Daily Archives: Sep 17, 2015
Federal Reserve Holds Interest Rates Unchanged
The Federal Reserve has decided to hold interest rates unchanged, keeping them at the same level since December 2008. The central bank said nine members...
GM Agrees to Pay $900 Million Settlement for Defective Ignition Switches
The Justice Department has reached a $900 million settlement with General Motors over the issue of faulty ignition switches. GM was being investigated for not...
American Airlines Flights Grounded at Major US Airports
A computer glitch has grounded all American Airlines flights from Miami, Dallas and Chicago, the Federal Aviation Administration (FAA) has announced. According to the FAA,...
Refugees Push Through Croatian Police Lines in Tovarnik
Thousands of refugees pushed through the Croatian riot police lines in the town of Tovarnik at the Serbian border. Refugees waiting for hours in blazing...
New Zealand Vetoes Lochinver Station Purchase by China’s Shanghai Pengxin
New Zealand's government has decided to block the $56 million purchase of local farm Lochinver Station by Chinese company Shanghai Pengxin. The government said it...
Japan Stock Market Closes Higher Despite August Trade Data
Japan’s stock market headed higher on September 17 despite trade data for August coming in below market expectations. Japanese exports rose 3.1% from a year...
Suzuki Buys Back Nearly 20% Stake Held by Volkswagen for $3.8 Billion
Suzuki has bought back a nearly 20% stake held by Volkswagen for 460 billion yen ($3.8 billion). The Japanese carmaker bought almost 120 million shares...
Steve Rannazzisi Admits Lying About Surviving 9/11 Attacks
Steve Rannazzisi has admitted lying over escaping from the twin towers during the 9/11 terror attacks. The comedian has previously described working at Merrill Lynch's...
Burkina Faso Coup: General Gilbert Diendere Named Country’s New Leader
General Gilbert Diendere, a close ally of former Burkina Faso President Blaise Compaore, has been named the country's new leader after presidential guard officers...
Refugee Crisis: UN Condemns Treatment of Asylum Seekers at Hungary-Serbia Border
United Nations Secretary General Ban Ki-moon has said he is "shocked" after Hungarian riot police used tear gas and water cannon against refugees at...
Chile Earthquake 2015: One Million People Evacuated as Tremor Triggers Tsunami Alert
More than one million people have been evacuated in Chile after an 8.3-magnitude earthquake hit the country's central region. At least five people died when...