March 4, 2010
Forty-two students from the Thunderbird School of Global Management were in Chile Saturday during the 8.8 magnitude earthquake that rocked the South American country.
The Glendale graduate business school said the students as well as a professor and staff member survived the quake without injury.
The students, in the capital city of Santiago for a one-week class, […]
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money
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February 19, 2010
Crude oil advanced Wednesday, extending the previous session’s 4% gain, as investors continued their bid for riskier assets.
What prices are doing: Crude oil for March delivery rose 33 cents, or 0.4%, to settle at $77.33 a barrel Wednesday.
Oil surged 3.8% Tuesday to settle at $77.01 a barrel. Prices tracked rising stocks and were […]
marketing
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February 16, 2010
Stocks rallied Thursday after the European Union’s promise to help debt-ridden Greece eased worries that a default might hurt global markets.
The Dow Jones industrial average (INDU) rose 106 points, or 1%. The S&P 500 index (SPX) gained 10 points, or 1.4% and the Nasdaq composite (COMP) added 29 points, or 1.4%.
Stocks slid in the […]
economics
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January 28, 2010
Financial and energy stocks helped push the Toronto stock market slightly higher Monday.
The rise followed a three-session losing streak brought on by Chinese moves to slow bank lending, proposals to curb risk-taking by U.S. banks and doubt over whether U.S. Federal Reserve chairman Ben Bernanke would be appointed to another term.
The S&P/TSX composite index rose […]
marketing
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January 17, 2010
Almost 3 million homeowners received at least one foreclosure filing during 2009, setting a new record for the number of people falling behind on their mortgage payments.
RealtyTrac, the online marketer of foreclosed homes, reported that one in 45 households — or 2,824,674 properties nationwide — were in default last year. That’s 21% more […]
news
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January 10, 2010
The nascent recovery in the world’s developed economies is at risk from rising joblessness, weak banks and high oil prices, said Angel Gurria, Secretary General of the Organization for Economic Cooperation and Development.
Bank lending in Europe and the U.S. is still slower than usual and economic acceleration “still seems weak, fragile,” Gurria said. […]
finance
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December 23, 2009
Retailers are counting on time-crunched shoppers to swarm stores on "Super Saturday," but a heavy winter storm threatened to strand them at home on the final weekend before Christmas.
A snowstorm blanketed the U.S. East Coast early on Saturday, with storm warnings in effect from North Carolina in the south to southern New England. […]
management
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December 3, 2009
The state of Kentucky has begun accepting applications for an emergency extension of unemployment benefits.
President Obama signed the benefits extension into law on Nov. 6. It can provide as much as 14 additional weeks of federally funded benefits to unemployed Kentuckians who have exhausted their 26 weeks of state benefits and all other federally funded […]
economics
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November 27, 2009
Economic growth was weaker in the third quarter than originally reported, according to government data released Tuesday.
The gross domestic product, the broadest measure of the nation’s economic activity, rose at an annual rate of 2.8% in the three months ending in September, according to the Commerce Department’s first revision of the reading. The initial […]
economics
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November 22, 2009
Malaysia’s economy shrank the least in three quarters as government stimulus boosted consumption and the global recession eased, strengthening an Asian recovery.
Gross domestic product contracted 1.2 percent in the third quarter from a year earlier, after declining 3.9 percent in the previous three months, the central bank said in Kuala Lumpur yesterday. That […]
online
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