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Loan delinquencies on subprime auto loans haven't been higher in the U.S. since 1996.

2016-03-17 10:30:53| Auto Dealers - Topix.net

A peak in delinquencies by subprime borrowers is adding to concerns that the current strong automotive sales cycle in the U.S. could be facing obstacles. Fitch Ratings reported that the rate of subprime automotive loans overdue by more than 60 days rose to 5.16% in February.

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USS Kentucky to begin its first strategic deterrent mission since 2011

2016-03-17 01:00:00| Naval Technology

The US Navy's Ohio-class ballistic-missile submarine USS Kentucky (SSBN 737) has left from the Naval Base Kitsap-Bangor to engage in its first strategic deterrent mission since 2011.

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First case of Zika virus detected in Philippines since 2012

2016-03-06 22:18:17| Biotech - Topix.net

An American woman was infected with the Zika virus while visiting the Philippines, health department officials said Sunday, the first case detected in the country for several years. Health Secretary Janette Garin said the US Centers for Disease Control and Prevention had informed her that a US resident who stayed in the Philippines for four weeks in January had apparently developed symptoms in her last week before returning to America.

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Samsonite to pay US$1.8 billion for Tumi in biggest deal since listing

2016-03-04 04:17:01| Furniture - Topix.net

Samsonite International SA, the world's largest branded-luggage maker, agreed to buy luxury baggage maker Tumi Holdings for about US$1.8 billion in its biggest acquisition since selling shares to the public five years ago. Tumi investors will receive US$26.75 per share in cash, Samsonite said in a Hong Kong stock exchange statement on Friday.

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US demand for petroleum, gasoline rose in January; highest January deliveries since 2008

2016-02-20 12:56:13| Green Car Congress

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