The unemployment rate is projected to stay at 9 percent for the second straight month, reports say. Data shows that despite the fastest hike in U.S. factory growth since June, increased auto and retail sales and construction spending, the influx of applications for unemployment benefits is still too high […]
Other News
Obama vetoes bill attaching Keystone Pipeline to jobless benefits
A party showdown continues as President Barack Obama threatened to veto a Republican bill proposal which would attach an oil pipeline to a bill already renewing payroll tax cuts and unemployment coverage on Wednesday, officials said. The threat signaled an unclear end to the struggle of renewing tax deductions […]
Occupy Wall Street movement sparks Occupy UMD movement in McKeldin mall
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 […]
Cross border tunnel facilitates drug trade
Mexican soldiers discovered more than 32 tons of marijuana in a major cross-border tunnel linking warehouses in Tijuana and San Diego Wednesday, immigration officials said. Equipped with a hydraulic lift, the 2,200-foot-long passage featured electric rail cars, wood floors from end to end and a wooden staircase, Derek Brenner […]
Smith IT Help Desk starts specializing in iPads
The University of Maryland business school information technology help desk has been working with faculty and one of the newest tools available to them–iPads. The information technology (IT) help desk of the Robert H. Smith Business School has been working with faculty and departments in adapting iPads. The help […]
Bank of America decides against debit card fees
Bank of America decided against charging its customers a $5 monthly fee to use their debit cards to make purchases Tuesday after receiving too many complaints from consumers. Last month, the bank had announced its decision to introduce the fee, which was […]
Japanese recovery stifled by currency appreciation
The current appreciation of the Yen has slowed Japan’s economic recovery, and has rapidly gained strength against the U.S. dollar. Possible explanations for the rapid appreciation include both the earthquake and tsunami that hit Japan in March 2011. These natural disasters severely hampered Japan’s ability to produce exports. This […]
Net Impact invites Sherwin Williams to discuss social responsibility
The vice president of marketing for Sherwin Williams spoke to student members of Net Impact about his experiences in finding a balance between profit and social responsibility. “Corporations don’t have social responsibility … people do,” said Mark Sposito, vice president of marketing for Sherwin Williams who stressed the […]
Skateboard, snowboard store in Baltimore City uses small shop feel to stand out
On a bustling Baltimore City intersection, orange lights illuminate a large metal “3”above window displays showcasing skateboards, snowboards, clothing and shoes, welcome to 3rideshop. 3rideshop, which is commonly referred to simply as “3”, has been in business for over 10 years, providing the latest in skate and snow […]
Baker Tilly spotlights its internship program
About 40 business students were taken through a day in the life of an accounting intern Tuesday, when Baker Tilly held an information session on their internships. Two University of Maryland alumni, Brandon Wolf ’08 and Lindsey Garst ’09, introduced the room full of students to Baker Tilly, the […]