Business

US Bureau of Labor report indicates increase in employment
Business

US Bureau of Labor report indicates increase in employment

The United States Bureau of Labor Statistics released its latest jobs report, which said that in February the total nonfarm payroll employment increased by 242,000 jobs while the unemployment rate remained stable at 4.9 percent. According to the report, the employment rate has shown an increase in jobs in various sectors including: health care, social…

Business

Valeant under investigation for inter-pharmaceutical relations

Valeant Pharmaceuticals International Inc. has revealed that it is under investigation by the United States Securities and Exchange Commission for an unlawful relationship with the prescription service, Philidor. As a result of the investigation, Valeant has canceled this year’s financial guidance, postponed the earnings report of last quarter and announced the return of Chief Executive…

PR executives lead panel on communication in the workforce
Business

PR executives lead panel on communication in the workforce

The Baruch College chapter of the Public Relations Student Society of America invited students to meet and network with public relations executives from Feintuch Communications, LaunchSquad and Peppercomm last week. The four panelists in attendance fielded questions from PRSSA members and doled out advice to students who aspire to work in communications. After the Q&A,…

Business

Member-nations of OPEC discuss the possibility of crude oil freeze

The ongoing oil crisis over the past 20 months has forced two major oil-producing countries to strike a deal that could freeze crude oil output in the international market. As of this week, Russia and Saudi Arabia have called for cooperative efforts from smaller oil-producing nations that could eventually stabilize output and bolster the price…

Business

Cameron renegotiates UK membership in the European Union

Following two days of talks with European leaders, U.K. Prime Minister David Cameron proudly announced a renegotiation deal that would reform the relationship between the European Union and the United Kingdom. If one was to believe the pro-Brexit group—people who support the British exit from the EU—the issues that the United Kingdom deals with stem…

Strong sales growth in 2015 promises future success for Tesla
Business

Strong sales growth in 2015 promises future success for Tesla

In a fourth quarter update released on Feb. 10, Tesla CEO Elon Musk predicted a bright future for Tesla, with projections of increased production rates and a growth in sales and profits. Tesla finished 2015 with a $179 million positive cash flow from its fourth quarter core operations—a welcoming change after three quarters of negative…

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