Friday, March 30, 2012

USA - World's Busiest Airport at Hartsfield-Jackson Atlanta International Airport Getting Busier

Published on Mar 30, 2012 by
A new $1.4 billion international terminal is set to open in May at the world's busiest airport. The terminal at Hartsfield-Jackson Atlanta International Airport is set to open on May 16 and has been in the works for 12 years. (March 30)

USA - Raw Video: Lottery Rush: 'I Hope I Win' world-record $640 million prize

Published on Mar 30, 2012 by
In convenience stores around Washington, lines are forming and people are doling out cash for the MegaMillions lottery, with its world-record $640 million prize. (March 30)


Britain - George Galloway: Tony Blair put Labour on the path of treason

Uploaded by on Mar 30, 2012
The newly-elected Respect MP for Bradford West blames Labour's by-election
woes on the former Labour leader, Tony Blair who threw him out of the party

USA - Consumer Spending Rises 0.8%, More Than Expected

Uploaded by on Mar 30, 2012
The Commerce Department reported today consumer spending rose 0.8%, the largest gain in seven months. This is more than expected with the average consensus estimate around an increase of 0.6%

This brings hope that the biggest part of the economy is strengthening. However, another part of the report showed incomes advanced only 0.2%, less than the forecasted 0.4% increase by analysts.

But, factoring in all of the data, investors are still optimistic. Ten minutes after the opening bell, all major indices were up slightly, all over a quarter of a percent higher.

China - Analysts Say Foxconn (where Apple products are made) Workers Have Little Voice

Published on Mar 30, 2012 by
Workers who assemble iPhones and iPads often put in more than 60 hours per week _and sometimes work for a week straight_ in violation of Chinese law, according to an audit of the Chinese factories where Apple products are made. (March 29)

USA - Raw Video: NYC Bridge Accident, Water Search

Published on Mar 30, 2012 by
Emergency units are searching the waters beneath the Throgs Neck Bridge in the Bronx following a construction accident. The fire department says a person called the EMS dispatcher about a person in the water. (March 30)

Spain - Winemaker Looking to Exports

Published on Mar 30, 2012 by
A prominent Spanish winemaker wrestling with the pressures of operating in a country in economic trouble is looking to get a boost from abroad. (March 30)

What's In The News: March 30, 2012 Boeing (NYSE:BA) JetBlue Airways (NYSE:JBLU) AIG (NYSE:AIG)

Uploaded by on Mar 30, 2012
This is what's in the news for Friday March 30, 2012. The Wall Street Journal reports natural gas futures fell 5.8% to a new 10 year low after the U.S. government reported a larger-than-expected rise in natural gas inventories, as demand remained weak as production increases. The Wall Street Journal also reports to avoid a production shut down, Boeing (NYSE:BA) thinks new orders for its C-17 military cargo plane may come from the Middle East or Asia. Reuters reports although Deutsche Lufthansa (PINK:DLAKY) won't end its investment in JetBlue Airways (NYSE:JBLU), the possibility remains that it could do so in the future depending on the German airline's capital needs. Finally, Bloomberg reports new rules in China have companies, including AIG (NYSE:AIG) and Allianz SE (PINK:AZSEY), ready to take a larger share of the $50B that the country'’s drivers spend annually on car insurance.