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Dartmouth President Heads To World Bank

WASHINGTON (UPI) — Directors of the World Bank in Washington named Dartmouth College President Jim Yong Kim their next director with a five-year term beginning in July. Kim, a doctor, is a co-founder of Partners in Health and a former director of the Department of HIV/AIDS at the World Health Organization. He has also taught […]

Business Travel: Fewer Trips, More Spent

ALEXANDRIA, Va. (UPI) — The U.S. business traveler is not getting around quite as often as he or she used to, a Global Business Travel Association study indicates. The study said business travelers are traveling less frequently, which has forced them to stay longer on business trips to get more work done. The group reported […]

Industrial Production Flat In March

WASHINGTON (UPI) — Industrial production was flat in March for the second consecutive month, the U.S. Federal Reserve said Monday. Production in manufacturing, mining and utilities last moved in January when it was up 0.4 percent compared to December. For the first quarter of 2012, production was up 5.4 percent on an annual basis. In […]

Housing Starts Dropped In March

WASHINGTON (UPI) — New home construction starts in the United States fell 5.8 percent February to March, the Commerce Department said Tuesday. Housing starts dropped to a seasonally adjusted annual rate of 654,000, compared with a revised figure for February of 694,000. The rate of single-family housing starts in the month was 462,000, which was […]

More Resignations Than Layoffs In February

WASHINGTON (UPI) — There’s a new sign of confidence in the U.S. economy — in February more people quit than were laid off for the first time in several years. The U.S. Labor Department reported in its Jobs Turnover and Labor Survey that 51 percent of those who left jobs resigned, CNBC reported. That’s up […]

Doctors: No More McDonald’s In Hospitals

BOSTON, Md. (UPI) — A group of doctors has called on the administrators of 22 hospitals in the United States to remove McDonald’s restaurants from their facilities. The nation’s top pediatricians, cardiologists and child psychologists have joined Corporate Accountability International to pressure hospital administrators to end contracts with the fast-food restaurant, the Boston-based organization said […]

7 Percent Admit To Cheating On Taxes

CHICAGO (UPI) — Even though many U.S. taxpayers complain about taxes, a U.S. survey indicates only 7 percent admit to cheating on their taxes. A DDB Life Style Study survey uncovered that demographically, the biggest difference between tax cheats and non-cheats this year was still gender. Of admitted cheats, 72 percent were men. Fifty-five percent […]

Sales Outpace Inventories In February

WASHINGTON (UPI) — Manufacturing and trade business inventories rose 0.6 percent in February but sales rose 0.7 percent, the U.S. Commerce Department said Monday. Inventories rose to $1.57 trillion, a 7.6 percent increase from a year earlier. Trade sales and manufacturers’ shipments rose 0.7 percent, reaching $1.23 trillion. From February 2011, sales and shipments jumped […]

Retail Sales Up 0.8 Percent In March

WASHINGTON (UPI) — Retail sales rose 0.8 percent in March over February, with motor vehicle sales up 0.9 percent, the U.S. Census Bureau said Monday. With the figures almost in line, the sales gain excluding automobile sales remained consistent at 0.8 percent, the bureau said. Retail sales, including food service sales, adjusted for seasonal variations […]

State Tax Revenues Up Almost 9 Percent

WASHINGTON (UPI) — State tax revenues in the United States rose 8.9 percent in fiscal year 2011, the Census Bureau reported Thursday. Overall, taxes collected for states rose by $62.1 billion to $763.7 billion. Corporate net tax revenue rose 9.4 percent to $40.2 billion, but individual income tax rose even faster, climbing 9.8 percent to […]

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