A national survey recently revealed that although 2012 has seen some significant improvement, more than 50% of new college graduates will struggle to find work over the course of the next few months. According to the Birmingham News, “Lack of jobs, not qualifications, is the top reason recent college graduates and post-graduates are unemployed and… Continue Reading
The Council of Competitiveness and the National Association of Manufacturers recently unveiled its list of the top ten ‘business-friendly’ states in the U.S. this year. As mentioned before, Texas ranked #1 in several surveys. The most recent list ranks the states like this: Texas Utah Virginia North Carolina North Dakota Nebraska South Dakota Colorado Georgia… Continue Reading
A recent survey has elected Texas as the top state for business this year. This is actually the third time it was placed at the head of the rankings. According to BottomLine at msnbc.com: “Texas racked up an impressive 1,604 points out of a possible 2,500, with top 10 finishes in six of our 10… Continue Reading
Stalled trade growth in China has wreaked havoc on the Asian stock market as global demand falters. Chinese imports fell by half this past June to 6.3%, while exports increased 11.3% in comparison to May’s 15.3% growth. Meanwhile, slow demand for China’s oil, iron ore and various other goods has triggered concern in other economies… Continue Reading
As a follow-up of April’s Ivy Bridge desktops, HP has released another wave of all-in-ones to cater to both businesses and consumers: the Compaq Elite 8300, the Compaq Pro 6300, the HP Envy 23, and the HP Pavilion 23. This is not the first time that HP has managed to create machines that target several… Continue Reading
A report from the U.S. Labor Department shared that the nation’s economy managed to squeeze out a mere 80,000 new jobs this June, adding to the concern and disappointment as the elections draw nearer. Meanwhile, Canada has revealed that its economy, though struggling, is keeping afloat. The nation’s unemployment rate has fallen to 7.2% this… Continue Reading
The Federal Reserve’s dejected outlook for additional economic recovery in the U.S. this year is reason for concern, but officials are nonetheless pooling their efforts in hopes of boosting job growth. Still, many believe the central bank has already exhausted its chances of stimulating the economy any further this year. On Wednesday, the Fed stated… Continue Reading
The third-largest bank in Japan has consented to acquiring WestLB AG’s Brazil wing in an effort to reduce demand for infrastructure-focused financing. Though Mizuho Financial Group has not yet revealed the terms of the transaction, their website states that the purchase is still waiting on regulatory approval. Business Week explains that Banco WestLB AG Brazil… Continue Reading
Warren Buffet, founder of Berkshire Hathaway, is one of the most successful investors today. His experience and wisdom are both something to emulate, and many of his quotes have inspired businesses and individuals in the past. “When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever” And: “Rule No.… Continue Reading
A Fortune 500 list has revealed the top 20 most profitable companies in 2012: Exxon Mobil————————————$41,060 million Chevron——————————————$26,895 million Apple—————— ————————— $25,922 million Microsoft—————————————- $23,150 million Ford Motor————————————–$20,213 million JP Morgan Chase & Co.———————-$18, 976 million American International Group——— $17, 798 million Wells Fargo————————————- $15, 869 million International Business———————$15,855 million Wal-Mart Stores——————————-$15,699 million General Electric——————————-$14,151… Continue Reading