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Archive for 'money'

HK protesters demand D&G apologize for photo ban

January 15, 2012

People infuriated by what they call a discriminatory ban on photography by one of Italian fashion label Dolce & Gabbana’s Hong Kong outlets have protested outside the store.
Several dozen people gathered outside the shop Sunday afternoon. They yelled for the company to apologize after news reports earlier this month said sales staff were preventing Hong […]

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business, money - Comments closed

China Gets Cheaper Iran Oil as U.S. Picks Up Tab for Hormuz Strait Patrols - Bloomberg

January 12, 2012

China stands to be the biggest beneficiary of U.S. and European plans for sanctions on Iran

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money, stocks - Comments closed

Facebook seeks world champion hacker

January 6, 2012

Think your programming skills are world class? Facebook wants you to prove it at its second annual Hacker Cup challenge.
"Hacking is core to how we build at Facebook," the company said in a blog post announcing this year’s competition. "Whether we’re building a prototype for a major product like Timeline at a Hackathon, […]

lenders, money - Comments closed

South Korea

January 3, 2012

South Korea

Uncategorized, money - Comments closed

St. Louis needs to reboot economic development efforts

December 18, 2011

For the St. Louis economy, this year looked a lot like the previous 20 or 30, and it’s a rut we really need to get out of.
Job growth lagged the nation. Well-known local companies succumbed to takeovers, without enough new businesses to take their place. Officials argued about strategy while failing to address the region’s […]

money, technology - Comments closed

Citigroup to cut 4,500 jobs over next few quarters

December 7, 2011

Citigroup says it is cutting 4,500 jobs over the next few quarters.
CEO Vikram Pandit said the job cuts are part of the New York bank’s efforts to reduce costs. Pandit made the remarks Tuesday at a financial services conference hosted by Goldman Sachs & Co.
Citigroup Inc.’s fourth-quarter results will include $400 million in expenses related […]

money, term - Comments closed

Mount Vernon company plans $13 million expansion

November 19, 2011

A maker of coal-mining equipment says it is investing more than $13 million to expand a southern Illinois plant, creating or retaining 150 jobs.
Magnum Steel Works Inc. said Friday the investment will be made over four years to nearly quadruple the size of the Mount Vernon factory to 128,000 square feet.
The company says 52 of […]

management, money - Comments closed

Asia stocks gain as Europe, China shore up banks

October 11, 2011

Asian stocks surged Tuesday after a pledge by European leaders to protect the region’s banks against a continent-wide debt crisis and Beijing’s move to buy the shares of major Chinese lenders.
Oil prices hovered above $85 a barrel in Asia, while the dollar strengthened against the euro and the yen.
Hong Kong’s Hang Seng shot up 3 […]

money, technology - Comments closed

TSX, commodity prices up sharply on pledges to resolve European debt crisis

September 28, 2011

TORONTO

finance, money - Comments closed

Dow rises as bargain hunters snap up stocks

August 10, 2011

Bargain hunters helped push the Dow back above 11,000 Tuesday.
The Dow Jones industrial average rose 196 points, or 1.8 percent, to 11,005 in midday trading. On Monday, the Dow had its worst day since 2008, plunging 634.76 points as fear coursed through global markets.
“We’ve got no information that makes us feel any better or worse” […]

legal, money - Comments closed