Business. The latest news about business ideas, tips, in-demand products and services, and matters related to the business field are in this category. This covers local and international businesses.
Cebu Pacific Airlines, the Philippines low-budget carrier had signed a Memorandum of Agreement to buy 37 new airbus jets worth $3.8 Billion according to the press released announced yesterday, Thursday by the company’s President and CEO Lance Gokongwei. The purchase was the single biggest order by a firm with 30 units of Airbus A321 NEO … Read more
Coca-cola, Ford Motor and AT&T were three major sponsors of American Idol Season 10. American Idol allowed the three companies to create campaigns for the duration of the show. AT& T was the sure winner of branded names that was integrated in American Idol programs. The telephone giants were responsible for the text votes for … Read more
According to the new law implemented in 2010, debt settlement companies are forbidden from taking up-front fee. The companies are not permitted to promote the services that they won’t be able to provide. This new law was implemented to safeguard the consumers from illegal practices of the debt settlement firms. These companies charge huge fees … Read more
Johnson & Johnson was fined $70 million by the United States authorities on Friday due to bribing doctors in Europe as well as paying kickbacks for the contract from United Nation’s relief program in Iraq. Since 1998, the giant company for cosmetics and drugs was paying the doctors and administrators in the country of Greece, … Read more
Spotify, one of the websites that caters music service online proudly announces that they were able to hit 1 million paying subscribers. Such accomplishment is now considered to be a milestone for the company. Their online customers keep on enjoying their service and according to the company’s Chief Executive Officer who is Daniel Ek, there … Read more
Out of blending breast milk with Madagascan Vanilla pods and lemon zest, “Baby Gaga” – a breast milk ice cream was born. Offered by this new London ice cream parlor, British customers have been enjoying each scoop by paying the price of £14. Such unique idea started on sale Thursday at an icecreamists parlor situated … Read more
It has been reported that the U.S economy growth has been enhanced after a severely devastating period of recession. The economic growth of U.S gained acceleration in the last three months of previous year 2011. The rate for this increase is 3.2% or correspondingly a 0.78% quarterly increase. This rate is compared to the annual … Read more
Bank of America has suffered yet again a loss of $1.2 billion. It is the second straight quarterly loss for the Bank. This loss is driven by a $2 billion write-down of its mortgage business. The Bank of America has reported this loss in the last three months of year 2010. The bank suffered a … Read more
Call center nowadays are very popular among Western companies that are using foreign-based agents to answer their queries. Call Centers are centralized office wherein the company’s inbound calls are received and outbound calls are made. For the past few years India tops among countries as the preferred destination for call center company’s operation but until now. … Read more
Apple Inc., the maker of hit products such as Macintosh, iPod, iPhone, iMac, and the latest addition iPad is now worth more than $300 billion in market capitalization second only to the most expensive oil company, ExxonMobil $376 billion worth. Apple’s Milestones included the $20 billion dollar revenue for the fourth quarter of 2010. The company boasts sales of 3.89 … Read more
