Is slower Chinese GDP growth better? Yes, says IMF
Slower Chinese GDP growth would be better for China and the world if comprehensive reforms are implemented and credit and investment growth is better...
Chevron Q2 earnings boosted by high crude prices
Chevron Q2 earnings increased to $5.7 billion ($2.98 per diluted share) compared to $5.4 billion in Q2 2013, boosted by higher energy prices which...
Android captured 85 percent of Smartphone market in Q2 2014
Android captured 85 percent of the global Smartphone market in the second quarter of 2014, says a new report published by Strategy Analytics, mainly...
Procter & Gamble shedding half its brands
Procter & Gamble says it is shedding half its consumer brands, and focusing on just 70 or 80 of them, including Pampers diapers and...
Berkshire Hathaway Q2 profit jumps 41 percent
Berkshire Hathaway Q2 profit increased by 41% to $6.395 billion, beating most analysts’ forecast. Results in the company’s operating businesses improved significantly, including its...
Does automation kill jobs? Yes and No
Does automation kill jobs or create them? The answer is “both”, according to a new study carried out by EMSI (Economic Modeling Specialists International)...
Argentine debt ruling, economists appeal to Congress
More than 100 economists have called on Congress in a letter to take action to mitigate the harmful consequences of the Argentine debt ruling...
Reducing electricity bills with people power
Reducing electricity bills is more effective if consumers join forces when negotiating better deals. If large groups of consumers switch energy suppliers, they tend...
US July job growth slowed
US July job growth slowed, registering an increase of 209,000, which was slightly fewer than the 230,000 analysts had been expecting. The unemployment rate edged up...
Allergan sues Valeant and Ackman alleging insider trading
Allergan sues Valeant, Mr. Ackman and his hedge fund firm Pershing Square, accusing them of insider trading as well as other fraudulent practices. The...