Category Archives: USA

Subway overtakes McDonalds as world’s largest

Subway have today claimed that their Chain is now larger than McDonalds worldwide with 33,749 stores versus 32,737 displaying the famous Golden Arches. However it is still safe to say that McDonalds is much larger in terms of revenue with … Continue reading

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Obama’s Nuclear Plans suffer setbacks

US Preseident, Barack Obama’s hopes of reshaping US foreign policy stand on the brink of failure tonight, after two of his most cherished initiatives, nuclear disarmament and better relations with Moscow, suffered major setbacks. According to a leaked NATO document … Continue reading

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GM to accelerate Volt Electric Car production

General Motors is stepping up production of its new Chevrolet Volt electric car in response to “huge demand,” according to a statement by a top executive yesterday. GM product chief, Tom Stephens, was Speaking at an event where the Volt … Continue reading

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Yahoo announces 87% profit growth results

Yahoo has announced profit growth of a whopping 87% on 1% revenue growth for the first quarter of 2010 versus the same period in 2009. Yahoo’s Chief Executive Officer Carol Bartz said: We had a good quarter, delivering income from … Continue reading

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China tells Obama not to meet Dalai Lama

China this morning warned USA President, Barack Obama, that his plan to meet the Dalai Lama would further erode relations between the USA & China. The White House confirmed yesterday that President Obama would meet the exiled Tibetan leader. The … Continue reading

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Ebay to sell Skype

Reports this morning suggest that EBAY Inc is about to sell Skype to a group of private investors The New York Times this morning reports sources that suggest that Andreessen Horowitz, a new venture capital firm headed by  Marc Andreessen … Continue reading

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USA foreclosures set record in July…again

Home loan defaults continued at a record pace in July despite ongoing programs by government authorities at both federal and state level to avoid foreclosures. Home seizure activity jumped by 7 percent in July from just a month previously and … Continue reading

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