When is quarterly gross domestic product growth of almost 6% bad news? When it looks like what was reported last week. More on Financial crisis Top 10 international banks Strong banks The US GDP increased 5.7% at the end of last year, with more than half of that growth — 3.4% — attributable to changes in inventories. This astonishing impact of inventory has ample historical precedent, and the bottomline has terrible implications for 2010.
Read more »Recession: Double-dip risks rise in US- International Business
Intel World’s Largest Computer Chip Maker Accused by US Federal Trade Commission
The government’s case against Intel Corp ., accusing the world’s largest chip maker of using monopoly power to stifle competition, may signal that antitrust enforcers under the Obama administration will be more aggressive than their predecessors, lawyers said.

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Bollywood Movie "Rocket Singh - Salesman Of The Year" going great guns in US
Bollywood's latest offering "Rocket Singh - Salesman Of The Year" is going great guns in the US with its review currently the number one most read movie story on the New York Times site.
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US based Hospira to buy Orchid Chemicals injectables business for $400 million
Orchid Chemicals & Pharmaceuticals has agreed to sell its injectables business to the US-based Hospira for around $400 million (Rs 1,850 crore), a valuation that represents a 20% premium to the Chennai-based firm’s market value and greatly boosts its financial flexibility.
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US Climate Envoy Says Possibility of Deal at Copenhagen
The world's leaders will be arriving in the Danish capital over the next few days for the final round of negotiations.Forty eight leaders met overnight in an informal session with the conference president.
Read more »US, China clash in climate change conference in Copenhagen
We didn’t expect much from the first week of the global warming conference in Copenhagen. Countries need to do a little posturing before getting down to the hard work, which is supposed to start on Monday.
http://www.nytimes.com/2009/12/12/opinion/12sat1.html
US Video Game Sales 7.6 Percentage Down in November
The game industry sold $2.7 billion of consoles and games in the U.S . last month, down from $2.9 billion a year earlier, according to NPD estimates
India is Third Country to get Reprocessing Rights from US after Europe and Japan
Only the European Atomic Energy Community (EURATOM) and Japan currently have the right to reprocess, and now the India will be the third country to get reprocessing rights from the US. the US-India Business Council (USIBC) said.
Read more »Ohio First U.S state to Carry Out an Execution with Single Drug Injection
Kenneth Biros, 51, was put to death after the US Supreme Court denied his final appeal.Biros had been convicted of the murder of a 22-year-old woman in 1991.
Read more »US to take Unilateral action of sending troops to Pakistan to shut down Taliban
In a blunt warning, the US has threatened to take "unilateral action" by sending its troops to Pakistan to shut down Taliban and other terrorist camps there, if Islamabad does not take decisive action against them.
