Bufteac Alexandru

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The world's top 10 companies, ranked by reputation

The Reputation Institute sorts companies according to the public's perception of their performance in seven areas: products and services, innovation, workplace, governance, citizenship, leadership, and performance.<p>The chocolate maker The Hershey Company is the most reputable brand in the US, but …

Ai Weiwei

Stocks Climb, Treasury Yields Slip After Fed Pares Outlook for Rate Increases

Dow industrials notch their highest close of the year<p>U.S. stocks rose and the dollar and Treasury yields declined after the Federal Reserve laid out a more cautious plan for interest-rate increases Wednesday.<p>The Fed held interest rates steady, as expected. More important, investors said, officials …

Stock Markets

Ahead of the Bell: US Industrial Production

WASHINGTON (AP) — The Federal Reserve releases its February industrial production report at 9:15 a.m. Eastern Wednesday.<p>NO CHANGE IN FACTORY OUTPUT: Economists forecast that manufacturing production was likely flat last month, according to a survey by data firm FactSet. That would follow a 0.5 …

JPMorgan Chase

Free Burritos Lure Chipotle Loyalists, But Will Sales Follow?

Free food is the backbone of Chipotle's strategy to lure back "top loyal" customers, who dine at the chain at least 25 times a year and account for up to 20 percent of its sales.<p>Cesar Trejo broke his Chipotle habit after the chain's string of food safety lapses last year. This week, a free food …

Los Angeles

The world is facing a pension disaster

A new report released by Citibank estimates that the total value of unfunded or underfunded government pension liabilities for 20 OECD countries stands at a staggering US$78 trillion.<p>That's US$78,000,000,000,000, unfunded, that's owed to public-sector workers. Putting that figure into perspective, …

Sustainability

US fears Russia could sever undersea internet cables

Officials are concerned over increased activity along major fiber-optic routes, according to The New York Times<p>US officials are growing concerned over the activity of Russian submarines and spy ships near undersea internet cables, <i>The New York Times</i> reports, fearing that they could be used to cut …