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  • Financial Sector No Longer Preferred Career Path for Graduates - 30 may 2013
  • As thousands of students attending college prepare to graduate, the Harvard Crimson reports that only 15% of Harvard graduates are planning to carve a career in finance, compared to the 47% who took jobs in finance in 2007, prior to the financial crisis of 2008. The decline of job opportunities on Wall Street over the past few years is likely a factor in this trend, but it appears that a large number of current job seekers are looking for job satisfaction rather than financial compensation.

  • American Airlines/US Airways Merger Edges Forward - 16 may 2013
  • The American Airlines/US Airways merger moved a step closer to completion, when US Judge Sean Lane signed off on the proposed agreement to merge the two airlines, thereby creating the largest airline in the world, one that will have more than 100,000 workers in its employ. The signing off of the agreement came more than six weeks after Judge Lane heard the motion in a hearing during which he rejected the proposal to hand AMR Corporation CEO Thomas Horton a severance package of $20 million.

  • Facebook Has Positive First Quarter - 2 may 2013
  • Facebook's first quarter results released on Wednesday revealed that its monthly active users rose by 23 percent compared with the same period in 2012. This puts active Facebook users at 1.11 billion, with up to 751 million users accessing the network from mobile devices. An average of 665 million users visited the world's number one social media platform every day in the month of March. First quarter revenue totaled $1.46 billion, reflecting an increase of 38 percent over last year's $1.06 billion.


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