News

IAC Reports Higher Net Income and Revenue Thanks to Website Growth

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IAC/Interactive Corp reported higher net income and revenue this year following significant growth in the company’s websites, such as About.com and Ask.com. IAC's second quarter...
Unemployment

Employment Managers Often Overlook Situational Influences on Performance

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A new study, published in the journal PLoS One, reveals that employment managers often rely too much on generic performance measures when hiring people...
JPMorgan record settlement

JPMorgan Agrees to Pay $410m to Settle Power Probe

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JPMorgan Chase has agreed to pay $410 million to settle charges from the Federal Energy Regulatory Commission (FERC) that it manipulated energy markets in...
October pending home sales

House prices rose sharply in May, USA

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House prices rose more steeply in May than in any month since March 2006, according to S&P/Case-Shiller Home Price Indices, released by S&P Dow...
chinese flag

Chinese Local Government Debt Audit Ordered

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The Chinese government has ordered an urgent audit of all debts in its local governments. There is concern that the country’s economic slowdown may...
BMW profits

BMW Launches Its First Completely Electric Car the I3

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BMW has just launched its all new BMW i3, a small electric car specifically designed to solve urban congestion problems in cities such as...

Why legendary brands such as the Titanic will always have consumer appeal

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Legendary brands such as the Titanic depend on two factors: clarity and imprecision.  This becomes evident when evaluating the impact that the calamity of the...
US economy grew

Consumer Choice Really Does Help Sales

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Consumers with just one choice are more likely to seek out alternatives, researchers from Tulane University reported in the Journal of Consumer Research. Author Daniel...
Dollar

Expedia Performs Poorly in Second Quarter Sales

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Expedia Inc - the largest online travel company in the world - has failed to reach its second quarter sales and profit estimates. The company...
facebook revenue

Facebook is changing how we talk about brands

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Facebook and other communication channels are changing how people talk about products and brands. Word-of-mouth tends to be spontaneous while the written word is more...