Tag: business & economy
Clean energy sector surging in Massachusetts
Job growth has been hard to come in in this economy. But in Massachusetts at least, the clean energy industry is adding jobs at a brisk pace. Fueled by decreased costs, increased availability and federal tax credits, the clean energy economy was adding jobs at an 11 percent clip last year....
Spain considers Vegas-like project to jumpstart flagging economy
Billionaire American casino magnate Sheldon Adelson has a plan to jumpstart Spain's slow economy: Vegas. No, he's not taking the national fortune to the craps table -- he wants to build a Vegas-style resort in Madrid. He says it will draw 10 million people per year....
Company in Prague turns to homeless people to show city's less-seen side
Prague is a major tourist draw in Europe's Czech Republic. But, like much of Europe, the city and country have its share of economic problems, which are contributing to a rise in homelessness. But one tourism company is harnessing that and hiring the homeless as tour guides. And they have a distinctly different point of view....
U.S. Federal Reserve takes steps to bolster flagging economy
The Federal Reserve's Open Market Committee is hoping to cut unemployment by injecting more capital into the economy. This is third attempt by the Fed board to stimulate the economy and get people working again....
In the wake of iPhone 5, is Apple's mystique causing it as much trouble as benefit?
Apple made waves with its iPhone 5 unveiling Wednesday — but perhaps not the waves it has at some of its previous launches. Are expectations too high for Apple, or is the company just not delivering like it used to? And, really, does it even matter?...
As Federal Reserve meets, eyes on further economic stimulus measures
Federal Reserve Chairman Ben Bernake has been signaling in recent days that it may be time for another round of economic measures to bolster the economy. The board of the federal reserve meets on Tuesday, and eyes are on Bernake to see if he'll move now....
Portuguese artists rely on crowdfunding as state support runs dry
Public and private funding for the arts in Europe are drying up as the economic crisis their continues. In Portugal, artists remain in survival mode and are testing new ways to find funds. Some have turned to crowdfunding through a website inspired by U.S.-based Kickstarter. ...
Get ready for higher prices: Drought makes it tough for Mississippi River shipping
The persistent drought across much of the United States has another casualty, the water in the Mississippi River. One of America's primary ways for shipping commodities to markets around the world, the low water levels means smaller barges, closed stretches of the river and, eventually, higher prices for all of us....
With Chinese immigration waning, U.S. Chinatowns are at a crossroads
Since Chinese immigrants first started coming to the United States in the mid 1800s, many have congregated, at least initially, in Chinatowns. But as immigration slows, and China's economy roars, that flow of immigrants is drying up. And that's meant Chinatowns across the country are facing changes....
Greek politicians eye Orthodox Church's income, expenses as target for budget cuts
In Greece, the Orthodox Church is tied financially to the state. The state pays some priests and exempts the church and its activities from any taxes. But with tight economic times, some politicians are calling for the relationship to be adjusted....
