Daily News 'Business News'
Google’s acquisition of Motorola gets the go-ahead from Chinese government
Share Tweet Chinese antitrust and competition authorities have approved Google’s deal to purchase Motorola Mobility for $ 12.5 billion dollars, The Wall Street Journal reported Saturday. The merger, which was announced nine months ago in August 2011, will likely close next week. China was [...]
5-20, 2012 7:47
Mediaset: End of an era
Share Tweet BABEL TV, a niche channel on Sky Italia, a pay-TV platform owned by Rupert Murdoch, airs worthy programming for immigrants. Recent shows include “Invitation to Dinner”, a reality show where an immigrant cooks for a native Italian. [...]
5-20, 2012 7:00
Would Facebook’s IPO have been bigger if it went with New York Stock Exchange?
Share Tweet The all-computer run NASDAQ could be to blame for a lack of a Facebook stock pop Friday, when the social network started its first day of trading. Orders flooded in for the stock, but overwhelmed computers and [...]
5-20, 2012 6:18
Existing critical illness is not covered
Share Tweet Q I have recently cleared overdues on my two credit cards. The total outstanding is Rs 50,000. Since my income doesn’t permit me to pay off the entire outstanding, I have been paying the minimum balance. One [...]
5-20, 2012 5:27
Show you are creditworthy!
Share Tweet A borrower could find the process of availing a loan to be most cumbersome as it involves lenders weighing the pros and cons of parting with depositors’ money for a profit. Attempts to guage the risk of [...]
5-20, 2012 4:41
Obama pledges tough enforcement of Wall Street reforms (Reuters)
Share Tweet WASHINGTON, May 19, 2012 (Reuters) — President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $ 2 billion trading loss at JPMorgan underscored the [...]
5-20, 2012 3:54
Apparel Sales by Price and Volume Provide Interesting Viewpoint
Share Tweet Reader Tim Wallace provides an interesting chart of apparel sales in the US by price and by unit volume. In this case, volume is likely the more telling statistic. click on chart for sharper image Tim writes [...]
5-20, 2012 3:07
Accounting in China: Internal controls
Share Tweet THE big global accounting firms are not having an easy time of it in China. They have been caught up in the accounting scandals that have engulfed many Chinese firms that listed on America’s stock exchanges: on [...]
5-20, 2012 2:21
Hewlett-Packard contemplating cutting up to 25,000 jobs
Share Tweet Hewlett-Packard is considering cutting up to 25,000 jobs, as the world’s largest PC maker wrestles with a decline in demand. According to the Telegraph, some cuts being considered will be coming from HP’s information services business as [...]
5-20, 2012 1:36
29 Smart Answers To Tough Interview Questions
Share Tweet In her book 301 Smart Answers to Tough Interview Questions, Vicky Oliver says jobseekers need to treat interviews like a final exam, because it’s ”rigorous” and “psychologically draining.” “Make no mistake: in order to prevail, you are going to [...]
5-20, 2012 0:48
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