Global Markets
Stocks Rebound on Greek Austerity Vote: Daily Markets Wrap
U.S. stocks bounced back Monday from Friday's biggest loss of the year as Greece's parliament passed the deeply unpopular austerity bill to secure international rescue funds. The strict financial reform includes a 22 percent cut to minimum wage and 150,000 public-sector job cuts. Rioters protesting the measures set fire to buildings in downtown Athens.
Tuesday, February 14, 2012
Apple at $500: Nowhere to Move but Up?
Apple made history Monday as shares of the world’s most valuable company exceeded $500 for the first time. They closed at a record $502.60.
Tuesday, February 14, 2012 by David Zielenziger
Last Minute Valentine's Day Gift Shoppers In For a Deflating Surprise
Last minute Valentine's Day gift shoppers hoping to surprise their paramours with a bouquet of balloons are in for a deflating surprise this year. A global helium shortage is causing supply-chain disruptions for gift shop owners, raising the possibility that there won't be enough of the li...
Monday, February 13, 2012 by Eleazar David Meléndez
Greek Austerity: What Does It Mean for Investors?
Given that gold, U.S. bonds and the U.S. dollar remain safe havens during times of uncertainty, they cannot be ignored.
Monday, February 13, 2012 by Palash R. Ghosh
Defying Weak Economy, GE To Go on U.S. Hiring, Plant-Building Spree
General Electric Co., the blue-chip U.S. conglomerate widely seen as a bellwether of the state of the American economy, is going on a hiring spree. The company is set to employ 12,000 new workers over the next five years, including 5,000 veterans hired through a special priority-placement program, GE said Monday.
Monday, February 13, 2012 by Eleazar David Meléndez
Apple Shares Top $500, Setting New Milestone
Shares of Apple, the world’s most valuable technology company, hit the $500 mark Monday valuing the company at $462 billion. It remains the world's most valuable company.
Monday, February 13, 2012 by David Zielenziger
Retail Sales Rose in January: U.S. Economy Preview
Sales at U.S. retailers probably climbed in January as Americans bought more new cars and shoppers took advantage of post-holiday promotions, a sign that the U.S. economy is recovering, economists said before a report this week.
Monday, February 13, 2012 by Moran Zhang
US
New Jersey Senate Passes Gay Marriage Bill
New Jersey's State Senate passed a bill legalizing gay marriage on Monday, despite the fact that Governor Chris Christie promised to veto the legislation. The Senate voted 24 to 16 in favor of the same-sex marriage bill, which is expected to be approved by the state Assembly on Thursday.
Tuesday, February 14, 2012 by Erica Chang
Keystone XL: Environmentalists Take Stand Against Senate with 24-Hour Petition Drive
A group of environmental and progressive organizations aim to send half a million messages to the U.S. Senate in protest of a Keystone XL mandate Republicans plan to attach to an upcoming transportation bill.
Tuesday, February 14, 2012 by Ashley Portero
U.S. Eximbank Not 'Corporate Welfare' - GE's Immelt
General Electric Chief Executive Jeffrey Immelt on Monday defended the U.S. Export-Import Bank against charges the export-facilitating lender is "corporate welfare" and should be shut down.
Tuesday, February 14, 2012 by Doug Palmer
Westminster Dog Show 2012: Armani Wins as New Breed Xoloitzcuintli Wows Audience [PHOTOS]
The nearly two-year-old Georgio Armani won the prize for best of breed of the Xoloitzcuintlis at the first day of the Westminster Dog Show. The Xoloitzcuintli is one of six newly recognized breeds this year that has been accepted into the prestigious competition. Take a look at photos of the competition and of the winner: Georgio Armani.
Tuesday, February 14, 2012 by Julia Greenberg
Osama bin Laden Urged His Children to Seek Western Education, Forsake Jihad: Report
Al-Sadah is the brother of bin Laden's Yemeni fifth wife Amal.
Tuesday, February 14, 2012 by Palash R. Ghosh
Payroll Tax Cut: House GOP Offers Unfunded Extension, Avoiding 2012 Battle
House Republicans said Senate Democrats' refusal to accept spending cuts as a way to pay for a payroll tax cut extension has forced them to come up with a fallback plan to continue the popular proposal until after Election Day 2012.
