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business Articles
A Canadian company, Flowers Canada (Ontario) Inc., is asking people to express their feeling by buying more flowers. The Digital Journal found out why.

Deadly Texas fertilizer plant blast was preventable

The fertilizer plant explosion that killed 15 people in Texas last year could have been prevented, federal safety inspectors said on Tuesday.

Op-Ed: Have we hit 'peak human marketing'?

Four years ago tech and data to many marketers meant Facebook and pageviews. Today marketing technology has exploded. Is the marketing industry about to experience the tech-related pain publishing has gone through?

Netflix plans price hike for its subscriptions

Netflix surprised customers today with their the announcement of their decision to increase monthly plans by $1 to $2 in their shareholder newsletter.

Glimmerings of growth in Greece

According to the Foundation for Economic and Industrial Research, or IOBE, Greece’s economy is slated to stabilize this year and may possibly achieve some small growth based on projections.

Op-Ed: Warning to a world growing increasingly dependent on credit cards

It is absolutely possible for a person to get by without a credit score. This, by extension, means that it is absolutely possible to get by without credit cards.

Op-Ed: Could automated welding increase factory productivity and profit?

Increasingly factories are moving to use automated welding equipment instead of manual human welders so could this actually significantly increase the productivity and so profit of the factory?

Op-Ed: For young guys on mobile, Twitter & Reddit erupt as leaders

New research coming out of Consumer Sharing Trends Report 2014 reveals that Twitter’s back and stronger than ever. And what social channel saw the second most dynamic growth, you ask? Reddit.

Tennessee lawmakers seek to nullify federal hemp ban

This week lawmakers in Tennessee completed the final step before a bill legalizing the production of hemp could be sent to the Governor. If signed, the bill could nullify federal laws banning its production, depending on how the state law is implemented.

Study: Walmart benefits from billions in taxpayer subsidies

A new study has found Walmart's low- and poverty-wage workers cost the U.S. government an estimated $6.2 billion per year, a case of massive corporate welfare paid for by American taxpayers.

Op-Ed: Is 'social business' dead or alive?

Management consultant Peter Drucker said: "There are only two things in a business that make money – innovation and marketing, everything else is cost." Is business actually starting to believe this and what are the implications for marketing vendors?

Ontario provincial governments look to liquidate GM holdings

When General Motors emerged from bankruptcy in 2010, the Canadian federal and Ontario provincial governments found themselves among the largest shareholders in one of the biggest automakers in the world and, currently, the governments want to liquidate.

Op-Ed: Greek bonds rally but economy is in terrible shape

The Greek government bond market rallied recently as the bonds were upgraded by rating agency Standard and Poor. The European Central Bank(ECB) announced that it would accept Greek government debt as collateral for routine lending operations.

Study finds more coffee keeps employees honest

A new study has found that a mere two cups of caffeinated coffee can make employees more resistant to unethical behaviour in the workplace.

Angolan $3.5 bn oil contract goes to Technip, Heerema

The ultra-deep Angolan offshore oil project called Kaombo generated the third huge contract in three days on Wednesday when French group Total picked two firms to carry out underwater engineering worth $3.5 billion.

China's economy slows sharply in first quarter

China's GDP grew at its weakest pace for 18 months in the March quarter, data showed on Wednesday, testing Beijing's resolve as its campaign to transform the world's number-two economy comes at the cost of a sharp slowdown.

Cash-rich global firms face calls to crack open war chests

Impatient shareholders are calling on the world's top firms to start spending some of the eye-popping $2.8 trillion in cash built up since the financial crisis, as analysts warn that their thriftiness could be holding back global growth.

BHP boosts iron ore output and lifts production guidance

Global mining giant BHP Billiton lifted full-year iron ore guidance on Wednesday and posted better than expected March quarter output of 49.6 million tonnes.

Russian sanctions would destroy Cyprus economy: FM

Economic sanctions by Europe against Russia "would destroy Cyprus's economy," Nicosia's foreign minister Ioannis Kasoulides said in a German newspaper interview published Wednesday."There are very strong economic ties between Cyprus and Russia.

Op-Ed: How does job relocation-related culture shock affect employees?

Culture shock caused by job relocation is no laughing matter, and failure to recognize its existence can result in failed assignments, failed partnerships, or the loss of valued employees.

U.S. housing effort in Haiti falls short

A U.S. project to provide badly-needed housing for hundreds of thousands of Haitians left homeless by a 2010 earthquake has failed to live up to its promise and went over budget, a government audit said Tuesday.

