Yazan: | 19 May 2012 | No Comments
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SAN FRANCISCO/NEW YORK (Reuters) – Facebook Inc is set to raise up to $18.4 billion in its IPO and become the first U.S. company to be worth more than $100 billion at its debut, as investors bet on a big pop in the stock when it begins trading on the Nasdaq on Friday. Frenzied demand, [...]
Yazan: | 10 April 2012 | No Comments
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WASHINGTON (Reuters) – Sometimes a little bit of inflation is not such a bad thing. In the United States, prices starting to creep upward shows the deep wounds from the credit crisis are slowly healing and the U.S. economy is well on the road to recovery. The evidence is scattered but it also shows up [...]
Yazan: | 18 February 2012 | No Comments
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By Martin Wolk Americans are far more optimistic about the economy than they were just two months ago, according to poll results released Thursday. The Pew Research Center poll found that 44 percent of those surveyed expect the economy to be in better shape a year from now, compared with only 28 percent who felt [...]
Yazan: | 16 February 2012 | No Comments
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TOKYO (Reuters) ? Japan’s economy shrank more-than-expected in the fourth quarter, hurt by slowing global growth, Thai floods and a strong yen, casting doubt on hopes for a pick up in activity in the first months of 2012. The 0.6 percent drop was twice as big as analysts had forecast, bad news for Prime Minister [...]
Yazan: | 12 February 2012 | No Comments
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The stock market finally got a deal from Greece, but it didn’t produce much of a rally. Greece says it has agreed to cut spending to satisfy some of its lenders. That’s a key condition for Greece to avoid a default next month that could spook world financial markets. The Dow Jones industrial average rose [...]
Yazan: | 06 February 2012 | No Comments
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LAS VEGAS ? Now it’s on to Colorado, Minnesota and Maine. With back-to-back victories fueling him, Republican presidential front-runner Mitt Romney is looking toward the next states that hold GOP nominating contests as main rival Newt Gingrich brushes aside any talk of abandoning his White House bid ? all but ensuring the battle will stretch [...]
Yazan: | 03 February 2012 | No Comments
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MADRID ? Spanish banks must raise an additional euro50 billion ($65.5 billion) to cover their exposure to toxic real estate loans and assets accumulated during a construction boom that went bust with the financial crisis, according to new regulations unveiled Thursday. Banks unable to meet the new provisions to cover troubled holdings will have the [...]
Yazan: | 30 January 2012 | No Comments
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DUBLIN, Ohio ? Wendy’s Co. says its adjusted earnings fell 29.5 percent in the fourth quarter, while its revenue rose 5.6 percent, The hamburger chain said Monday its income from continuing operations was $4.3 million in the period ended Jan. 1. That was down from $6.1 million a year ago. The adjusted number stripped out [...]
Yazan: | 30 January 2012 | No Comments
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President Barack Obama Friday told an enthusiastic crowd of students?at the University of Michigan that extra taxes on millionaires should help subsidize their futures. Without mentioning Gov. Mitt Romney by name, Obama used his campaign-style event to urge higher taxes on the nations most prosperous to reduce student loan-payments, boost student grants, fund universities and [...]
Yazan: | 27 January 2012 | No Comments
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LOS ANGELES, Jan 26 (TheWrap.com) ? There’s still a celluloid closet in Hollywood. Gay actors are far more open about their sexuality with friends and co-workers, than their agents, according to a new survey by the British trade union Equity. Only 57 percent say that they are openly gay with their agents. Despite the success [...]