Tag: business & economy
Report suggests U.S. prosperity depends on increasing opportunities for immigrants
The Partnership for a New American Economy, a group of bipartisan mayors from across the country, released a report Tuesday that showed immigrants in the United States with degrees increase job opportunities for native citizens. However, current policy in the United States can make it difficult for foreign-born workers to establish themselves in the American workforce....
Regulators raise questions about Facebook IPO after its disappointing performance
Regulators and lawyers are looking into whether Morgan Stanley and other Wall Street banks that helped orchestrate Facebook's IPO warned top clients beforehand that it might not be such a good deal....
Australia's growing economy causing the government to look abroad for skilled labor
If you work in the natural resources industry, or happen to know how to pilot a fighter jet, Australia wants you. They're offering hundreds of thousands of dollars a year in pay, multi-year or even permanent work visas and they're taking their show on the world to attract applicants....
Los Angeles neighborhoods stand up for new pollution regulations
Environmentalists in Los Angeles say they have a new approach to cleaning up some of the city's most polluted neighborhoods. The pilot project called Clean Up Green Up aligns environmental interests with those of local businesses....
Chinese conglomerate buys AMC Entertainment for $2.6 billion
The Wanda Group, a Chinese company with diversified investments in the entertainment industry, has agreed to buy AMC Entertainment, the nation’s second-largest theater chain. The deal marks the largest investment to date by a Chinese company in the American film industry....
For older adults, unemployment remains high, job searches long
While the economy takes tentative steps toward recovery, for older Americans, that recovery is elusive. With high unemployment rates already, their time spent looking for a new job is much, much longer than average....
Istanbul stirs passion with ban on shouting in open-air market
Istanbul is trying to show that it's becoming a more modern society and as part of that, some officials have decided they need to curtail certain practices. Among them is a ban on shouting in Istanbul's famous open-air market....
Thousands of Portugese fleeing sinking economy, with many headed for Brazil
Portugal's former colony, Brazil has a booming, growing economy. By comparison, Portugal's economy is moribund. As the highly educated younger generations struggle to find work, many are leaving and heading to Brazil. In Brazil, the need to prepare for upcoming international events and the growing economy provide many opportunities....
Facebook IPO raises question about company's future, innovative spirit
Facebook makes its initial public offering on Friday, with signs pointing to a $100 billion value and potentially more demand than supply. But once the IPO has passed, there are questions about just how innovative Facebook can remain, and how qualified Mark Zuckerberg is to lead a multi-billion dollar company....
New book casts America's economic future in strikingly positive light
Daniel Gross' new book "Better, Stronger, Faster: The Myth of American Decline and the Rise of a New Economy," has a more optimistic take on the U.S. economy and its current state....
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