Investing and Global Finance News

Bot Fraud Plaguing Auto Branding Industry

Digital advertising company Solve Media reports that car companies will be spending at least $500 million on online advertisements in the United States this year which no one will ever see. The report looked at fraudulent web traffic by which tracking thousands of web sites which are solely about cars and other vehicles. Solve Media… Continue Reading

US Inventory Rise Bodes Well for Economy

April was a strong month for the US economy as business inventories posted their largest increase in six months.  Leaving out figures for automobiles, the data support expectations for a significant improvement in growth during the year’s second quarter. Numbers released by the Commerce Department on Thursday showed inventories rising by 0.6 percent in April,… Continue Reading

Female Executive Appointments

It’s not always easy for a woman in a man’s business world.  But these days, more and more women are rising to the challenge.  In this article, we focus on two such women who juggle the demands of an executive career in the insurance industry, with being a mom:  Beatrice R. Perez and Inger Loftheim. … Continue Reading

US Job Growth at 15 Year High

For the first time this century the United States saw more than 200,000 jobs added to the economy for four months in a row. This and other data are pointing to a US economy in definite recovery mode, despite the continuing difficult economic struggle still experienced in Europe and Asia. May’s gain of 217,000 jobs… Continue Reading

Samsung’s Music Hub-USA to be Discontinued

Samsung announced that it will be closing its Spotify competitor, US-based subscription streaming music platform Music Hub. Lucky for people in Australia Samsung gave assurances that its ‘down-under’ version will remain in business. “Samsung Music Hub in Australia has been developed for this country and for Australian customers. It is a separate platform from other… Continue Reading

Meridian Sells Off US Business Two Years After Announcement

After five years in the US energy market and two years after announcing its plans to sell off its US solar-power business, Meridian Energy finalized its sale of its huge, 20-hectare solar plant. California-based SunEdison purchased Calrenew-1 for an undisclosed amount. Guy Waipara, Meridian general manager of external relations said that the figures will appear… Continue Reading

Clothing Retailers Posting Higher Profits

According to financial information company Sageworks, US clothing retailers have been more profitable in recent years, despite slowing sales growth. Privately held apparel shops have posted a net profit margin of almost 7 percent, on average, in 2013. That figure is about twice what it was during the preceding two years. Sales however showed slower… Continue Reading

Hollowell Appointed President of ATG USA

It is expected that Ben Hollowell’s legal training will help him greatly as he begins to take his place as the new president of ATG (formerly Applied Technology Group.) Hollowell, graduate of Wynne High School in Arkansas, was promoted to president of ATG USA after working there as the chief financial officer since April 2007.… Continue Reading