Markets

Aug01, 2014

July Job Growth Slows Down: Unemployment Rate at 6.2 Percent

U.S. job growth in July was slower than expected, and the unemployment rate unexpectedly increased to 6.2 percent. According to Reuters, 209,000 jobs were added to the market last month, followed by 298,000 in June. Even though July growth was slower…
Aug01, 2014

Unemployment Claims Drop to Eight-Year Low

According to a report from Bloomberg, over the past month, the number of Americans filing for unemployment benefits has declined, reaching an all-time low in eight years. This trend may indicate that the job market is picking up speed as…
Jul30, 2014

U.S. Economy Grows 4 Percent in Second Quarter

After a harsh winter, the United States economy grew 4 percent in its second quarter, April to June, the Commerce Department said Wednesday, July 30. Read also: Unemployment Rate Decreases to 6.1 Percent According to the Associated Press, the growth…
Jun24, 2014

GeckoTek 3D Printer Innovation Meets Kickstarter Goal in One Day

GeckoTek, a Cincinnati-based startup company, has innovated an integral part for 3D printers that had yet to be perfected. GeckoTek presents the first build plate with “a permanent coating that is scientifically developed for 3D printing,” according to their Kickstarter…
Jun21, 2014

Increase in Commercial Drone Use Creates Market for Anti-Drone Technology

Amazon Inc. CEO Jeff Bezos announced on “60 Minutes,” in December, 2013, that the global electronic commerce company is working toward using unmanned drones to deliver packages directly to customers’ homes. For most Americans, this was the introduction to the…
Jun20, 2014

FedEx Cost Reductions Pay off by Gearing Away from Express Shipping

FedEx Corp. finishes the fiscal year strong with profits earned from an initiative to cut spending set forth in October 2012. FedEx stock rose 6.2 percent to reach an all-time high of $148.95 on the New York Stock Exchange. FedEx’s…
Jun20, 2014

American Apparel CEO Dov Charney Canned for Sexual Assault — Company Struggles with Debt

American Apparel Inc.’s board of directors moved to fire founder, President and CEO Dov Charney for an “ongoing investigation into alleged misconduct.” Charney inappropriately discussed his personal sex life in the work place, and he was even known to stroll…
Jun16, 2014

Federal Workers Wage : $10.10 is Not Enough

Back in January of this year, federal contract workers and congressional Democrats supported President’s Obama’s decision to impose a $10.10 minimum wage floor that would affect many workers under future government contracts. Later this week, a slew of workers will…
Jun03, 2014

Mattel Introduces Chinese Celebrity Barbie

Bloomberg’s Rosalind Chin has reported that Mattel Inc., the world’s largest toy company, is releasing a new Chinese Celebrity Barbie doll. This product aims to help in expanding the brand within the Chinese market. This Mon., Jun. 2, Chin spoke…
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