Fed stimulus package remains intact
The Federal Reserve surprised everybody by deciding to keep the $85 billion monthly Fed stimulus package intact.
U.S. stocks responded by reaching a record high...
Ethical marketing claims work best for tangible products
When ethical marketing claims are made for products that consumers can touch they are more likely to buy the product, according to a study...
Starbucks asks customers not to bring guns into their cafes
Starbucks has just issued a statement respectfully asking customers not to bring firearms into their cafes.
This comes as quite a shock to many, especially...
Novartis eye care unit Alcon accused of bribery in China
Swiss pharmaceutical giant Novartis AG says its eye care unit, Alcon, is accused of bribing doctors in more than 200 hospitals in China. The...
U.S. decrease in consumer credit defaults
There has been a decrease in consumer credit defaults in the USA, according to data released by the S&P Dow Jones Indices and Experian...
European car sales fall 5% in August 2013
European car sales fell 5% in August 2013, after rising 5% in July, according to a new report by the European Automobile Manufacturer’s Association...
Microsoft announces $40 billion share buyback, boosts dividend 22%
Microsoft Corporation has increased its quarterly dividend by 22% and announced a $40 billion stock buyback plan.
According to FactSet, Microsoft’s market value is $273.2...
How can we prevent another global crisis? IMF sets guidelines
How can we prevent another global crisis? It’s an important question. No-one wants a repetition of what we recently went through: the threat of total...
6% of Lloyds Banking Group up for sale
The UK government is offering big investors 6% of the Lloyds Banking Group, worth approximately £3.3bn ($5.25bn).
On Monday, shares in Lloyds closed at 77.36p....
Up to 60 percent of drug ads on TV are misleading
U.S. consumers should be very wary when they watch advertisements for pharmaceutical products.
According to a study published in the prestigious Journal of General Internal...