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Mar 17, 2011 Comments Off

House votes to cut off federal funds for NPR (AP)

House Majority Leader Eric Cantor of Va., left, and House Majority Whip Kevin McCarthy of Calif., right, meet reporters on Capitol Hill in Washington, Monday, March 14, 2011, as Congress resumes work on another short-term spending compromise to keep the government running. (AP Photo) AP – The House on Thursday voted to end federal funding to National Public Radio. Republican supporters said it made good fiscal sense, and Democratic opponents called it an ideological attack that would deprive local stations of access to programs such as “Car Talk” and “All Things Considered.”


Nov 23, 2010 Comments Off

China Xiniya launches IPO at $11 per share (AP)

AP – China Xiniya Fashion says it launched its IPO at $11 per share Tuesday, and the stock remained relatively stable in morning trading.

Oct 16, 2010 Comments Off

Dolce and Gabbana accused of tax evasion: report (AFP)

Fashion designers Domenico Dolce (R) and Stefano Gabbana acknowledge the audience at the end of Dolce and Gabbana spring-summer 2011 ready-to-wear collection in September. Italian prosecutors have accused the fashion house of failing to declare revenues of around 840 million euros (1.2 billion dollars), Italy's main business daily reported on Saturday.(AFP/Giuseppe Cacace) AFP – Italian prosecutors have accused the fashion house Dolce and Gabbana of failing to declare revenues of around 840 million euros (1.2 billion dollars), Italy’s main business daily reported on Saturday.


Sep 7, 2010 Comments Off

Phillips-Van Heusen 2Q results top outlook (AP)

AP – Clothing maker Philips-Van Heusen Corp. on Tuesday posted a fiscal second-quarter loss as hefty costs linked to restructuring and the acquisition of the Tommy Hilfiger brand offset a surge in revenue. But adjusted results and the company’s full-year outlook topped Wall Street expectations, sending shares up in aftermarket trading.

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