Hot Business Topics
Mattel Inc. says strong holiday demand for toys including Barbie, Hot Wheels and American Girl helped push its fourth-quarter net income up 14 percent.
The holiday quarter is crucial for toy makers, who can make up to half of annual sales during the period.
The No. 1 U.S. toy maker reported Tuesday that its net income rose […]
Filed under: business, interest rate by Forest
Comments Off
Greece’s prime minister and the leaders of the three parties backing his coalition government have concluded a nearly three-hour meeting discussing the country’s negotiations with its creditors.
Premier Lucas Papademos released a statement after Sunday’s meeting, saying he and the party leaders were in “complete agreement” over the positions to adopt in subsequent talks toward a […]
Filed under: finance, interest rate by Forest
Comments Off
A spokeswoman for the U.S. Embassy in Nigeria says a U.S. citizen kidnapped in the country’s oil-rich southern delta has been released.
Spokeswoman Deb MacLean told The Associated Press on Friday the man had been released. She declined to offer any other information.
Police previously said the attack happened in Warri, the capital of Delta state. The […]
Filed under: banks, technology by Forest
Comments Off
Passengers stepping out of London Bridge tube station cannot help but crane their necks to gaze at the jagged tower under construction: The Shard is the tallest building in the European Union and looks like a slice of glass balanced on the edge of the financial district.
When the tower opens next year, visitors to the […]
BlackBerry maker Research in Motion’s co-CEOs, Jim Balsillie and Mike Lazaridis, announced they have stepped down as co-CEOs and co-chairmen of the once-iconic company that has struggled to compete in recent years.
The RIM founders have been replaced by Thorsten Heins, a chief operating officer who joined RIM four years ago from Siemens AG, RIM said […]
Filed under: Uncategorized, money by Forest
Comments Off
The cruise ship grounded off Tuscany shifted again on its rocky perch Friday, forcing the suspension of diving search operations for the 21 people still missing and raising concerns about the stability of the ship’s resting place.
However, crews began combing the area above the waterline in the evening after officials determined the ship had stabilized […]
A young Moldovan woman who says she was called to the bridge of the stricken Costa Concordia to help evacuate Russian passengers defended the embattled captain on Thursday, saying he worked tirelessly and “saved over 3,000 lives.”
Domnica Cemortan, who says she was translating Capt. Francesco Schettino’s orders during the frenzied evacuation, has emerged as a […]
Filed under: Uncategorized, interest rate by Forest
Comments Off
Markets advanced further Wednesday on hopes the International Monetary Fund would get more money and as Greece resumes discussions with private creditors to get them to agree to reduce the value of their holdings of Greek debt.
Following a breakdown of talks last Friday, investors remain nervous about what may happen, though sentiment has been shored […]
Filed under: legal, management by Forest
Comments Off
Face recognition and detection technology is becoming cheaper, faster, and much more commonplace, raising the question of whether people will be able to remain anonymous in the near future.
Digital signs and sensors that detect and recognize faces are no longer a matter of science fiction. They are real and are popping up everywhere from […]