassination of former Pakistani prime minister Benazir Bhutto.

Thursday, March 26, 2009 3:04:13 PM

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