Wal-Mart to lay off 2,300 Sam’s Club workers
Wal-Mart says it is laying off 2,300 Sam’s Club workers, the club chain’s largest job-cut since 2010. Nearly half of the layoffs will involve...
Used vehicle market to slip in 2014, US
The used vehicle market in the US is forecast to slide in 2014, ending five successive years of increasing prices, after a steep rise...
Samsung profits fell in fourth quarter 2013
Samsung profits fell in the fourth quarter of 2013, the world’s largest mobile phone and TV maker reported.
The company made a net profit of...
Apple Mac 30th Birthday today
On January 24th, 1984, the first Apple Mac came out, exactly thirty years ago yesterday. Happy Birthday Apple Mac! Macintosh’s birthday is being celebrated...
Circular economy can create 100,000 jobs and generate $1 trillion
A shift towards a circular economy could generate 100,00 new jobs and $1 trillion annually for the global economy by 2025, according to a...
JP Morgan chairman paid 74% more while profits fall
JP Morgan Chairman and Chief Executive Jamie Dimon will be paid $20 million for the last 12 months’ work, a 74% increase from $11.5...
Fragile European economy, Draghi says
We still have a fragile European economy, the European Central Banks’ president, Mario Draghi, said at the 44th World Economic Forum Annual Meeting at...
Emerging market worries bear down on Wall Street
Emerging market worries sent stocks down in Wall Street by over 2%, down 318.24 points to 15879.11, a five-week low.
The S&P 500 fell 2.1%,...
US GDP growth widespread across industries
The Bureau of Economic Analysis has issued a new and more detailed report on US GDP growth across a range of industries in 2012.
The...
Seize reshoring opportunities, David Cameron tells Europeans
Making a success of globalization is a key challenge for business leaders and politicians in Europe.
UK Prime Minister David Cameron said at the World...