Most interesting finance and busines news.
It looks like the J.C. Penney catalog outlet store at Jamestown Mall may not be doomed after all, though everyone is being very hush-hush about it for now.
Sales associates said they have been told that plans are in the works for the store to be bought by another company, which would run the store by […]
McDonald’s is fueling its trucks in the United Arab Emirates with oil from its own vats.
Dubai-based Neutral Fuels announced Sunday that it had reached a deal to convert used vegetable oil from McDonald’s outlets in the UAE into 100 percent biodiesel to power the fast food giant’s delivery trucks across the Gulf country.
It started testing […]
OTTAWA—Canada’s annual inflation rate jumped to the highest level in eight years last month, rising to 3.7 per cent as big increases in gasoline prices pushed the index to a new post-recession peak.
On a month-to-month basis, consumer prices rose by a significant 0.7 per cent in May from where they were in April, Statistics Canada […]
Ousting Moammar Gadhafi is the best way to protect Libya’s civilians, U.S. Secretary of State Hillary Rodham Clinton declared Thursday as diplomats met in Rome on how to support rebels fighting the Libyan leader.
“We have made it abundantly clear that the best way to protect civilians is for Gadhafi to cease his ruthless, brutal attack […]
Filed under: management, news by Guru
Comments Off
South Korea’s industrial production expanded at the slowest pace in six months in March, a moderation that may fail to deter the central bank from raising interest rates next month.
Output climbed 8.7 percent from a year earlier after gaining a revised 9.2 percent in February, Statistics Korea said today. The median estimate of 14 […]
Ireland’s government prepared for a whopping defeat and the country for more uncertainty as angry voters turned out Friday for a historic election triggered by the humiliating collapse of the “Celtic Tiger” economy.
The opposition Fine Gael party has enjoyed a wide lead during a campaign dominated by debate over how to rebuild an economy brought […]
Filed under: management, news by Guru
Comments Off
Stocks reversed earlier losses and edged higher in afternoon trading Thursday, as investors weighed an unexpected jump in jobless claims against a strong manufacturing report.
The Labor Department said Thursday that the number of people filing for unemployment benefits rose 25,000 from the previous week. That was more than economists expected.
The Federal Reserve Bank of Philadelphia […]
On the game show “Let’s Make a Deal,” the right decision could mean a nice vacation, a chunk of cash or, ta-dum, a goofy gag
Filed under: news, technology by Guru
Comments Off
UPS says its fourth-quarter net income jumped 48 percent as shipments grew across the globe during the critical holiday season.
The world’s largest shipping company said business was particularly strong in China and Germany, two countries that rely heavily on exports.
UPS expects 2011 earnings to rise between 16 and 22 percent, topping the pre-recession levels of […]
Filed under: management, news by Guru
Comments Off