This week, the Geneva-based World Trade Organization drastically cut its forecast over trade growth this year by roughly one third to mark the lowest growth rate since 2009. This was a time when the global economy was riddled with a recession and a near financial crisis. Updating its most recent forecast, on Tuesday, the world’s […]
When internet radio application Pandora first hit the scene, it was revolutionary. In a time when the music industry was in a major state of flux—and neither consumers nor executives knew what to expect from the future—a change was, in fact, in order. Pandora was one answer to the file-sharing debacle that crippled the industry […]
Hi-Tech Data Center
This week, Tech Data Corp has made it known its plans to buy Avnet Inc’s technology solutions unit. The reported $2.6 billion dollar deal should help the company gain a foothold in the growing Asia market in addition to creating a “premier global IT distributor,” according to Tech Data Chief Executive Bob Dutkowsky. The deal […]
A large part of the medical industry is drug research. Sure, doctors have to know how to diagnose and effectively treat disease, but much of the money that exchanges hands in this business has to do with pharmaceutical sales. With that, though, those who research and develop treatments are constantly searching not only for the […]
Elon Musk is a visionary. He is an entrepreneur. He is a risk-taker. And this combination of characteristics can lead to great things. Also, this combination can lead to many obstacles. Obviously, if you have been paying any kind of attention, Elon Musk’s SpaceX has had a rough time trying to develop reusable rockets for […]
China has just released photos of its Five-hundred-meter Aperture Spherical Telescope (FAST), located in the southwester Guizhou province’s remote Pingtang county, announcing to the world, the country’s plan to aid the global search for extraterrestrial life. And when the telescope was deployed, Sunday, China became the owner and operator of the largest radio telescope in […]
Alabama Governor Robert Bentley announced today that the Alabama Medicaid Agency will restore payments to doctors at the levels they were before the recent cuts went into effect, in August. Of course, these payments were reduced as a result of an $85 million shortfall in Medicaid’s budget for the new fiscal year, starting on October […]
Uber may be one of the most talked-about companies today, but not all of its press is good. In fact, the ride-sharing app company has faced major criticism over the past few years for its lack of security. But hopefully that is about to change. In a statement made this week, Uber says it is […]
Novo Nordisk is the largest insulin maker in the world and with [type 2] diabetes on the rise you would think that business is good for them. Well, if things are swimming along nicely for Novo Nordisk, then why are they cutting approximately 1,000 jobs as part of a plan to lower costs? It might […]