Thousands of fast food workers organized protests to demand higher wages after US federal minimum wages were said to be almost always without benefits.
Industry
Obama remembers Lehman Bros collapse and the gains of the US since then
In the fifth year after the so-called 'Great Recession', Obama highlights the gains made by the US economy as a better capitalized and better regulated economy.
Germany seeking fast track process for EU banking union
Germany, in order to avoid a protracted legal process, is leading the way to find a compromise in the creation of the EU banking union.
Industry: Indian renewable energy market seen as a good place to put investment
A three day summit was reported to attract a lot of investors into India's renewable energy market.
China's growth commitment to fuel global economy
Aside from the much talked about Bo Xilai trial, China aimed to turn the country into an innovative consumer driven, high income nation.
Latest News
The Bank Recovery and Resolution Directive for all EU members to recognize the Single Resolution Mechanism would be created after the German elections.
US regulators met with the stock exchange operators to talk about backing up the Nasdaq stock quotes processor which malfunctioned last month.
Verizon, US's biggest wireless provider, argued in a US Court of Appeals for the District of Colombia that the 2011 rule on net neutrality violated its First Amendment rights.
A Reuters analysis report revealed that Brazil could fail its primary surplus target for 2014 which could downgrade its credit rating.
California would soon have one of the highest minimum wages in the US at USD 10 an hour. The minimum wage of California was slated to rise to USD 10 per hour in the next three years.
Two Republican lawmakers questioned the time and resources spent by Securities and Exchange Commission in monitoring private equity funds.
A Reuters report said the growing number of equity issuance this year was a sign of positive growth.
Renowned Middle Eastern scientist Hayat Sindi called for more investments in the field of science and technology to foster inventive spirit and innovation.
Citing sources who were familiar with the matter, the Financial Times reported that Shanghai has approved six foreign hedge funds to raise money from investors within China.
