Posts Tagged ‘percent’

Jordan War Talk Hurts Real Estate Sector

AMMAN — Jordan’s once booming real estate sector is struggling under political and economic uncertainty while, citing the crisis in neighboring Syria, investors and bankers are predicting difficult times. Figures released by Jordan’s Department of Statistics in early September showed that real estate trade volume dropped by 25 percent during the first eight months of […]

U.S. adds just 96,000 jobs in August as more people give up job hunting

The U.S. non-farm sector added 96,000 new jobs in August, widely missing estimates although the unemployment rate fell to 8.1 percent compared to July’s 8.3%, according to a Labor Department report released on Friday. The two-tenths of a percent decline in the unemployment rate, however, was a result of more people leaving the labor force. […]

King Abdullah of Jordan Halts Fuel Price Increase

King Abdullah II of Jordan has stepped in to stop the government from imposing an increase on gasoline prices, a move apparently aimed at easing growing public discontent over the government’s economic policy. The king, who wields absolute power in accordance with the constitution, reacted one day after a 10 percent rise in fuel prices […]

Resale value of Galaxy S II drops after Apple’s $1 billion federal court win

Jerimiah Yap – Fourth Estate Cooperative Writer San Francisco, CA, United States (4E) – After a federal court decided that Samsung did infringe on Apple’s patent and awarded $ 1 billion to the Cupertino-based company, the Galaxy S II’s resale value has dropped. Gazelle, a website that buys consumer electronics and resells the merchandise, reported […]

eMarketer lowers estimated sales of Facebook for this year

Marketing research website eMarketer first estimated Facebook’s sales to reach a little more than 6 billion by the end of this year. However with the social media giant’s recent struggles, eMarketer has lowered its estimation to $ 5.04 billion. Last year, Facebook made huge strides by posting an 88 percent increase in revenue and 68 […]

iPhone only owns 7.5 percent of the Chinese smartphone market

Apple’s win against Samsung in a US federal courtroom is just one in the many legal battles the two companies are currently engaged in. The two companies compete for supremacy as Samsung dominates the global smartphone market, while Apple is a close second place. Article © AHN – All Rights Reserved Economy, Business And Finance […]

Facebook co-founder Moskovitz sells some shares, plans to sell more

Jerimiah Yap – Fourth Estate Cooperative Writer New York City, NY, United States (4E) – A few weeks ago Facebook director Peter Theil sold about 80 percent of his shares and earned an estimated $ 1 billion with only an investment of half a million dollars. Recently, Facebook co-founder Dustin Moskovitz has followed suit and […]

Water pipeline rupture makes waves in Karachi

In early August, as people struggled to survive the humid summer heat, a huge power cut deprived almost half of Pakistan’s largest city, Karachi, of electricity for more than 16 hours and led to the rupture of a water pipeline carrying more than 20 percent of the city’s drinking water. Article © AHN – All […]

Barnes & Noble’s Nook e-reader sales are down from last year

Jerimiah Yap – Fourth Estate Cooperative Writer New York, NY, United States (4E) – Bookstore Barnes & Noble Inc. posted a decline in its mobile digital reader sales in its second quarter report. It is the second consecutive quarter that Barnes & Noble has reported a drop in Nook sales. Last year Barnes & Noble […]

Maryland Seeks A New Balance In Its Unique Hospital Payment System

A proposal by the Maryland Hospital Association circulated to policymakers in recent weeks details a plan to shift costs to private payers by raising the rates they pay hospitals by 7 percent over three years while giving sharp discounts to the Medicare program for seniors and the Medicaid program for the poor Article © AHN […]