Category: Business » General Business
Facebook's 'Hacker Way' Described In Public Offering Filing
1 Feb 21:48 | Business
Facebook has made a regulatory filing for an initial public offering of stock, with CEO Mark Zuckerberg inserting a letter to potential investors describing the company's "Hacker Way" of doing business. read more »
Online Labor Demand Rises 61,300 in January: Conference Board
1 Feb 12:17 | Business
Online advertised vacancies rose 61,300 in January to 4,383,400, according to The Conference Board Help Wanted OnLine (HWOL) Data Series.read more »
Conference Board Consumer Confidence Index Decreases Slightly
31 Jan 11:45 | Business
The Conference Board Consumer Confidence Index, which had increased in December, retreated in January. read more »
U.S. Consumers Paid Down Debt On Time In 2011, Says Equifax
30 Jan 12:32 | Business
U.S. consumers were much more diligent in paying against their debts in 2011, resulting in significant declines in delinquency rates among the majority of tracked lending sectors in Equifax's December National Credit Trends Report.read more »
Can The Economy Bear What Oil Prices Have In Store?
27 Jan 13:09 | USA News
Scientists say people should stop wrangling over global warming and instead reduce fossil-fuel use for the sake of the global economy.read more »
Annual Gross Domestic Product Up 2.8 Percent In Advance Estimate
27 Jan 12:44 | Business
Real gross domestic product, which measures output of goods and services produced by labor and property located in the United States, increased at an annual rate of 2.8 percent in the fourth quarter of 2011 according to the "advance" estimate released by the Bureau of Economic Analysis. read more »
How the Big Three forgot Accounting 101
27 Jan 12:32 | Business
The Big Three were so driven by short-term profits that they forgot – or ignored – basic accounting practices that could have helped guard against production decisions with long-term damage, according to an award-winning study.read more »
Banks More Likely To Act On Common Information: Study
26 Jan 12:42 | Business
A new study has found lenders to distressed firms have strong incentives to coordinate their actions. read more »
Foreign Direct Investment Increased In 2011 Despite Global Economic Turmoil
25 Jan 12:37 | Business
In spite of the economic turmoil that shook countries last year, global foreign direct investment (FDI) rose by 17 per cent, according to a new report, which predicts it will continue to increase this year but warns of the risks posed by the frail economic climate.read more »
World Needs 600 Million Jobs For Economic Growth Over Next Decade: Report
24 Jan 12:15 | Business
The world needs to create 600 million new jobs over the next decade to sustain economic growth and maintain social stability, the International Labour Organization (ILO) said in its annual report on global employment.read more »
U.S. Oil Output To Grow 20 Percent In Next Decade: EIA
23 Jan 2012 | USA News
The Annual Energy Outlook 2012 released today by the U.S. Energy Information Administration (EIA) says domestic crude oil production is expected to grow by more than 20 percent over the coming decade.read more »
U.S. Venture Investment Rose 10% in 2011
20 Jan 2012 | Business
Venture capital investment slowed in the fourth quarter of 2011 as investors put $7.4 billion into 803 deals for U.S.-based venture companies, a decline in both capital invested and deal activity from the third quarter, according to Dow Jones VentureSource.read more »
Press Release - Comcast SportsNet To Present Expanded Ravens Coverage Surrounding AFC Championship Game
18 Jan 2012 | Sports
Unhappy At Work? The Boss May Be To Blame
18 Jan 2012 | Business
If you are unhappy at work, it could be partly due to your boss' management style, according to a new study by Dr. Nicolas Gillet, from the Université François Rabelais in Tours in France and his team. read more »
European Debt Crisis And High Unemployment Threaten To Slow Global Economy
18 Jan 2012 | World
Countries throughout the world will experience an economic slowdown this year as the sovereign debt crisis in Europe continues to unfold, according to a new report that also warns that governments must urgently address high unemployment rates, particularly among youth. read more »
OPEC Pumps 30.83 Million Barrels of Crude Oil Per Day in December
16 Jan 2012 | World
The Organization of the Petroleum Exporting Countries' (OPEC) crude oil output averaged 30.83 million barrels per day (b/d) in December, up 230,000 b/d from estimated November output of 30.6 million b/d, a just-released Platts survey of OPEC and oil industry officials and analysts showed.read more »
U.S. Exports More Than $175 Billion in November
15 Jan 2012 | Business
The United States exported $177.8 billion in goods and services in November, 2011, according to data released by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.read more »
Five Eurozone Nations to Be Downgraded by S&P
13 Jan 2012 | Business
