Business and Finance news
August 15, 2011
Global stocks continued their rebound Monday on hopes that the recent sharp volatility in the markets has run its course following a run of stronger than anticipated economic data and after Google announced a $12.5 billion deal.
Though concerns remain over the state of the global economy and Europe’s debt crisis, many investors think the recent […]
news, real estate - Comments closed
August 10, 2011
You’re poorer than you think.
As the recent turmoil on the Toronto stock market wiped out $163 billion in Canadians’ savings, some are rethinking everything from their planned retirement date to next winter’s beach holiday and even their choice of restaurant.
It’s a phenomenon called the “Wealth Effect,” an economic term that refers to the link between […]
August 4, 2011
Deutsche Telekom AG said Thursday net profit fell 27 percent in the second quarter as it took one-time charges for early retirements in Germany and faced lagging revenue and excessive customer turnover in the U.S. mobile business it is selling to AT&T.
Net profit fell to euro348 million ($496 million) from euro475 million in the same […]
August 2, 2011
The Senate has approved an emergency bill to avert a first-ever government default with just hours to spare.
The strong bipartisan vote was 74-26. The measure now heads to President Barack Obama for his signature. The legislation makes a down payment on taming out-of-control budget deficits.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further […]
July 28, 2011
Enterprise Financial Services Corp. posted a record profit in the second quarter, boosted by growth in commercial and industrial loans and higher net interest income.
Enterprise’s $9.9 million profit, or 52 cents a share, in the second quarter that ended June 30 is up from a profit of $737,000 in the second quarter of 2010, or 1 cent […]
July 27, 2011
Now playing: Movies at Walmart.com.
The world’s largest retailer on Tuesday started streaming many movies the same day they come out on DVD, in a second bid for a share of popular movie rental and streaming website Netflix Inc.’s business and just two weeks after Netflix announced new price increases.
Wal-Mart Stores Inc. bought video-streaming service Vudu.com […]
July 25, 2011
A Cairo court decided Monday to combine the trials of ousted President Hosni Mubarak and his former interior minister on charges they ordered the killings of protesters during Egypt’s uprising.
The trial for Mubarak, his former security chief Habib el-Adly, and six aides will start Aug. 3, the court ruled during a chaotic hearing where lawyers […]
Uncategorized, term - Comments closed
July 22, 2011
How do I improve my property with energy-efficient solutions?
With the ever-increasing cost of utilities, this question is becoming a major focus of design professionals. Not matter if you are a homeowner or a facilities manager of multiple buildings, the cost of operations is a burden we all live with.
The concept of an energy audit is […]
July 16, 2011
Eight of 90 banks flunked stress tests projecting how they would fare in another recession, and 16 more barely passed _ but the results proved controversial.
Some countries challenged the results as inaccurate and overly pessimistic, while analysts worried the tests did not account for the key risk of a Greek debt default.
As it presented the […]
management, mortgage - Comments closed
July 6, 2011
President Barack Obama will summon top Republican and Democratic leaders to the White House this week for another round of talks on cutting government spending and raising the nation’s borrowing limit, a GOP congressional aide said.
Obama is expected to call for the talks during remarks from the White House late Tuesday afternoon, said the aide, […]
technology, uk - Comments closed