China to Balance
December 31st, 2011
Hot Business Topics
Companies cranked out more goods in December and pending sales of existing homes jumped in November for a second month, pointing to a pickup in U.S. economic growth as 2011 comes to a close.
The Institute for Supply Management-Chicago Inc. said today its business barometer (CHPMINDX) was little changed at 62.5 from a seven- month […]
Filed under: management, technology by Forest
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President Barack Obama said he will nominate two former U.S. Treasury Department officials for the Federal Reserve Board, including one who served in a Republican administration.
Jerome Powell, an attorney who was a Treasury undersecretary for former President George H.W. Bush, and Jeremy Stein, a Harvard University economist who has advised the current administration, are […]
Filed under: banks, interest rate by Forest
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Insurance giant Aon has agreed to pay more than $16 million in fines to settle charges that its subsidiaries bribed foreign government officials, the Securities and Exchange Commission announced Tuesday.
Aon will pay $14.5 million to the SEC and $1.7 million to the Department of Justice to settle alleged violations of the Foreign Corrupt Practices […]
The past 12 months in law and technology were exceptionally active, with legislative battles over privacy and copyright, near-continuous controversy at the CRTC, and an active Supreme Court of Canada docket. A look back at 2011 from A to Z:
A is for the Amazon one-click patent, which is at the centre of a long-running fight […]
A year ago, economists Ken Matheny and Gary Thayer were both optimistic about 2011. Going into 2012, they’re decidedly less so.
“You have a lot of things coming along in early 2012 that really slow the economy down,” says Matheny, of Macroeconomic Advisers in Clayton.
The biggest problems are the sovereign debt crisis in Europe and a […]
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First Solar Inc. on Wednesday cut its earnings and revenue estimates for 2011 due to weather delays and other unspecified issues with some company projects.
The Tempe, Ariz. solar manufacturer said it expects to earn between $5.75 and $6 per share on revenue of $2.8 billion to $2.9 billion in 2011. That’s down from an already […]
AT&T Inc. and the Justice Department have agreed to put off their upcoming antitrust trial over the phone company’s proposed acquisition of smaller rival T-Mobile USA while the wireless carriers determine the fate of the deal.
U.S. District Judge Ellen Segal Huvelle quickly approved their motion Monday to cancel their February trial and set a Jan. […]
Filed under: loans, technology by Forest
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