Union leaders are against Boeing 777X contract in Washington
Boeing machinists have to decide whether they will concede some health care and pension benefits and accept a contract to secure the assembly of the Boeing 777X...
UK house prices increased by 8.4 percent in 2013
UK house prices increased by 8.4 percent in 2013, according to new information from Nationwide - the largest building society in Britain.
The increase translates...
FIAT to buy rest of Chrysler
Italian car company FIAT, which already owns a majority stake in the American automobile maker Chrysler, says it plans to buy the remaining 41%....
American share of global research spending falls
American share of worldwide research spending fell to 45% in 2012, from 51% in 2007, while Japan’s and China’s grew, researchers from the University...
US jobs recovery may be impeded by debt issues in Washington
Hiring will continue in 2014, but cautiously, according to CareerBuilder’s Annual Job Forecast.
The forecasters added that debt issues among US lawmakers may continue to...
Latvia joins the Eurozone
On January 1st Latvia, a former Soviet republic and the European Union’s fastest-growing economy, became the 18th member of the Eurozone.
The euro was born...
World temperature to rise 4°C by the end of this century
By the end of this century world temperature will increase by at least 4°C if current CO2 emissions are not reduced.
The findings come from a...
Google robots and Amazon drones wrestle for future of parcel delivery
As Amazon announces the launch of its "parcel drone" Prime Air project, and Google pitches in with the concept of driverless cars and robots,...
US Consumer Confidence Index rebounded in December
After slipping in November to 72, the US Consumer Confidence Index improved in December to 78.1 (1985=100), says the Conference Board.
The Expectations Index rose...
US home prices rise 13.6% in one year
US home prices rose 13.6% in October 2013 in twenty cities compared to October 2012.
This represents the highest increase in over 7 years,...