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King Says BOE Can Increase Bond Purchases If Needed to Meet Inflation Goal - Bloomberg

January 25, 2012

Bank of England Governor Mervyn King said slower inflation gives policy makers room to increase bond purchases to aid the U.K. economy and guard against a

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Uncategorized, marketing - Comments closed

RIM won

January 23, 2012

The new man at the top of struggling Research In Motion Ltd. says his priority is to reinvigorate marketing and restore growth in the U.S., adding that he has no intention of allowing the iconic BlackBerry maker to be broken apart and sold in pieces.

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finance, lenders - Comments closed

Retail group predicts 3.4 percent growth for 2012

January 17, 2012

NEW YORK • The nation’s largest retail trade group expects a solid 3.4 percent increase in sales this year, below last year’s 4.7 percent increase as job woes weigh on shoppers.
Sales should reach $2.53 trillion this year, up from last year’s $2.45 trillion, boosted in part by higher prices across all goods, according to a […]

legal, news - Comments closed

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 […]

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

money, stocks - Comments closed

Geist: Are Canada

January 9, 2012

One of the first Canadian digital-era laws was the Uniform Electronic Commerce Act, a model law created by the Uniform Law Conference of Canada in the late 1990s. The ULCC brings together officials from federal, provincial, and territorial governments to work on model laws that can be implemented in a similar manner across all Canadian […]

mortgage, news - 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

Italy Sells 7 Billion Euros of Bonds as Yields Fall - Bloomberg

December 30, 2011

Italy auctioned 7 billion euros ($9 billion) of debt to bring the total raised this week to almost 20 billion euros, underscoring how the European Central Bank is helping the world

legal, mortgage - Comments closed

Morgan Stanley to cut 580 jobs in New York

December 28, 2011

Of the 1,600 job cuts announced earlier this month by Morgan Stanley, 580 will be at its home base in New York.
The relentless tug of the dismal economy is hitting employees in the banking sector hard, and it’s no surprise that many of the job cuts are hitting the epicenter of the financial industry. Citigroup, […]

economics, online - Comments closed

More Americans to travel over the holidays

December 20, 2011

Despite continued worries about the economy, more Americans are expected to hit the highway this holiday season.
Travel group AAA said Wednesday it expects 91.9 million Americans — about 30% of the population — is expected to travel at least 50 miles from home during the 11-day year-end holiday season. That’s up 1.4% from a […]

technology, term - Comments closed