Reports Friday said Standard & Poor's is moving to downgrade the AAA credit ratings of five European nations by at least one notch.read more »
Press Release - Comcast SportsNet To Deliver Expanded Coverage Surrounding Ravens’ AFC Divisional Playoff Game On Sunday, Jan. 15
11 Jan 2012 | Sports
Comcast SportsNet Mid-Atlantic, the official sports network of the Baltimore Ravens and the region's leading source for multiplatform sports coverage, announced it will provide comprehensive pre-game and post-game coverage of the Ravens' AFC divisional round playoff game against the Houston Texans on Sunday, Jan. 15, with special editions of Ravens Kickoff and Ravens Postgame Live.read more »
Hostess Brands Commences Reorganization Proceedings
11 Jan 2012 | Business
Hostess Brands, Inc. has announced that the Company and its five subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.read more »
S&P Capital IQ Issues Twelve Internet Predictions for 2012
11 Jan 2012 | Business
Calling the Internet one of the most dynamic, interesting, and seemingly unpredictable areas within global economies and markets, the technology equity analysts at S&P Capital IQ have once again published their Internet predictions for the next twelve months. read more »
U.S. Home Values Unchanged in November
10 Jan 2012 | Business
Home values in the United States were essentially unchanged in November, decreasing a marginal 0.1 percent from October, according to this month's Zillow Real Estate Market Reports.read more »
Investment Risk Tolerance Affected by Age, Economic Climate, MU Study Shows
9 Jan 2012 | Business
Researchers at the University of Missouri have concluded that attitudes toward investment risk-taking is influenced by the age of the investor and the economic climate of the time period. read more »
Jonathan Kraft Interview on PFW TV
6 Jan 2012 | Sports
Patriots President Jonathan Kraft sits down for an interview with Patriots Football Weekly's Publisher and Editor-in-Chief, Fred Kirsch for an interview on PFW TV on Comcast SportNet on Thursday, January 5, 2011.read more »
Jonathan Kraft Interview on PFW TV
6 Jan 2012 | Sports
Patriots President Jonathan Kraft sits down for an interview with Patriots Football Weekly's Publisher and Editor-in-Chief, Fred Kirsch for an interview on PFW TV on Comcast SportNet on Thursday, January 5, 2012.read more »
Report Provides Roadmap For Strengthening U.S. Competitiveness
6 Jan 2012 | Business
The U.S Department of Commerce has delivered to Congress a comprehensive report on “The Competitiveness and Innovative Capacity of the United States” which it says serves as a call to arms, highlighting bipartisan priorities to sustain and promote American innovation and economic competitiveness. read more »
Jobs Growth Could Slow in First Quarter
6 Jan 2012 | Business
Despite a strong showing by private sector employers in December, first-quarter jobs growth is expected to slow somewhat and could even deteriorate, analysts said Friday.read more »
Online Labor Demand Rises 93,800 in December
4 Jan 2012 | Business
Online advertised vacancies rose 93,800 in December to 3,951,000, according to The Conference Board Help Wanted OnLine (HWOL) Data Series released today. read more »
Stocks Climb on Wall Street Amid Positive Reports
3 Jan 2012 | Business
Stocks on Wall Street climbed dramatically on the first day of the new year amid better-than-expected reports on manufacturing and construction.read more »
Amazon.com Announces “Best of 2011” Lists
1 Jan 2012 | Business
Amazon.com, Inc. has released its "Best of 2011" lists, which include the best-selling, most wished for, most gifted, and most loved products as determined by Amazon.com customers in 2011.read more »
U.S. Online Holiday Spending Tops $35.3 Billion
28 Dec 2011 | Business
comScore says holiday season retail e-commerce spending for the first 56 days of the November – December 2011 holiday season hit $35.3 billion, marking a 15-percent increase versus the corresponding days last year.read more »
Conference Board Consumer Confidence Index Increases Nearly 10 Points
27 Dec 2011 | Business
The Conference Board Consumer Confidence Index has built on an improvement in November and increased further in December. read more »
Conference Board Leading Economic Index for the U.S. Increases
22 Dec 2011 | Business
The Conference Board Leading Economic Index (LEI) for the U.S. increased 0.5 percent in November to 118.0 (2004 = 100), following a 0.9 percent increase in October, and a 0.1 percent increase in September.read more »
Obesity A Side Effect Of Free Market Policies: Study
21 Dec 2011 | Business
New research from the University of Michigan suggests obesity can be seen as one of the unintended side effects of free market policies.read more »
China's Oil Demand Rises by 2.6% in November
21 Dec 2011 | Business
China's apparent oil demand in November rose 2.6% year on year to 39.08 million metric tons (mt) or 9.54 million barrels per day (b/d) – the second-highest daily rate recorded this year, according to a just-released Platts analysis of statistics released by the government.read more »
