Tag: business
Argentina likely manipulating Big Mac prices to keep inflation seemingly lower
In Argentina, try to find a Big Mac on a McDonald's menu and you'll have to look hard. Order one, though, and it'll be among the cheapest items on the menu. That's because, economists say, the government is probably fixing the price in a bid to make inflation seem lower....
Indian, U.S. investors trying to bring American, NFL-style football to South Asia
A group of American football stars and investors are joining with Indian businessman to put together and NFL-style professional football league in India....
Investigation finds SEC regularly exempting Wall Street banks from fraud penalties
In an investigation by The New York Times, reporters discovered that the SEC is regularly declaring that the strictest penalties for fraud, penalties it regularly imposes on other businesses, often are not imposed on Wall Street investment banks....
U.S. economy shows surprising surge, adds 243,000 jobs; unemployment falls
The American economy surprised economists by adding 243,000 net new jobs in January and dropping the unemployment rate to 8.3 percent. That rate represents the lowest figure for the American economy in almost three years....
As Spain's economy sags, professionals look abroad for work
There's a burgeoning Spanish population in Germany and they're not going for the change in climate. As Spain's unemployment rate hovers around 23 percent, Germany's 4 percent rate is luring many of Spain's most educated to jobs outside their native land....
Will Facebook IPO change the soul of the company?
When Facebook becomes a publicly traded company, it will have a duty to its shareholders to maximize company profits. As it traverses from social media start-up to massive, publicly traded company, one media theorist says the company will have to battle to maintain its identity....
VIDEO: Facebook IPO could break records, make billions
Perhaps as early as Wednesday, Facebook is expected to file the documents necessary to begin the journey toward making its Initial Public Offering of stock — an occasion that could generate $10 billion for the company....
Banks imposing more fees, taking away free checking accounts
There was a time when banks gave away free checking accounts in exchange for you giving them your money to do with as they pleased until you needed it. But for most Americans, those days have gone....
Despite tepid demand, automakers rushing hybrids to market
Hybrid cars account for just 2.5 percent of the car market despite being on the market for about a decade. But automakers continue to offer more, perhaps in hopes they'll help balance out their fuel efficiency average....
Indiana House of Representiatives passes 'right to work' law
Indiana is set to become the 23rd state to pass a right to work law. The bill prohibits unions from entering into employment contracts that prevent workers from opting out of joining and paying dues to the union....
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