The Smith Student Undergraduate Association (SUSA) held its annual New York City trip from October 20-21, providing students with the chance to connect with alumni of the Maryland and explore businesses in New York City. Falin Patel, vice president of events of the SUSA and who attended the trip, […]
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Manufacturers pushing ‘Buy American’ ad campaigns
With the United States economy struggling and the unemployment rate holding at nine percent, businesses are trying to appeal to the American people by focusing on their domestic production. Car manufacturers in particular have focused on this in the past few weeks. Many of them have begun ad campaigns discussing […]
Chevrolet celebrates its centennial
Chevrolet, the Detroit automotive brand that has permeated the heart of American culture, recently celebrated its centennial on November 3. The birthday comes in the midst of a transformation for Chevy’s parent company, General Motors, as the automaker attempts to rally from its bailout-era woes and stay relevant in a […]
Companies announce early Black Friday starts
Over the years, the beginning of Black Friday has crept forward, with shoppers waking up at increasingly early times to be to get a special deal. This year, many stores are announcing extreme hours, with some opening as early as possible on Black Friday. Three stores that have already announced […]
Honda and Toyota suspend production in the U.S.
Japanese carmakers Honda and Toyota have made changes to their North American production because of flooding in Thailand, where both manufacturers have prominent production factories. Honda has suspended production for the U.S. since Oct. 4 due to parts supply disruptions resulting from flooding that has continued since Oct. 8 at […]
Occupy Wall Street spreads to UMD campus
Thousands of protesters across the country came together in a fight against corporate greed and social inequality last month, with the movement spreading to the University of Maryland campus last week. The Occupy Wall Street movement began in Zuccotti Park in downtown New York City in late September, and has […]
TDK Corp. cuts 11,000 jobs
TDK Corp., the largest manufacturer of magnetic heads for disk drives and a producer of organic light-emitting diode displays used in many mobile phones, is set to cut about 11,000 jobs, which amounts to approximately 12 percent of its workforce. The Tokyo-based company issued a statement on October 31 […]
BusinessUSA to offer federal assistance to small businesses
President Obama has garnered much criticism for his perceived lack of attention to small businesses. He aimed to fight this criticism by announcing plans for a new government website to help small businesses and exporters get information about government resources. The website, BusinessUSA (no URL yet) will be created within […]
Debt woes for Italy
Italy appears to be the next European country to require a bailout in order to prevent its debt crisis from spreading. At a G-20 meeting in the French city of Cannes, several European Union leaders discussed their aims to curb the continent’s debt woes. Their plans include an expansion of […]
European leaders come to agreement on Greek debt
Early last Thursday, European leaders came to an agreement to slash Greek debt by 50 percent. The deal was made among 17 heads of state and government in the euro zone. The deal also includes adding $1.4 trillion to the European Financial Stability Facility, a commission made to combat debt […]