US Senator Harry Reid is under Investigation, Says Utah Prosecutor
US Sen. Harry Reid of Nevada is being investigated regarding a pay-to-play plan that involve two past attorney generals of Utah, said a county prosecutor…
Business
Best Buy Focuses on Growth, Bets on Appliances
The market of electronic appliances has grown drastically in the last few years, and Best Buy Co., Inc. is using it to turn things around….
Global Stocks Reverse After Paris Attacks
There seems to be no long-term effects on the economy after the attacks in Paris on Friday. The dollar rose and global equity markets gained….
Syngenta rejects ChemChina
Syngenta, the world’s largest agrichemicals company, rejected a $42 billion takeover offer from state-owned China National Chemical Corporation. ChemChina offered 449 Swiss francs per share,…
Richest deal in history between Ford and UAW
There has been a four-year tentative agreement made between UAW and the Ford Motor Company. The new proposed deal is to provide job security and…
Goldman Sachs Shuts Down BRIC Fund, Ends Years of Incurring Losses
The Goldman Sachs Group Inc. has ended years of incurring losses on its BRIC fund. The fund once invested heavily in Russia, India, Brazil, and…
Weyerhaeuser and Plum Creek announce agreement leading to creation of new timberland company
Two renowned companies, Weyerhaeuser and Plum Creek Timber, have announced the formation of a new timber, land, and forest products company of 23 billion dollars,…
The Ups and Downs of a rising economy!!
The US economy is finally making a strong comeback, but are there big changes in our future? The US dollar index (DXY) is the highest…
“Shatterproof” Motorola Moto X Force Available in UK
As early as November 9th, UK-based fans of the Motorola Droid Turbo2 will be able to get their hands on the smartphone, although it will…
General Motors’ Leading the Pack in Auto Sales
There are signs that the economy is improving. The automakers have had the best two months in almost fifteen years. General Motors’ Company and Fiat…
5 Year Plan for 6.5% Economic Growth in China
China’s president, Xi Jinping, announced Tuesday that a 6.5 percent target had been made for economic growth. The Communist Party and the national government set…
Eurozone returning to zero
The Eurozone, which is a group of European Union nations whose currency is the euro, has returned to zero. The inflation rate rose from -0.1…
New law causes $120 billion shortfall by U.S. banks
On Friday the Federal Reserve proposed a new rule for the biggest U.S. banks . The new rule will require six big U.S. banks to…
Stock Market Analysis – The trend will be reverse in coming days
The U.S. stock market has been showing a massive positive tendency with the closing of October. On the other hand, some of the experts are…
December Hike or Not
In September, U.S. consumer spending was at its lowest. This is the lowest gain in eight months despite the GDP growth in the second quarter….
Shell, shaken up immensely by diminishing oil prices
Business activities and sales of all the oil companies worldwide are being highly affected due to decreasing petroleum prices and Royal Dutch Shell is the…
Post- Emissions Scandal, Volkswagen Faces its First Loss
On Wednesday, Volkswagen posted its first ever loss in years. Unsurprisingly, this comes in the wake of its recent emissions scandal. While many expected Volkswagen…
The U.K. Economy – Growing Slow and Steady or Facing a Downfall?
The expansion of the U.K. economy is endangered due to a slowdown in the emerging markets. As per the reports, U.K. economic growth contracted because…
New four-year labor contract for General Motors Corporation
General Motors Co. and the United Auto Workers have agreed upon a tentative new four-year labor contract. This agreement took place Sunday night 15 minutes…
Hazardous calm before the storm: export crisis threatens Germany, said IMF
The commodity shock could soon bring new problems for the German export economy. The IMF sees a crisis in emerging markets on the horizon, but does…