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Keyword: cosco

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  • Stocks Are Trading Deep in the Red Amid Global Jitters

    04/17/2015 9:13:28 AM PDT · by John W · 11 replies
    the ^ | April 17, 2015 | Keris Alison Lahiff
    NEW YORK (TheStreet) -- U.S. stocks cratered on Friday, caught up in a global selloff triggered by changes in Chinese market regulation. A series of poor earnings from the likes of American Express and Advanced Micro Devices also hurt stocks and prompted worries over first-quarter performance for companies in the S&P 500. Wall Street grew nervous on reports Chinese regulators will crack down on over-the-counter margin trading and regulations that allow fund managers to lend shares for short-selling. Global markets sold off on the reports on the view tighter regulation would limit the recent influx of money into China's Shanghai...
  • China's COSCO Dis-Assembles 8 Ships Amid Glut As Baltic Dry Hits Another Record Low

    02/16/2015 2:47:44 PM PST · by blam · 13 replies
    Zero Hedge ^ | 2-16-2015 | Tyler Durden
    Tyler Durden 02/16/2015 You know things are bad in the ship-building business when... amid considerably larger than expected losses, China's COSCO announced that it has dis-assembled 8 vessels in January alone (including 3 bulk carriers) and will be decommissioning and disposing of them as it awaits a "more conducive" environment. It appears that is not coming anytime soon, as The Baltic Dry Index just hit 522 - a new all-time low (down a stunning 53 of the last 55 days). As COSCO explains in its HKSE Statement:(snip)
  • How to crack the Costco code that shopping sites are buzzing about

    04/21/2014 7:21:31 PM PDT · by rickmichaels · 21 replies
    Financial Post ^ | APRIL 21, 2014 | Lou Carlozo
    NEW YORK — As superstore pricing mysteries go, it’s not the equivalent of “The Da Vinci Code,” but there’s still something deliciously elusive about the so-called “Costco Code” that has set the tongues of shopping mavens wagging for the past several months. At least the plot line is direct enough: If you can interpret what the various sequences of digits and asterisks mean on Costco Wholesale Club price signs, you’re on your way to scoring serious bargains. Here’s how it works, according to Costco shoppers spreading the word online: If a price at Costco ends in .99, you’re paying full...
  • How to get generic drugs even cheaper Rx prices can vary by $170 among retailers

    01/05/2014 9:39:36 AM PST · by RKBA Democrat · 29 replies
    Clark ^ | 8-19-13 | Clark Howard
    Generic drugs now account for well over 80% of all prescriptions. Just 10 years ago, less than half of drugs sold were generics. Much of the growth is because employers make generics extra-affordable through mail order programs (pharmacy benefits managers). Then you also have the grocery stores and big box retailers who do $4 generics. Meanwhile, a lot of breakthrough drugs that were patent protected are no longer so and are now selling as generics. But what you don't know about the pricing of generics can hurt your wallet. The big pharmacy chains discount generics 30% from the brand name...
  • Top GOP Senator Says Obama Could Be Impeached Over ‘Most Egregious Cover-Up in American History’

    05/10/2013 7:26:49 PM PDT · by 2ndDivisionVet · 316 replies
    The Blaze ^ | May 10, 2013 | Madeleine Morgenstern
    The top-ranking Republican on the Senate Armed Services Committee said President Barack Obama could possibly be impeached over what happened in Benghazi. Sen. James Inhofe (R-Okla.) said in a radio interview Thursday that “of all the great cover-ups in history” — including the Pentagon papers, Iran-Contra and Watergate — Benghazi “is going to go down as most serious, most egregious cover-up in American history.” “We may be starting to use the I-word before too long,” Inhofe said on the Las Vegas-based “Rusty Humphries Show.” “The I-word meaning impeachment?” Humphries asked. “Yeah,” Inhofe confirmed. When Humphries questioned the likelihood of impeachment,...
  • Happy Halal Thanksgiving (Boycott Butterball)

    11/21/2011 6:47:27 PM PST · by Mount Athos · 91 replies · 1+ views
    American Thinker ^ | November 21, 2011 | Pamela Geller
    Did you know that the turkey you're going to enjoy on Thanksgiving Day this Thursday is probably halal? If it's a Butterball turkey, then it certainly is. I discovered that only two plants in the U.S. that perform halal slaughter keep the halal meat separated from the non-halal meat. At other meat-packing plants, animals are slaughtered following halal requirements, but then only a small bit of the meat is actually labeled halal. Wendy Howze, a Butterball Consumer Response Representative, responded: "Our whole turkeys are certified halal." Halal slaughter involves cutting the trachea, the esophagus, and the jugular vein, and letting...
  • Citing a Lack of Usage, Costco Removes E.V. Chargers

    08/20/2011 1:22:56 PM PDT · by upchuck · 19 replies
    NY Slimes ^ | August 17, 2011 | JIM MOTAVALLI
    Costco, the membership warehouse-club chain, was an early leader in offering electric-vehicle charging to its customers, setting an example followed by other retailers, including Best Buy and Walgreen. By 2006, Costco had installed 90 chargers at 64 stores, mostly in California but also some in Arizona, New York and Georgia. Even after General Motors crushed its EV1 battery cars, the Costco chargers stayed in place. Yet just as plug-in cars like the Nissan Leaf and Chevrolet Volt enter the market, Costco is reversing course and pulling its chargers out of the ground, explaining that customers do not use them. Photographed...
  • Loosening export controls (Obama moves oversight of selling missile technology to Commerce Dept.)

