In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community.
Author: admin
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
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UPS REVENUE SHRINK SIGNALS SLOWDOWN
Global package handler UPS posted revenue 5.3 percent lower in this year’s first quarter than the same period a year earlier.
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PEPSICO REPORTS HIGHER PROFITS ON LOWER SALES VOLUME
PepsiCo reported first-quarter sales revenue 2.3 percent above those a year earlier to $18.25 billion, beating analysts’ forecasts, even though sales volume dropped 2 percent during the period.
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HOSPITAL PRICES AND PATIENTS PAY MORE AFTER MERGERS
After hospitals merge, their prices for patient care rise and patients indirectly are handed a large share of the higher bill, according to a study published 24 April by the American Economic Review.
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WHITE-COLLAR HIRING HAS STALLED
The rate of hiring in accounting, finance, law, media, professional services, and technology is only about a third of that for the labor market as a whole, Bloomberg reported.
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INFLATION HOLDS, GROWTH SLOWS IN FIRST QUARTER
The U.S. economy grew by 1.6 percent in this year’s first quarter, adjusted for inflation, the commerce department reported.
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SECRET TO LONGER LIFE: STOP EATING SO MUCH?
As millions of people around the world try to extend their lives for as long as humanly possible, research is beginning to shed some light on how caloric restriction could play an important role in not dying.
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‘ERA OF PEACE IS OVER’ IN EUROPE, TOP UKRAINIAN DIPLOMAT SAYS
Dmytro Kuleba, the Ukrainian foreign minister, said last week that Europe needs to come to terms with the fact that the “era of peace” on the continent is over and it is high time for countries to ramp up military production for war with Russia.
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U.S. WARNS IRAQI GOVERNMENT NOT TO STRIKE FORCES STATIONED IN REGION
The Pentagon issued a clear warning last week to the Iraqi government that it must “ensure the safety” of American troops stationed in the region as U.S. bases begin being targeted again for the first time in weeks due to Washington’s unyielding support for Israel.