Tuesday, February 14, 2012 by Dan Rivoli
Celine Dion on Whitney Houston: ‘Unfortunate That Drugs, Bad People, Bad Influences Took Over Her Dreams’ [VIDEO]
Although details about the cause of Whitney Houston's death have not been revealed, another popular diva from north of the border has spoken out about the death of Houston at the age of 48. Celine Dion, best known for her single from The Titanic soundtrack "My Heart Will Go On," participated in a phone interview on Monday's Good Morning America show.
Tuesday, February 14, 2012 by IBTimes Staff Reporter
World
New Jersey Senate Passes Gay Marriage Bill
New Jersey's State Senate passed a bill legalizing gay marriage on Monday, despite the fact that Governor Chris Christie promised to veto the legislation. The Senate voted 24 to 16 in favor of the same-sex marriage bill, which is expected to be approved by the state Assembly on Thursday.
Tuesday, February 14, 2012 by Erica Chang
Keystone XL: Environmentalists Take Stand Against Senate with 24-Hour Petition Drive
A group of environmental and progressive organizations aim to send half a million messages to the U.S. Senate in protest of a Keystone XL mandate Republicans plan to attach to an upcoming transportation bill.
Tuesday, February 14, 2012 by Ashley Portero
Whitney Houston’s Last Meal: Heineken, Champagne, What Else?
Whitney Houston died on Saturday at the age of 48. The singer's body was discovered submerged underwater in the bathtub of her Beverly Hills hotel room. Houston consumed Heineken and champagne as part of her last meal, TMZ reports. The company obtained photos of the room Whitney died in, showing remnants of her final meal.
Tuesday, February 14, 2012 by IBTimes Staff Reporter
U.S. Eximbank Not 'Corporate Welfare' - GE's Immelt
General Electric Chief Executive Jeffrey Immelt on Monday defended the U.S. Export-Import Bank against charges the export-facilitating lender is "corporate welfare" and should be shut down.
Tuesday, February 14, 2012 by Doug Palmer
Westminster Dog Show 2012: Armani Wins as New Breed Xoloitzcuintli Wows Audience [PHOTOS]
The nearly two-year-old Georgio Armani won the prize for best of breed of the Xoloitzcuintlis at the first day of the Westminster Dog Show. The Xoloitzcuintli is one of six newly recognized breeds this year that has been accepted into the prestigious competition. Take a look at photos of the competition and of the winner: Georgio Armani.
Tuesday, February 14, 2012 by Julia Greenberg
Osama bin Laden Urged His Children to Seek Western Education, Forsake Jihad: Report
Al-Sadah is the brother of bin Laden's Yemeni fifth wife Amal.
Tuesday, February 14, 2012 by Palash R. Ghosh
Payroll Tax Cut: House GOP Offers Unfunded Extension, Avoiding 2012 Battle
House Republicans said Senate Democrats' refusal to accept spending cuts as a way to pay for a payroll tax cut extension has forced them to come up with a fallback plan to continue the popular proposal until after Election Day 2012.
Tuesday, February 14, 2012 by Dan Rivoli
Economy
Stocks Rebound on Greek Austerity Vote: Daily Markets Wrap
U.S. stocks bounced back Monday from Friday's biggest loss of the year as Greece's parliament passed the deeply unpopular austerity bill to secure international rescue funds. The strict financial reform includes a 22 percent cut to minimum wage and 150,000 public-sector job cuts. Rioters protesting the measures set fire to buildings in downtown Athens.
Tuesday, February 14, 2012
Payroll Tax Cut: House GOP Offers Unfunded Extension, Avoiding 2012 Battle
House Republicans said Senate Democrats' refusal to accept spending cuts as a way to pay for a payroll tax cut extension has forced them to come up with a fallback plan to continue the popular proposal until after Election Day 2012.
Tuesday, February 14, 2012 by Dan Rivoli
Greece: European or Not?
There is another element to this ongoing drama – Greece’s resentment of Western Europe and the feeling that Greeks don’t feel like they are a part of Europe.
Tuesday, February 14, 2012 by Palash R. Ghosh
Is Small Business Doomed?
The American Express OPEN Forum reported that there was an 11 percent increase in the number of small businesses closing and a 17 percent decline in the number of small businesses opening.