    10/15/2009 8:36:20 AM PDT · by austinaero · 81 replies · 3,128+ views
    Washington Times ^ | 10/15/09 | Bill Gertz
    President Obama recently shifted authority for approving sales to China of missile and space technology from the White House to the Commerce Department -- a move critics say will loosen export controls and potentially benefit Chinese missile development. The president issued a little-noticed "presidential determination" Sept. 29 that delegated authority for determining whether missile and space exports should be approved for China to Commerce Secretary Gary Locke.
  • US store chain cuts sales of food from China

    02/12/2008 6:29:09 PM PST · by Michael_Michaelangelo · 161 replies · 439+ views
    Yahoo News ^ | Feb 12, 08 | Staff
    WASHINGTON (AFP) - US grocery chain Trader Joe's said Monday it would stop selling food imported from China due to customers' concerns about the products' safety. "Our customers have voiced concerns about products from this region and we have listened," Trader Joe's spokeswoman Alison Mochizuki said in a statement. "All single ingredient food items sourced from mainland China are scheduled to be out of our stores by April 1," she said. "We will continue to source products from other regions until our customers feel as confident as we do about the quality and safety of Chinese products."
  • Tainted Drugs Tied to Maker of Abortion Pill (China again)

    01/31/2008 8:24:46 PM PST · by neverdem · 16 replies · 205+ views
    NY Times ^ | January 31, 2008 | JAKE HOOKER and WALT BOGDANICH
    BEIJING — A huge state-owned Chinese pharmaceutical company that exports to dozens of countries, including the United States, is at the center of a nationwide drug scandal after nearly 200 Chinese cancer patients were paralyzed or otherwise harmed last summer by contaminated leukemia drugs. Chinese drug regulators have accused the manufacturer of the tainted drugs of a cover-up and have closed the factory that produced them. In December, China’s Food and Drug Administration said that the Shanghai police had begun a criminal investigation and that two officials, including the head of the plant, had been detained. The drug maker, Shanghai...
  • Long Beach won't give up on COSCO - Congress kills bid by Chinese for naval base (Hunter)

    03/21/2007 6:53:50 AM PDT · by pissant · 61 replies · 1,173+ views
    WND ^ | Sept 21, 1998 | Joseph Farrah
    Although Congress has killed a deal to lease the abandoned Long Beach Naval Station to a Chinese shipping company, local officials are still fighting to make other accommodations to keep the China Ocean Shipping Co. from leaving the harbor. Port of Long Beach officials were officially stripped of their ability to lease the former Navy land to COSCO late last week, when congressional conferees submitted to Congress the 1998-1999 defense authorization bill. The legislation's final language effectively prohibits the Chinese company from leasing any part of the Long Beach Naval Station after it is converted into a cargo terminal. Officials...
  • Commentary: China's dire prediction

    02/04/2007 6:37:27 AM PST · by AncientAirs · 22 replies · 868+ views
    The Washington Times ^ | February 4, 2007 | Musharraf
    "... public opinion polls showed China with a better image than America in friendly European countries .... "Hence, Musharraf's decision ... to assist the ... Taliban "moderates" to retake power in Kabul. "Chinese ... view U.S. dependence on space as an asymmetric vulnerability .... "On Jan. 11, China decided it was time to demonstrate the fragility of the U.S. military dependence on communications satellites. ... With pinpoint accuracy, the missile pulverized the Feng Yun 1-C 500 miles above Earth, scattering thousands of tiny fragments that could easily puncture the metal skin of other satellites in orbit. "Gen. Yao Yunzhu ...If...
  • Calls for 'punitive' US sanctions against China (Duncan Hunter)

    02/01/2007 8:29:01 AM PST · by GulfBreeze · 35 replies · 908+ views
    Breaking ^ | 01/02/2007 - 15:08:00 (as noted on site) | The Associated Press Calls for 'punitive' US sanctions against China US lawmakers called for legislative action today to address a huge trade imbalance with China, reflecting what they described as a growing impatience among US citizens with Beijing’s economic policies. At a congressional advisory panel, lawmakers also complained of massive Chinese counterfeiting of copyrighted goods that they said hurt American manufacturers. The focus, however, was a soaring US trade deficit with China. “It is dangerous for our national security. It is dangerous for our economy and we need to do something about it,” Democratic Senator Ben Cardin told the US-China Economic...
  • China Confirms It Has Shot Down Satellite

