Tag: business

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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....
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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....
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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....
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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....
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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....
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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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Obama pledges to bring manufacturing back to the U.S., but is it possible?

In the State of the Union, President Barack Obama insisted he would bring manufacturing jobs back to the United States. But, to some, the proposals he laid out barely begin to address the disadvantages American companies face in manufacturing at home....
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Historic Milwaukee bank caters to newly arrived immigrants

Mitchell Bank open more than 100 years ago, to serve the Polish and German immigrants on Milwaukee's south side. Over time, though, the Poles and Germans moved out and the bank stayed — to serve the area's new Latino population. And the bank has thrived....
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Nicaragua distillery trying to bring its rum to the world

The Flor de Caña distillery nearly went under during the Sandinista revolution — but with that episode past, the rum maker is growing and expanding....
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VIDEO: Residents of Nome get set to offload emergency tanker shipment

The tanker Renda has anchored off the coast of Nome, Alaska. All that's left now is for the 1.3 million gallons of gasoline and diesel fuel to be off-loaded into town, using a pipe stretched a half a mile over ice-covered ocean....
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