Credit card users may think twice before making their next purchase. According to a Wall Street Journal report, 1.5 million Visa and MasterCard credit card accounts were hacked on March 30 via Global Payments Inc., a processing company that handles the transactions between consumers and credit card entities. The […]
Other News
Japan’s Economy Facing a Nuclear Meltdown
In January, Japan posted its largest trade deficit in decades. On February 20, the country’s deficit had reached 1.48 trillion yen (roughly 19 billion U.S. dollars). Following its nuclear crisis, Japan has been forced to rely heavily on imports, which has driven up its trade deficit. On March 11, 2011, […]
FBIS: A Leg-Up in the Business World
Anyone looking to get ahead in the world of business should definitely check out the Finance Banking and Investment Society. With its expansive membership, variety of events and network of connections, this club offers members an experience above and beyond the classroom. As a primarily career-oriented club, FBIS […]
Wal-Mart Takes Control of Chinese E-Commerce Company
Wal-Mart Stores Inc. stated on Monday that it is acquiring a controlling stake of Yihaodian, a Chinese e-commerce firm, in order to find new outlets of revenue and to beat out competitors in a fast growing economy. In May of last year, Wal-Mart announced its plan to buy a small […]
Two million jobs estimated to be added in 2012
The American Recovery and Reinvestment Act that President Obama created in 2009 has been heavily criticized. However, when it comes to maintaining and creating jobs Obama’s plan seems to be working. In a White House Press release, on Feb. 17, Obama said, “Two years ago, I set a goal of […]
Business Golf plans new semester
Do you like golf? Do you want to improve your game? Do you want to make connections with recruiters for some of the biggest names in business? If so, then the Business Golf Club is for you. The Business Golf […]
PwC gives recruiting tips to students
Dori Jamison, a local recruiter for PricewaterhouseCoopers, spoke to a packed classroom at last Tuesday’s Accounting and Business Association meeting. While most ABA meetings are usually simple affairs, the presence of a recruiter from one of the largest professional service firms in the world brought a massive crowd […]
Obama’s budget proposes spending of 3.8 trillion dollars
The fight over Obama’s 2013 budget has begun. The debate shows a widening gap between the parties, while Republicans and Democrats alike show disappointment in the president. Obama made many promises during his 2008 campaign to fix the budget, but he has not followed through on all of […]
Facebook’s IPO: New Media and Money
Facebook’s much anticipated public stock offering has gotten a lot of public exposure. The company, which has over 800 million active users worldwide, is expected to have one of the largest stock offerings of all time. With an initial public offering of $5 billion and an expected market valuation […]
Honda recalls vehicles
Dangerous airbags and potentially perilous metal and plastic pieces are what Honda Motor. Co. is citing for their global recall of 304,000 vehicles last Friday. So far, 20 accidents have been traced back to this problem, including two deaths in the U.S. in 2009. The recall affects the Accord, […]