The Origin of the YKK on Zippers
By Phineas Upham If you look closely at the zippers attached to most objects, like backpacks and sweaters, you’ll notice a small …
Data brings more focus on timing of U.S. rate hike
U.S. stock investors may be bracing for further signs next week that the Federal Reserve could increase interest rates sooner rather than later, with retail sales expected to rebound after two straight months of declines. A pickup in retail sales could show consumers are benefiting from sharply lower oil prices, but analysts say spending in February was likely curbed by unusually harsh weather in parts of the United States. Among them, Richmond Federal Reserve President Jeffrey Lacker repeated his view that the Fed should raise rates in June.
Outsourcing and importing products to maximize profits
One global strategy that works well for Apple is foreign outsourcing and importing its products. This foreign manufacturing provides an opportunity for …
Apple’s business strategy working
Until 2001, Apple was considered an innovative computer maker. But under then chief, Steve Jobs, Apple introduced iPod in 2001 and iPhone …
Fed upbeat on U.S. economy, cites strong job gains
By Michael Flaherty and Howard Schneider WASHINGTON (Reuters) – The Federal Reserve on Wednesday said the U.S. economy was expanding “at a solid pace” with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year. The Fed repeated it would be “patient” in deciding when to raise benchmark borrowing costs from zero, though it also acknowledged a decline in certain inflation measures. After a two-day meeting of the Federal Open Market Committee, policymakers struck an upbeat tone on the U.S. economy's prospects and held to their view that energy-led weakness in inflation would dissipate. “The committee, in fact, was downright bullish on current economic conditions and the outlook,” said Paul Edelstein, director of financial economics at IHS Global Insight.
Cost of going global may be more expensive
Businesses operating in a global market place may generate more sales and revenue from operations. However, majority of international business are finding …
Buying online and overseas make sense and save money in South Korea
South Koreans are finding that shopping online outside the country can save money for them even after paying international shipping, insurance, import …
North Korea denies hacking Sony
By Jack Kim and Steve Holland SEOUL/WASHINGTON (Reuters) – North Korea has said U.S. accusations that it was involved in a cyberattack on Sony Pictures were “groundless slander,” and that it wanted a joint investigation into the incident with the United States. The United States stands by its assertion that North Korea was to blame, a White House National Security Council (NSC) spokesman said on Saturday, in response to the remarks. U.S. …
International mail forwarders from a US address
Written by USA2Me.com If you normally travel a lot for business trips and often have to move around the country or abroad, …
Europe markets pull back on FX settlement after Japan stocks climb
By Lionel Laurent LONDON (Reuters) – European shares and core bond yields fell on Wednesday, bucking a strong performance in Japan, with bank stocks under pressure following a landmark $3.4 billion settlement over allegations of price-fixing in currency markets. The pan-European FTSEurofirst 300 equity index was down 0.6 percent at 0852 GMT, while the STOXX Europe 600 banks index was down more than 1 percent. Regulators imposed penalties totaling $3.4 billion on UBS , Citigroup , HSBC , Royal Bank of Scotland and JP Morgan . …