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As Facebook prepares to file its IPO documents with the U.S. Securities and Exchange Commission — as soon as Wednesday, according to recent reports — the company is trying to make the argument that it adds more to the economy than a convenient way to waste time at work.
Speaking at the World Economic Forum in [...]
Australia’s economy grew more than expected in the third quarter of 2011, driven by building and mining activity.
Gross domestic product (GDP) rose by 2.5% between July and September compared to the same period last year, the statistical bureau said.
Analysts were expecting an increase of 2.1%. The Australian dollar rose slightly on the news.
On Tuesday Australia’s [...]
(WASHINGTON) — Factory output rose for a third straight month in September, a sign the economy is growing slowly. Manufacturers made more airplanes, trucks and home electronics to meet rising demand.
Output at U.S. factories increased 0.4 percent in September after gaining 0.3 percent in August, the Federal Reserve said Monday.
Production of business equipment rose 1 [...]
