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Archives by Year:
“Bey”by got Back!
It’s been a big year for the beloved vocal powerhouse, Beyoncé Knowles. She’s returning to NOLA, headlining the 2013 Essence festival. This will be Knowles’ third highly publicized performance of 2013. The Essence Music Festival, which has happened every 4th of July weekend since 1995, is the biggest celebration of African American music and culture […]
‘Made in’ labels raise controversy in Europe
The European Commission has announced plans to demand global manufacturers importing goods into the EU to apply a ‘made in’ label to all their products or risk sanctions. The World Trade Organisation is a staunch critic of such labels which it describes as making little sense in a world of globalised supply chains. Similar regulations […]
Rejoice, Google Stockholders!
Heads are being held high in the offices of Google, Inc. as of late. Google’s stock rose 2.6% on February 1, closing at a record $775.60. This surpassed Google’s previous all-time high of $774.38, which it reached in October 2012. The company is also expected to be nearing the end of a three-year antitrust investigation […]
Britain’s electrified ring fence
The British chancellor has proposed a ring fence separating high-street retails banking from investment banking branches within institutions will need to be ‘electrified’ with severe sanctions. Osborne will publish the Banking Reform Bill giving regulators the power to split banks up if they do not comply fully with new rules designed to protect British taxpayers. […]
China proposes development zones for business in US
China has been planning a proposal to convert over $1tn of Chinese-owned land in the US into ‘development zones’ that could see the establishment of Chinese business and citizens in North America. The proposal would mean China would own American businesses, infrastructure and valuable land. In exchange for the investment the US government would guarantee […]
Amazon reports disappointing holiday sales
In the final quarter of 2012, the most important for retailers, the online shopping giant’s revenue grew by 22 percent to $21.3bn, about $1bn short of Wall Street forecasts. Reported holiday sales in the US were disappointing across the board, despite growth of 14 percent, according to ComScore, a research group. Amazon profits have diminished […]
The Soda Battle of NYC
New York City’s recent passing of a ban on the sale of sugary drinks in containers exceeding 16 ounces has caused uproar that has echoed far beyond the five boroughs. But the outcries are not just coming from Coca-Cola and fanatic soda drinkers. The NAACP and the Hispanic Federation have joined in support of a […]
Fishing in the Fishbowl of Facebook: A Perspective on Third Party Apps Gone Rogue
Say what you’d like about Facebook- but 10% of the world has one (a staggering statistic, especially considering that most websites only have a fraction of one percent of the world’s population or less). However, as it has spread, has it really managed to become a vacuum of the internet, one that combines all aspects […]
Apple stocks drop 10% after growth concerns
The share drop came in the wake of Apple’s December results were announced. The company sold 47.8m iPhones in the three months to December, a year-on-year increase of 78 percent; revenues were up 18 percent to $54.4bn. However, the results fell significantly short of analysts’ expectations. Investors have expressed disappointment, in spite of reported net […]
Britain’s big question: In or out?
In a long awaited speech, UK Prime Minister David Cameron has promised an in-out referendum on the country’s membership in the EU should his Conservative Party be returned to power following the next general election. Cameron said that the UK government will attempt to negotiate a new settlement with other European countries before putting the […]
