IBM sales drop in third quarter
IBM, the largest technology services company worldwide, reported a 4% fall for the third quarter of 2013.
Amid decline in hardware in emerging markets, experts...
Consumers like their discounts now, not later!
Discounts backfire if the consumer has to wait, researchers from the universities of Columbia and Toronto reported in the Journal of Consumer Research.
Consumers want...
What are the best business schools?
This article paints a picture of the best business schools around the world, according to various different ranking systems.
Business schools are university-level institutions...
New battery lab developed by Ford and UM will speed up development of electric...
Automaker Ford and the University of Michigan cement their 60-year history of collaboration by creating a new kind of battery laboratory that promises to...
2013 Economics Nobel Prize awarded to trio
The Royal Swedish Academy of Sciences has awarded the 2013 Economic Nobel prize to Eugene F. Fama, University of Chicago, IL, Lars Peter Hansen, University...
US default could trigger global recession, warns IMF
A US default could cause a global recession, said Christine Lagarde, Managing Director of the International Monetary Fund.
Lagarde said it would result in "massive...
China exports fall in September 2013
China’s exports fell in September, surprising experts who had generally expected to see a rise.
The General Administration of Customs in China said weak global...
JPMorgan Q3 loss of $380 million
After setting aside $9.2 billion to cover legal expenses, JPMorgan Chase & Co. reported a third quarter loss of $380 million (17 cents per...
Attitude to absenteeism differs around the world
New research finds that employees have different attitudes to absenteeism around the world, and suggests multinational corporations should take local norms into account when...
Fair Value Accounting Probably Did Not Drive the 2008 Financial Crisis, Says RAND Team
A new study from the RAND Corporation, finds that the practice of Fair Value Accounting (FVA) probably did not help drive the 2008 financial...