On Thursday, January 21, Toyota Motor Corp. recalled 2.3 million vehicles in the U.S. because of an accelerator pedal problem that results in uncontrolled acceleration. The next Tuesday, the 26, the Japanese automaker instructed dealerships to suspend all sales of eight different models and temporarily shut down six of its factories. On January 29, Toyota expanded the recall to include 1.8 million vehicles in Europe and 75,000 cars in China. Model’s from Toyota’s other brands Lexus and Scion were not involved in the fiasco. Read more...
Yes, the Olympics are back. But who stands to profit the most?
With the 2010 Winter Olympics set to kick off in Vancouver on February 12, Canadians are buzzing with the opportunity to bring in revenue from selling goods such as t-shirts and winter apparel to providing services such as massages, car services and the highly acclaimed ski resorts surrounding the area. With celebrities such as moon-landing astronaut Buzz Aldrin to Hollywood hunk George Clooney, and even U.S. Vice President Joe Biden set to make appearances, there will be plenty of spending in the two week Olympic period. Canada is going to need it.
Whether you were a homebuyer, seller, owner or just a precarious spectator, the poor performance of the 2009 housing market has been well documented. Millions of people were forced to foreclose on their property, take a “loss” on the sale of their home or experience a significant decline in equity. The effects of the housing downfall were felt nationwide and some states fared better than others:
Portugal’s Gross Domestic Product (GDP) totals for 2009 have dropped by 9.3 percent from the previous year. This was an unexpected deficit, as many anticipated minimal losses and did not believe the economy was suffering to such an extent. In addition to this high deficit, unemployment rates have also reached close to 10 percent, a high for Portugal.
On February 1, the Hertz Equipment Rental Corporation (HERC) and its superior, The Hertz Corporation (NYSE: HTZ), have formed a joint venture with the Saudi Arabia-based Dayim Holdings Company Ltd. The cooperative business enterprise plans to sell and rent equipment to construction and industrial business markets in the Kingdom of Saudi Arabia.
In an economic time such as this, it is attending various networking events that have kept many students and alumni from remaining unemployed. Professional networking events are being offered to students almost every day at Seton Hall University. Many of these events are held by student organizations, such as Alpha Kappa Psi and Beta Alpha Psi, but a large part of the events are held by Seton Hall’s Career Center.
This week’s Standout Stillman Senior, Joseph Signorello III, is by far one of the most energetic and unique individuals at Seton Hall University. Whether Joe is working behind the scenes at the WSOU Seton Hall Pirate Radio, actively promoting his support for the Sigma Phi Epsilon fraternity, or just volunteering his ideas during class he has always had an upbeat personality which makes anyone around him want to smile.
“Whole Foods has recently come under fire for their new employee discount program. The elective program offers larger discounts for employees who have a lower Body Mass Index (BMI) in an effort to promote the company’s healthy image. Is this a fair way to distribute employee discounts, or is it unfair to employees who don’t meet the standards?”
Whole Foods is pretty well-known for its healthy and organic, yet delicious selection of food, but recently it has been making headlines for different reasons; its new take on employee discounts. In part to help its store environment become even healthier, Whole Foods is offering a new approach to employee discounts.