Report: Each Chevy Volt Cost Taxpayers $250,000
21 Dec 2011 | USA News
A new analysis found that each Chevrolet Volt that has been sold thus far has cost state and federal taxpayers about a quarter of a million dollars each.read more »
Former Longtime Bernie Madoff Employee Charged With Fraud
20 Dec 2011 | Business
The Securities and Exchange Commission has charged a longtime Bernie Madoff employee with falsifying books and records in order to hide Madoff’s fraudulent investment advisory operations from regulators.read more »
Americans' Financial Security Rebounds to Highest Level Since June
19 Dec 2011 | Business
Americans' feelings of financial security are at their highest level in six months, according to Bankrate.com's December Financial Security Index. read more »
SEC Charges Former Fannie Mae And Freddie Mac Executives With Fraud
16 Dec 2011 | Business
The Securities and Exchange Commission has charged six former top executives of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) with securities fraud, alleging they knew and approved of misleading statements claiming the companies had minimal holdings of higher-risk mortgage loans, including subprime loans. read more »
Expect Continued Market Volatility and Modest Returns in 2012: BofA
15 Dec 2011 | Business
Investors should expect another turbulent year of market volatility during 2012 from a mix of heightened policy risk, political uncertainty, low growth and low interest rates, all of which will translate into modest investment returns, according to BofA Merrill Lynch Global Research’s 2012 Year Ahead Outlook.read more »
U.S. Economy Showing Growth, But Vulnerabilities Remain: TD Economics
14 Dec 2011 | Business
Despite encouraging signs of progress over the last few months, the U.S. economic recovery remains vulnerable, according to a report released by TD Economics, an affiliate of TD Bank.read more »
Consumers Overestimate What Others Will Pay For Goods
13 Dec 2011 | Business
Compared to what they would pay themselves, most consumers overestimate what others are willing to pay for products, according to a new study in the Journal of Consumer Research. And that holds true for a large range of items, both real and imaginary.read more »
U.S. Home Values Continued Fall in October
13 Dec 2011 | Business
Home values in the United States continued their decline in October 2011, falling 0.3 percent from September, according to this month's Zillow Real Estate Market Reports. read more »
Call Of Duty: Modern Warfare 3 Hits $1 Billion Milestone in Just 16 Days
12 Dec 2011 | Entertainment
Activision Publishing says Call of Duty: Modern Warfare 3 crossed the $1 billion mark in sales since its launch on November 8, 2011, according to Charttrack and retail customer sell-through information. read more »
SEC Charges GlaxoSmithKline Subsidiary and Former CEO With Fraud
12 Dec 2011 | Business
The Securities and Exchange Commission has charged a subsidiary of pharmaceutical company GlaxoSmithKline and the subsidiary’s former chairman and CEO with defrauding employees and other shareholders in the company’s stock plan by buying back their stock at severely undervalued prices.read more »
Small Online Sellers Saw Growth During Cyber Week Says Firm
9 Dec 2011 | Business
Small business accounting provider Outright says it has found that sole proprietors are keeping up with the big box retailers this holiday season. read more »
U.S. Exports Hit Nearly $180 Billion in October
9 Dec 2011 | Business
The United States exported $179.2 billion in goods and services in October 2011, according to data released by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.read more »
Developing Nations Risk Falling Behind Due To Global Economic Crisis
8 Dec 2011 | World
Two United Nations officials have called for developed countries to fulfil their aid pledges for developing countries, stressing that without aid, they run the risk of falling behind as the global economic crisis spreads to their nations.read more »
Wachovia Bank N.A. Admits to Anticompetitive Conduct
8 Dec 2011 | Business
Wachovia Bank N.A., which is now known as Wells Fargo Bank N.A., has entered into an agreement with the Department of Justice to resolve the company’s role in anticompetitive activity in the municipal bond investments market and has agreed to pay a total of $148 million in restitution, penalties and disgorgement to federal and state agencies, the Department of Justice announced today.read more »
Carbon Dioxide Emissions Rebound Quickly After Global Financial Crisis
6 Dec 2011 | Business
The sharp decrease in global carbon dioxide emissions attributed to the worldwide financial crisis in 2009 quickly rebounded in 2010, according to research supported by the Carbon Dioxide Information Analysis Center at the Department of Energy's Oak Ridge National Laboratory. read more »
