YRC Worldwide Extends its Swap Scheme Deadline

YRC Worldwide Extends its Swap Scheme Deadline

Troubled U. S. trucker YRC Worldwide is expected to increase its deadline, for the sixth time, till 11.59 pm EST Wednesday, of swapping the debt with equity as its union had pushed the banks and bond holders in order to keep the company moving.

Vaccine Recall by Medlmmune

Vaccine Recall by Medlmmune

The concerns relating to the recall of an injectable pediatric H1N1 vaccine last week has lead the manufacturer to issue a recall of the nasal mist vaccine doses. As well

In all, 78 providers across Kansas received H1N1 flu vaccines from the 13 lots are being voluntarily recalled by the manufacturer, MedImmune, The Kansas Department of Health and Environment confirmed.

H&R's Second Quarter Loss Beats Analysts' Expectations

H&R Block

American's largest tax preparer, H&R Block Inc., has posted a slimmer-than-expected loss for the current fiscal year's second-quarter, on the back of a better Tax Services segment results. A quarterly loss of $128.6 Million, or 38 cents per share, was posted, a substantial improvement from the $135.9 Million worth of loss posted for same period last year.

AT&T to launch location-centric Garmin Nuvifone G60 on October 4


According to a Tuesday announcement by AT&T, the Garmin Nuvifone G60 will become available in the US October 4 onwards, exclusively at AT&T stores and online, for $299 with a two-year contract and $100 mail-in rebate. For an additional $5.99 per month charge, users can have access to premium content like traffic updates, weather, movie times, and fuel prices.

Three factories of General Motors to raise output

General Motors

With the aim of dealing with a predicted increase in demand, and to make up for production lost from a large-scale factory consolidation declared earlier in the year, operations at factories of General Motors Corp. in Kansas, Michigan and Indiana, will got to 24-hours.