Tuesday, February 14, 2012 by Marc Joseph
Budget Deficit Increases Due to Lower GM Share Values
Lower value of the United States government's stock in General Motors Co. and American International Group will dump $21 billion more on the 2013 budget President Barack Obama released on Monday.
Tuesday, February 14, 2012 by Brett LoGiurato
Last Minute Valentine's Day Gift Shoppers In For a Deflating Surprise
Last minute Valentine's Day gift shoppers hoping to surprise their paramours with a bouquet of balloons are in for a deflating surprise this year. A global helium shortage is causing supply-chain disruptions for gift shop owners, raising the possibility that there won't be enough of the li...
Monday, February 13, 2012 by Eleazar David Meléndez
Soros: Shale Gas and Oil Prompting Economic Recovery
Billionaire investor George Soros attributed the nation's favorable economic outlook to the nation's shale resources in a weekend interview.
Monday, February 13, 2012 by Pierre Bertrand
Companies
Fitch and S&P Downgrade Spanish Banks
Ratings agencies Fitch lowered its ratings on four big Spanish banks while Standard & Poor's cut its rating for the industry as a whole on Monday following recent sovereign downgrades and on concerns of funding difficulties and a weak economy.
Tuesday, February 14, 2012
Reddit Bans Sexual Content Depicting Minors; What Took So Long?
Social news site Reddit, which hosts a vast range of ever-changing content from puppies to memes to atheist rants, decided on Monday that suggestive or sexual content depicting minors would no longer be welcomed on the site.
Tuesday, February 14, 2012 by Dave Smith
Apple at $500: Nowhere to Move but Up?
Apple made history Monday as shares of the world’s most valuable company exceeded $500 for the first time. They closed at a record $502.60.
Tuesday, February 14, 2012 by David Zielenziger
Green Plains Renewable Energy: Fiscal Smarts Turns Corn To Growth
Green Plains Renewable Energy, an ethanol producer that has catapulted itself to No. 11 on the IBTimes 1000 list by taking the nap-inducing what is nap inducing mean? route of smart expansion while minding dollars and cents.
Tuesday, February 14, 2012 by Joseph Orovic
Apple Stock Price Hits $500 Per Share for First Time
Apple's stock price hit $500 per share for the first time on Monday, peaking at $503.83 in yet another sign that the company's fortunes continue to rise.
Tuesday, February 14, 2012 by IBTimes Staff Reporter
Google, Motorola Mobility Deal Approved by European Commission
The U.S. Department of Justice is expected to approve of the transaction as early as this week.
Tuesday, February 14, 2012 by Samuel Weigley
Budget Deficit Increases Due to Lower GM Share Values
Lower value of the United States government's stock in General Motors Co. and American International Group will dump $21 billion more on the 2013 budget President Barack Obama released on Monday.
Tuesday, February 14, 2012 by Brett LoGiurato
Tech
Reddit Bans Sexual Content Depicting Minors; What Took So Long?
Social news site Reddit, which hosts a vast range of ever-changing content from puppies to memes to atheist rants, decided on Monday that suggestive or sexual content depicting minors would no longer be welcomed on the site.
Tuesday, February 14, 2012 by Dave Smith
Can Samsung Galaxy Tab 2 Outsell Apple iPad 3 in Race for Mobile Industry Dominance?
The heated battle between Samsung and Apple rages on as both companies vie for dominance of the mobile industry. Over the last year, Apple and Samsung have run a close race in both smartphone and tablet sales; with the upcoming release of the Samsung Galaxy Tab 2 and, allegedly, the pending announce...
Tuesday, February 14, 2012 by Michael Nunez
Apple at $500: Nowhere to Move but Up?
Apple made history Monday as shares of the world’s most valuable company exceeded $500 for the first time. They closed at a record $502.60.
Tuesday, February 14, 2012 by David Zielenziger
LinkedIn vs. Facebook: Which Attracts More Job Recruiters?
Facebook may have created a buzz with its public offering, but professionals in the Internet sphere shouldn’t forget about LinkedIn. Referred to as the “professional network,” a new study from Bullhorn Reach shows that 48 percent of job recruiters are using LinkedIn exclusively.
