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A spokeswoman for the U.S. Embassy in Nigeria says a U.S. citizen kidnapped in the country’s oil-rich southern delta has been released.
Spokeswoman Deb MacLean told The Associated Press on Friday the man had been released. She declined to offer any other information.
Police previously said the attack happened in Warri, the capital of Delta state. The […]
Filed under: banks, technology by Forest
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Markets advanced further Wednesday on hopes the International Monetary Fund would get more money and as Greece resumes discussions with private creditors to get them to agree to reduce the value of their holdings of Greek debt.
Following a breakdown of talks last Friday, investors remain nervous about what may happen, though sentiment has been shored […]
Filed under: legal, management by Forest
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Face recognition and detection technology is becoming cheaper, faster, and much more commonplace, raising the question of whether people will be able to remain anonymous in the near future.
Digital signs and sensors that detect and recognize faces are no longer a matter of science fiction. They are real and are popping up everywhere from […]
Grocery store operator Supervalu says its fiscal third quarter net loss widened due to costs related to a turnaround plan, continued high food prices and a cautious consumer.
The company is facing high food costs as well as costs related to a restructuring plan which involves closing stores, selling off some businesses and lowering debt.
The company […]
Filed under: Uncategorized, finance by Forest
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China’s import growth showed an unexpectedly sharp drop in December in a new sign the world’s second-largest economy is slowing.
December growth in imports fell to 11.8 percent, barely above half the previous month’s 22.1 percent gain, customs data showed Tuesday. Exports rose 13.4 percent, down slightly from November’s growth rate. The country’s politically sensitive global […]
The number of people seeking unemployment benefits fell further in the final week of 2011, a positive sign for hiring one day ahead of Friday’s December employment report.
The Labor Department says weekly applications dropped 15,000 to a seasonally adjusted 372,000 last week. It was the fourth drop in five weeks. The four-week average, which smooths […]
Companies cranked out more goods in December and pending sales of existing homes jumped in November for a second month, pointing to a pickup in U.S. economic growth as 2011 comes to a close.
The Institute for Supply Management-Chicago Inc. said today its business barometer (CHPMINDX) was little changed at 62.5 from a seven- month […]
Filed under: management, technology by Forest
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The past 12 months in law and technology were exceptionally active, with legislative battles over privacy and copyright, near-continuous controversy at the CRTC, and an active Supreme Court of Canada docket. A look back at 2011 from A to Z:
A is for the Amazon one-click patent, which is at the centre of a long-running fight […]
First Solar Inc. on Wednesday cut its earnings and revenue estimates for 2011 due to weather delays and other unspecified issues with some company projects.
The Tempe, Ariz. solar manufacturer said it expects to earn between $5.75 and $6 per share on revenue of $2.8 billion to $2.9 billion in 2011. That’s down from an already […]
Gunmen have freed three foreign workers, two from the U.S., kidnapped from a ship supplying a Chevron Corp. offshore oil field near Nigeria’s coast, authorities said Friday.
The U.S. Embassy in Abuja and Chevron separately confirmed the release of the kidnapped workers from contractor Edison Chouest Offshore, based in Galliano, Louisiana. A spokesman for Edison Chouest […]