Sales in the European Union are down 12 percent this year and Bloomberg reports "a few hundred" workers, mostly in Germany and the United Kingdom will be getting the axe. And pioneering electric car maker Tesla Motors has announced it's selling 5 million shares to raise much needed cash.
Cooks and servers, scientists and sales reps — those are some of the workers who say they perform better after drinking coffee. People who work as nurses, journalists, and teachers also say they're more effective if they have coffee, in a survey from Dunkin Donuts and CareerBuilder.
Greek businessmen say the country has never managed to properly market its prized olive oil. They say many of the country's business practices will have to change if it is to become a player on the world market.
Neither President Obama nor Republican challenger Mitt Romney has offered many specifics on how to fix the economy. But economists say that, based on what we do know, the candidates offer very different visions for spurring growth.
The joint venture will manufacture and distribute Kellogg brands like Frosted Flakes into China. The Chinese don't have a tradition of eating breakfast cereal, and turning them into cereal lovers may be tough because of deadly scandals involving tainted milk.
Apple says it sold more than 5 million of its new IPhone over the weekend. The iPhone 5 sold better than the last version. But sales were not as strong as many analyst expectations, and there are concerns about Apple's ability to keep up with demand.
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