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Verizon strike ends, workers agree to stop picketing for a month

Two months of intense strike and demonstrations, at Verizon, comes to an end, with the company and its union entering into a ceasefire for the next one month, confirmed company reports.45,000 Verizon...

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Tiffany shares jump by 9.4 percent at NYSE

Jeweler Tiffany & Co. climbed up by $5.90 in N. Y. Stock Exchange. The company declared a growth of 11 percent this year and owes its profit to mounting bullion prices and higher sales in the...

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Hurricane Irene causes losses worth more than $1 billion

The rubble and debris at the Caribbean are indicative of further scathing storms to cost businesses and properties this weekend, caution latest climatologists reports.Hurricane Irene already accounts...

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Consumer spending increases more than earlier predictions

Consumer spending grew higher but wasstill lower than the savings, in July. The savings rate plunged to the lowest since March, to remain at 5.5 percent.U.S. consumer spending rise more than the...

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Federal Govt. files suit to prevent AT&T and T-Mobile merger

The state Department of Justice on Wednesday filed a suit to halt AT&T's proposal on buying T-Mobile USA. The department claimed that the amalgamation, if takes place, would cut down competition...

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Yahoo stock gains 5.4 percent as CEO Bartz resigns

Owing to multiple fallbacks in the company’s growth Yahoo CEO Carol Bartz, abiding by the Chairman’s orders, had to resign, confirmed latest biz reports.Yahoo! Inc. Chief Executive Officer, Carol Bartz...

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Google buys Zagat Review, eyes local businesses

Zagat Survey LLC, a popular review and ratings service, is now owned by Google Inc. Zagat is most known for its burgundy-colored restaurant guides. Analysts suggest that the new acquisition could...

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Storm leads to biggest loss in revenue to Atlantic City casinos

As last month’s hurricane Irene in the East Coast continues to take a toll on houses and businesses, resulting in losses worth billions and claiming seven lives; the aftermath of storm for the Atlantic...

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Obama’s job plan generates mixed response

Even as U.S. govt. includes tax-cuts for employers in its job plan, a recent survey found that small businesses are still not coming forward for fresh hiring.President Barrack Obama’s new job plan -...

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Storm-wrecked cars to hit used-car market

After Hurricane Irene drenched the State last month, receding floodwaters have surfaced tens of thousands of storm-wrecked cars. These cars are ready to hit the second-hand car market by next month.In...

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Casino workers resume work despite an unsettled deal

From Thursday onwards, Atlantic City workers will resume their work, without contracts though talks to resolve the differences are on, confirmed both casino employers and the worker union.As the...

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NJ solar credits plunge after supply exceeds market demand

State energy reports indicate credit values in the solar energy market have nosedived after the supply surpassed demand, as the projects awarded to the energy businesses over flooded in the recent past...

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Social media tycoons rule Forbes richest 400 list

Top Social media tycoons top the Forbes list of America’s richest 400 citizens this year. But all the more thrilling is the fact that amongst those who have made it to the list, six billionaires are...

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Netflix suffers 26 percent loss in its shares this year

As per the latest analysis of the experts, Netflix’s business may gradually exit after its decision to separate its DVD operation from the flagship streaming service.This decision will certainly...

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Chubb reports disaster losses up to $475 million in 3Q

The insurer of posh homes and corporate properties, Chubb Corp, has calculated $400 to $475 million in damages led by the most recent Hurricane Irene which struck the nation last month.The...

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Google Chairman critisizes China for harbouring piracy

Google's Chairman Eric Schmidt certainly does not have any kind words to say for China in his new book.In his upcoming book, titled ‘The New Digital Age’, Google Chairman Eric Schmidt has severely...

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Goodyear, USW Reach Tentative Agreement

AKRON, Ohio, July 29, 2013-- The Goodyear Tire & Rubber Company (NASDAQ: GT) and the United Steelworkers (USW) have reached tentative agreement on a new master contract covering about 8,000...

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BioDelivery Sciences Announces Regulatory Approval of ONSOLIS in Taiwan

RALEIGH, N.C., July 29, 2013- BioDelivery Sciences International, Inc. (Nasdaq: BDSI) announced the regulatory approval of ONSOLIS in Taiwan for the management of breakthrough cancer pain in opioid...

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Photo Release -- Northrop Grumman Establishes Small Business Mentor-Protege...

BALTIMORE, July 29, 2013 - Northrop Grumman Corporation (NYSE: NOC) and Roane's Rigging and Transfer Company, Inc. have been approved by the Defense Contracts Management Agency to establish a credit...

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Teamsters Still Question Mexican Truck Safety Despite Court Decision

D.C. Circuit Court of Appeals Refuses RehearingWASHINGTON, July 29, 2013 - The Teamsters today questioned the safety of Mexican trucks after a federal court refused to rehear the union's challenge to...

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