News from category: Business

James Moore: As JPMorgan's Jamie Dimon finds new ways to say sorry, the blame is being laid further down

Business | dopylnitelni-dohodi | 15.05.2012 , 21:30:29

Wasn't sorry supposed to be the hardest word? Not in Jamie Dimon's world. Since it emerged that his bank, JPMorgan, has lost $2bn (so far) through placing bad bets in the financial casino, the chief

Will America’s labor-force dropouts ever come back?

Business | vanq-bicina | 15.05.2012 , 19:01:29

As we’ve , the number of Americans in the labor force — that is, the people who either have jobs or are actively looking for work — has been dwindling in recent years. Some of that’s been due to ordin

Facebook IPO: Oversubscribed, social network set to close books, report says

Business | krasimir-iliev | 15.05.2012 , 18:31:07

After months of preparation, Facebook is facing what’s widely expected to be the week of its initial public offering. The company hasn’t announced anything resembling official timing yet, but odds see

Are credit unions a credible solution to loans misery?

Business | cherna-gora-i-dubrovnik | 15.05.2012 , 17:00:46

The Government hopes that by improving, credit unions can provide basic financial services to millions of vulnerable people. officials are proposing to bankroll a small number of credit unions to help

May Day Rallies Draw Protesters Around World

Business | programirane-na-actionscript-3-0 | 15.05.2012 , 15:30:28

Hundreds of thousands of workers are taking to the streets in cities around the world to mark International Workers Day with marches and calls for higher pay and better working conditions. In Europe,

Ethiopia's Meles Blames African Corruption on Foreign Investors

Business | d0ch0-atanas0v | 15.05.2012 , 15:30:21

What is the poison that corrupts many African leaders, no matter how honorable their intentions when they take office? That was the question put to a panel of that included heads of state and governm

David Rubenstein, co-founder of Carlyle Group and Washington philanthropist

Business | bossilek | 15.05.2012 , 13:00:43

Another milestone they count down in Times Square, less deliriously, is the moment a company goes public by selling shares on the Nasdaq Stock Market. Thursday, May 3, at 9:29:50 a.m., it’s , Washingt

Whale of a problem for JPMorgan chief

Business | atanas-apostolov | 15.05.2012 , 08:30:30

T his wasn't the annual shareholder meeting that Jamie Dimon was expecting to have. Instead of a bullish gathering this morning, where the self-designated spokesman for Wall Street assailed regulatio

Payday lenders 'failing to properly record borrowers' credit history'

Business | shipkovo-vila-rusalka | 15.05.2012 , 03:01:26

The payday lending industry has been accused of not making enough checks to ensure it is lending responsibly. Credit reference agency Equifax has issued an alert that some payday lenders are failing t

The politics of...baby names

Business | p- | 15.05.2012 , 01:00:56

Jacob and Sophia took the top spot for most popular baby names in 2010, according to out Monday from the Social Security Administration. NPR’s Alan Greenblatt and finds a split between blue and red st

Iran, unable to sell oil, stores it on tankers

Business | kameliq-maldonado | 14.05.2012 , 16:30:15

Increasingly hard-pressed to find buyers for its petroleum, Iran has been routinely switching off satellite tracking systems on its sea-bound oil tankers for more than a month, in what U.S. officials

New at the top: George Herriage’s best move was getting into real estate

Business | blagoy2008 | 14.05.2012 , 04:30:12

I was never stuck in a job that I didn’t have a passion about. My journey has been about finding what I love to do and doing it. When I graduated from high school, I already knew that I wanted to work

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