December 2009

I’m a bit surprised that this is just beginning to be a trend… but nevertheless… A recent survey of business leaders, conducted by the Economist Intelligence Unit and commissioned by Accenture, revealed what those IT and business leaders are discussing in their closed-door budget meetings. The results hint at one thing when it comes to [...]

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I’m a bit surprised that this is just beginning to be a trend… but nevertheless… A recent survey of business leaders, conducted by the Economist Intelligence Unit and commissioned by Accenture, revealed what those IT and business leaders are discussing in their closed-door budget meetings. The results hint at one thing when it comes to [...]

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It should be noted that unemployment “stabilized” in November and if the trend continues, we should see the rebound starting to take place. Lawrence H. Summers, President Obama’s top economic advisor, predicted on Sunday that by the spring the ranks of working Americans will start to grow once again. via Summers Predicts Job Growth by [...]

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If technology and systems didn’t come so naturally, I really believe that I would have become an economist. I just find it fascinating. The “business information systems” major was such a perfect fit for my abilities, that I didn’t really think twice about selecting it when I was choosing my major at Lehigh. But, as I [...]

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Sunday's Business News

by Erik on December 13, 2009

in Weekly Roundup

Nakheel PJSC’s possible non-payment of its Islamic bond due tomorrow will trigger defaults on two other securities, bringing the total of affected securities to $5.25 billion, bond documents show. [Bloomberg] U.S. Commerce Secretary Touts Climate Change Policies – Commerce Secretary Gary Locke tells delegates at the United Nations Climate Change Conference in Copenhagen that nations must [...]

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Sunday’s Business News

by Erik on December 13, 2009

in Weekly Roundup

Nakheel PJSC’s possible non-payment of its Islamic bond due tomorrow will trigger defaults on two other securities, bringing the total of affected securities to $5.25 billion, bond documents show. [Bloomberg] U.S. Commerce Secretary Touts Climate Change Policies – Commerce Secretary Gary Locke tells delegates at the United Nations Climate Change Conference in Copenhagen that nations must [...]

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Job Drought in U.S. May Be Near End as Temporary Help, Working Hours Surge — The worst U.S. employment slump in the post-World War II era may be about to end as companies hasten to hire temporary workers and boost hours, according to economists such as John Ryding and Zach Pandl. [Bloomberg] G.E. Makes It [...]

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In the strongest jobs report since the recession began two years ago, the nation’s employers all but stopped shedding jobs in November, the government reported on Friday, and they appeared to be on the verge of finally rebuilding the work force. photo credit: pfala

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