Caribbean Herald
CaribbeanHerald.com Saturday 4th September 2010 Volume 247/8
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Wall Street continues upward trendWall Street continues upward trend
The Dow Jones rose more than 100 points Friday, the third day of gains for the key...


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Sexual harassment claims lead to big settlement in USSexual harassment claims lead to big settlement in US
A $5.8 million sexual harassment settlement will be paid by a building maintenance firm in the...
Large-sized Mini to hit the streetsLarge-sized Mini to hit the streets
The Mini family is about to get a new member with the upsized Countryman...
Accident claim ends with Ford paying restitutionAccident claim ends with Ford paying restitution
A Mississippi court has heard that the Ford Motor Co will pay $130 million over an accident that occurred in a Ford...
Royal Mail introduces electronic stampRoyal Mail introduces electronic stamp
Britain’s royal Mail has sold its first "intelligent"...
Jewish survivors say French Railway should lose US bidJewish survivors say French Railway should lose US bid
Holocaust survivors and the families in the US have objected strongly to a French Railway bid for high-Speed tracks in Florida, which will eventually connect Tampa and...
Cold winter was good for GazpromCold winter was good for Gazprom
The cold winter in the first three months of the year has boosted the profits of Russia’s...
Galaxy becomes competitor to iPadGalaxy becomes competitor to iPad
Samsung has unveiled its likely competitor to the Apple...
iPod nano has multi-touch interfaceiPod nano has multi-touch interface
Apple has come up with a new iPod nano with a multi-touch...
Microsoft Outlook 2010 Training DVD - Tutorial Video. Self Paced...
New York, NY (PRWEB) September 4, 2010 Professional training and eLearning solutions company Infinite Skills has released a new video course introducing the tools available in Microsoft Outlook 2010....
BP spill costs hit $ 8bn as crews unearth clues
Gulf of Mexico disaster, the company has revealed as its crews retrieved key evidence from the seabed. Robotic submarines recorded the delicate operation as engineers raised a failed blowout...
Open-Xchange Releases Free Migration Tool For Microsoft Outlook Users
NUREMBERG, GERMANY, September 04, 2010 /24-7PressRelease/ -- Open-Xchange, a provider of business-class open source collaboration software, announced the availability of data migration tools for...
Tax Bill Shocker After Revenue Blunder
HM Revenue and Customs are expected to arrive on Tuesday with the rest due before Christmas. Some individuals may find they have both underpaid and overpaid, with the payments cancelling each other...
Tax collection. Now there's a moral crusade for the Tories | Polly Toynbee
The star chamber is in session. Any foot-draggers in the cabinet are due to be hauled before it if they fail to offer up 25% or even 40% cuts in time for the mass slaughter of the public sector next...
US loses 54,000 jobs, President Obama promises new package
Barack Obama promised a new package of ideas next week on job creation and lashed out at Republicans for blocking a legislation to help small business. Obama's renewed criticism of opposition...
US stocks surge, investors upbeat
September 4, 2010 New York - US stocks posted gains on Friday as investors were cheered by a better-than-expected monthly report on the unemployment situation. The US jobless rate rose slightly in...
US: BP Has Replaced Blowout Preventer At Deepwater Horizon Well
BP .LN) successfully replaced a damaged blowout preventer at the well that unleashed the Deepwater Horizon oil spill, paving the way for responders to finally kill the well, the head of the federal...
RPT-UPDATE 1-Google settles Buzz privacy lawsuit
Google Inc hassettled a lawsuit accusing it of privacy violations inconnection with its Buzz social networking service, accordingto a court document filed on Friday. The settlement filing comes on...
Video: The Best and Worst Burger Joints
A recent survey of Consumer Reports' subscribers finds that lesser-known fast food chains such as In-N-Out and Five Guys have better tasting hamburgers than McDonald's or Burger King. Erica Hill...
Video: America's Failing Infrastructure
The American Society of Civil Engineers issues a report card every 4 years on the state of America's infrastructure. In the last two report cards, the nation got a D. Richard Schlesinger continues...
Video: Job Growth Exceeds Expectations
The job growth for the month of August exceeded expectations with American businesses creating 67,000 jobs in August. But as Anthony Mason reports, there still lies great uncertainty in the country's...
Video: Diminished Earl Still A Threat
Hurricane Earl, despite now having been downgraded to a Category 1 hurricane, continues to cause havoc along the East Coast for residents and business owners. Elaine Quijano...
McDonald?s Flunks Burger Taste Ratings
The Best and Worst Burger Joints A recent survey of Consumer Reports' subscribers finds that lesser-known fast food chains such as In-N-Out and Five Guys have better tasting hamburgers than...
