Number of millionaires see a decline in wealth 
The number of millionaires is on the decline in the United States, even as the number of wealthy individuals has increased worldwide.Millionaire households in the United States decreased by 129,000 in 2011, according to a new study
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Multinationals seeking "talent" for emerging markets
Multinationals are all looking for new markets in both developed and emerging countries: 25% of them plan to expand into new markets in the next five years and 33% believe that more than 70% their revenues are generated outside their home markets.....
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Stocks erase hefty losses
After nearly a full day in the red, stocks erased most of their losses in the last half hour of trading Wednesday.The S&P 500 () ended higher by 2 points, or 0.2%. The tech-heavy Nasdaq () added 11 points, or
Facebook stock finally posts gains
Facebook Chief Executive Officer Mark Zuckerberg can smile again, now that his company's shares have moved into positive territory on Wednesday.Facebook's () stock price rose 3.2% to $32. This is a pleasant turn of events for investors, though
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The World Bank cut its forecast for China GDP
The World Bank said Wednesday it reduced its economic growth forecast for China this year, reducing it from 8.4% to 8.2%, and urged the countries to favor the revival by consumption of the stimulus investment.
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Credit Flows Through a New Channel for Europe
FRANKFURT - Among the midsize, family-owned Companies That power the German economy, It Has beens year long article of faith: Credit Comes from the friendly local banker, not cold and distant from capital markets. So Peter H. Leibold WAS breakin.....
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JPMorgan's Dimon gets his $23 million pay package
Even as he apologized for a $2 billion trading loss, shareholders approved JPMorgan Chase CEO Jamie Dimon's $23 million pay package Tuesday at the bank's annual meeting.The meeting comes just days after the bank disclosed the massive trading loss, ...
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Winter temperatures weighed on Holcim
Holcim has suggested Wednesday that he would again increase its prices, a severe winter in Europe charged on net profit in the first quarter. Sales of cement, concrete and asphalt decreased by double digit percentages in Europe and the ne
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FOOTBALL - ENGLAND: Chelsea won the FA Cup by beating Liverpool
AFP - Chelsea has offered the FA Cup by beating Liverpool 2-1 on Saturday at Wembley, two weeks before attempting a famous doubled in the final of the Champions League against Bayern Munich. This is the seventh time that the London club won the ....
"Magic" Johnson goes in baseball but remains in Los Angeles
The Lakers star ball changes. After the pumpkin orange basketball, he moved to the little white ball in baseball. Playmaker of the "Dream Team" of the Barcelona Olympics in 1992, but the Los Angeles Lak
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