United States

Bush And Hamid Karzai Completed Two Day Meeting

President Bush and President Hamid KarzaiPresident Bush and President Hamid Karzai of Afganistan, close allies in fighting terrorism, found much to agree on as they completed a two-day meeting on Monday, but differs on the role of Iran in Afghanistan.

McDonald’s Agrees To Sell Boston Market Chain To Sun Capital

McDonald'sMacdonald’s is all set to sell its Boston market chain to private firm for an undisclose

USA To Improve Nation’s Deficient Bridges

After shock of bridge’s inexplicable fall at evening rush hour into the country’s largest river, bridge experts offer reassurance – The same federally assigned inspections that show one-quarter of U.S. bridges to be “structurally deficient” or “functionally obsolete,” they are in very little danger of collapsing.

This is what the same experts would have said about the Interstate 35W Bridge in Minneapolis before it collapsed down Wednesday.

Bush Administration to allocate Funds for Collapsed Bridge

President BushWashington: The Bush administration said structural deficiencies were found two years ago in highway bridge that crashed in Minneapolis and it was the state’s responsibility to fix them. Congress started working on a $250 million package of federal assistance.

Nuke Deal With India In `National Interest’ - US

Washington: The Bush administration has tried to alleviate worries brought up by various US lawmakers over the civilian nuclear transaction with India.

Amazon 2Q Profit More Than Triples, Stock Jumps 12%

Seattle: Amazon.com Inc.’s recorded three-fold increase in its profit for the second quarter ended June 30, 2007.

The company stated that its income boosted on the back of healthy sales of books, music and electronics internationally. The company’s stock surged 12.5 percent in after-hours trading.

The web retailer’s earnings for the three months mounted to $78 million, or 19 cents a share, as compared to $22 million, or 5 cents a share in the same period last year.

The quarterly results exceeded Wall Street’s outlooks. Analysts estimate a profit of 16 cents per share.