Monsanto’s patents over genetically modified soybeans appear to be safe as Tuesday’s proceedings saw Monsanto’s counsel leading the argument. The patent was challenged by a farmer from Indiana who had used the soybeans without paying any fee to the company. The case raised the question whether the patent rights for...
The U.S. Federal Reserve announced today that they are planning on ramping up their monetary stimulus in a considerable manner this year in comparison with 2012. James Bullard, the president of St. Louis Reserve Bank, announced the switch is going to include outright bond purchases and interest rates are...
The second largest lender in the U.S., Bank of America acquired record assets in 2012 towards its sections servicing employee-benefit and retirement plans. The company cross-sold the products via the commercial bank. BofA claims to have acquired new assets worth over $24 billion, which is a growth of over 28%...
Even with a backdrop of companies trimming their orders, factories in the United States saw an increase in their orders in December. The Commerce Department reported that while the orders in November had fallen by 0.3%, the December figures grew by 1.8%. Core capital goods make a major impact on...
Time Warner announced today that they are currently in the talks to sell several of their magazines to Meredith Company, one of the media giants if the United States that mainly specializes in women publications. Most of Time Warner’s other magazine units are also for sale such as People...
Airlines have been a hot topic in the United States since the terrorist attacks of 9/11, with safety being a key concern. Efforts have been made by the T.S.A. especially to keep hijackers off of planes, and ensure safety for all passengers aboard. But what about the flight safety...
Google is continuously looking for more and more ways to boost it’s e-commerce business. In a series of those efforts, now company is acquiring Channel Intelligence Inc, a company which provides marketing services to clients and also provides technologies to boost online and offline sales. Channel Intelligence is a...
RIM announced today that they are planning to change their name again to Blackberry. This decision comes after the company wants to refresh their image again after they released their new Blackberry 10 phone. According to Thorsten Heinz, the chief executive of the company, the company hopes that this...
The housing industry has felt a lot of stress lately, especially in the United States. Pressure to bounce back after such a long recession period has seemed to be without result, until recent numbers detailing slow but sure improvement became available. Years behind the rest of the improvements of...