Business

Durable goods turnaround 1.1% in May

Demand for durable goods rose in the United States, climbing after a two month decline in May, the government said.

Caterpillar’s headquarters to go in for refurbishment

Caterpillar Inc’s 45-year-old headquarters in Peoria are all set to don a new look.

First Fukushima seafood hits markets since nuclear crisis

Apart from the devastating human toll, the earthquake and corresponding tsunami in Japan last March severely damaged the nation’s vibrant seafood market.

Breastaurants offer sumptuous food too

In advertising, sex sells. Over the years, the blatant display of the female body to make a big buck has expanded to numerous businesses. Strange it may sound, but the restaurant business is no exception. Just that the name of the industry has been changed from restaurant to ‘breastaurant’.

GM issues Chevy Cruze recall amid fire fears

Detroit based General Motor Co. (GM) is recalling more than 475,000 Chevrolet Cruze models citing the risk of a possible fire engine in the popular compact car.

Labor market freezing! Career Openings on a downslide in US?

U.S. Labor market balances precariously at the edge of the precipice. The Labor market starts to freeze as there is a maximum fall in job opportunities in this April, in the U.S as compared in the last 4 years. The “fire them“ policy was at an upswing and hiring was at the pace of the tortoise. U.S is in the grip of a firm recession.

“Harry Potter” series now available in Kindle Owners' Lending Library

If you own a Kindle, get ready to join the Pottermore journey! Thanks to Kindle Owners' Lending Library, the entire Harry Potter series is now available to all eligible U. S. Amazon Prime members.

Now a formula to predict a film's box office success!

For years, the film industry has relied solely on surveys and focus groups to project a film’s likely success. But is there a new way? Apparently yes!!

Nokia to slash 10,000 jobs

To cope with a tumbling market that is exhausting the company's earnings, Finnish cellphone maker Nokia declared its intentions to cut 10,000 jobs or 19 percent of its workforce by the end of 2013.

CEO's sudden resignation from Espirit results in fatal fall in shares

Espirit Holding Limited

The decline of shares of Espirit Holding Limited has a traumatic effect on global textile chain.

The share price of the well known manufacturer of apparel, footwear, accessories, jewelery and house

Berkshire Hathaway to augment fleet of NetJets

The private-jet market may be reeling under severe recessionary conditions; however Warren Buffett's Berkshire Hathaway Inc appears to be unscathed.

Eastman Kodak files for auction of its 1,100 patents

The besieged Eastman Kodak intends to resort to a confidential auction for its 1,100 patents after it failed to draw a lead bidder.