Research: U.S. economy will continue slow road to recovery

(PhysOrg.com) -- After surging in the last quarter of 2009, the U.S. economy will continue to recover at a fairly steady moderate pace this year before picking up a bit more next year, say University of Michigan economists.

New research counters risky image of popular financial investments

(PhysOrg.com) -- They have been called "financial weapons of mass destruction" and blamed for a number of catastrophic losses and bankruptcies. New research by a finance professor at Virginia Tech's Pamplin College of Business, ...

Soros: Climate financing dispute could wreck talks (Update)

(AP) -- The $10 billion a year proposed by rich nations to help the poor adapt to climate change is "not sufficient" and the gap between what's offered and what's needed could wreck the Copenhagen climate conference, American ...

The future of private equity

Although global private equity markets have fallen on hard times, reports of their imminent demise are greatly exaggerated. So says Steve Kaplan, a widely recognized authority on entrepreneurial finance and corporate governance ...

Failing the sniff test: Researchers find new way to spot fraud

Companies that commit fraud can find innovative ways to fudge the numbers, making it hard to tell something is wrong by just looking at their financial statements. But research from North Carolina State University unveils ...

Africa world's fastest growing mobile phone market

(PhysOrg.com) -- Mobile phone subscriptions in Africa have defied the world economic crisis by growing faster than in any other region of the world since 2003, according to a United Nations report published yesterday.

Sun cutting up to 3,000 jobs as awaits Oracle deal

(AP) -- Sun Microsystems Inc. plans to eliminate up to 3,000 jobs, or 10 percent of its worldwide work force, as it awaits a takeover by Oracle Corp., a deal being held up by antitrust regulators in Europe.

Nokia posts loss of $832 million in third quarter

(AP) -- World-leading mobile phone maker Nokia Corp. on Thursday reported a loss of euro559 million ($832 million) in the third quarter, taking hits from a 20 percent drop in sales and a one-time charge for the fallen value ...

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