Category: COMMERCE

US Navy Forces Busted For Giving Secrets To Video Game Producers

US Navy Forces Busted For Giving Secrets To Video Game Producers

November 11, 2012 | By | 1 Comment

Seven members of an elite U.S. Navy SEAL (Sea, Air, and Land) team, including one who participated in the raid that killed al-Qaeda leader Osama bin Laden, have been reprimanded for disclosing classified material while helping produce a videogame.

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Less Food For Wages

Less Food For Wages

November 11, 2012 | By | Add a Comment

Despite the average Polish salary rising by 1.6 percent compared to 2011, Poles are currently able to buy less food for their money.

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Lockheed Ousts Incoming CEO Over Inappropriate Relationship

Lockheed Ousts Incoming CEO Over Inappropriate Relationship

November 9, 2012 | By | 1 Comment

Incoming Lockheed Martin CEO Christopher Kubasik has resigned after allegedly carrying on an inappropriate relationship with a subordinate employee, according to a company statement.

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HSBC Accused Of Helping British Drugs And Arms Dealers Launder Money

HSBC Accused Of Helping British Drugs And Arms Dealers Launder Money

November 9, 2012 | By | 1 Comment

HSBC is being investigated by HM Revenue and Customs after a whistleblower handed it the names, addresses and balances of every person the banking giant has helped place money in Jersey.

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Apple Streaming Radio Said To Challenge Pandora Next Year

Apple Streaming Radio Said To Challenge Pandora Next Year

October 26, 2012 | By | Add a Comment

Apple streaming radio said to challenge Pandora next year, and Apple has intensified talks with major music labels to start an advertising supported streaming-radio competitor to Pandora by early next year, according to people with knowledge of the negotiations. Discussions are centered in part around how to share ad revenue, and a deal could be […]

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Dr. Claude Anderson On Black Business Ignorance

Dr. Claude Anderson On Black Business Ignorance

October 24, 2012 | By | Add a Comment

Dr. Claude Anderson talks about why Blacks should own businesses and the consequence of not recycling Black dollars.

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Why Florida Is Sitting On $300 Million Meant To Help Homeowners

Why Florida Is Sitting On $300 Million Meant To Help Homeowners

October 23, 2012 | By | Add a Comment

Florida was awarded those millions in February as part of the $25 billion national settlement between five of country’s biggest banks and forty-nine states and the District of Columbia.

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Companies Have Assembled Political Profiles for Millions of Internet Users

Companies Have Assembled Political Profiles for Millions of Internet Users

October 22, 2012 | By | Add a Comment

If you’re a registered voter and surf the web, one of the sites you visit has almost certainly placed a tiny piece of data on your computer flagging your political preferences.

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Retail Sales Point To Stronger Economic Growth

Retail Sales Point To Stronger Economic Growth

October 15, 2012 | By | Add a Comment

Retail sales rose in September as Americans stepped up purchases of everything from cars to electronics, a sign that consumer spending is driving faster economic growth.

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IT Classes: Pupils Need More Than Just Coding Skills

IT Classes: Pupils Need More Than Just Coding Skills

October 12, 2012 | By | Add a Comment

Plans to reform IT classes in schools are welcome and overdue – but we need to go further than simply teaching children how to write code, says computer scientist Tom Crick.

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U.S. Stocks Rise As Jobless Claims Drop To Four-Year Low

U.S. Stocks Rise As Jobless Claims Drop To Four-Year Low

October 11, 2012 | By | Add a Comment

The US economy continues to rebound as US stocks rise and jobless claims drop.

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Unemployment Drops to 7.8%

Unemployment Drops to 7.8%

October 5, 2012 | By | Add a Comment

It’s bad news for Mitt Romney but excellent news for the American people, the unemployment rate dropped last month to 7.8% – the first time it has been under 8% (also sadly for the Romney campaign, killing a beloved talking point) in nearly four years.

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US Officials Ready To Target Banks Over Safeguarding Failures – Report

US Officials Ready To Target Banks Over Safeguarding Failures – Report

September 15, 2012 | By | Add a Comment

Authorities reportedly set to crack down on banks for failing to monitor whether cash was being used to launder dirty money.

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Loan Foe Ryan Sought Riskier Practices On Electric-Car Aid

Loan Foe Ryan Sought Riskier Practices On Electric-Car Aid

September 11, 2012 | By | Add a Comment

The funding request complicates the image that Republican presidential nominee Mitt Romney has tried to project for his running mate as a fiscal watchdog who’s focused on trying to cut the federal budget.

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US Jobs Market Brightens, Private Firms Hire 201,000 Workers In August

US Jobs Market Brightens, Private Firms Hire 201,000 Workers In August

September 6, 2012 | By | Add a Comment

Survey shows private businesses beat economists’ forecasts before closely watched release of nonfarm payrolls on Friday.

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VW Starts Recruitment Initiative In Southern Europe

VW Starts Recruitment Initiative In Southern Europe

August 27, 2012 | By | Add a Comment

German carmaker Volkswagen has launched a fresh initiative to attract more highly skilled staff. In its constant search for engineers, it’s now focusing its recruitment campaign on crisis-stricken Spain and Portugal.

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German Agriculture Exports Hit New Record

German Agriculture Exports Hit New Record

August 24, 2012 | By | Add a Comment

German agricultural firms are exporting more produce than ever before.

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A Quick End To TARP Means a Smaller Payoff For Taxpayers

A Quick End To TARP Means a Smaller Payoff For Taxpayers

August 23, 2012 | By | Add a Comment

Sure, the bank portion of TARP has been profitable so far. The Treasury Department estimates that it will make almost $22 billion from its bank support programs. That includes an estimated $3 billion loss from the smaller banks’ paper.

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Walmart, Target And Other Big Retailers Lobbied Successfully For Exemption From SEC Conflict Mineral Rule

Walmart, Target And Other Big Retailers Lobbied Successfully For Exemption From SEC Conflict Mineral Rule

August 23, 2012 | By | Add a Comment

Thanks to their lobbying efforts, big retailers will likely be exempt from a rule, finalized by the Securities and Exchange Commission Wednesday, which requires public companies to disclose whether their products contain “conflict minerals” from the Democratic Republic of Congo.

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Chinese City Plans $240 Billion In Investments

Chinese City Plans $240 Billion In Investments

August 22, 2012 | By | Add a Comment

Plans in Chongqing call for creating seven industrial clusters with investment of at least 100 billion yuan ($16 billion) and 30 more with at least 10 billion yuan ($1.6 billion)

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