Intel lowered its forecast for the second half of the year based on poor demand for personal computers powered by the company’s chips.  Paul Otellini, Intel’s chief executive, told analysts that revenue would be in the “3 to 5 percent range, versus high single digits” of earlier projections. Net income rose slightly beating analysts’ expectations.  Intel reported that its net income rose... 

In response to concerns from Switzerland’s central bank, Credit Suisse announced a number of measures to increase its capital reserves.  To increase the bank’s capital position, the European bank tapped existing global investors, including money manager BlackRock, and new investors including Temasek, Singapore’s sovereign wealth fund.  The steps to improve its capital base also... 

Ericsson announced that its profit declined 63% in the second quarter.  Net income fell to 1.2 billion Swedish kronor, or $173 million, for the quarter.  ST-Ericsson, a venture with chip maker ST Microelectronics to make mobile-phone modems and components, has seen mounting losses.  The loss at the Geneva-based venture nearly doubled to 1.3 billion kronor from 700 million kronor a year earlier. Sales... 

Starbucks Refreshers is Starbucks’ latest drink line.  The drink line is scheduled to be available in the company’s stores in the U.S. and Canada by mid-July with locations worldwide to follow.  Starbucks says that their drink line is a breakthrough innovation that will set it apart from competitors. The drink line will be offered in ready to drink, handcrafted (made by baristas), and... 

If you plan on retiring any time in the next fifty years, you need to start saving for retirement immediately if you aren’t already doing so. There are several vehicles in which you can save money for retirement. Not all of them will be available to you, but some of them will be. Consider the types of accounts that you have available to you and make sure to save at least 10%, if not 15%, of your... 

Anheuser-Busch InBev announced plans to buy the other half of the Mexican brewer Grupo Modelo.  The company agreed to pay $20.1 billion for the stake, which is $9.15 for each share of Grupo Modelo, a 30% premium over the company’s closing share price the day before the deal was initially reported.  The company already owns 50% of the business. Anheuser-Busch InBev said it would pay for the... 

VangoNotes for Marketing: Real People, Real Choices, 5/e has become available in audiobook format from Audible. The title was published by Pearson Education, Inc. and was authored by Michael Solomon, Greg Marshall, and Elnora Stuart.VangoNotes for Marketing: Real People, Real Choices, 5/e was narrated by 19.95 and has a running length of 24 min It was first released in August 2011 and a sample is available... 

VangoNotes for Society: The Basics, 9/e can now be purchased in digital audiobook format from Audible’s digital audiobook service. The audiobook was provided by Pearson Education, Inc. and was written by John J. Macionis.VangoNotes for Society: The Basics, 9/e was narrated by 19.95 and has a length of 28 min It was first released in August 2011 and a sample is available for download. Audible’s... 

VangoNotes for Economics: Principles, Applications, and Tools, 5/e is available as an audiobook from Audible. The title was provided by Pearson Education, Inc. and was written by Arthur O’Sullivan, Steven Sheffrin, and Stephen Perez.VangoNotes for Economics: Principles, Applications, and Tools, 5/e was narrated by 19.95 and has a length of 21 min It was first released in August 2011 and a sample... 

Never Be Sick Again: Health Is a Choice, Learn How to Choose It (Unabridged) is available as an audiobook from Audible.com. The book was provided by Blackstone Audio, Inc. and was written by Raymond Francis, Kester Cotton.Never Be Sick Again: Health Is a Choice, Learn How to Choose It (Unabridged) was narrated by 32.95 and has a length of 13 hours and 36 min. It was first released in August 2011 and...