Software giant Adobe Systems to acquire Magento Commerce for US$1.68 billion

Wednesday, May 23, 2018 On Monday, San Jose, California, US-based software company Adobe Systems announced their plans to acquire California-based e-commerce handling web service Magento Commerce for 1.68 billion US dollars (USD). After Adobe made the announcement via their official website, Adobe’s stocks rose by around one percent, ending Monday …

Bush to Propose Major Overhaul of Social Security Benefits

Tuesday, January 4, 2005 Republicans and lobbyists close to President George W. Bush have reported that the White House will propose changing the formula for establishing initial Social Security benefit levels in order to cut guaranteed expenditures on future retirees, according to today’s Washington Post. The Social Security Administration would …

US unemployment rate reaches 9.8%

Friday, October 2, 2009 Companies in the United States are shedding more jobs, pushing the country’s unemployment rate to a 26-year high of 9.8%. The US Labor Department said on Friday that employers cut 263,000 jobs in September, with companies in the service industries — including banks, restaurants and retailers …

US lawmakers and rights advocates question CIA tape destruction

Saturday, December 8, 2007 U.S. Congressional Democrats are asking the Justice Department to investigate whether the CIA’s destruction of videotapes documenting the interrogation of terrorism suspects amounts to obstruction of justice. The acknowledgement by Central Intelligence Agency Director Michael Hayden that his agency destroyed the interrogation videotapes in 2005 sparked …

Two-and-a-half tonnes of marijuana destroyed in Afghan school

Sunday, December 21, 2008 The combined efforts of agents from the Afghan Commandos and Coalition forces have led to the discovery and destruction of two-and-a-half tonnes of marijuana in an abandoned school in the southern Afghan province of Kandahar on Friday. Kandah?r province or Qandahar (??????,{??????) is one of the …