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The German Federal Labour Agency released a report on Thursday, saying that the number of people that do not have a place to work in the country fell unexpectedly in November.The seasonally- adjusted unemployment in Germany dropped by 53.000 to as low as 3.6 million, that is 8.6 percent of the working population.Germany’s economy, the...
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The French railways and the public transport system workers have entered the sixth day of strike, on Monday, as unions’ officials gave more and more signs that they would want to negotiate and put an end to the strike.The leaders of two trade unions that are involved in the strike declared that they were disposed to hold talks with...
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The French transport strike continues for the second day, on Thursday, in and around Paris, as the train service and public transport workers protested against the government’s pension reform proposal.The SNCF railway network declared that on Thursday only one of five high speed TGV trains operated, and one of three regional trains...
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The largest employer in the United States, Wal-Mart Stores Inc., announced it will provide employers with better health coverage and a flexible range of options/premiums. The 2008 health insurance, due to cover more than 1 million employees, offers plans ranging from an $8 monthly premium and $2,000 deductible for those who want covered...
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American low-cost airline US Airways announced Wednesday it plans to hire more than 350 new pilots and shift 140 others now flying regional routes to its mainline routes. The new pilots, who will be hired over the next 12 to 16 months, will fly US Airway's Embraer 190 planes. The move is being made primarily to fill spots vacated by...
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Chrysler LLC sought to overturn the criticism for Bob Nardelli's appointment as CEO with a surprise new executive: the U.S. automaker has managed to snatch a top executive from its archrival Toyota. He is James Press, the former president and chief operating officer of Toyota Motors North America, who has been with the Japanese carmaker...
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Advanced Micro Devices' chief executive of sales and marketing, Henri Richard, will leave the chipmaker in September. It's still unclear what triggered the leave, but it appears that he is to go of his own will. AMD has some financial problems following its merger with then smaller ATi, which may have put pressure on Richard."After...
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Pfizer Inc. hired Frank D'Amelio as its new Chief Financial Officer, immediately after he resigned his job as the Chief Administrative Officer of Alcatel-Lucent. D'Amelio quit Alcatel-Lucent together with Mike Quigley, president of science, technology and strategy, in the aftermath of the 2006 merger."When we announced the merger of...
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American airline Delta has chosen a new chief executive officer: Richard Anderson, the former head of Northwest Airlines Corp. Anderson is to leave his current post at UnitedHealth Group Inc., where he has been a vice president the past three years.His tenure will begin officially on Sept. 1st, when the current CEO, Gerald Grinstein, is...
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Qualcomm Inc. has announced that its general counsel, Lou Lupin, has resigned after the company has lost important legal battles and the prospects aren't looking good either for the upcoming lawsuits and injunctions. Carol Lam will hold the position until a suitable successor is found. Lam joined the mobile chip company in February this...
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.757 |
0.701 |
97.307 |
| EUR |
1.320 |
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0.926 |
128.479 |
| GBP |
1.426 |
1.080 |
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138.794 |
| YEN |
0.010 |
0.008 |
0.007 |
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| Symbol | Last | Change | | Dow | 14,047.31 | 40.24 (0.29%) | | Nasdaq | 2,747.11 | 6.12 (0.22%) | | S&P 500 | 1,546.63 | 0.41 (0.03%) | | 10-Yr Bond | 4.529%
| 0.028 | | NYSE Volume | 3,112,411,000 | | Nasdaq Volume | 1,795,889,000 |
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New BMW-6 Series Coupe and convertible
BMW has launched a convertible and new coupe of the 6-Series
featuring several advanced drive technologies and driver assistance
safety systems.
Both the coupe...
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