Business

World has started to enter the year 2012 with much hope and expectations as it bids goodbye to a tough year. So what is to be expected in the year ahead ? Will it provide some treatment to the global issues ? Fireworks, kisses and parties are welcoming the year 2012 across the world. But the wreaked economy is offering ... Read More »

Now, this threat is surly something the entire world will want to watch out for. Because stopping the Gulf oil supply could really create havoc over the already deadbeat world economy. This isn’t really an ordinary threat and will surely provoke oil dependent nations to trigger a military action against Iran. So, what is in this for Iran ? Iran ... Read More »

American Airlines and its parent company AMR Corp filed for bankruptcy on Tuesday after failing to win a labor deal with pilots and suffering from mounting fuel costs. AMR had been the only major U.S. carrier to avoid bankruptcy in the past decade. Its rivals used bankruptcy to restructure their labor agreements and cut costs. That left AMR, the third-largest ... Read More »

Indian IT companies are the world’s worst paymasters with their mid-to-senior level staff getting an average salary of $36,120 (about Rs 18.5 lakh) per annum – less than one-fourth of the IT pay package at globally top-paying Swiss companies, reveals a study titled ‘World wide IT Salary 2011′. The study, conducted by global recruitment service provider MyHiringClub.com, found that India ... Read More »

A U.S. regulator ordered JPMorgan Chase & Co to pay $3.62 million in fines and reimbursement for recommending investments linked to junk bonds to unsophisticated customers who might not have been able to take on the risks. The Financial Industry Regulatory Authority said brokers at Chase Investment Services Corp recommended that customers with little investing experience and “conservative” risk tolerance ... Read More »

During Zynga’s early days it gave out stocks to its workers to ensure encourage them to work harder for the company. Now the CEO seems to think that it was a bad move, now as Zynga is preparing to enter IPO. The Wall Street Journal said that Pincus, who gave out stock freely to keep top talent early on, developed ... Read More »

Look like the mainstream media can’t ignore the protests anymore. After almost 3-weeks of protest in Wall Street, the mainstream media finally decided to write a few lines about some “small” protest in Wall Street. All the mainstream media for some odd reason decided to shy from one of the most important news. A sit-in protest right in front of ... Read More »