Kris Alingod – AHN News Contributor New York, NY, United States (AHN) – Toyota has postponed the launch of a wagon-type Prius in Japan, where vehicle production remains halted following an earthquake. The new model of the automaker’s popular hybrid was scheduled to hit dealers in the disaster-stricken nation in April. The company on Tuesday [...]
Kris Alingod – AHN News Contributor Manhattan, NY, United States (AHN) – Authorities in New York have charged 31 people in a scheme trafficking $1 million worth of drugs using an ice cream truck. The city’s special prosecutor said a nine-month investigation unraveled a conspiracy between a Lickety Split truck driver and an employee at [...]
Kris Alingod – AHN News Contributor Purchase, NY, United States (AHN) – PepsiCo has unveiled a completely plant-based bottle for its sodas, joining a growing number of companies in addressing consumer concern for sustainability with fully biodegradable packaging. The New York-based company has discovered a way to create a container from agricultural byproducts of its [...]
Money Morning submits: By Kerri Shannon American International Group Inc. (NYSE: AIG ) on Thursday offered to pay $15.7 billion for a portfolio of mortgage-backed securities the Federal Reserve Bank of New York acquired when it bailed out the collapsing insurer during the financial crisis. The New York Fed set up the fund, named Maiden [...]
Welcome to 2010. Look around the states. Yes, they all have different perils for drivers to face. For some, it’s the weather with snow and ice making driving dangerous during winter. In others, it’s hurricanes and tornados. But leaving aside all the different types of peril, there’s one big problem for everyone with a vehicle [...]
Let’s start off with a simple explanation of why fraud costs us all money. Insurance companies employ math-geeks called actuaries. They spend their time estimating how many traffic accidents there are likely to be and how much all the claims will be worth in a year. That total is divided among all the policy holders [...]
Matthew Borghese – AHN News Contributor Washington, D.C., United States (AHN) – Hertz, the largest airport car rental firm, will roll out a nationwide plan to install 2.3 MW of solar power cells in an effort to leave a “greener” footprint on the environment. Hertz initially rolled out a 235 kW solar electric system located [...]
Kris Alingod – AHN News Contributor Buffalo, NY, United States (AHN) – Buffalo became the second city in the nation on Tuesday to ban a method of natural gas drilling called fracking. The federal government the same day began its probe of how the drilling method affects drinking water. The Buffalo city council voted unanimously [...]
NEW YORK -(Dow Jones)- U.S. auto sales are off to a strong start in January, as auto makers continue to benefit from product innovation, Edmunds.com Chief Executive Jeremy Anwyl said. In an interview View full post on All Stories
Boston-based insurer Liberty Mutual will pay a combined $7.5 million to New York and Connecticut to settle allegations that it steered insurance contracts by paying kickbacks large insurance … View full post on All Stories
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