News tagged with economic crisis

Explained: Knightian uncertainty

The global economic crisis of the last two years has stemmed, in part, from the inability of financial institutions to effectively judge the riskiness of their investments. For this reason, the crisis has ...

Jun 02, 2010
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Online ad sales rose 7 percent to $5.9B in 1Q

(AP) -- Internet ad sales are on the mend as first-quarter revenue rose 7 percent, marking the second straight quarter of increase, according to the Interactive Advertising Bureau.

May 13, 2010
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US clears Cisco-Tandberg deal

The US Justice Department on Monday approved Cisco's 3.4-billion-dollar purchase of Norwegian video conferencing company Tandberg, saying it would not hamper competition.

Mar 29, 2010
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Global Fund seeks cash to fight AIDS, TB, malaria

(AP) -- A global group funding the battle against AIDS, malaria and tuberculosis in impoverished nations worldwide is urging donors to keep paying for the fight even as the economic crisis forces budget cuts.

Mar 24, 2010
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Poll shows less fear on health care overhaul

(AP) -- With President Barack Obama's health care overhaul in limbo, Americans' fears about its effect on them eased in January, according to a poll released as the president tries to revive sweeping Democratic legislation.

Feb 24, 2010
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Taiwan Acer's 2009 profit down 3.54 percent

Taiwan's Acer Inc, the world's second biggest computer vendor by revenues, said Wednesday that its profit for 2009 edged down just 3.54 percent from a year ago despite the global economic meltdown.

Feb 10, 2010
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Sony books $870mln quarterly profit

Japanese electronics and entertainment giant Sony Corp. Thursday announced a third-quarter net profit of 870 million dollars, a result it said "significantly exceeded expectations".

Feb 04, 2010
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