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Croatia To Become 28th EU Member

BRUSSELS, Dec. 6 (UPI) — Croatia will join the European Union July 1, 2013, under a decision approved by the EU General Affairs Council, a council spokesperson said Tuesday. Approved last week, the agreement on Croatia’s accession as the 28th member of the bloc was scheduled to be signed Friday during the European Union summit […]

Ireland’s Austerity Plan Seen As Model

DUBLIN, Ireland, Dec. 6 (UPI) — As European leaders work to repair torn economies, many are looking to Ireland’s austerity program that officials say is beginning to show results. A year after Ireland embraced severe cost- and budget-tightening measures and received a $93.3 billion bailout, officials note that the country’s budget deficit is shrinking and […]

Small Business Workers Want Retirement

COLUMBUS, Ohio, Dec. 3 (UPI) — Three-quarters of small business owners say so many Americans are financially unprepared for retirement it’s reached crisis levels, a survey says. A survey of small business owners by Nationwide Financial indicates small businesses may add to the problem because only 19 percent of these businesses offer their employees a […]

Upscale Burgers A Hot Item

FORT LAUDERDALE, Fla., Dec. 3 (UPI) — Gourmet hamburgers with premium beef, high-quality cheese and other extra touches are a fast-growing item in the restaurant trade. Datassential, a Los Angeles company that tracks business trends, says the number of restaurants with hamburgers on the menu is up 4 percent since 2005, the South Florida Sun […]

Gifts: Substance Over Show This Christmas

STEVENS, Pa., Dec. 5 (UPI) — Occupy Wall Street has affected the political dialogue on finance and it could affect what people buy as gifts this year, a U.S. marketing expert says. Pam Danziger, president of Unity Marketing and author of “Putting the Luxe Back in Luxury,” said this Christmas will be one for substance […]

Service Industries Show Slower Growth

TEMPE, Ariz., Dec. 5 (UPI) — Business activity in U.S. service industries grew in November for the 24th consecutive month, the Institute for Supply Management said Monday. The pace of growth slowed from October, when the headline Purchasing Managers Index was 52.9. In November, the PMI fell to 52 even. The index uses 50 as […]

Factory Orders Slide

WASHINGTON, Dec. 5 (UPI) — U.S. factory orders fell in September and October, the U.S. Census Bureau reported Monday. Factory orders fell 0.4 in October, in line with expectations. In Monday’s report, however, the bureau revised September’s 0.3 percent rise to a 0.1 percent decline. New orders turned slightly higher, up 0.1 percent with defense […]

Chinese Drywall Firm Implicated By Default

NORFOLK BEACH, Va., Dec. 1 (UPI) — A judge in Virginia said the Chinese company implicated in a pernicious drywall case chose not to respond to charges, risking a default judgment. While the company’s attorneys claimed it was not clear whether local courts had jurisdiction over the case, Judge Patricia West said the company, Taishan […]

Eight Countries Oppose Extended EU Relief

BRUSSELS, Dec. 2 (UPI) — A group of countries, led by Germany, said they are against the European Union extending an emergency aid program for laid-off workers. In 2009, the EU reduced the eligibility threshold for laid-off worker aid from 1,000 to 500 redundancies and extended the period of funding for laid-off worker relief from […]

Justice Department Clears Google-Admeld Merger

WASHINGTON, Dec. 2 (UPI) — The U.S. Justice Department Friday cleared Google’s $400 million acquisition of Admeld Inc., saying the merger likely wouldn’t lessen digital ad competition. “After a thorough review of the evidence, the [Antitrust Division] concluded that the transaction is not likely to substantially lessen competition in the sale of display advertising,” the […]

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