The labor stoppage, commonly known as the strike, is a natural result of tension between labor and management. Management has always wanted work for as little compensation as possible. Labor has always wanted compensation for what it considers a fair day’s work. The gulf between the two has often caused violence and assassination
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Brazil’s Petroleo Brasileiro (NYSE: PBR), better known as Petrobras, has reached an agreement with the Brazilian government to pay $42.5 billion for the rights to produce 5 billion barrels of oil from government-owned fields offshore off Brazil. The nominal cost to Petrobras is $8.51/barrel; however, the company will not be required to pay the special [[ This is a content summary only
After a long period of unemployment and joblessness, which still has not ended, any upside to the jobs numbers at any point offers a helping hand and support to the stocks of companies that revolve around the jobs market. That is payrolls services, online job search destinations, career management, uniform makers, and even head hunters. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
During his interminable testimony before the Financial Crisis Inquiry Commission, Federal Reserve Chairman Ben Bernanke said that banks that posed a major risk to financial stability should be closed.
Samsung, one of the five largest cellphone manufacturers in the world, raised its forecast for 2010 unit sales to 25 million.
Family health premiums rose 3% to $13,770.
The media is filled with brand lists, most of them which are based on research which estimates the value of a given brand. It is hard to connect these valuations to the sales and profits of the companies which own them. Marlboro is one of the most valuable brands in the world–worth perhaps $50 billion.
If preview data about employment is any indication, the US government data should show a modest uptick in joblessness tomorrow. That would not be particularly surprising give the trend in weekly jobless claims and the recent data from ADP on private payrolls.
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users. It raises the question of whether there is wisdom in crowds
The recession, so economists say, is over. The recovery may be slow, but it is underway. Unemployment will drop slowly through the next few years and may fall under 9% in 2011.














