Social responsibility of businesses questioned

When the Icelandic banking system was privatised in 2003, it inaugurated a period of furious expansion of both loans and risky investments. The bubble burst in 2008. At that time, the nominal assets of the three largest banks ...

Halloween spending hikes reveal our fascination with the macabre

In the gloom of the economy, with scary unemployment figures, you might expect consumers to be hiding from Halloween in their darkened homes with the porch lights off. But a recent National Retail Federation survey shows ...

New study supports link between inequality and crime

(PhysOrg.com) -- Compelling new evidence of a link between inequality and crime in England invites reconsideration of the individualistic 'tough on crime' stances of recent New Labour and Conservative governments - according ...

Germany's Infineon needs state guarantees: report

German chip maker Infineon is in negotiations with the government over state guarantees worth several hundred million euros (dollars), the Welt am Sonntag paper reported Sunday.

Yahoo sells HotJobs to Monster Worldwide for $225M

(AP) -- Yahoo Inc. crossed off another chore on its housecleaning list Wednesday with the proposed sale of online help-wanted site HotJobs to rival Monster Worldwide Inc. for $225 million.

39 percent of unemployed Americans are seeking work for 6+ months

Thirty-nine percent of unemployed Americans are experiencing long-term unemployment in the wake of the 2008 recession, which is more than double the percent unemployed more than six months but actively seeking work in 2007, ...

Why sending money to the neediest can boost the US economy

In response to the shock of the COVID-19 pandemic, Congress pumped trillions of dollars into the economy in the form of stimulus checks, expanded unemployment benefits, and targeted spending to bolster specific industries ...

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