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...
Employee bonuses to help others help team performance
Employee satisfaction and work productivity increases when bonuses are shifted from self to others, such as charities or co-workers, a research team at Fuqua...
Boom and bust drivers may be all in the mind
Do traders have instinctive biological mechanisms that drive them to predict how others behave, creating financial bubbles that lead to boom and bust? Researchers...
Fed stimulus package remains intact
The Federal Reserve surprised everybody by deciding to keep the $85 billion monthly Fed stimulus package intact.
U.S. stocks responded by reaching a record high...
Ethical marketing claims work best for tangible products
When ethical marketing claims are made for products that consumers can touch they are more likely to buy the product, according to a study...
Solar manufacturing costs driven by production scale, not labor costs
A new study by MIT (Massachusetts Institute of Technology) and NREL (Energy Department’s National Renewable Energy Laboratory) has shown that solar manufacturing costs are...
Starbucks asks customers not to bring guns into their cafes
Starbucks has just issued a statement respectfully asking customers not to bring firearms into their cafes.
This comes as quite a shock to many, especially...
Novartis eye care unit Alcon accused of bribery in China
Swiss pharmaceutical giant Novartis AG says its eye care unit, Alcon, is accused of bribing doctors in more than 200 hospitals in China. The...
U.S. decrease in consumer credit defaults
There has been a decrease in consumer credit defaults in the USA, according to data released by the S&P Dow Jones Indices and Experian...