Tuesday, February 14, 2012 by Lisa Eadicicco
Google, Motorola Mobility Deal Approved by European Commission
The U.S. Department of Justice is expected to approve of the transaction as early as this week.
Tuesday, February 14, 2012 by Samuel Weigley
Google wins EU okay for Motorola buy
Google Inc won unconditional EU regulatory approval on Monday for its planned $12.5 billion purchase of mobile handset maker Motorola Mobility.
Tuesday, February 14, 2012 by Foo Yun Chee
Apple subjects Foxconn, partners to labor scrutiny
Apple Inc said on Monday that a U.S. non-profit labor group has begun an "unprecedented" inspection of working conditions at its main contract manufacturers, including Foxconn's plants in southern China, as the maker of the IPhone continues to grapple with persistent image problems there.
Tuesday, February 14, 2012
Forex
Obama Sends $3.8 Trillion budget to Congress
President Barack Obama sent Congress a $3.8 trillion budget plan today with spending cuts and tax increases targeting the rich, all in an election-year package for America in a budget that was under massive attack from the republicans.Obama\'s 2013 budget urges the congress to shore up to $800 billio.
Monday, February 13, 2012
Mild Relief on Cautious Optimisim
Markets are correcting some of today\'s gains, where the EUR/USD pulled back to trade around 1.3250 level after printing a high at 1.3285. It\'s expected that the pair will hold above 1.3200 pivot today, as cautious optimism dominates after the Greek parliament backed the needed spending cuts as a pri.
Monday, February 13, 2012
Euro rebounds to a two-month high after Greek Parliament approval to austerity measures
The euro rebounded to eight-week high versus the dollar as the approval of Greek austerity measures in the Parliament late on Sunday revived hopes Greece is now very close to receiving a second bailout worth 130 billion euros that would prevent the debt-mired nation from relapsing into default next .
Monday, February 13, 2012
Euro rebounds to two-month high after Greek Parliament approval to austerity measures
The euro rebounded to eight-week high versus the dollar as the approval of Greek austerity measures in the Parliament late on Sunday revived hopes Greece is now very close to receiving a second bailout worth 130 billion euros that would prevent the debt-mired nation from relapsing into default next .
Monday, February 13, 2012
USD/JPY Climbing Ready To Renew?
On Friday Dollar/Yen traded within narrow 30 pip range. The currency couple appreciated from 77.51 to 77.81 on Friday, not matching the negative Interbank sentiment at bellow -9%, closing the week at 77.56. This morning the Dollar is trading quietly against the Yen, moving within Friday's range for now.
Monday, February 13, 2012
GBP/USD Attempts To Resume Uptrend
On Friday Pound/Dollar decreased with 120 pips. The Cable depreciated from 1.5850 to 1.5727 on Friday, in converse with the positive Interbank sentiment at over +43%, closing the week at 1.5750. Today the British Pound is making recovery attempts, with movements still within yesterday's range for the time being.
Monday, February 13, 2012
Swiss producer and import prices
Swiss producer and import prices for the month of Januarys came in at 0.0% on the monthly basis compared with estimates of 0.2% and the prior reading of 0.3%. The year on year reading plunged to -2.4% from the prior -2.3%, compared with median forecasts of -2.2%.
Monday, February 13, 2012
Education
Student loan default rate rising
The Department of Education (DoE) said that default on student loans climbed to 7.0 percent in fiscal 2008, up from 6.7 percent in the prior fiscal year - yet another manifestation of the sluggish economy and bleak jobs market. .
Saturday, September 18, 2010 by Palash R. Ghosh
China sends more students to US B schools than India this year
Big brother China has beaten India for the first time in the number of students to US management schools.
Friday, September 17, 2010
US universities attract fewer students
The share of foreign students coming to the United States has been going down every year since 2000, shows a study released by an international body comprising the developed nations of the world.
Friday, September 17, 2010
Recession makes more people take up higher studies
If there is one single benefit to the US due to the recession, it is that more people are studying in colleges than ever.
Thursday, September 16, 2010
Bonus Points: Setting Targets for CFO Compensation in Times of Crisis
The recession has caused all sorts of difficulties for CFOs: falling earnings, tumbling stock prices and, occasionally, knotty negotiations with lenders.
