Target shareholder dissent increases
Target shareholder dissent is growing. In its final shareholder's meeting to approve 10 nominees for the board, the tally showed an increase in dissent...
Medtronic Covidien acquisition deal confirmed
A Medtronic Covidien acquisition deal has been confirmed by the two companies. Medtronic, a Minnesota-based medical devices multinational is to take over Covidien, also...
FCC investigates Netflix versus Verizon feud
The Federal Communications Commission (FCC) is to investigate the Netflix versus Verizon feud. Over the last few weeks Netflix has blamed Verizon for slow...
US May restaurant sales down from record March
US May restaurant sales reached $46.5 billion, about $200 million down from March, which posted a record volume. However, in spite of the recent...
Producer prices dropped 0.2 percent in May
The US Bureau of Labor Statistics informed on Friday that producer prices dropped 0.2 percent in May, after rising 0.6% in April and 0.5%...
Excessive superstar talent can harm sports teams and the boardroom
Excessive superstar talent can be detrimental to sports teams and the boardrooom, says a study published in the journal Psychological Science. After a certain...
April air passenger traffic grew 6.7 percent
April air passenger traffic increased by 6.7%, driven by a 9% rise in international travel and 4.8% growth in domestic flights, according to Airports...
Is the German economy overheating?
In 2014, Germany’s gross domestic product (GDP) is forecast to expand by 2% and then by 2.5% in 2015, well above its 1.25% potential...
United States needs economic reforms for better growth
Even though its rebound is one of the strongest among the OECD countries, the United States needs economic reforms for better and more sustainable,...
S&P improves UK credit outlook to “stable”
The UK credit outlook has been improved to “stable” from “negative" by Standard & Poor’s (S&P), which had lowered the outlook in 2012. The...