Hollande Criticism Shows He Doesn
April 28th, 2012
Hot Business Topics
New Yahoo CEO Scott Thompson is the latest leader to promise a splashy turnaround — and though it’s an old party line by now, the earnings for his first full quarter on the job were upbeat.
Yahoo (, Fortune 500) pulled in 23 cents a share on $1.07 billion in sales for the first quarter, […]
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The number of people seeking U.S. unemployment benefits dropped last week, the latest evidence that the job market is strengthening.
The Labor Department says weekly unemployment benefit applications fell 5,000 to a seasonally adjusted 359,000. That’s the smallest number of applicants since April 2008. The four-week average, a less volatile measure, declined to 365,000.
The department also […]
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Unemployment, debt and a troubled housing market are plaguing families across the country, but for those in the armed forces, there is an even bigger burden to bear.
Often young and required to move frequently, many military families struggle to maintain a two-income household, find affordable childcare and save for the future.
Service members […]
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Alabama’s Jefferson County can go ahead with its $4.23 billion bankruptcy case, the biggest ever by an American municipality, a federal judge ruled.
Overcoming arguments by creditors that the county was ineligible for bankruptcy because it had the wrong type of debt, U.S. Bankruptcy Judge Thomas Bennett issued a ruling late Sunday in Birmingham, Alabama, […]
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The biggest five banks in the United States are too powerful and should be broken up, Dallas Fed President Richard Fisher said on Wednesday.
The financial crisis had left the five biggest banks even more powerful than before, he told an event in Mexico City.
“I believe personally that they should be broken up,” Fisher said.
Read […]
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A semiofficial Iranian news agency quotes a senior military commander as saying that Tehran will strike pre-emptively at its enemies, if it feels it is in danger.
The comments by deputy head of Iran’s armed forces Gen. Mohammed Hejazi were carried by Fars agency on Tuesday.
“We do not wait for enemies to take action against us,” […]
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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 […]
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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 […]
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