CGI Chicago: Economic future of tribal nations is blowing in the wind
Posted by:
John Michael Spinelli
Chicago :: IL :: USA | updated 2013-06-19 02:20:31 -0700 | business-news
Last week at the 2013 Clinton Global Initiative, hosted by the City of Chicago, former President Bill Clinton and leaders from six Sioux Indian tribes announced a new wind-power initiative that will harness South Dakota’s greatest natural resource and spur...
IMF calls for urgent steps on Spain unemployment
Source: Fox News
Madrid :: Spain | updated 2013-06-19 03:31:57 -0700 | business-news
The International Monetary Fund says recession-wracked Spain is making progress but is urging policymakers both within the country and in Europe to take "urgent action" to slash the country's crippling 27 percent unemployment rate. An IMF report released Wednesday praised...
Currency factors weigh on retailer H&M's Q2 profit
Source: The Boston Globe
Stockholm :: Sweden | updated 2013-06-19 03:54:59 -0700 | business-news
Swedish fashion retailer Hennes & Mauritz AB on Wednesday said profits fell by 11 percent in the second quarter due to the strong Swedish krona and increased markdowns as it tried to shift its products. The company said its net...
ANALYST: The Next Leg Of Volatility Will Start In The Days Ahead
Source: BusinessInsider
Tōkyō :: Japan | updated 2013-06-19 01:31:10 -0700 | business-news
In a sense, we've seen a level of volatility and confusion that we haven't seen in awhile. This is especially apparent in any emerging markets (and of course Japan)...And the rise in US interest rates is arguably a very bullish...
Apple's iPhone Password Security Broken In 24 Seconds
Source: Forbes
New York City :: NY :: USA | updated 2013-06-19 02:55:51 -0700 | business-news
This is a bit of a faux pas for Apple s security on certain iPhone functions. It appears that they've constructed their random password generator in a non-random manner and using a terribly small database of words to non-randomly choose...
Commission backs Lloyds as first privatisation
Source: BBC
London :: United Kingdom | updated 2013-06-19 05:01:51 -0700 | business-news
If George Osborne and Treasury agree with the Banking Commission's economic analysis, there is a clear implication for the two big semi-nationalised banks. A big chunk of Lloyds will be privatised before the next election, and no privatisation of the...
Cyprus leader attacks bailout terms
Source: BBC
Nicosia :: Cyprus | updated 2013-06-19 02:18:38 -0700 | business-news
His comments came in a letter sent last week but leaked on Wednesday. Losses were imposed on big deposits in Bank of Cyprus (BoC) and Laiki Bank. BoC is now in trouble, the letter said. "I urge you to support...
HSBC Slashes Chinese Growth
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-06-19 02:15:14 -0700 | business-news
Last night, Chinese stocks hit a new 6-month, as concerns rise about growth, debt, acute financial market stress, a property bubble, and everything else...China growth forecasts to 7.4% in '13 & '14 (from 8.2% and 8.4%) as Beijing focuses on...
Fab.com Raises $150M At $1B Valuation Led By Tencent
Source: Forbes
Las Vegas :: NV :: USA | updated 2013-06-19 01:41:10 -0700 | business-news
The valuation of the Series D financing was about $1 billion, according to a person familiar with the deal. Fab also plans to close additional financing in the round that will bring the round to a total of about $250...
Is There Life After An MBA?
Source: Forbes
Rome :: NY :: USA | updated 2013-06-19 01:41:09 -0700 | business-news
Whatever you expected when you entered the degree programme, it all looks different ten years hence...MBA graduates in the popular imagination probably look something like this: a man or woman in a custom-tailored Italian suit losing sleep on spreadsheets and...
MICHAEL PETTIS : The real challenge facing China's growth
Source: Asia Times Online
Beijing :: China | updated 2013-06-19 01:24:45 -0700 | business-news
The real challenge facing China's growth Beijing-based economist Michael Pettis has carved out through his "China Financial Markets" blog a distinct position with his commentaries on the Chinese economy, notably with his consideration of the difficulties it faces with its...
Where is inflation?
Source: Asia Times Online
Vienna :: Austria | updated 2013-06-19 01:24:44 -0700 | business-news
This is the question floated by the media based on US consumer price statistics, which show that the Federal Reserve's trillions of dollars in money injection and near-zero interest rates have not triggered the feared inflation...As core inflation has remained...
Want To Gain Momentum? Follow The Path Of The Most Successful Entrepreneurs
Source: Forbes
New York City :: NY :: USA | updated 2013-06-19 02:55:52 -0700 | business-news
Follow The Path Of The Most Successful Entrepreneurs I am not sure Sisyphusian is a word, but it should be. If you remember your mythology, Sisyphus, as punishment, was made to roll a huge boulder up a steep hill. But before...
VINCENT REINHART: There's A Fundamental Flaw In The Message The Fed Is Trying To Send
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-06-19 02:15:15 -0700 | business-news
Last week, the WSJ's ace Federal Reserve reporter Jon Hilsenrath wrote a piece on Fed strategy that got a lot of attention in markets. The gist was: Just because the Fed may signal a reduction in asset purchases doesn't mean...
Icahn raises Dell stake, calls for share buyback
Source: MarketWatch
New York City :: NY :: USA | updated 2013-06-19 01:27:18 -0700 | business-news
Michael Dell, left, is facing a new proposal by Carl Icahn, right, in his effort to take Dell private. Carl Icahn stepped up his bid to take control of Dell Inc., disclosing he has nearly doubled his stake in the...
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