U.S. outlaws online gambling

Saturday, October 14, 2006 Over the weekend, millions of Americans faced the new ban of online gambling. The legislation was attached by Rep. Bill Frist to the Port Security bill. Many of the public companies that offer online gambling have been quick to react and give their outlooks on the legislature. Party Gaming and 888…

Food with cancer-causing dye recalled in Britain

Saturday, April 30, 2005 The British Food Standards Agency (FSA) has announced a recall of foods containing banned dyes which increase the risk of cancer. The food products were sold at the Tesco, Waitrose, and Somerfield supermarkets. A Bristol company called “Barts Spices” found the illegal Para Red substance in their Barts Ground Paprika, which…

NYSE to merge with Archipelago; NASDAQ to buy Instinet

Sunday, April 24, 2005 New York Stock Exchange (NYSE) announced last Wednesday that it has agreed definitively to merge with Chicago-based Archipelago Exchange (ArcaEx) and form a new publicly traded, for-profit company known as NYSE Group. This announcement was followed two days later by NASDAQ®, which independently announced a definitive agreement to purchase Instinet Group.…

Iranian Navy conducts drills in Strait of Hormuz

Monday, December 31, 2012 The Islamic Republic of Iran says it is conducting naval drills in the Strait of Hormuz. According to the Iranian navy’s Habibollah Sayyari, the “Velayat 91” drills — to be held for a six day period ending on Wednesday — are intended to showcase “the armed forces’ military capabilities.” Iran’s state-run…

News briefs:May 27, 2010

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