Federal Reserve Chairman Ben Bernanke said in a pre-recorded speech delivered at the convention of Independent Community Bankers of America that, despite the slow improvement of the US economy, American community banks are developing and getting stronger. The remarks were broadcast on a video monitor at the convention of community bankers held earlier this week… Continue Reading
Tuesday’s strong rally on Wall Street was the signal for the rest of the world to push up markets in anticipation of a continued improvement in the US economy. In Japan investors stimulated their nation’s benchmark to a point higher than it’s been in seven months, while oil floated just under $107 per barrel. The… Continue Reading
Listen to Tracy Byrnes of Fox News interview Anani Lawson, expert sommelier of Per Se restaurant, discuss the new trend towards half-bottles of high-quality wines. Watch the latest video at video.foxbusiness.com Continue Reading
Here is a short list of some great reads, recommended by some interesting men and women from the business world. * INNOVATOR' DILEMMA by Clay Christensen “An insightful analysis of the impact of technology on industries and organizations, and a convincing argument for why thinking outside the box is so critical.” –Recommended by Dr. Amit… Continue Reading
Impala Platinum’s request that the Zimbabwean government extend their deadline to cede almost 30 percent of its share in its Zimplats subsidiary to a state-run fund was refused by government officials on Wednesday. Impala is the world’s second largest producer of platinum, and the 29.5 percent stake is valued at about $310 million at today’s… Continue Reading
“It is difficult, but not impossible, to conduct strictly honest business” –Mahatma Gandhi “I understand small business growth. I was one.” -George W. Bush “To open a shop is easy, to keep it open is an art” -Chinese Proverb Continue Reading
In the decade since 2001 Infosys Technologies was ranked in either first or second place seven out of ten times as being among the top employers in India. What makes Infosys Technologies so special? According to the survey conducted by Business Today, the most important factors for workers are a company’s compensation and benefits packages;… Continue Reading
Forbes put together a list of who they consider the 50 top businesswomen at work today in Asia. The talented women were picked according to “their hands-on management of profit-seeking companies.” The list includes such stellar figures as Australia’s richest individual and mining mogul Gina Rinehart and the head of Vietnam’s largest milk company. "This… Continue Reading
In a recent Q&A, David Stockman implied that the only way to safeguard assets today is with cash or gold bars. From his perspective, the efforts made by the Federal Reserve do little but push stock and bond markets closer to the brink. And Stockman’s opinion is not one to take lightly. The man is… Continue Reading
For the past few months the various economic indicators which tell analysts which way the economy is heading have delivered good news. Consistent with those barometers such as job rate and unemployment rate is the cost of oil, which is proving stable, hovering at around $107 per barrel on Thursday in Asia. Investor Confidence The… Continue Reading