Investing, Finance, Women And The World

Investing, Finance, Women And The World

Women are acquiring financial independence to a never seen before degree – currently the highest numbers of college graduates are women; they comprise almost half of the labor market, and are often the primary earners in the household. However, most remain uninvolved or uneasy when it comes to discussing and managing money – USA Today. […]

Fiscal Cliff – Still No Deal In Congress

Fiscal Cliff – Still No Deal In Congress

WASHINGTON – Taxes were expected to rise for a lot of Americans this week unless lawmakers could come to a last-minute deal Monday to avoid the so-called fiscal cliff, an outcome that seems unlikely, but possible. Financial markets were edgy before midnight of the long-awaited cliff, a group of $600 billion in tax increases and […]

Frustration Settling In Over United States ‘Fiscal Cliff” Talks

Frustration Settling In Over United States ‘Fiscal Cliff” Talks

Negotiations between the White House and congressional Republicans hit a wall, with both parties voicing frustration at the lack of progress made to avert the “fiscal cliff” of steep spending cuts and tax hikes. With the end-of-the-year deadline quickly approaching, John Boehner, the U.S. House of Representatives Speaker, and President Obama planned a meeting at […]

Cayman Islands Preimer Arrested In Corruption Probe

Cayman Islands Preimer Arrested In Corruption Probe

The President of the Cayman Islands was arrested Tuesday on suspicion of corruption linked to a graft investigation in the Caribbean offshore financial centre, according to authorities. Members of the Financial Crime Unit of the Royal Cayman Islands Police Service detained Premier McKeeva Bush in his home, according to a statement issued by the police. […]

North Korea Still Years Away From Building An Intercontinental Ballistic Missile

North Korea Still Years Away From Building An Intercontinental Ballistic Missile

SEOUL South Korea – Following 14-years of conscientious labor, North Korea has finally built a rocket that can place a satellite in orbit. However, this doesn’t mean that the reclusive country is close to designing an intercontinental ballistic missile. According to experts, Pysongyang is years away from even having the opportunity to develop reliable missiles […]

Baxter International Inc. To Buy Sweden’s Gambro For $4 Billion

Baxter International Inc. To Buy Sweden’s Gambro For $4 Billion

Baxter International Inc. (BAX), the world’s second-largest manufacturer of dialysis products, will purchase Swedish competitor Gambro AB for 18.3 billion kronor ($2.8 billion) to expand its kidney-equipment firm. In 2011, Gambro had around $1.6 billion in sales, Deerfiled, Illinois-based Baster said Tuesday in a statement. The company is jointly controlled by Investor AB (INVEA) -the […]

Unemployment Benefit Applications In The U.S. Drops To 393,000

Unemployment Benefit Applications In The U.S. Drops To 393,000

The amount of Americans looking for unemployment benefits dropped 23,000 to 393,000 last week. It was the second drop after Sandy drove applications much higher earlier in November. On Thursday a Labor Department analyst said that the storm did not have a strong effect on last week’s numbers. Unemployment benefit applications spiked to 451,000 three […]

Bangladesh Factory Where 112 Died Tied To Major Retailers

Bangladesh Factory Where 112 Died Tied To Major Retailers

DHAKA BANGLADESH – The garment factory in Bangladesh where 112 workers were killed in a fire last weekend was used by major United States and European retailers, according to an Associated Press reporter. On Wednesday account books and clothes were discovered amid the melted sewing machines, and blackened tables at Tazreen Fashions. Piles of children’s […]

Former SNC-Lavalin CEO Facing Fraud Charges

Former SNC-Lavalin CEO Facing Fraud Charges

In what is becoming to be the largest corporate scandal in Canadian history, Quebec police have arrested the former CEO of engineering firm SNC-Lavalin Inc. and has started efforts to extradite another company executive, who is currently in a Swiss jail. Pierre Duhaime, 58, was arrested Wednesday morning at his home by Quebec’s special Hammer […]