Category: COMMERCE

There’s Nothing New About Uncertainty

There’s Nothing New About Uncertainty

July 7, 2012 | By | Add a Comment

Uncertainty has become a news media darling since 2008. The recession, credit crisis and market collapse drive lots of interest in the idea.

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Drugmaker Glaxosmithkline ‘Guilty Of Healthcare Fraud’

Drugmaker Glaxosmithkline ‘Guilty Of Healthcare Fraud’

July 3, 2012 | By | Add a Comment

British drugmaker pleads guilty and agrees to pay $3bn fine in largest case of healthcare fraud in US history.

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It’s A Small World, Food and Drugs From Around The World

It’s A Small World, Food and Drugs From Around The World

July 3, 2012 | By | Add a Comment

A trip to the supermarket or drugstore is like a trip around the world.

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Stocks Rise As Oil Prices, Factory Orders Climb

Stocks Rise As Oil Prices, Factory Orders Climb

July 3, 2012 | By | Add a Comment

Stocks climbed Tuesday in an abbreviated holiday trading session after an encouraging report about manufacturing.

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FDA Approves First Rapid, Take Home HIV Test

FDA Approves First Rapid, Take Home HIV Test

July 3, 2012 | By | Add a Comment

FDA officials said the test is aimed at people who might not otherwise get tested.

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US Carmakers Report Strong June Sales, Easing Worries

US Carmakers Report Strong June Sales, Easing Worries

July 3, 2012 | By | Add a Comment

US Carmakers Report Strong June Sales.

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The British Virgin Islands’ Box 438: The Best-Connected, Tax-Friendliest Address In The World?

The British Virgin Islands’ Box 438: The Best-Connected, Tax-Friendliest Address In The World?

July 3, 2012 | By | Add a Comment

Box 438 is just one of 100 such providers in the B.V.I., but it has a pedigree sure to stimulate conspiracy theorists.

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Microsoft Takes $6.2B Hit To Account For Ad Woes

Microsoft Takes $6.2B Hit To Account For Ad Woes

July 2, 2012 | By | Add a Comment

Microsoft is absorbing a $6.2 billion charge to reflect that one of the biggest deals in its 37-year history turned out to be a dud.

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Monday Is Money Day With More Than $6 Billion in Acquisitions

Monday Is Money Day With More Than $6 Billion in Acquisitions

July 2, 2012 | By | Add a Comment

At least half a dozen noteworthy acquisitions, altogether worth more than $6.1 billion, were announced today as the short Fourth of July week kicks off.

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Big Chinese Firms See US Sales Doubling

June 22, 2012 | By | Add a Comment

Chinese companies on the leading edge of a trend toward greater outbound investment are accelerating plans for overseas growth despite headwinds at home and the unsteady global economy.

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Germany Needs Plan To Close Down Nuclear Plants

June 21, 2012 | By | Add a Comment

All Germany’s 17 nuclear power plants are set to be shut down by 2022.

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German President Will Delay Euro Rescue Fund Approval

June 21, 2012 | By | Add a Comment

Politicians in Berlin celebrated a breakthrough on European economic policies and the fiscal pact on Thursday, only for the Constitutional Court and then President Joachim Gauck to throw a spanner in the works.

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Fed Extends Stimulus And Warns On US Recovery

June 20, 2012 | By | Add a Comment

Ben Bernanke extends Operation Twist stimulus but warns that unemployment is unlikely to improve before end of the year.

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Germany Set To Allow Eurozone Bailout Fund To Buy Troubled Countries’ Debt

June 19, 2012 | By | Add a Comment

Angela Merkel poised to remove opposition to direct lending by rescue fund in move seen as step towards sharing debt burden.

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Kodak Files Motion To Auction Digital Imaging Patents

June 12, 2012 | By | Add a Comment

Eastman Kodak has sought permission to auction off more than 1,100 of its patents in an effort to save the firm.

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Columbia In A Tangle Over Links To Embattled JP Morgan Boss Dimon

June 12, 2012 | By | 1 Comment

University facing accusations of conflict of interest over president Lee Bollinger’s support of New York Fed ally Jamie Dimon.

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IMF Chief Christine Lagarde Warns World Risks Triple Crisis

June 12, 2012 | By | Add a Comment

Austerity is not working around the world. Lagarde says world risks falling incomes, environmental damage and social unrest without more sustainable approach to growth.

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Silicon Valley Bank Targets UK Technology Sector

June 10, 2012 | By | Add a Comment

Silicon Valley Bank, the US hi-tech bank with $20bn (£13bn) in assets, opened its first UK branch on Monday, offering banking and loan services to the UK tech industry.

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Swiss Finance Minister Hints At Agreement With US Over Bank Accounts

June 9, 2012 | By | Add a Comment

US efforts have certainly unnerved the Swiss banking system, its powerful financiers and the many thousands of wealthy Americans who squirrel cash away in its shadowy accounts.

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US Firms Hoarding $2 Trillion

June 8, 2012 | By | Add a Comment

“It’s enormous by historical standards,” Howard Silverblatt, senior index analyst at S&P told The Post, describing the staggering scale of the unspent corporate bundle.

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