Video: Earl Threatens Cape Cod Shoreline
Hurricane Earl, despite now having been downgraded to a Category 1 hurricane, continues to cause havoc along the East Coast for residents and business owners. Elaine Quijano...
Plane Wreckage Removed From SF Bay Area Lagoon
A small plane is being raised on Friday, Sept. 3, 2010 that crashed in a lagoon on Thursday in Redwood City, Calif. (AP Photo/Paul Sakuma) (AP) The wreckage of small plane that crashed in a lagoon...
St. Paul gets top ranking for speedy Internet
Despite a hot summer, have we been moving faster? Ookla, a well-known Seattle company that measures the speed of Internet connections, says St. Paul has recently become No. 1 in the nation in...
Ex-Valspar worker pleads guilty
A former chemist for Valspar Corp. pleaded guilty this week to stealing trade secrets worth up to $20 million from the Minneapolis-based paint and coatings company as he prepared to go to work for an...
Anxiety in the Gulf: Latest fire leaves oil industry wondering when it can get back to work
Boats are seen spraying water on an oil and gas platform that exploded in the Gulf of Mexico, off the coast of Louisiana., Thursday, Sept. 2, 2010. All 13 crew members were...
BP: Blowout preventer that failed to stop Gulf of Mexico oil leak removed from well
NEW ORLEANS - BP PLC said the blowout preventer that failed to stop oil from spewing into the Gulf of Mexico was removed from the company's well on Friday afternoon. The process of raising it to...
Stocks to Watch: Stocks in focus Tuesday: Casey's, Flow Int'l
SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Tuesday's session are Casey's General Stores Inc., Phillips-Van Heusen Corp., and Flow...
Market Snapshot: Short week to have some economic impact
SAN FRANCISCO (MarketWatch) -- Investors will likely focus on consumer credit and jobs in the holiday-shortened week ahead. Better-than expected unemployment figures Friday helped boost the Dow...
Treasury 10-Year Notes Drop, Yield Curve Steepens on Jobs Gain
Sept. 4 (Bloomberg) -- Treasury 10-year notes and 30-year bonds dropped for a second week for the first time since April as a bigger-than-forecast gain in company payrolls eased concern the U.S....
Obama Pledges New Measures Next Week to Boost Economy and Jobs
Sept. 4 (Bloomberg) -- President Barack Obama promised to roll out “new ideas” to boost growth and spur hiring next week as he embarks on economy-focused trips to the Midwest with less...
Fed May Face Less Pressure to Add Stimulus After Jobs Report
Sept. 4 (Bloomberg) -- Higher-than-forecast U.S. private job gains may reduce pressure on Federal Reserve policy makers to add monetary stimulus this month without closing the door to a move later...
Tax Shocker After Inland Revenue Blunder
HM Revenue and Customs are expected to arrive on Tuesday with the rest due before Christmas. Some individuals may find they have both underpaid and overpaid, with the payments cancelling each other...
Japan Noda warns on yen, suggests joint steps difficult
(For more stories on the Japanese economy, click) TOKYO, Sept 4 (Reuters) - Japanese Finance MinisterYoshihiko Noda said on Saturday Tokyo would take decisive stepsto stem the yen's rise when needed,...
China 2010 trade surplus seen at $150 bln - paper
China may record a smallertrade surplus of $150 billion in 2010 as imports will likelyrise in the next few months while exports growth slows,...
Earl downgraded from hurricane to tropical storm
Hurricane Earl wasdowngraded to a tropical storm Friday, weakening as itswirled up the U.S. eastern seaboard, the U.S. NationalHurricane Center said. The storm, which earlier had been a major...
KT Corp: To Start Offering IPhone 4 In S Korea On Sept 10
iPhone 4 in the country starting Sept. 10. KT, South Korea's second-largest mobile carrier by revenue, had said last month that it will start offering the touchscreen device sometime in September and...
China tells state companies to explore Potash bid
Potash Corp mill general superintendent Trevor Berg holds a handful of chicklet potash inside the Cory mine facilities near Saskatoon August 19,...
BP says failed blowout preventer off Gulf well
HOUSTON (Reuters) - BP Plc removed a failed blowout preventer from atop its ruptured Gulf of Mexico oil well on Friday afternoon, a company spokesman...
Shareholder group urges rejection of Kinross-Red Back merger
TORONTO -- The proposed US$7.1-billion merger between Kinross Gold Corp. and Red Back Mining Inc. has been rejected by proxy research firm Institutional Shareholder Services (ISS), which is worried...
Jobs Report Helps Stocks Extend September Rally
The stock market had its first winning week in a month thanks to better news on the economy. The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains. The strong...
Obama to Launch New Economic Aid Package
(AP) Eager to jumpstart the economy ahead of crucial midterm elections, President Barack Obama said Friday he intends to unveil a new package of proposals, including tax cuts and targeted spending,...