Latest News
Economists expect manufacturing industry to stay strong for the rest of 2021
By Bree Gonzales | Aug 12, 2021
Unexpected growth in demand for American-made goods for the month of June has economists seeing a strong manufacturing industry throughout the year.
Statement from U.S. Secretary of Commerce Gina Raimondo following Senate passage of the Bipartisan Infrastructure Investment and Jobs Act
By Press Release | Aug 11, 2021
Includes historic investment in broadband, provides statutory authorization for MBDA and increases NOAA funding to address climate change
Poshmark CEO 'delighted' to bring company to India
By Andy Nghiem | Aug 8, 2021
Poshmark, Inc. announced Aug. 2 plans to bring its simple, social, and sustainable shopping experience to India.
'The start of a long journey': American Eagle Outfitters opens first Irish location
By Andy Nghiem | Aug 8, 2021
On August 5, American Eagle Outfitters opened its first store in Ireland at Dublin's Jervis Shopping Centre.
Real GDP increases at 6.5% annual rate in second quarter estimate
By Valerie Bonk | Aug 3, 2021
The real gross domestic product (GDP) increased at an annual rate of 6.5% in the second quarter of 2021, according to an advance estimate released Thursday by the U.S. Commerce Department.
TransPerfect and Semantix to merge, forming a 'rapidly growing global team' in the language field
By John Kelly | Aug 3, 2021
TransPerfect, global provider of language and technology solutions for businesses, recently announced it will merge operations with Semantix, the largest provider of translation and interpretation services in the Nordic region.
Citing delta variant, U.S. to 'maintain existing travel restrictions'
By Steven Hughes | Aug 3, 2021
White House officials announced on July 26 that the U.S. will continue its travel ban as the highly contagious delta variant of COVID-19 continues to spread across the globe.
Spaulding Ridge opens office in Jaipur, India, to serve clients 'across the globe'
By Caleb Lombardo | Aug 1, 2021
Spaulding Ridge, one of the world's leaders in cloud technology advisory and implementation, announced this week they have opened an office in Jaipur, India.
'Almost surprising everyone': Increasing demands cause rising food prices globally
By Steven Hughes | Jul 28, 2021
Grocery shoppers might feel the pinch of rising prices because of increased demands, global use of food and droughts impacting crop production.
HBO Max has expanded its streaming platform with 'brand new user experience' to those in Latin America and the Caribbean
By Valerie Bonk | Jul 22, 2021
The US-based streaming platform HBO Max is now available to users in Latin America and the Caribbean as it expands its services.
Coca-Cola under scrutiny for opposing Georgia election bill, lobbying against Chinese Uyghur legislation
By John Breslin | Jul 21, 2021
Coca-Cola is facing criticism for speaking out against a voter reform bill and on other issues in the U.S. while reportedly lobbying against legislation to punish China for its treatment of the Uyghur population in the west of the country.
China's stronghold on global medication production a cause for concern, FDA says
By Valerie Bonk | Jul 18, 2021
The U.S. relies on China for medications as production for many generic medicines are located off-shore, but the Food and Drug Administration said it does not know much more than that.
McKinsey study: Hybrid work-from-home practices here to stay
By David Hutton | Jul 16, 2021
A year ago many companies urged their employees to work from home as the COVID-19 pandemic led to lockdowns, forever changing the way people work.
Hard Rock's new Madrid hotel offers 'distinctly different personality'
By Valerie Bonk | Jul 10, 2021
Hard Rock Hotels has opened a new location in Madrid, Spain, in the Golden Triangle of Art, formed by three nearby art museums including El Prado.
Bureau of Economic Analysis: Foreign investment in U.S. drops $45.4% in 2020, COVID-19 pandemic plays a role
By Ian Leigh | Jul 8, 2021
The U.S. Bureau of Economic Analysis (BEA) reported that foreign investment in the U.S. dropped 45.4% in 2020 compared to 2019, with COVID-19 playing a role.
BEA notes GDP increases, projects further growth despite 'upward revision to imports'
By Karla Florez | Jul 8, 2021
The U.S. Bureau of Economic Analysis (BEA) reported an increase of 6.4% in the real gross domestic products annual rate for the first quarter of 2021 in its third estimate.
Crackdown on political dissidents 'is putting the Chinese playbook on the Hong Kong situation'
By Andy Nghiem | Jul 7, 2021
Rapidly increasing global media speculation suggests that Beijing's oppressive national security law is not only negatively affecting Hong Kong residents, it is straining Hong Kong's relationships with countries around the world.
Coke, Dutch nonprofit team up 'to rid the oceans of plastic'
By David Beasley | Jun 24, 2021
Coca-Cola Co. is teaming up with a Dutch nonprofit to clean up the world’s oceans.
Nations Lending Adds National Corporate Training Leader
By Press release submission | Jun 5, 2021
As Nations Lending, a leading national full-service mortgage lender, continues to expand its footprint across the U.S., the onboarding, training, and development of hundreds of employees continues to remain a high-priority initiative.
PIMCO Appoints Giorgio Cocini as Managing Director for Italy, France, and Iberia
By Globe Banner | Apr 3, 2020
PIMCO, a renowned fixed income investment manager, has announced the appointment of Giorgio Cocini as a Managing Director to oversee its business in Italy, France, and Iberia. Cocini, currently the Global Co‐Head of Financial Institutions Investment Banking at Bank of America, will join PIMCO in June and operate from the firm's London office. He will report to Craig Dawson, Managing Director and PIMCO’s Head of Europe, Middle East and Africa.Emmanuel Roman, PIMCO’s Chief Executive Officer, expressed his confidence in Cocini, stating, "Giorgio will be an outstanding...