Tuesday, September 14, 2010
The Whole Truth and Nothing but the Truth: Managing Information Asymmetry in IS Consulting
A cynic might say that information systems consultants shortchange their clients. They can, for example, promise more than they deliver.
Wednesday, September 08, 2010
Boston: beyond the familiar MBA recruitment faces
Despite experiencing a good number of mergers and acquisitions over the past five years, notably Procter and Gamble's acquisition of Boston mainstay Gillette, Boston is still home to some of the most recognized MBA recruitment brands.
Tuesday, September 07, 2010 by Dan Beaudry And Susan Peppercorn
Auto
Fisker to Debut Karma Hybrid at 2010 Paris Motor Show
Irvine, California-based Fisker Automotive will debut the first factory-built Karma at the upcoming 2010 Paris Motor Show this October.
Saturday, October 02, 2010
BMW recalls 350,000 cars, including Rolls-Royces
BMW is voluntarily recalling 350,000 cars worldwide due to a possible brake problems that the world's biggest premium carmaker said have not caused any accidents.
Friday, October 01, 2010
GM posts gain amid still-slow auto market
General Motors Co posted an annual sales gain of 10.5 percent in September amid evidence that the U.S. auto market remained stuck in a slow-moving recovery at the start of the fourth quarter.
Friday, October 01, 2010
Electric cars arrive while posing test for grids
Top automakers finally have electric cars ready to purr into dealer showrooms. Now the question is whether the charging infrastructure and electricity supply are up to the task.
Friday, October 01, 2010
Luxury carmakers return to records of old
Europe's luxury carmakers fear no double-dip thanks to a fresh supply of wealthy customers in emerging markets who have just earned enough money to buy their first Mercedes-Benz or Ferrari.
Friday, October 01, 2010
Fiat to launch new models end-2011
Italian automaker Fiat has decided to launch new products only at the end of 2011 or early 2012 due to the weakness of the market
Friday, October 01, 2010
Autos would get up to 62 mpg under proposal
Automakers would have to achieve sharply higher fuel economy -- between 47 and 62 miles per gallon -- by 2025 under a preliminary plan released by the Obama administration
Friday, October 01, 2010
Jobs
Monster US online jobs index rises to 138 in September
A monthly gauge of online labor demand in the United States edged up in September from a month ago and was 16 percent above the reading from a year ago.
Friday, October 08, 2010
Private sector job cuts raise Fed easing chance
U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.
Wednesday, October 06, 2010
Private sector sheds 39,000 jobs in Sept
Private employers unexpectedly cut 39,000 jobs in September after adding an upwardly revised 10,000 jobs in August, a report by a payrolls processor showed on Wednesday.
Wednesday, October 06, 2010
Prices gain on unexpected private jobs decline
U.S. Treasury debt prices climbed on Wednesday, pushing benchmark note yields to the lowest since January 2009, after ADP Employer Services said private payrolls unexpectedly contracted in September.
Wednesday, October 06, 2010
Meet Claudia! Objective: Make a successful career change from teaching into counseling.
The best part of my job is reuniting candidates with their self-confidence. In today's job market I know it is so difficult to remain positive and to not take rejection personally.
Tuesday, October 05, 2010 by Samantha Nolan
#1 Problem with All Resumes, Job Searches, and Interviews
Imagine sitting in a lobby waiting for an interview. You look around and all those waiting are as professional and qualified as you...
Tuesday, October 05, 2010 by Rosa E. Vargas
The New Grad Quagmire
It's an interesting dilemma for new grads these days. Assuming you're lucky enough to score a job, you'll find yourself thrown into a workforce for which you've (probably) received little or no formal training. Sadder still, you probably won't receive much on-the-job training either.
Tuesday, October 05, 2010 by Emily Bennington
Health
Morning sickness may signal healthier pregnancy
New research confirms that women plagued by morning sickness in early pregnancy are less likely to miscarry.
Thursday, October 07, 2010
Nobel-winning work is matchmaker for molecules
The three winners of this year's Nobel Prize for Chemistry all developed new ways to make carbon atoms stick to one another -- a mundane-sounding process that in fact underlies the very basis of life.
Thursday, October 07, 2010
FDA to push for more investment in science
Health regulators plan to spend millions of dollars to step up their scientific prowess in a move that officials say will help quickly get new treatments to patients and protect the public against possible health threats.
