Monthly Archives: July 2012

Obama Presses Republicans on Tax Issues

  WASHINGTON  – President Barack Obama on Saturday blamed the Republicans for promoting a situation where Americans will be required to pay increased taxes next year. In the GOP response, a senator accused Obama and the Democratic Party of alleged obstructionist intent, putting the bulk of the tax burden on Read On..

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5 key aspects that should shape your company’s PR campaign

Whether you are a company that is just starting to find its feet in the market or one that is established, in this time and age managing your PR is simply a must to ensure that success follows. And while that is a simple enough truth to realize, the complex Read On..

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Apple Improves iCloud for Mountain Lion

SAN FRANCISCO – Apple released the latest version of its operating system for Macintosh computers on Wednesday, introducing new features such as better integration with the storage and network game service “iCloud” at the same time. The Mac OS X 10.8 Mountain Lion was released one day after Apple published Read On..

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Geithner Defends His Actions on Libor

WASHINGTON – The secretary of the U.S. Treasury, Timothy Geithner, is under pressure for not doing enough to stop the fraudulent manipulation of Libor. Geithner told lawmakers on Wednesday that he alerted the appropriate authorities as early as possible. Geithner said he realized the problem in 2008 when he was Read On..

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Oil Prices Rise by 0.53%

NEW YORK – Crude oil prices in the United States rose for the second time last Wednesday. Due to this rise and concerns about the situation in the Middle East, the Fed has decided to act on a more economically effective stimulus. Crude oil prices for September rose to $0.47 Read On..

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Actinver Profit Falls 45% from January to June of 2012

  MEXICO CITY – Actinver Corporation’s net profit fell by 45% in the first half of 2012 after investing heavily in infrastructure, new product development, and strategic acquisitions. The company suffered similar losses for the same period in 2011. According to a statement sent to the Mexican Stock Exchange, the Read On..

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Nintendo Recorded Lower Losses in Profit

TOKYO – Nintendo, the largest maker of video game consoles in the world, reported losses in its fiscal first quarter due to a stronger yen and product discounts. The franchise creator of Super Mario however stuck to its forecast of having net profits that amount to 35 billion yen (447 Read On..

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New York Times Abandons Its BlackBerry App

  NEW YORK – Users of Research in Motion’s BlackBerry will not be able to use the official application of the New York Times to read news on their cell phones anymore, a new blow against the manufacturer of smartphone that was considered an essential tool for people in business. Read On..

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Cuba’s Economy Experiences 2.1% Growth

HAVANA, Cuba – Cuban President Raul Castro closed the first of two regular annual sessions of Parliament by reporting a 2.1% growth in Cuba’s economy in the first half of the year. Cuban Minister of Economy and Planning Adel Yzquierdo said the result can be seen as a favorable performance Read On..

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1,300 Jobs Lost to Cisco Restructuring Plans

NEW YORK (Reuters) – Popular US manufacturer of network equipment Cisco Systems stated on Monday that it plans to cut about 1,300 jobs as part of the ongoing effort to restructure the company and evaluate the feasibility of various markets around the world. “We are currently implementing a targeted set Read On..

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Shooting Affects Batman Box Office Sales

  LOS ANGELES, California – Warner Bros. Studios said Monday that their film, “The Dark Knight Rises”, grossed 160.8 million dollars at the box offices in United States and Canada during the weekend debut. The statement was released after the violent shooting in one of the film’s midnight screenings in Read On..

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Home Depot Launches Express Format

  As part of its strategy to reach more consumers, Home Depot Mexico opened a new store using its Express format in San Juan del Rio, Queretaro. This is number 92 in the company’s retail chain, requiring an investment of 100 million pesos for 2,000 square feet of floor space Read On..

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