The tablet marketplace just got a little more crowded as Google releases its own, modestly priced, eReader-type product called the Nexus 7. Unveiled at Google’s I/O developers’ conference in San Francisco on Wednesday, the seven-inch tablet was designed by Google engineers but is actually manufactured by Asus in Taiwan. The new product will be priced… Continue Reading
The financial ministers of the euro zone’s largest economies will meet on Tuesday prior to the upcoming full-blown summit of the European Union to be held on Thursday. The financial ministers of Germany, France, Spain and Italy hope to come up with a plan to shrink their differences on how to deal with the present… Continue Reading
The Federal Reserve’s dejected outlook for additional economic recovery in the U.S. this year is reason for concern, but officials are nonetheless pooling their efforts in hopes of boosting job growth. Still, many believe the central bank has already exhausted its chances of stimulating the economy any further this year. On Wednesday, the Fed stated… Continue Reading
A slow economy does not mean there are not lots of opportunities for entrepreneurs willing to do a little research into what industries are showing strong growth potential for the year approaching. Some businesses may be franchises, and others might be solely your own, but either way there is money to be made and success… Continue Reading
The economy is endlessly shifting and stability is a seemingly lost cause in the business world. Still, certain business trends stand out in today’s industries. Here is a list of the top ten business trends according to Frannet.com: Generation Y: Today’s youth have more purchasing power than any youngsters before them. Whether it’s their own… Continue Reading
The third-largest bank in Japan has consented to acquiring WestLB AG’s Brazil wing in an effort to reduce demand for infrastructure-focused financing. Though Mizuho Financial Group has not yet revealed the terms of the transaction, their website states that the purchase is still waiting on regulatory approval. Business Week explains that Banco WestLB AG Brazil… Continue Reading
Warren Buffet, founder of Berkshire Hathaway, is one of the most successful investors today. His experience and wisdom are both something to emulate, and many of his quotes have inspired businesses and individuals in the past. “When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever” And: “Rule No.… Continue Reading
When looking at the unemployment rate in America, it’s interesting to see where the average American places the blame. A Gallup poll from Thursday shows that most of them place it squarely at the feet of former U.S. President George W. Bush. Of the 1000 adults surveyed, about 68% of them placed the blame with… Continue Reading
A Fortune 500 list has revealed the top 20 most profitable companies in 2012: Exxon Mobil————————————$41,060 million Chevron——————————————$26,895 million Apple—————— ————————— $25,922 million Microsoft—————————————- $23,150 million Ford Motor————————————–$20,213 million JP Morgan Chase & Co.———————-$18, 976 million American International Group——— $17, 798 million Wells Fargo————————————- $15, 869 million International Business———————$15,855 million Wal-Mart Stores——————————-$15,699 million General Electric——————————-$14,151… Continue Reading
Economist are predicting slower than hoped-for growth in the economy during the second quarter of 2012 despite lower gas prices during this period. The cheaper gas did not stimulate spending in other sectors by consumers, leading analysts to believe that the economy is still slumping. Not all of Wednesday’s government data was disappointing, however. Consumers… Continue Reading