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Economic growth in China accelerated in 3rd quarter 2013
During the third quarter of 2013, economic growth in China grew at an accelerated rate, after three quarters of falling growth. Its economy expanded 7.8% during Q3 2013, compared to 7.5% in Q2. Fears that the world’s second largest economy…
Google shares $1000 each
Google shares hit the $1,000 mark on Friday when they rose 13.8% on the day after the company reported strong earnings. Google shares reached $1,011.4, representing a 42% increase so far this year. On Friday they rose 122 points. Google…
Study warns wifi devices dangerous in cars
Researchers in Canada warn that fitting wifi devices to cars could be dangerous, even if they are voice-operated. Professor Ian Spence of the University of Toronto says: "Many people assume that talking to a voice-operated device will be as…
Cinema adverts have no impact when audience is eating popcorn
A new study may have advertisers scrambling to rethink how to get their marketing messages to cinema audiences. A team of researchers in Germany suggests brand-pushers could be wasting their time trying to impress cinema-goers who are…
Obamacare online problems
When you launch a new health care program, such as the Affordable Care Act or Obamacare online, you should not depend entirely on computers. Even though they are full of promise and raise sky high expectations, computer systems can have…
IBM sales drop in third quarter
IBM, the largest technology services company worldwide, reported a 4% fall for the third quarter of 2013. Amid decline in hardware in emerging markets, experts had expected a fall, but less than 4%. Wall street had expected IBM sales to…
Consumers like their discounts now, not later!
Discounts backfire if the consumer has to wait, researchers from the universities of Columbia and Toronto reported in the Journal of Consumer Research. Consumers want to reap the benefits of discounts straight away and not later. If they…
What are the best business schools?
This article paints a picture of the best business schools around the world, according to various different ranking systems. Business schools are university-level institutions that provide business administration degrees to their students.…
New battery lab developed by Ford and UM will speed up development of electric vehicles
Automaker Ford and the University of Michigan cement their 60-year history of collaboration by creating a new kind of battery laboratory that promises to speed up the development of electrified vehicles. The $8 million battery lab that…
2013 Economics Nobel Prize awarded to trio
The Royal Swedish Academy of Sciences has awarded the 2013 Economic Nobel prize to Eugene F. Fama, University of Chicago, IL, Lars Peter Hansen, University of Chicago, IL, and Robert J. Shiller, Yale University, New Haven, CT, all in the…