Moody’s Investors Service recently revealed that Apple Inc., the most valuable business on the planet, collected $1.24 trillion in cash in 2011. This figure sets Apple ahead of most U.S. companies as concerns of a recession and credit crisis slowly begin to disperse. Moody’s analysts added that though revenue and cash flow have been increasing… Continue Reading
The U.S. dollar has risen to an eleven-month high as market predictions for the United States economy become more optimistic, while German data continues to boost European shares. The economic upturn has also lowered government bonds, while raising oil prices. ZEW, the German think tank, has revealed that investors have a much more positive outlook… Continue Reading
Whether it is starting a business or keeping it going, the challenges are certainly formidable. “To open a shop is easy, to keep it open is an art.” –Chinese Proverb “Whenever you see a successful business, someone once made a courageous decision.” –Peter F. Drucker “Good business leaders create a vision, articulate the vision, passionately… 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
A recent Elon Poll has revealed that President Barack Obama is gaining support in North Carolina as economic optimism increases. Questions involving Obama and his policies gained higher approval rates since last year. For example, 28.5% of the participants showed support for Obama’s handling of the economy, up from 22.9% in November. Elon Poll’s John… 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
Corbis, privately held by Bill Gates, is hoping to broaden its reach in the entertainment industry by launching an online music service featuring songs from the top four publishers. Corbis has provided images and videos for advertisers across the globe. The new service, called Greenlight Music, has over a million songs from Warner Music, EMI… 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
Premier Wen Jiabao has lowered China’s 2012 growth target to 7.5%. The move affects Australia, Brazil, the Middle East and others by implying that the recent expansion surge is drawing to a close as the country’s leaders reach a slow-growth comfort zone. In other words, China has no intention to continue stimulating the economy, but… Continue Reading