Amidst legal battles with Apple, Inc., Samsung Electronics has announced that it will be buying CSR, the UK-based chipmaker, in a $310 million cash transaction. The two leading companies have long been fighting over intellectual property rights and patent infringements for years. Now, with CSR as its newest weapon, Samsung may have gained the upper… Continue Reading
Former Greek finance minister and head of the Socialist party Evangelos Venizelos said on Tuesday that it will be “almost impossible” for Greece to cut back spending by €11.5 billion ($14.1 billion) over the coming two years, the amount its rescue creditors demanded as part of the bailout deal. Venizelos made his statement in a… Continue Reading
Like fresh meat thrown to a pack of wolves, Obama’s comments about the relationship between government and business has inspired prominent business organizations, conservatives and the Republican candidate for president, Mitt Romney, to react in the strongest way to Obama’s remarks. Obama was speaking in Roanoke, Virginia to a group of supporters when he stated… Continue Reading
A recent statement by the IMF claims that the world is perched precariously on the backs of the U.S. and European economies. Global growth will remain stunted until they improve. According to their website, Europe’s persistent crisis has hindered global economic recovery into the second quarter. Predictions from the World Economic Outlook say global economy… Continue Reading
Yesterday, President Barack Obama delivered a controversial speech in Roanoke, Virginia. He criticized the concept of the ‘self-made man’ and the American success story, stating that: “There are a lot of wealthy, successful Americans who agree with me – because they want to give something back. They know they didn’t – look, if you’ve been… Continue Reading
GlobeImmune, Inc is a biopharmaceutical company which recently filed with the SEC to go public, but have still not begun trading. The company was founded in 1995 as Ceres Pharmaceutical and changed its name to GlobeImmune in 2001. GlobeImmune has the ambitious goal of ending disease all over the world. At the moment GlobeImmune is… Continue Reading
Some companies say they are good to the environment, but really aren’t so good if you take a closer look. Newsweek decide to take a closer look, and with the help of some experts on environmental issues and business practices, studied a large selection of companies for more than one year. Among the 15 top… Continue Reading
A national survey recently revealed that although 2012 has seen some significant improvement, more than 50% of new college graduates will struggle to find work over the course of the next few months. According to the Birmingham News, “Lack of jobs, not qualifications, is the top reason recent college graduates and post-graduates are unemployed and… Continue Reading
CEO of Greenleaf Book Group, Clint Greenleaf moved his company from Cleveland, Ohio to Austin, Texas in 2004. There were several reasons Greenleaf made the move; among them the most important were the difficulty of hiring in Ohio, and the absurdly high taxes there. Greenleaf explained that in Texas there would be no requirement of… Continue Reading
The Council of Competitiveness and the National Association of Manufacturers recently unveiled its list of the top ten ‘business-friendly’ states in the U.S. this year. As mentioned before, Texas ranked #1 in several surveys. The most recent list ranks the states like this: Texas Utah Virginia North Carolina North Dakota Nebraska South Dakota Colorado Georgia… Continue Reading