Industry
Ikea’s online expansion boosted sales by 3.1%
Ikea's overall sales rose 3.1% to EUR 1.27 billion for the financial year to August. The home decor and building materials company recorded an impressive 29% increase in online sales, which allowed Ikea to reach new demographics.
NBC Universal considering investment in AllThingsD founders' new venture
NBC Universal is close to getting a minority stake in a new company being formed by technology journalists Walt Mossberg and Kara Swisher whom runs AllThingsD from sources whom are familiar with the situation.
Zanox purchases Metrigo
Zanox, a performance advertising network has purchased Hamburg, Germany-based performance display provider Metrigo for an undisclosed sum. Originally, Metrigo was a portfolio company of Berlin-based company builder Project A Ventures.
Mississippi ranks first in US construction employment growth, Tennessee drops to 44th
According to a new report by the Associated General Contractors of America, Mississippi has led the US in construction job growth third quarter of this year. Former leader Tennessee has dropped to rank number 44.