    01/23/2007 5:50:10 AM PST · by XR7 · 32 replies · 963+ views
    AllHeadlineNews ^ | 1/23/07 | Jacob Cherian
    Beijing, China (AHN) - China confirmed Tuesday that it had tested anti-satellite weapon. However, it added that the nation does not have intentions of an arms race in space. Beijing said it had officially told the governments of the U.S., and Japan about the missile test. The Foreign Ministry spokesman Liu Jianchao said China was interested only in "peaceful development of outer space." The satellite intercept test is said to be the first of its kind in well over 20 years and there are concerns that it may give rise to a space arms race. An article in the American...
  • China Supports Palestinian, Arab Cause: President Jiang

    04/29/2002 2:39:24 PM PDT · by krodriguesdc · 11 replies · 500+ views ^ | April 29, 2002 |
    Last updated at: (Beijing Time) Monday, April 29, 2002 China Supports Palestinian, Arab Cause: President Jiang The Chinese government and people firmly support the just cause of the Palestinian and Arab people, said Chinese President Jiang Zemin at a meeting Monday morning with visiting Lebanese Prime Minister Rafik Hariri. The Chinese government and people firmly support the just cause of the Palestinian and Arab people, said Chinese President Jiang Zemin at a meeting Monday morning with visiting Lebanese Prime Minister Rafik Hariri. Jiang condemned Israel for its refusal to implement United Nations resolutions, its invasion of Palestinian-controled areas and...
  • Unsightly Evidence of U.S. Trade Gap Piles Up

    07/12/2006 8:29:36 PM PDT · by hedgetrimmer · 168 replies · 1,884+ views
    KTLA ^ | July 9, 2006 | Deborah Schoch
    To understand the trade deficit, residents of Sandison Street do not need the help of world-class economists. They can just glance across the street at the mountain of faded brown cargo containers blocking the Wilmington sky. The equation is simple. As the deficit grows, the mountain gets higher. "It's getting taller; it's spreading out," said resident Maria Lopez, eyeing the pile that stretches for two blocks. Tens of thousands of containers sit empty today in Wilmington — stark testimony that America buys more from other countries than it sends overseas to sell. Millions of the 40-foot-long steel containers arrive in...
  • The Job is Not Finished Until the Red Chinese are out of Long Beach

    04/26/2006 6:22:45 PM PDT · by Tolerance Sucks Rocks · 20 replies · 769+ views
    American Policy Center ^ | April 3, 2006 | Tom DeWeese
    Americans were rightly outraged over the possibility of an Arab nation with ties to terrorists taking control of six major American ports. Protests from across the nation helped to squelch the deal. However, the job’s not finished. The Communist Chinese still control ports at Long Beach. Congressman Charlie Norwood, (R-GA) made a strong case for getting the Chinese out of the port of Long Beach when he noted that while Dubai has been a reliable partner for America in the War on Terror, Red Chinese officials have threatened invasion of America’s ally on Taiwan and nuclear war against the United...
  • China in Midst of Huge Military Build Up

    03/17/2006 7:59:39 AM PST · by FerdieMurphy · 127 replies · 2,238+ views
    Sierra Times ^ | 3/17/2006 | Jim Kouri, CPP
    While the news media and politicians in the United States continue their focus on the Dubai Ports World deal or censuring President George W. Bush or Hillary Clinton, there are enormous changes occurring in communist China. For the most part, the news media and pundits have ignored events in China for over a decade. Even when President Bill Clinton allowed dual-purpose technology transfers to the Chinese, few realized the significance of those transfers, and little was reported in the US media. Some of that US technology helped the Chinese government in perfecting the accuracy of their Intercontinental Ballistic Missiles (ICBMs)....
  • Remembering Ron Brown and Long Beach

    03/03/2006 5:05:34 PM PST · by wagglebee · 18 replies · 1,584+ views
    WorldNetDaily ^ | 3/3/06 | Jack Cashill
    In April 1993, back before Democrats began to care about port security, first lady Hillary Clinton invited Commerce Secretary Ron Brown to a one-on-one lunch on the balcony of the White House. The given reason was to talk politics and thank him for his help "fixing" a near scandal that involved Chief of Staff Mack McLarty. But, in fact, Hillary wanted more. She was about to test Brown, to see whether or not he would be a "good soldier." According to Brown confidante Nolanda Butler Hill, who "debriefed" him after the balcony lunch, the Clintons had a mission for...
  • Foreign involvement is nothing new [COSCO Chinese gov't co runs terminals]

    03/03/2006 10:45:42 AM PST · by syriacus · 19 replies · 945+ views ^ | February 23, 2006 | Kathleen Pender
    Most terminal operators at U.S. ports are foreign companies and some are owned in part by foreign governments. APL, which manages terminals in Oakland, Los Angeles, Seattle and Alaska, is owned by the NOL Group, which is majority owned by the Singapore government. The Chinese government owns part of a company that operates a terminal at the Port of Long Beach. That company, Cosco Container Lines, a division of China Cosco, caused a stir similar to the current one back in 1998. Cosco ships had been calling on the Port of Long Beach for many years, using a public terminal....