Home » Archive for December, 2014

Image for Subway in Safety Scandal in China over Food

Subway in Safety Scandal in China over Food

Subway is the latest brand of foreign fast food to become involved in China in a scandal over food safety. This came after the sandwich chain based in the United States said it was carrying out an investigation of local media claims... More of this article »
Image for UPS and FedEx Make Improvements During Holiday Season

UPS and FedEx Make Improvements During Holiday Season

Christmas this year was on time for most everyone. After UPS and FedEx were unable to deliver some gifts last year prior to Christmas day, the two shipping companies improved their performance during this holiday shopping season. UPS... More of this article »
Image for MasterCard Spending Report for Holidays Shows Weak Electronics

MasterCard Spending Report for Holidays Shows Weak Electronics

Consumers spent strongly on eating out and lodging during the holiday shopping season, while sales were flat in electronics, reflecting a shift that is ongoing toward spending on different experiences instead of on goods, said MasterCard... More of this article »
Image for Gift Cards Have Become Hugely Popular, but Have Risks

Gift Cards Have Become Hugely Popular, but Have Risks

Gift cards are widely popular gifts for the holidays as they give the receiver what he or she wants, a chance to pick out his or her very own gift. The popularity of the gift card is undisputable. That segment saw over $31.75 billion... More of this article »
Image for Saudis See Recovery in Oil While UAE Urges Cuts by Non-OPEC

Saudis See Recovery in Oil While UAE Urges Cuts by Non-OPEC

The United Arab Emirates and Saudi Arabia reiterated their pledges to maintain the same production of crude, blaming the producers who are non-OPEC for the oil glut that has driven the price down to its lowest of nearly 5 years. Suppliers... More of this article »
Image for Last Shopping Weekend for Holidays Off to Good Start

Last Shopping Weekend for Holidays Off to Good Start

Shoppers filled malls as well as department stores on the holiday season’s last weekend prior to Christmas. The weather has cooperated to help increase the prospect for a strong finish to this year’s holiday shopping season that... More of this article »
Image for German Gas Deal Killed by Russian Crisis

German Gas Deal Killed by Russian Crisis

Fallout continues to spread from the crisis in Russia with a big gas deal involving Germany being cancelled. BASF said it dropped its plans to hand complete control of its gas trading and storage business to Gazprom from Russia in... More of this article »
Image for Create Your Ecommerce Website With Magento

Create Your Ecommerce Website With Magento

To create web-based stores merchants use various e-commerce platforms. Indeed, there are lots of tools aimed at helping e-commerce merchants built online stores, manage their content and process online transactions. With this huge... More of this article »
Image for BlackBerry Launches New Smartphone the Classic

BlackBerry Launches New Smartphone the Classic

On Wednesday, BlackBerry unveiled its newest mobile handset device, which is made with the same qualities the smart phone maker traditionally uses with features like a track pad and a physical keyboard. The new device is called the... More of this article »
Image for Uber’s Driver Screening to Tighten After Alleged Rape in Delhi

Uber’s Driver Screening to Tighten After Alleged Rape in Delhi

Uber is planning to tighten the driver screening in its ride service after a scandal emerged over an alleged rape last week by a New Delhi driver. Uber’s service is already banned in many places including in Delhi. Uber states that... More of this article »
Image for Merck & Co Acquiring Cubist Pharmaceuticals

Merck & Co Acquiring Cubist Pharmaceuticals

Merck & Co is set to acquire antibiotics maker Cubist Pharmaceuticals in a deal that is estimated to be between $7 billion and $8 billion. A report cited a source that said Merck would pay Cubist close to $102 a share with an official... More of this article »
Image for Automakers Sales Increased in November in the U.S.

Automakers Sales Increased in November in the U.S.

Automakers in the United States beat the blahs of Black Friday that hit some other retailers by producing strong sales on cars and light trucks as the consumer jumped at the deal for the holiday season. General Motors, Chrysler Group... More of this article »
Image for Pilot Strike at Lufthansa into Second Day

Pilot Strike at Lufthansa into Second Day

Lufthansa pilots started their second day of strikes on Tuesday that grounded cargo and long haul flights as well as to European and domestic routes, with thousands of travelers being stranded. The pilot strike of two days, the ninth... More of this article »