New iPhone sales top 9 million in three days
Apple Inc. says it has sold 9 million new iPhone 5s and iPhone 5c models within just three days of their launch (September 20th)...
Governments increasing agricultural support, says OECD study
There is increasing government agricultural support in major farming nations. Government support rose in 2012 following a downward trend and historic lows in 2011.
The...
Harvard University $6.5bn capital campaign
Harvard University has launched a $6.5 billion fundraising campaign, the largest ever fundraising effort in the history of higher education.
According to Harvard University, if...
R&D spending in America is increasing – NSF report reveals
Businesses spent more on research and development (R&D) in 2011 compared to 2010, according to a new study carried out by the National Science...
Blackberry to cut 40% of its workforce
Blackberry announced that it will cut 40% of its workforce globally, i.e. 4,500 jobs, in an attempt to reduce its huge losses. Second quarter...
Hedge fund advertising – a means of winning back public trust?
The ban on hedge fund advertising will be lifted. However, will the financial services industry make the most of the opportunity? Hedge funds, which...
Houston is the powerhouse of America today
Having recovered over 201.9% of all jobs lost during the Great Recession, Houston is the powerhouse of America today, according to a new report.
Employment...
India raises repo rate to 7.5% in surprise move
India’s new central bank governor Raghuram Rajan surprised markets today by raising the repo rate - the rate at which the central bank lends...
JP Morgan agrees to pay $920m to regulators
One of the biggest investment banks in the world, JP Morgan Chase, has just admitted to violating US federal securities laws in their "London...
31 percent of Americans are either underemployed or unemployed
An overwhelming 31 percent of Americans describe their current employment situation as being either underemployed or unemployed.
In addition, 34 percent of those who described...