Investing and Global Finance News

Monthly Archives: May 2015

F-15s Escort Air France Flight to New York

Photo courtesy of: Aero Icarus
Photo courtesy of: Aero Icarus

After an anonymous caller informed Maryland state police of a bomb threat on an Air France flight en route from Paris to New York, the US Air Force sent out two F-15 fighter jets to escort the plain to a safe landing at New York’s JFK airport.

The call was made in the United States to a state police barracks in Maryland a little bit after 6:30 am (10:30 GMT), according to police spokesman Greg Shipley. The FBI was then immediately contacted.

The flight was Air France 022. Two F-15 jets joined the plane for the last leg of the trip to JFK on Monday, where it landed safely. Later the plane was taken to a designated area at the airport and was thoroughly searched.

Media outlets in the US reported that the threat was considered non-credible.

Ares Selling Custom-Made Cars

Most cars – even top-of-the-line ones – can be purchased directly from the auto-dealer on the same day as viewing.  But that won’t give one the uniqueness that Ares Performance, headed by European auto marketer Dany Bahar offers.  The man who has run the International Sports Federation, was behind the creation of Red Bull Media… Continue Reading

Best US Cities to Start a Business

There are a lot of factors to consider when embarking on the journey of starting a new business. One of the most important considerations, which can sometimes mean the difference between success and failure, is the city in which the business is launched. WalletHub, a social network site for financial information, examined the 150 largest… Continue Reading

China Passes US in Oil Imports

After about ten years of changing energy flows from the US as the world’s biggest importer towards China taking the lead, April was the month China it finally happened. According to Chinese customs data the Asian giant reached an historic high of overseas oil purchases of $7.4 million barrels a day. US imports in April… Continue Reading

Renters Paying Too Much as Recovery Passes Them By

A worrisome percentage of renters are paying at least half of their income for housing and utilities, according to census data analyzed by Enterprise Community Partners. The non-profit company that helps finance affordable housing states that the number of such households has increased by 26 percent since 2007, rising to 11.25 million. This fact underscores… Continue Reading