Tag: Finance

Obama reaffirms its commitment to return opportunities to the middle class

Obama reaffirms its commitment to return opportunities to the middle class

| February 1, 2014 | 0 Comments

U.S. President Barack Obama, in his speech today reaffirmed Saturday its commitment to return the opportunities for working and middle classes of the country, now that the national economy back and finally moves over the long economic recession. ” Despite the recovery, while the people who enter are better than ever , the average salary […]

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Wall Street Back Down: Dow Jones Lost 0.26 percent

Wall Street Back Down: Dow Jones Lost 0.26 percent

| January 27, 2014 | 0 Comments

Wall Street closed today with a further decline and its benchmark , the Dow Jones Industrial Average lost 0.26% on a bad day for the technology sector and still under the shock of the destabilization that occurred last Friday ‘s collapse currencies in emerging countries. At the end of the first session of the week […]

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Walmart To Lay Off 2,300 Employees At Its Sam’s Club Division

Walmart To Lay Off 2,300 Employees At Its Sam’s Club Division

| January 24, 2014 | 0 Comments

The retail giant Walmart will lay off 2,300 employees at its Sam ‘s Club division in an attempt to reduce the number of intermediate positions in stores less work. “Over the years we have become a company with excess staff in middle management ,” said today the CEO of Sam ‘s Club, Rosalind Brewer, in […]

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Treasury Warns U.S. Debt Ceiling Will Be Reached In February

Treasury Warns U.S. Debt Ceiling Will Be Reached In February

| January 22, 2014 | 0 Comments

The U.S. Treasury Secretary , Jack Lew, today urged Congress to raise the debt ceiling for ” late February ” and prevent the country from having to file for partial suspension of payments. ” With all due respect , I urge Congress to provide certainty and stability to the economy and financial markets acting to […]

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IBM Profits 16,483 million In 2013

IBM Profits 16,483 million In 2013

| January 21, 2014 | 0 Comments

The computer group IBM ended 2013 with a net profit of 16.483 million dollars , 0.7% less than in 2012 , hit by its hardware business , while in the last quarter gained 6% to 6.185 million . IBM, one of the thirty Dow components , obtained between January and December last net income per […]

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China Keeps Its Lowest Growth Rate In 14 years

China Keeps Its Lowest Growth Rate In 14 years

| January 20, 2014 | 0 Comments

The Chinese economy grew 7.7% in 2013 over the previous year and maintained, as in 2012, the lowest growth rate since 1999, said Monday the National Bureau of Statistics (NBS). The communist country’s government warned the persistence of “deep problems” of the second world economy and in particular the debt of local governments. The Gross […]

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U.S. House of Representatives Approves 2014 Budget

U.S. House of Representatives Approves 2014 Budget

| January 15, 2014 | 0 Comments

The House of Representatives of the United States on Wednesday approved by a large majority the 2014 budget law, once adopted by the Senate, will mark the end of three years of budget instability in the country. Representatives adopted by 359 votes to 67 law for the year 2014, which ends September 30, and fixed […]

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Airbus Selling Planes At Record Trends

Airbus Selling Planes At Record Trends

| January 13, 2014 | 0 Comments

The European Airbus announced Monday a new record aircraft orders in 2013 , beating U.S. rival Boeing , which is the best commercial result of the history of aeronautics . The European manufacturer also continued to increase its production for the twelfth consecutive year, with a record 626 aircraft delivered last year, although rival Seattle […]

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Obama To Focus On Manufacturing Jobs

Obama To Focus On Manufacturing Jobs

| January 12, 2014 | 0 Comments

U.S. President Barack Obama mentioned that subsequent week will address his plans for job creation within the manufacturing sector, one of the several financial targets set for government final year and is now getting renewed interest White House. In its weekly release, Obama hinted that his Wednesday trip to Raleigh, North Carolina, will focus on […]

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JPMorgan Pays $2,600M To Avoid Trial In Madoff Case

JPMorgan Pays $2,600M To Avoid Trial In Madoff Case

| January 8, 2014 | 0 Comments

JPMorgan Chase agreed to pay 2.600 million to avoid criminal charges by U.S. justice, accusing him of having ignored numerous signs of Ponzi swindler Bernard Madoff. The amount includes 2,240 million for victims of Madoff and 350 million in penalties. Of the 2.240 million, 1.700 million will be paid to the victims through the Department […]

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