Business Day Live reviews the current economic situation in lands both near and far, revealing that RIM, the BlackBerry maker, has projected additional, significant losses. The company now struggles with tough decisions on whether to continue at its current pace, share, or just sell as its stock falls in value. Potential investment inclinations are marred… Continue Reading
The subsidiary that Fiat SpA, the carmaker created in 2011, Fiat Industrial SpA, announced its plans to merge with its CNH Global NV unit and then move its primary stock listing to New York in hopes of attracting a larger base of worldwide investors. Fiat Industrial has an 88 percent interest in CNH, manufacturer of… Continue Reading
Bloomberg BusinessWeek recently listed the best business schools for 2012, with Notre Dame ranking #1 for the third consecutive year. Many other schools, however, have shifted in the standings. Here are this year’s top ten: Notre Dame (Mendoza) Virginia (McIntire) Cornell (Dyson), up from 5th place Pennsylvania (Wharton) Emory (Goizueta), down from 3rd place MIT… Continue Reading
Today the unemployment rate is 8.1% down from 9.9% in November, 2009, but still not down to pre-recession unemployment figures. There are three job seekers for every one job available. Those who have been unemployed for lengthy periods are about to lose their unemployment benefits, about half a million losing their benefits sooner than they… Continue Reading
Mark Webber came in first at the Formula 1: Monaco Grand Prix this past week. After the race, he shared his immediate thoughts: “An incredible day; this place gives you such amazing memories. There were different parts of the race where I had to be incredibly focused and make sure we really capitalised on the… Continue Reading
Devon Energy ranked 28 among the best companies to work for in the US, it also ranks quite high among the country’s top-paying firms. The average salary for an engineer on staff at Devon is $178,305, giving it the distinction of ranking 6th among the country’s top-paying firms. Devon Energy has 2.9 billion barrels of… Continue Reading
Tourism experts and economists have both agreed that the situation in the U.S. will lessen the travel rate throughout the nation this summer. Though the gas prices are relatively low in many states, employment and economic concerns will undoubtedly discourage many vacationers, especially on the West Coast. The job market struggles and high household debt… Continue Reading
In a project for Amazon, Scott A. Lingle listed the top 20 business books on the market. He explained that he has read and listened to hundreds of such books, and that his favorite authors include Jim Collins, Marcus Buckingham and Patrick Lencioni. The list includes: Good to Great: Why Some Companies Make the Leap…and… Continue Reading
April’s figure for new-home sales was up by 3.3 percent from March’s number, according to information released by the Commerce Department on Wednesday. That translates into a seasonally adjusted annual rate of 343,000. The entire country experienced this rise with the exception of the South. Analysts are hopeful that this could signal that the US… Continue Reading
Investors have been considering for a while now the possibility that Greece might walk out of the euro common currency in order to help them cope with the serious austerity measures that the international community is forcing on them as a condition for receiving international economic aid. A financial news service report has put some… Continue Reading