U.S. Government Blacklists Mexican Companies Linked to Drug Cartel

Tom Ramstack – AHN News Correspondent Washington, D.C., United States (AHN) – The U.S. government announced financial sanctions Thursday against Mexican companies accused of helping the Sinaloa drug cartel launder money it earns from its criminal enterprises. The Treasury Department is seizing the U.S. assets of 12 companies and 16 individuals it has linked to [...]

Medtronic agrees to $268 million settlement

Medtronic Inc., which expanded its operations to San Antonio in 2009, says it has entered into an agreement to settle existing U.S. lawsuits relating to its Sprint Fidelis family of defibrillation leads. (MDT) View full post on Insurance Stories

Michelle Obama Named World’s Most Powerful Women; Oprah Winfrey At 3rd Place

Anne Lu – AHN Entertainment Contributor Los Angeles, CA, United States (AHN) – U.S. First Lady Michelle Obama is the World’s Most Powerful Women, according to the latest Forbes list. Joining her in the top 25 are five women from the entertainment industry, including Oprah Winfrey and Ellen DeGeneres. The list has been divided into [...]

Study: Car Leasing Easier On The Pocket Than Buying

AHN News Staff London, England, United Kingdom (AHN) – A price comparison site advised small business owners to lease instead of buy new cars to cut costs. But the advice is primarily for those who trade in their older models for new units every four or five years. According to FinanceAcar.co.uk’s comparison, it would cost [...]

Survey Shows U.S. Teens More Conscious of Safe-Sex

Lawrence Mijares – AHN News Contributor New York, NY, United States (AHN) – Sexually-active American teenagers were found to be more “safe-sex” conscious than baby boomers according to the largest, most comprehensive national survey of Americans’ sexual behavior since 1994. The survey, filling 130 pages of a special issue of the Journal of Sexual Medicine [...]

WestJet Airlines Enters Code-Share Deal With Cathay Pacific; Air Canada Flies Out Of Toronto Island

AHN News Staff Calgary, Alberta, Canada (AHN) – Canadian airlines continue to fly high amid the general slump and growing labor unrest in the global aviation industry. On Monday, WestJet Airlines entered into a code-share deal with Cathay Pacific Airways. It is WestJet’s first code-share agreement, which opens up six Canadian cities to Cathay, in [...]

Top 4 Energy Giants Quit Iran Amid U.S. Sanctions

AHN News Staff Tehran, Iran (AHN) – In order to comply with the American sanctions, four energy companies have announced their withdrawal from Iran. The United States said that Italy’s ENI, Royal Dutch Shell, French Total and Norwegian Statoil on Thursday decided to stop their business with Iranian companies to avoid penalties aimed at companies, [...]

Chinese Currency Under Attack For American Economic Woes

Tejinder Singh – AHN News Correspondent Washington, DC, United States (AHN) – The United States Congress acted on Friday to open the gates of retaliation against China for their failure to appreciate their currency, the yuan (or renminbi). The action, taken after repeated diplomatic efforts to resolve the ongoing currency dispute, is intended to send [...]

U.S. Grants $434 Million To Fight Philippine Poverty

Jeehan Fernandez – AHN News Writer New York, NY, United States (AHN) – The U.S. government has granted $434 million to the Philippines for investments in roads, community development projects and improvements in the country’s tax collection efforts under a five-year economic compact that aims to fight poverty. U.S. Secretary of State Hillary Rodham Clinton [...]

U.S.: America Was Invited Into Afghanistan, Soviets Invaded

Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – The United States on Thursday declared that the coalition forces were invited to Afghanistan while Russians had invaded and massacred millions of Afghans during their invasion. Defense Secretary Robert M. Gates during a Pentagon joint press conference with Navy Adm. Mike Mullen, chairman [...]