18-21 year olds cite financial stress, juggle 2-3 credit cards in college
Even though 84 percent of college students say they are educated about money management and understand the consequences of debt, 50 percent wish they had a plan to help decrease their debt, according to a new poll for Western Union(R) Payment Services conducted by [...]
With the Securities and Exchange Commission’s recently approved proposed IFRS Roadmap and rule that would permit certain U.S. companies to prepare and issue financial statements using International Financial Reporting Standards (IFRS), Deloitte has launched a series of whitepapers that offer considerations and guidance on IFRS conversion for specific industry sectors.
The first three papers in the [...]
Increased food prices could move into 2009 and beyond
A new Rabobank “Food Retail” report finds consumer preferences are driven to ‘extremes.’ However, increased food prices could increase consumers’ price sensitivity.
“In spite of the economic decline, many consumers continue to be driven by factors beyond price, which has created a ‘barbelling’ trend,” said Rabobank Food [...]
J.P.Morgan Asia Pacific today announced the appointment of Kalpana Morparia as Chief Executive Officer of the firm’s Indian operations. Ms Morparia joins J.P.Morgan from the senior management of the ICICI Group, India’s largest private sector financial services company.
Ms Morparia is vice chairman of the ICICI Group’s insurance, asset management and securities companies, and Chief Strategy [...]
Salary increase budgets average 3.80 percent in 2008 across non-exempt, exempt, and executive employee categories, while salary increase budgets for non-exempt hourly employees come in lower at 3.70 percent, The Conference Board reports.
For 2009, the median budget for salary increases is projected to be 3.75 percent for both non-exempt salaried and hourly employees. The median [...]
File server conservation, increased security, and tighter control of intellectual property support business productivity
F3 Technologies (Pink Sheets: AUMN) today announced that it will unveil the Knowledge Sharing module in the Ascend(TM) Global Business System. Knowledge Sharing has innovative, easy-to-use features and a sophisticated design that will make accessing company files and directories more effective. Knowledge [...]
Existing-home sales rose in July to the highest level in five months, although sales have hovered in a relatively narrow range over the past 11 months, according to the National Association of Realtors(R).
Existing-home sales — including single-family, townhomes, condominiums and co-ops — increased 3.1 percent to a seasonally adjusted annual rate[1] of 5.00 million units [...]
Heartland Retail Construction, Inc. Ranks No. 827 on the 2008 Inc. 5,000 With Three-Year Sales Growth of 430%
Inc. today ranked Heartland Retail Construction No. 827 on its annual ranking of the 5,000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy — [...]
Virgin Mobile USA, Inc., a leading national provider of pay-as-you-go wireless services, today announced that it has completed its acquisition of Helio, a joint venture between SK Telecom and EarthLink, Inc. that complements Virgin Mobile USA’s strengths through its specialization in highly advanced postpaid products and services. The acquisition was completed based on the terms [...]
Despite expending significant effort and resources on making branches more like stores, retail banks aren’t seizing every opportunity to win over prospective customers, according to the J.D. Power and Associates 2008 Retail Banking Mystery Shopping Study(SM) released today.
The inaugural study finds opportunities for improvement in three key aspects of the customer experience of shopping for [...]