Category archives for: Business

Recalls Push Toyota to Assess Quality Experts’ Report

Japanese giant car maker Toyota Motor Corp. will look into an evaluation of its standard quality done by four external specialists to improve the company’s quality, which has been criticized after it recalled over 8.5 million cars worldwide for defective parts since October of 2009.

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Microsoft ‘s Q4 2010 Revenue Soars

Washington-based Microsoft Corp.’s net earnings increased by 48 percent in the previous quarter after it sold over 175 million licenses of Windows 7, its latest version. Microsoft said in a statement that the company saw an “exceptional” demand for Windows 7.

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Clinton Visits Pakistan to Hasten Mango-Driven Diplomacy

Indian mangoes from Pakistan may soon enter the American market as US Secretary of State Hillary Clinton proposed to hasten the importation of the fruits from this South Asian country. Clinton was in Islamabad recently to hold talks with its leader as part of Pak-US Strategic Dialogue.

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Unorthodox Internet Searches on Job hunters

When on a job interview, the would-be employer may run through the usual job questions and then a common interest can be part of the conversation. It can be advantageous for the applicant at first but then realize that it was too much of a coincidence.

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US Jobless Benefit Claims Fall

New claims for jobless benefit decreased by 3,000, according to the US Labor Department. The data is pegged at the seasonally adjusted 456,000 record.

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Global Companies Banking on Chinese Spending Power

Foreign companies see positive growth in Chinese consumer power. Following the recent wage hikes in Chinese factories, global businesses are eyeing the extra money for spending of Chinese workers.

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Tesco Ceo Leahy Retires

Tesco chief executive Sir Terry Leahy announces his retirement on March 2011. Tesco is a global retail powerhouse known for its international presence.

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Upscale Burger Chains Grow Despite Weak Economy

The Five Guys Burgers and Fries records growth amidst negative US economy. The burger chain provides a twist on the regular hamburger with its two-patty, French fries combo served on the side.

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BP Should Pay for Clean-Up, Says Obama

US president Obama insisted that BP pays the costs of clean-ups and meets economic claims brought about by the oil spill in Gulf Mexico. Obama gave his piece on the matter to British Prime Minister David Cameron.

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European Austerity Wave Meets Protests

Belt-tightening measures imposed by governments were welcomed with strikes and protest all over the continent.

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