20 US states plan to raise their minimum wage starting on January 1st, 2021. Some states like Minnesota and Florida will increase the minimum wage by just a few pennies, while others — >>
economy News
Spending on consumer electronics will climb to $1.1 trillion in 2013
According to the Consumer Electronics Association, worldwide spending on consumer gadgets will reach $1.1 trillion in 2013. The CEA, which organizes the Consumer Electronics Show set to kick off on Tuesday, said global >>
Samsung head tells employees to brace for stiff competition, weak economy this year
Samsung recently warned employees at its South Korea headquarters that the company will face stiff competition amid a weak economy this year. “The global economy’s low-growth trend will continue and uncertainty surrounding the >>
Sony blames Q1 net loss on earthquake, economy
Sony reported its fiscal first quarter results on Thursday and recorded a net loss of 15.5 billion Yen ($198.7 million). The company attributed the loss to the earthquake that struck off the coast >>
Weekend rabble-rousing: Web sales tax bill may end free ride for eBay, others
The Rockefeller Institute, a research group tied to SUNY, said that sales taxes took a 6.1 percent dive in Q4 of 2008 and Q1 of this year was even worse. Given the current >>
Najmi Jarwala steps down from his position as President of Sony Ericsson USA
Sony Ericsson announced today that Najmi Jarwala has resigned from his position as President of Sony Ericsson USA and Head of Region North America (US and Canada). Mr. Jarwala will be leaving his >>
Verizon Wireless in the midst of laying off employees?
Despite solid Q4 2008 earnings, Verizon Wireless is apparently not layoff-proof in this struggling economy but then no company is. Rumor has it that Verizon is in the process of an unannounced work >>
AT&T claims 1.9 million new iPhone 3G activations during Q4 2008
First things first: 1.9 million activations is nothing to scoff at. It’s a huge number, and represents AT&T and Apple’s unquestionable success in the smartphone arena. Including the 4th Quarter results, the company >>
