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Top News: Business

AbbVie buys Shire for $54 billion

London - The purchase of pharmaceutical company Shire by AbbVie will create one of the 50 largest companies in the world, and will move AbbVie’s corporate tax headquarters from North Chicago to the U.K.
In the Media by Tim Sandle - 1 comment

It's simple: Your credit information is not safe, period

Target's loss of data on 110 million customers in 2013 was considered the biggest retail hack in U.S. history. The installed malware was able to pull credit card information from all 1,797 stores. Target then sent the data to Experian for protection.
In the Media by Karen Graham - 3 comments

Study: Feeling powerful changes your perception of time

Berkeley - Associates with the University of California at Berkeley conducted a test and survey to study perception. According to results those who felt powerful perceived that they could carry out more tasks in a shorter time.
In the Media by Walter McDaniel - 2 comments

Obama blasts companies moving overseas for taxation purposes

Dublin - In his toughest comments yet on the subject, Barack Obama accused big US corporations of trying to manipulate “the system” by “magically becoming Irish” through tax inversion deals.
In the Media by Ryan Hite - 3 comments

Op-Ed: Coca-Cola and the power of brand association

Atlanta - Brand association is a powerful tool in corporate marketing. If a brand can have their product positively associated in a consumer’s mind, they pretty much won that consumer over for life. In the world of positive brand association, Coca-Cola is king.
In the Media by Dan Pelberg - 2 comments

Report: Twitter employees are mostly white and male

Twitter managers recently released data on their own employees. Around 59% of them are male and 70% are white. Facts like this are re-igniting the debate on how to get more minorities and women into the technology sector.
In the Media by Walter McDaniel - 2 comments

Apple cited in class-action lawsuit over wages

As you can see from the embedded PDF, employees in California, notably the Apple "Geniuses," are seeking back pay and damages for incidents such as Apple denying their workers rest periods.
In the Media by Walter McDaniel - 2 comments

Op-Ed: Is the UK economy finally on the rise?

After years of a struggling economy in the UK, figures that will be released on Friday are expected to reveal that Britain’s economy has finally passed its pre-2008 financial crisis peak.
In the Media by Katherine Ogilvie - 2 comments

Global changes in growing crane market

New York City - TechNavio's analysts have forecasted the Global Crane market to grow at a CAGR of 7.29 percent over the period 2013-2018. Even though cranes are an important part of the construction market, the construction market has dropped in the last decade.
In the Media by Nancy Houser

PrimeTrade launches new online investment service provider

A new online trading platform made its debut last month, joining the ranks of many others to service both new and seasoned investors.
In the Media by Simon Crompton

SFO to investigate forex price rigging

The UK’s Serious Fraud Office is planning to address allegations of fraudulent practices in the foreign exchange market by opening a criminal investigation.
In the Media by Simon Crompton

City of Seoul plans to ban Uber

Seoul - On Monday Uber, a transportation network company that allows people to connect with rides via an app, found itself banned in the capital of South Korea, Seoul.
In the Media by Owen Weldon - 1 comment

U.S. carriers the world's most profitable and least comfortable

U.S. based carriers rank as the world's most profitable and the world's least comfortable. It is based on the rankings given at this years awards at the air show going on right now.
In the Media by Ryan Hite - 1 comment

U.S. retailers invasion of Canada stirs competition

Canadian retailers, already hurting from diminished sales, will soon have to compete with six additional large U.S. retail chains looking to expand their customer base in Canada.
In the Media by Larry Clifton - 10 comments

Op-Ed: Best practices for getting inexpensive business loans

With the economic downturn and the global recession of 2007 through 2009, one of the hardest hit groups was small businessmen.
In the Media by Elizabeth Brown

Forbes sold to investors based in Hong Kong

After 97 years of purely family ownership, Forbes Media has announced that it has sold a majority stake in the company to a Hong Kong investment firm.
In the Media by Ryan Hite

Op-Ed: When you don't know what you want, that's what you get

Given that things must be produced for a sufficiently broad segment of the population, how can we ever expect to find what it is that we truly want?
In the Media by Aron Solomon - 2 comments

Bizarre Microsoft layoff letter

Microsoft have announced that they are laying off some 18,000 staff. This large number has shocked many people, not least the employees. Some employees are also a little angry about how they found out about the news.
In the Media by Tim Sandle - 2 comments

Op-Ed: Oil trains and the new regulations — It all comes down to money

America's energy boom is still going strong, and the oil trains continue to roll, moving millions of gallons of black gold from North Dakota's Bakken oil patch to refineries on the East Coast. But, will new safety rules lead to the end of oil trains?
In the Media by Karen Graham - 2 comments
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