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Category Archives: Business

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April Existing-Home Sales Up but Constrained

By Mesh Nation StaffMay 23, 2013

Existing-home sales rose in April but remain below underlying demand because of limited inventory and tight credit, according to the National Association of Realtors. All regions are showing strong price gains...

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First Look: New Microsoft Xbox elegant, but much unknown

By Mesh Nation StaffMay 23, 2013

  Will gamers want One? After four years of development, Microsoft unveiled the Xbox One entertainment console and touted it as an all-in-one solution for playing games, watching TV and doing...

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Bernanke signals Fed to maintain stimulus efforts

By Mesh Nation StaffMay 23, 2013

  Chairman Ben Bernanke told Congress that the U.S. job market remains weak and that it is too soon for the Federal Reserve to slow its extraordinary stimulus programs. Reducing the...

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Apple CEO: Offshore units not a ‘tax gimmick’

By Mesh Nation StaffMay 22, 2013

Apple Inc.’s top executive, Tim Cook, defended the U.S. technology giant’s tax strategy in front of a Senate panel, saying it abides by the law. Cook, Apple’s chief executive officer, testified...

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Senate panel’s turn to grill IRS officials on targeting

By Mesh Nation StaffMay 22, 2013

A U.S. Senate panel holding a hearing Tuesday into Internal Revenue Service targeting of conservative groups asked about any White House ties to the targeting. Senate Finance Committee Chairman Max Baucus, D-Mont.,...

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Does France have right plan to revive its economy?

By Mesh Nation StaffMay 22, 2013

PARIS - The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. As the country's first-ever minister for industrial renewal,...

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Money tangle: The IRS and its tea party tempest

By Mesh Nation StaffMay 21, 2013

WASHINGTON - The Internal Revenue Service is feeling the sort of heat that targeted taxpayers feel from the tax agency. Republicans in Congress are livid with the IRS over its systematic...

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Russian oligarchs foot most of 2014 Sochi Olympics

By Mesh Nation StaffMay 21, 2013

  The mountains of Sochi are now home to Potanin’s slope, Gazprom’s gondola lift and Sberbank’s ski jump. The nicknames used by locals and an army of construction workers leave no...

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Rising consumer demand aids sway of organic industry

By Mesh Nation StaffMay 20, 2013

  The organic food industry is gaining influence on Capitol Hill, prompted by its entry into traditional farm states and by increasing consumer demand. That’s not going over well with everyone...

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Top officials call to overhaul euro institutions

By Mesh Nation StaffMay 20, 2013

  Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region manages its crisis –...

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