Iain Duncan Smith issues stark benefits system warning

Iain Duncan Smith claims the benefits system is on the verge of collapse. Photograph: Anthony Devlin/PA Wire/Press Association Images The benefits system is on the verge of collapse, the work and pensions secretary, Iain Duncan Smith, said today. Launching a consultation on cutting the welfare... 

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General Motors back from the brink and set for $20bn flotation

A 4×4 vehicle in the making at a GM plant in Michigan. The car maker posted profits of .8bn in the first half of the year. Photograph: Bill Pugliano/Getty Images America’s biggest carmaker, General Motors, has taken the first step towards a stock market flotation barely a year after... 

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US gives BP 24 hours to monitor capped oil well

Oil and water: westing is continuing on BP’s new well cap in the Gulf of Mexico. Photograph: BP/Reuters A standoff between BP and the US government over the handling of the stricken Macondo well in the Gulf of Mexico continued with a sharp exchange of words over the best way to keep... 

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The Smart Asset "Traders" Archives

US stocks had a "latesession swoon" yesterday "amid another round of dismal earnings reports and the possibility of a General Motors bankruptcy reared its head again"The Smart Asset "Traders" Archives...

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Jokowi Dilantik Lagi Jadi Bupati Solo

Pasangan Walikota dan Wakil Walikota Solo yang diusung Partai Demokrasi Indonesia Perjuangan (PDIP) Joko Widodo-FX Hadi Rudyatmo hari ini, Rabu 28 Juli 2010, akan dilantik menjadi Walikota dan Wakil Walikota Solo periode 2010-2010. Prosesi pelantikan tersebut akan menggunakan prosesi adat Jawa. Acara yang dipusatkan... 

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