Washington Post sold to Amazon.com founder
Jeffrey P. Bezos, founder and chief executive of Amazon.com has agreed to buy the Washington Post from the Graham family.
The Washington Post, which was...
Companies benefit from a flexible wage system
A group of researchers have analyzed the effects that decentralized wage negotiations have on companies in the private sector.
There’s been a growing trend of...
Japan needs to reduce debt mountain, says IMF
Japan needs fundamental reforms and a credible plan to reduce its debt mountain, says the Executive Board of the IMF (International Monetary Fund).
The IMF...
ITC Apple import ban overturned
The Obama administration has overturned a ban on older models of iPhones and iPads being sold in the USA.
This is despite the ITC (International...
Newsweek bought out by IBT Media
Newsweek has been bought out by IBT Media from IAC/InterActiveCorp (IACI). IBT believes that it is capable of making the brand very profitable. IBT Media...
Dell shares increase by 5.5 percent following buyout offer
Dell shares have increased by 5.5 percent to $13.68 per share, following a buyout offer from founder of company, Michael Dell.
Mr Dell is attempting...
Boston Globe sold for just $70m
The Boston Globe has been sold by The New York Times for just $70m, a fraction of the $1.1bn it paid for the newspaper...
Jobless rate drops to 7.4%, USA
The American economy added 162,000 jobs in July, bringing the jobless rate down to 7.4%. In July 2012, 8.2% of U.S. adults were jobless.
Economists...
Most Americans are not optimistic about their financial position in the next six months
The majority of Americans believe that their household’s financial position will not improve in the next six months.
Most Americans aren’t that optimistic about the...
Middle aged were hit hardest by the ‘Great Recession’
According to a recent analysis conducted at the UCLA Center for Health Policy Research, middle-aged adults were hit hardest by the ‘Great Recession’, which...