Economy

Tesla Model S and Elon Musk Update: California Loses Out on Motor Company's $5 Billion Gigafactory

Tesla Motors, a Palo Alto based motor company that has led the auto industry in eco-luxury vehicles in the last few years, recently ruled out California's bid to develop a $4-to-$5 billion battery factory that is projected to employ 6,500 workers.

Small Businesses Owned by Latinos in Fared Well in 2013 and Expect the Same in the Coming Year, According to TD Bank Report

According to TD Bank, which pegs itself "America's Most Convenient Bank®" and was named Money Magazine's "Best Big Bank in America" for 2013, more than half of Hispanic small business owners in New York City met or exceeded their 2013 business goals, despite the nation's rocky economic conditions.

$70 Billion in Debt: Puerto Rico's Detroit-Like Economic Turmoil

Puerto Rico’s economic crisis features a shrinking economy and a declining population, with 15 percent unemployment rate to boot. In laymen’s terms, things aren’t looking too good for the high income economy territory with the poverty rate of 41%.

'Global Detroit': Immigrant Businesses Can Reverse Detroit's Economic Devastation

Leaders, local and regional, have examined countless strategies in an attempt to devise a plan to restart the economic and population growth. The “Global Detroit” initiative emerged as a resolution.

Poll: Americans Unhappy With President Obama And His Administration’s Handling Of Issues They Deem Top Priority For 2014

According to a recent poll the majority of American voters say they are unhappy with how the president is handling what they believe are the highest priority issues facing the country. However, if Obama can rearrange his priorities and fix the current situation in a few key areas pollsters say his approval ratings may increase for 2014.

Colorado's Latino Population Could Change the Future of Fracking in their State

Colorado's Rocky Mountains and Great Plains have lost national interest in favor of the large deposits of Pierre Shale that dwells deep beneath the soil. Pierre Shale is a fossiliferous, dark-grey rock formed 66 million years ago when the North American Inland Sea receded. Oil and gas companies, who want to frack, and opposing environmental groups are at odds in Colorado, and Latinos are being lured to both sides of the argument, as they make up a good chunk of the state's population.

BRICS: Industrialized Countries with Growing Economic Power

Brazil, Russia, India, China and South Africa are five countries that comprise BRICS, a network of nations with major emerging national economies. These newly industrialized countries set themselves apart with their budding nominal growth, and their great influence on global and local affairs. Also G-20 members (group of 20 finance ministers and central bank governor from 20 major economies), the five countries represent an estimated $4 trillion (US) in foreign reserves and a combined grossed domestic product (GDP) of $16.039 trillion (US).

CNN Poll: Most Americans Say U.S. Economy in 'Overwhelmingly' Bad Shape; Pessimistic About Economic Future

CNN and ORC International released a poll on Friday that looks at the American economy by the numbers in relation to the conflicting perspective that most Americans have on the current economy.

Apple Replaces Coca-Cola As Most Valuable Brand

Apple Replaces Coca-Cola As Most Valuable Brand Coca-Cola is no longer the most valuable brand in the world. According to Interbrand, a corporate identity and brand consulting company, reports that Apple has taken its place.
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