Economic Report: China factory activity slowing further in June
Source: MarketWatch
Los Angeles :: CA :: USA | updated 2013-06-19 22:32:33 -0700 | business-news
An employee wears a self-made cardboard mask at a bicycle factory in Zaozhuang, China...Purchasing Managers' Index fell to a nine-month low of 48.3, down from May's final reading of 49.2...The result came in below a 49.1 forecast from a Bloomberg...
VIDEO: Howard Stringer steps down from Sony
Source: BBC
Tōkyō :: Japan | updated 2013-06-19 22:53:52 -0700 | business-news
Howard Stringer steps down from Sony 20 June 2013 Last updated at 01:51 ET Sir Howard Stringer, the chairman and former chief executive of Sony Corporation is set to step down on Thursday. The British born executive took over the...
Strong rise in UK retail sales
Source: BBC
London :: United Kingdom | updated 2013-06-20 01:59:26 -0700 | business-news
UK retail sales sees strong rise in May UK retail sales rose 2.1% in May from the month before, official figures show, beating expectations. Sales were also up 1.9% compared with the same month last year, said the Office for...
Chicago tops in owner-vacated properties in foreclosure
Source: United Press International
Irvine :: CA :: USA | updated 2013-06-19 22:18:58 -0700 | business-news
Chicago has the highest number of owner-vacated foreclosed properties among major U.S. cities in June, online foreclosure marketplace RealtyTrac said. In a report released Thursday, RealtyTrac -- which tracks foreclosures -- said Chicago documented 14,717 owner-vacated properties, the most...
Eurotunnel accused of overcharging
Source: BBC
Brussels :: Belgium | updated 2013-06-19 21:28:17 -0700 | business-news
The EC said both passengers and freight services are paying over the odds for using the track through the tunnel, which is operated by Eurotunnel. Eurotunnel is a private company owned by the investors who paid for and now run...
China's Central Bank Maintains Tough Stance Amid Liquidity Crunch
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-06-19 21:26:27 -0700 | business-news
China's seven day repo rate hit a record high of 12% according to Bloomberg , the biggest one-day increase since 2006...The liquidity squeeze in China first began ahead of the Dragon Boat festival earlier this month. Spikes in interbank rates...
Google HR Boss Explains Why GPA And Most Interviews Are Useless
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-06-19 20:33:03 -0700 | business-news
And that obsession carries through to hiring and management, where every decision and practice is endlessly studied and analyzed. Google doesn't even ask for GPA or test scores from candidates anymore, unless someone's a year or two out of school,...
As federal agencies trim fat, contracts feed billions in profits to 59 companies
Source: The Washington Times
London :: United Kingdom | updated 2013-06-19 20:02:17 -0700 | business-news
As lawmakers take up austerity measures and the Defense Department and other agencies grapple with difficult budget choices, some contracting companies that derive their income entirely from the federal government have grown increasingly fat. Last year, 59 major publicly traded...
DealBook: In Wake of Pay-to-Play Scandal, Riverstone Raises Its Largest Fund
Source: The New York Times
New York City :: NY :: USA | updated 2013-06-19 19:48:52 -0700 | business-news
Chester Higgins Jr./The New York Times Andrew Cuomo, when he was attorney general of New York in 2009, reached a $30 million settlement with Riverstone Holdings. Four years ago this month, the private equity firm Riverstone Holdings agreed to pay...
Advertising: Steal This Idea, a Campaign Urges
Source: The New York Times
Rome :: NY :: USA | updated 2013-06-19 19:48:46 -0700 | business-news
Friday morning at the 60th Cannes Lion International Festival of Creativity in Cannes, France. The centerpiece of the initiative is a Web site, creative-for-good.org , that is to serve as an online resource for smaller organizations around the world that...
F.T.C. Is Said to Plan Inquiry of Frivolous Patent Lawsuits
Source: The New York Times
Toronto :: Canada | updated 2013-06-19 19:48:45 -0700 | business-news
The chairwoman of the Federal Trade Commission is expected on Thursday to recommend a sweeping investigation of patent trolls, companies that buy large portfolios of technology patents and use them to sue software designers and makers of products like smartphones...
How Technology Is Changing The Future Of Capitalism From Competing To Sharing
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-06-19 19:14:30 -0700 | business-news
Share Loic Le Meur But as Le Web conference founder Loic Le Meur noted recently, the Internet, smartphones, and location-aware apps are letting people share like never before. You can hop on Airbnb and rent an empty townhouse in France...
The Woman Who Said Michael Arrington Raped Her Has Responded To His Lawsuit
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-06-19 19:14:29 -0700 | business-news
Earlier this month, TechCrunch founder Michael Arrington sued an ex-girlfriend, Jenn Allen , for defamation, after she publicly accused him of physical and emotional abuse. Allen has now officially responded to Arrington's suit, court documents from her lawyers show.
10 Examples Of What A Camera Shooting 60,000+ Frames Per Second Can Do
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-06-19 18:16:24 -0700 | business-news
Your smartphone's video camera shoots somewhere in the neighborhood of 30 frames per second...There are supercharged high-grade cameras out there that can shoot over 60,000 frames per second. When you play these shots back at a much more familiar 30...
Proof That Dots Isn't Just A Mobile Game, It's A High-Concept Contemporary Art Project
Source: BusinessInsider
San Francisco :: CA :: USA | updated 2013-06-19 18:16:24 -0700 | business-news
Dots is "the first mobile game with a direct design pedigree inspired by contemporary art," Porter wrote on his personal blog . "It's doubtful we will see game designers prowling the halls of Art Frieze and Art Basal, looking for...
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