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CIT bond advisers to push for bankruptcy: report NEW YORK (Reuters) - The advisers to the bondholders that provided lender CIT Group Inc with a $3 billion loan facility this week are recommending it be restructured through a bankruptcy following a debt tender in August, Bloomberg reported on Wednesday, citing a person familiar with the matter. ReutersBits: Mobile Internet Use Shrinks Digital Divide African-Americans are ahead of other groups in accessing the internet from mobile phones, according to a new study by the Pew Internet Project. New York TimesAirline complaints `on the rise` Complaints from customers about the airline industry have risen by 11% in a year, a consumer support group says. BBCMystery team bids to join Super 15 Seven groups from three Australian states have tendered bids to join an expanded rugby Super 15. iol.co.zaIn their forefathers` footsteps Descendants of the original Blue Rider group have formed a movement of their own in New York. Alison Gregor investigates FTEconomy likely to hit back to school shopping American consumers are planning to scale back their back to school shopping this year, handing a potential setback to the nation''s retail industries. Figures released this week by America''s Research Group and UBS found that more parents are already planning to shop at retail outlets like... NASDAQFirst abandons rival takeover bid The UK's biggest transport firm First Group abandons plans to bid for its troubled rival, National Express. BBCStudents` China Travels Derailed by Quarantine Twenty-two high school students from Maryland and the District ventured to beijing last week to practice Chinese and tour China. But after several of them caught swine flu, the whole group received a crash course in the Chinese health-care system. Washington PostAnger at ANC record in South Africa . Protests over lack of basic services turn violent . Police fight back with rubber bullets and teargasJacob Zuma faced the first critical test of his presidency today as violent protests at a lack of basic services spread in South Africa's townships.Residents hurled bottles and stones at police, who responded by firing rubber bullets and teargas. Smoke from burning tyres filled the air as thousands marched in a show of anger at poor services in townships in Johannesburg, Western Cape and the north-eastern region of Mpumalanga.Immigrants said they feared for their lives and sought police protection as there were reports of foreign-owned businesses being looted in Mpumalanga. Last year 62 people died in xenophobic attacks.The unrest comes as frustrations boil over at the government's record, 15 years after apartheid, at providing townships with basic services such as electricity, running water, housing and sanitation.Koos Bezuidenhout, chief executive of the workers' interest group the GuardianCancer Group Sues Hot Dog Manufacturers Hot dogs may be as american as baseball and apple pie, but a national cancer-awareness group says they're hazardous to your health and should carry warning labels. The Washington, D.C.-based Cancer Project, a vegan advocacy group, wants to force hot dog makers to use warning labels. cbs2chicago.com1 2 3 4 5 |
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