Food stamp benefits would be cut by 5% or USD 36 for a family of four each month starting November 1.
Sectors
Tech entrepreneurship proves to be the answer for Greece’s economy
Greece’s growing tech scene has aided in the recovery of the country’s economy. According to a Reuters column article, Greece suffered an unemployment rate of 27.
Analysts see no changes to Fed monetary policy- report
A Reuters report said analysts did not see the US Federal Reserve making any dramatic policy changes any time soon.
Mobile advertising key to Facebook's continued favor with Wall Street- report
Mobile advertising revenues would play a huge role in Facebook's continued favor with investors, a Reuters report said.
GM says ties with SAIC healthy despite Peugeot Citroen investment
Despite its planned investment in Peugeot Citroen, General Motors Co said its relationship with the Shanghai Automotive Industry Corp or SAIC remained strong.
Latest News
Facebook ad frequency remained unchanged despite a double in company shares. On Wednesday, Facebook Inc. posted impressive growth in the mobile advertising business.
A regulatory filing showed that Yucaipa Cos has given a USD 261 million or USD 8 per share offer for Morgans Hotel Group Co.
NEWSCYCLE Solutions announced that it had bought the Atex AdBase advertising systems business from the Atex Group.
Lululemon Athletica Inc's attitude towards complaints had driven customers to competitors, according to an NBC News report.
Twitter initial public offerings increased to USD26 per share by The Wall Street brokerage. On Friday, Morningstar united with three brokerages after setting price aim for Twitter Inc.
Customers had again complained about the quality of Lululemon Athletica Inc's yoga pants, according to a report
An estimated 47 million Americans would be hit by the reduction in food stamp benefits, according to a report.
More than seven banks are changing projecting that the European Central Bank would cut its interest rates after its meeting this November.
Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.
