News

Electricity

Reducing electricity bills with people power

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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 Department of Labor

US July job growth slowed

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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...

What are the biggest airlines?

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National and global dominance by air passenger carriers has changed considerably over the last seventy years. For most of the 20th century, PanAm and...

Can Google searches predict stock market crashes?

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A team of researchers have developed a method which shows that certain patterns in Google searches predict stock market crashes. The team, from Boston University...
Narcissus

Do Narcissistic CEOs perform better than others?

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When it comes to financial measures, narcissistic CEOs perform better than others, researchers found in a new study. This “dark side of the executive...

UK June inflation increased to 1.9 percent

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UK June inflation rose to 1.9% (annualized) compared to 1.5% in May, driven by high increases in the prices of non-alcoholic drinks, food, footwear...
Google

Google Q2 revenue climbed 22 percent

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Search engine giant Google Q2 revenue climbed 22 percent to $16 billion from $13.1 billion in Q2 2013, while profits rose by 6% to...
Boeing Logo

Commercial sales boosted Boeing Q2 2014 net profit by 52 percent

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Strong commercial sales boosted Boeing Q2 2014 net profit by 52 percent to $1.653 billion compared to $1.088 in Q2 2013. Revenue rose 1% to...
EU flag

Rate rigging – EU fines 8 institutions €1.71 billion

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The European Commission has imposed fines totaling €1,712,468,000 on eight international financial institutions for taking part in illegal cartels in markets for financial derivative...
businessman and businesswoman handshake with money on desk

What is a Leveraged Buyout (LBO)?

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A leveraged buyout (LBO) occurs when one company acquires another company using borrowed money. For an acquisition to be considered an LBO there has to...