News

Argentine peso nosedives

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The Argentine peso fell 11% against the US dollar on Thursday, its largest one-day drop in twelve years, i.e. since the country's 2002 financial...
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McDonald’s global sales fall 0.1% in Q4 2013

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McDonald's says its overall global sales dropped 0.1% during the fourth quarter of 2013, but it still plans to open 1,600 new restaurants this...
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New car sales forecast 2014, US

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New car sales are expected to increase by 1.6 in January, 2014, compared to January 2013, with a total of 1.06 million units sold,...

The BRICS countries are still a force

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Have the BRICS countries had their day? Their leaders say they should not be counted out, even though they have been negatively affected to varying...
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Lockheed Martin Q4 2013 sales fall

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Lockheed Martin, the US government’s and the world’s largest military contractor, reported a drop in sales in the fourth quarter of 2013 to $11.5...

December existing home sales up, US

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December existing home sales rose by 1% to a seasonally adjusted yearly rate of 4.87 million, says the National Association of Realtors (NAR). Sales for...

Netflix has 44 million subscribers

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Netflix Inc. announced that it now has 44 million members and expects to end this quarter with 48 million. Netflix provides streaming videos and...

25% of IT workers plan to change jobs this year

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One quarter of all IT workers plan to change jobs this year, according to a new survey issued jointly by CareerBuilder.com and Sologig.com. This...
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Europe must do more for economic recovery, big business urges

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Although break-up speculation has lessened, stock prices have risen and credit spreads have narrowed, Europe must do more to encourage the economic recovery, say...
jobs

39% of US unemployed are long term jobless

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In the wake of the 2008 financial crisis, 39% of US unemployed people have been out of work for at least six months, more...