Federal Reserve: ECB didn’t understand the eurozone crisis and is incoherent
Federal Reserve accused the European Central Bank (ECB) of creating a state debt crisis that could have been …
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Chevron profit dropped by 26 percent in the second quarter
Chevron (NYSE:CVX), the second largest global energy company by market capitalization, recorded a decline of 26% of net …
Facebook stock surpassed for the first time the listing price of 38 dollars
Facebook (NASDAQ:FB) shares rose nearly 8 percent Wednesday from the day before, reaching $38.31, exceeding for the first time …
Siemens CEO, Peter Loescher, replaced by Joe Kaeser
Peter Loescher, chief executive officer of the German group Siemens, was replaced Wednesday by chief financial officer Joe …
Facebook plans to introduce TV-style ads
Facebook Inc. plans to introduce TV-style ads similar to TV networks, a strategy that would bring social network …
Facebook attracts more young people in prime time than major TV networks
Facebook, the largest social network in the world, is attracting more people aged between 18 and 24 years …
Publicis Groupe – Omnicom merger will create world’s largest advertising company
Publicis Groupe SA (OTCMKTS:PUBGY) and Omnicom Groupe Inc. (NYSE:OMC), two of the biggest advertising companies in the world, …
Fiat cut profit estimates for Chrysler
Fiat has reduced profit estimates for its Chrysler U.S. division and will focus on reducing the losses in …
U.S. changes the methodology for calculating the GDP
U.S. Bureau of Economic Analysis will change the methodology for calculating the GDP this week to include components …
Amazon announces 7000 new jobs in the United States
Amazon.com Inc. announced this morning that it will add over 7,000 new jobs in the United States, of …