Civil unmanned aircraft – aviation’s next great frontier
Civil unmanned aircraft are the next great frontier in aviation, according to the Aerospace Industries Association…
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Did Hartz IV reform reduce German unemployment? Hardly
Did Harts IV reform make a major contribution to Germany’s falling unemployment rate?
According to a new study…
US economy grew by 2.8% in 3rd quarter 2013
The US economy grew by 2.8% during the third quarter of 2013, compared to 2.5% during the second quarter, the…
European retail trade down 0.6% in September
European retail trade dropped 0.6% in September compared to August in the euro area, according to Eurostat, the…
BMW profits fell in car division
During the third quarter of this year, BMW profits fell in its car division.
The company says the fall is due to…
Chinese service sector helping economic growth
The Chinese service sector is helping boost economic growth, latest figures have shown.
The non-manufacturing…
Debt ceiling fights – lessons and consequences
Are the government shutdowns and debt ceiling fights worth the costs and consequences? Philip Wallach of the…
German and Chinese economic models criticized by US Treasury
The US Treasury has criticized German and Chinese economic models, saying the Chinese Yuan is too undervalued and…
Facebook revenue jumps 60% to $2.02bn in Q3
Facebook revenue jumped by 60% to $2.02 billion in Q3 2013. The company reported a profit of $425 million for the…
Health coverage gap filled by public insurance
The health coverage gap that grew since 2001 was filled by public insurance, says a new study carried out at the…
Federally funded research leads to new companies and jobs
Federally funded research fuels American innovation and contributes significantly to economic growth, a new report…
Existing home sales fall in September 2013
Existing home sales fell in September in the United States, after reaching the highest level in almost four years,…
US September unemployment fell less than expected
The US September unemployment rate fell from 7.3% in August to 7.2% in September. A total of 148,000 jobs were…
More Boeing 787 Dreamliner Glitches, Japan Airlines
Boeing's 787 Dreamliner glitches do no seem to go away.
Japan Airlines has had to turn around two airplanes in…
New redesigned 100 dollar bill
The Federal Reserve has announced the issue of the new redesigned 100 dollar bill, to be released on October 8th,…
Merck cutting a further 8500 jobs
Pharmaceutical giant Merck & Co, known outside the USA and Canada as MSD (Merck Sharp & Dohme), will cut…