GM chief creates new team to boost vehicle safety

General Motors chief executive Mary Barra announced Tuesday the creation of a new team to enhance safety in the wake of an ignition-recall scandal that has engulfed the company.

Russia warns of zero growth as economic alarm rises

Russia's economy may not grow this year, the finance minister said Tuesday, warning that Ukraine standoff could see Moscow face its toughest times since the start of the global financial crisis.

Swedish city introduces payment by hand scanning

Hand scanning has become an alternative payment method for people in a city in southern Sweden, researchers at Lund University said Monday.

Swedish, German firms reach tentative pact in submarine dispute

After months of tension over the future of Sweden’s Kockums shipyards, a memorandum of understanding has been reached between the German owner and a prospective Swedish buyer. If approved, the deal would put the historic shipyards back in Swedish hands.

Total goes ahead with ultra-deep Angolan oil field

French oil group Total has found ways of reducing the cost of extracting ultra-deep Angolan offshore oil reserves by a fifth and has decided to go ahead with investment in the Kaombo project, the firm said on Monday.

France's Total says dropped shale gas licence in Poland

French oil giant Total said Monday it has decided not to renew its only shale gas exploration licence in Poland, the latest setback in the country's efforts to grow the sector.

Russian markets, ruble fall over Ukraine crisis

The Russian stock markets and the ruble fell in early trading on Monday after clashes between pro-Russian forces and the Kiev authorities in eastern Ukraine.Western powers blame Russia for stirring up the trouble.

Singapore says economy slowed sharply in January-March

Singapore's economic growth slowed sharply in the first three months of the year, data showed Monday, but the central bank stood pat on monetary policy saying it would be lifted by a pick-up in global growth.

Greece to issue more bonds after sale success

Greece will issue more bonds after last week's successful five-year debt sale that ended a four-year drought, the head of the debt agency said Sunday.

Chinese group acquires Britain's House of Fraser

Chinese conglomerate Sanpower has agreed to buy a majority stake in British department store House of Fraser in a deal worth £480 million (578 million euros, $800 million), according to a joint statement.

Indonesia poll outcome dims economic reform hopes: analysts

Prospects for much-needed reforms in Southeast Asia's top economy are in doubt after a worse-than-expected election performance by the main opposition left Indonesia staring at an unwieldy coalition government, analysts warn.

Samsung looks to life beyond the smartphone

After years of record profit growth, tech giant Samsung Electronics looks to be at a commercial crossroads as it searches for a new growth driver to counter slowing sales of its phenomenally successful smartphones.

Investors bet Sun Pharma can restore Ranbaxy to health

On the surface, Sun Pharma's $3.2-billion purchase of Indian generics rival Ranbaxy, which is in deep trouble with US regulators over safety lapses, may not look like a great deal.

IMF: 'herdlike' behavior driving global capital flows

Global capital flows are increasingly "herdlike" and volatile, making it harder for emerging economies to lock down capital, the International Monetary Fund said Saturday.

IMF no longer forces 'structural adjustment': Lagarde

The International Monetary Fund has changed and no longer imposes tough "structural adjustment" programs as it did in poor countries two decades ago, IMF chief Christine Lagarde said Saturday.

Greece's Eurobank to seek 2.86-bn euro capital hike

Greece's Eurobank on Saturday said its board had approved a 2.86-billion-euro ($4-billion) capital increase, in the latest move by one of the country's biggest lenders to bolster its reserves."The general meeting approved...

ECB's Draghi: the strong euro could require policy action

European Central Bank chief Mario Draghi said Saturday that the bank may need to take action to stem the rising euro."The strengthening of the exchange rate would require monetary stimulus" as long as interest rates are already extremely low, he said.

U.S. launches probe into weight loss company Herbalife

U.S. authorities have opened a criminal probe into the nutrition and weight loss company Herbalife Ltd., according to media reports Saturday.The New York Times reported that sources said the case has been under investigation for several months.

Amazon 'to release smartphone later this year'

Amazon is preparing to release a smartphone in the second half of 2014, thrusting itself into a market already crowded with Apple and Samsung models, The Wall Street Journal reported.

Op-Ed: UK banking cyber-attack test draws attention

During the last few years, there has been increase in security issues affecting stock markets and investors. Cyber criminals now pose a larger threat to corporate and personal information.
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