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McDonald’s restaurant to close all locations in Iceland

Thursday, October 29, 2009 File:El Maco.jpg Icelandic advertisement for El Maco (Big Mac)(Image missing from Commons: image; log) McDonald’s, the international fast food restaurant chain, will cease all operations in Iceland by the end of October. The company blames the closure of the nation’s three outlets on drastically increased costs of importing its food ingredients, […]

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Hotel development proposal could displace Buffalo, NY business owners

Buffalo, N.Y. Hotel Proposal Controversy Recent Developments “Old deeds threaten Buffalo, NY hotel development” — Wikinews, November 21, 2006 “Proposal for Buffalo, N.Y. hotel reportedly dead: parcels for sale “by owner”” — Wikinews, November 16, 2006 “Contract to buy properties on site of Buffalo, N.Y. hotel proposal extended” — Wikinews, October 2, 2006 “Court date […]

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Several groups seek to purchase Saturn auto brand

Thursday, May 7, 2009 Penske Automotive Group, Inc., an Ohio-based investment group and Telesto Ventures have indicated separately that they are interested in purchasing the Saturn auto brand from General Motors (GM). According to The Wall Street Journal, Nissan-Renault is interested in purchasing Saturn. Bloomberg, however, indicated that Nissan-Renault may be a partner of Penske’s […]

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Alternative to controversial hotel proposed to Buffalo, N.Y. business owners and residents

Buffalo, N.Y. Hotel Proposal Controversy Recent Developments “Old deeds threaten Buffalo, NY hotel development” — Wikinews, November 21, 2006 “Proposal for Buffalo, N.Y. hotel reportedly dead: parcels for sale “by owner”” — Wikinews, November 16, 2006 “Contract to buy properties on site of Buffalo, N.Y. hotel proposal extended” — Wikinews, October 2, 2006 “Court date […]

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India: Jammu and Kashmir government orders private tuitions to shut down for 90 days

Wednesday, April 25, 2018 On Sunday, the government of Jammu and Kashmir, India, ordered private academic coaching institutions for students until and including class XII to shut down for the next three months calling those institutions “distractions” for the students; with an exception of coaching institutions preparing students for professional exams. After meeting the heads […]

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U.S. February budget deficit is largest on record

Saturday, March 12, 2011 Timothy GeithnerTreasury Secretary The U.S. Treasury Department reported the government posted a monthly budget deficit of US$222.5 billion in February, the largest monthly deficit ever recorded. The February deficit, announced on Thursday, outstripped the February revenue gain of $110 billion. The report comes at a time when the White House and […]

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