Posts Tagged ‘investment’

Infrastructure spending a bright spot for Seattle economy

Here comes a local infrastructure investment boom. There’s the $3.1 billion Highway 99 corridor, including the deep-bore tunnel beneath downtown Seattle; the $4.6 billion 520 bridge and approaches; the $1.9 billion university light-rail extension, and $750 million for improving passenger train capacity and speeds — even if not true high-speed rail. View full post on [...]

Ahead of Thanksgiving, GM Announces $163 Million Plan To Save 164 Jobs

Ayinde O. Chase – AHN News Editor Detroit, MI, United States (AHN) – Some General Motors workers and their families have extra reason to be thankful this Thanksgiving holiday. The automaker announced a $163.2-million investment in its operations in Flint and Bay City, Michigan, and Defiance, Ohio, to support engine production of three of its [...]

Indian PM, Obama Agree India Not Stealing American Jobs

AHN News Staff New Delhi, India (AHN) – Indian Prime Minister Manmohan Singh insisted Monday that instead of “stealing American jobs,” India was helping “improve the productive capacity and productivity of America.” Speaking with Singh at a joint press conference at Hyderabad House, U.S. President Barack Obama tried to assuage India’s fears over his views [...]

Foreign Investment Returns To Middle East, But Cautiously

The Media Line Staff Abu Dhabi, United Arab Emirates David Rosenberg – Less than a year after Dubai World holding company shocked global investors by asking to delay repayment of its debt, money from abroad is flowing back to the Middle East. But the region still has a long way to go before it returns [...]

YoungBin Cho, General Manager of Dassault Systèmes Korea, Honored for Attracting Foreign Investment

SEOUL, South Korea–(BUSINESS WIRE)–Dassault Systèmes (DS), a world leader in 3D and Product Lifecycle Management (PLM) solutions, announced that Young-bin Cho, general manager of Dassault Systèmes Korea, has won Commendation of Prime Minister for attracting foreign investment during ‘Foreign Company Day 2010′ hosted on November 3 by Ministry of Knowledge Economy and organized by Korea [...]

Cameron reassures business over immigration cap

Prime minister tells CBI government will adopt a flexible approach that will not impeded them from attracting the ‘best talent from around the world’ David Cameron today sought to reassure Britain’s business leaders that the coalition will not block them from recruiting highly skilled staff from around the world when a permanent cap on non-EU [...]

Extended Stay Exits Bankruptcy After Buyout By Investment Group – Update

Extended Stay Inc., a hotel chain, said that it has emerged from Chapter 11 bankruptcy protection after it was acquired by an investment group comprising Centerbridge Partners, L.P., Paulson & Co. Inc., and Blackstone Real Estate Partners VI L.P. (BX) for $3.925 billion. View full post on Business Stories

New Financial Regulatory Law Shows Signs of Progress, Senate Witnesses Say

Tom Ramstack – AHN News Correspondent Washington, D.C., United States (AHN) – A new federal law to prevent major banks from disrupting the nation’s economy shows early signs that it is restoring the confidence of investors, according to witnesses at a Senate hearing Thursday. The heads of financial regulatory agencies testified on progress of the [...]

Government Seeks New Way to Predict Economic Crises, Bernanke Says

Tom Ramstack – AHN News Correspondent Princeton, New Jersey, United States (AHN) – Government economists are revamping the economic models they use after being surprised by the recession that started in December 2007, Federal Reserve Board Chairman Ben Bernanke said Friday. “From now on, we are going to be much more attentive to the system [...]

Government Seeks New Way to Predict Economic Crises, Bernanke Says

Tom Ramstack – AHN News Correspondent Princeton, New Jersey, United States (AHN) – Government economists are revamping the economic models they use after being surprised by the recession that started in December 2007, Federal Reserve Board Chairman Ben Bernanke said Friday. “From now on, we are going to be much more attentive to the system [...]

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