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Groupon reports 4Q loss, higher revenue

February 8, 2012

Online deals site Groupon, reporting for the first time as a public company, says its fourth-quarter revenue rose sharply, but it lost money.
Groupon Inc. said […]

legal, loans - Comments closed

Which pays better: Government or private sector?

January 31, 2012

Which is the better gig: The federal government or the private sector?
It depends in part on education levels, according to a report put out […]

USA, money - Comments closed

Battery maker Ener1, a DOE grant recipient, goes bankrupt

January 29, 2012

Electric car battery maker Ener1 filed for bankruptcy Thursday, three years after receiving a $118.5 million grant from the U.S. government.
Ener1 (), which makes […]

USA, online - Comments closed

Asia stocks mostly up following French bond issue

January 17, 2012

Asian stock markets were mostly higher Tuesday, buoyed by a successful sale of French government bonds and shrugging off data showing that China’s growth is […]

USA, online - Comments closed

France loses top credit rating, govt says

January 13, 2012

The French finance minister said Friday that Standard & Poor’s had stripped the nation of its top-notch credit rating, again throwing Europe’s ability to fight […]

business, mortgage - Comments closed

The widening pay gap on Wall Street

January 11, 2012

Most people on Wall Street will be getting smaller bonus checks for 2011 — except for the elite bankers.
In a year when bonuses […]

Uncategorized, money - Comments closed

Boeing to close Wichita plant with 2,160 jobs

January 4, 2012

The Boeing Co., for decades the brand that helped support Wichita’s claim as the aviation capital of the world, announced Wednesday it will shut down […]

Uncategorized, term - Comments closed

El-Erian: No Appetite to Raise Rates in 2012 - Bloomberg

January 3, 2012

Policy makers are unlikely to raise borrowing costs in 2012, with benchmark rates to stay at or close to zero in the U.S. and Europe, […]

finance, news - Comments closed

On 10th anniversary, euro takes blame for economy

December 31, 2011

Just three years ago, the euro was being praised as the can-do currency that had delivered unprecedented prosperity in Europe.
Now, it’s widely derided as a […]

loans, mortgage - Comments closed

LCD screen makers settle price-fixing lawsuit

December 28, 2011

ALBANY, N.Y. • Seven companies based in Asia will pay $553 million to settle claims by officials in eight states that they conspired to inflate […]

economics, news - Comments closed