In what was a surprise to economists hoping that at least the housing market was getting out of the doldrums, new housing starts plummeted in June from what was a two-year high the previous month. The market for new homes fell by 8.4 percent to an annual rate of 350,000, the lowest since this past… Continue Reading
The manufacturer of iPhones and Mac computers, Apple Inc dismayed Wall Street investors on Tuesday when shares in the exceedingly stable and world’s leading technology company fell over 5 percent of their value, the second quarterly fall in under one year. The disheartening results show that even the usually rock-solid Apple brand is becoming vulnerable… Continue Reading
The tech world is progressively becoming one of the most important sectors in today’s business world. Though there is no obvious reason, women have been relatively slow about breaking into the market. Marissa Mayer, the new CEO of Yahoo!, recently spoke up about being a (fashion-loving, six-months-pregnant) woman in the tech industry. “There’s all kinds… Continue Reading
Patagonia founder Yvon Chouinard says, “Every time we’ve made a decision to do the right thing it ended up being good business.” In 2011 Patagonia posted $500 million in sales. The Ventura, California-based outdoor apparel company has grown close to 30% for the past two years running while simultaneously setting the highest possible standards for… Continue Reading
Would you like to start a business but don’t have much money to risk at something new? Here are some inexpensive ways to become an entrepreneur which could lead to a well-established and profitable business venture. 1. Pooper Scooper: Yes, people love their pets, but they don’t always love taking care of them, especially when… Continue Reading
The past few years have seen their fair share of crises, as global economies grapples with the ongoing Eurozone debt, inflation and recession. Crisis management has become an invaluable skill, especially for crises based in social media, and there is much to be learned from those with experience in the field. Here are eight crisis… Continue Reading
In the one bright spot in an otherwise gloomy economy, housing starts as well as resale of homes has been climbing at its fastest pace in almost three years. According to the Commerce Department, groundbreaking on new homes jumped 6.9 percent in June, to a seasonally adjusted rate of 760,000 new units. That is the… Continue Reading
Former Greek finance minister and head of the Socialist party Evangelos Venizelos said on Tuesday that it will be “almost impossible” for Greece to cut back spending by €11.5 billion ($14.1 billion) over the coming two years, the amount its rescue creditors demanded as part of the bailout deal. Venizelos made his statement in a… Continue Reading
Like fresh meat thrown to a pack of wolves, Obama’s comments about the relationship between government and business has inspired prominent business organizations, conservatives and the Republican candidate for president, Mitt Romney, to react in the strongest way to Obama’s remarks. Obama was speaking in Roanoke, Virginia to a group of supporters when he stated… Continue Reading
GlobeImmune, Inc is a biopharmaceutical company which recently filed with the SEC to go public, but have still not begun trading. The company was founded in 1995 as Ceres Pharmaceutical and changed its name to GlobeImmune in 2001. GlobeImmune has the ambitious goal of ending disease all over the world. At the moment GlobeImmune is… Continue Reading