Thursday, October 07, 2010
How Republicans could block healthcare reform
Republicans could keep their promises to stop healthcare reform even if they cannot repeal it, simply by blocking legislation needed to pay for it, one expert argued on Wednesday.
Thursday, October 07, 2010
Poor healthcare may shorten American lives: study
Americans die sooner than citizens of a dozen other developed nations and the usual suspects -- obesity, traffic accidents and a high murder rate -- are not to blame, researchers reported on Thursday.
Thursday, October 07, 2010
Ultra-Running and Race Day Nutrition
Ultra-running (as defined by any running race longer than the marathon of 26.2 miles) requires a whole different nutritional viewpoint when compared to the gels and quick shots of Gatorade normally
Wednesday, October 06, 2010
International Walk to School Day is October 6
The Partnership for a Walkable America sponsored the first National Walk Our Children to School Day in Chicago in 1997. It was a simple day, designed to highlight the need to create communities that are walkable. The day was created, in part, on a similar concept celebrated in the United Kingdom.
Wednesday, October 06, 2010
Travel
Queenstown’s romantic-adventure band-wagon
I battle desperately not to climb aboard Queenstown's romantic-adventure band-wagon; but I fail miserably.
Monday, September 27, 2010 by Kip Brook
Historic Pera Palace Hotel in Turkey opens for business
After two and a half years of renovation costing $ 29 million, the five star luxury hotel Pera Palace in Istanbul Turkey opened its doors to guests.
Friday, September 24, 2010
Camper & Nicholsons (CNI) offers yacht-charter to cruise the Indian Ocean
Even as your contemporaries sail to the Caribbean to celebrate to Christmas, you take a different course.
Thursday, September 23, 2010
Mahe
The largest of the Seychelles archipelago, Mahe is an African island rich with hidden treasures.
Thursday, September 23, 2010
Fly to space with Boeing in 2015
You just have wait till 2015 for a trip into the space, as US aerospace giant Boeing and Space Adventure have tied up to put tourists into low-level orbit in a futuristic capsule.
Wednesday, September 22, 2010
Hotels come under Britain’s Fair Trading scanner
Speaking to the BBC, Dorian Harris, Managing Director of Skoosh.com said hotels would email, call and threaten legal action over his website openly offering hotel discounts.
Tuesday, September 21, 2010
Boeing ventures into space tourism with partner
Aerospace major Boeing announced its entry into the space tourism market in partnership with its Space Adventures, and the partnership hopes to sell seats on rocket trips to the International Space Station very soon.
Tuesday, September 21, 2010
Life Style
Ugg Australia: Comfortable Fall Fashion Trends
Uggs Australia get a lot of grief in the fashion world, but they're undeniably comfortable and now they're more fashionable as well.
Thursday, September 30, 2010 by Carly Zinderman
Keira Knightley Stars in New Chanel Campaign
Stunning actress Keira Knightley turned heads in Paris the other day while filming a sexy new ad campaign for Chanel.
Tuesday, September 28, 2010
A romantic evening for Katie Holmes in Jason Wu
Katie Holmes and Tom Cruise got cozy at the premiere for 'The Romantics' in New York City and we were on hand to report on Katie's latest style antics.
Tuesday, September 28, 2010
Kalamazoo's Outdoor Kitchen is Cutting-Edge Cookery
Those wanting to up the ante on their backyard "stay-cation" and holiday hospitality should consider Kalamazoo Outdoor Gourmet's extravagant outdoor kitchen, which is more like an outdoor cooking "resort." .
Tuesday, September 28, 2010 by Merilee Kern
Emerald Jet Charter Expands with Helicopter Travel
Emerald Jet Charter announced that it now is offering helicopter travel along with chartering private business jets.
Tuesday, September 28, 2010 by James Rothaar
Watch that brings back old world charm
If you are tired of the modern looking watches then check out the latest traditional looking wristwatch from Carl F Bucherer - the new Manero ChronoPerpetual.
Friday, September 24, 2010
Ralph Lauren opens exclusive men’s store on Madison Avenue
To commemorate the opening of his original store in New York, Ralph Lauren is redefining his vision of men's high fashion by launching an exclusive men's store in the same space.
Friday, September 24, 2010
