Euro economy shows growth as eurozone exits recession
Minube a Madrid startup hires rapidly as demand grows across Europe. Eurostat reports the euro area GDP rose 0.3 percent in Q2, ending six quarters of recession and signaling modest but sustained European recovery amid ECB easing. The EU expanded to 28 nations. GDP totals about $17.3 trillion, surpassing the United States.
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Madrid
Minube
Europe
Spain
Italy
Pedro Jareno
Eurozone
Eurostat
European Union
Euro
European Central Bank
U.S
Britain
Poland
Croatia
Republic Steel faces over 1 million in Canton OSHA fines
OSHA cites Republic Steel in Canton for 24 violations including falls protection gaps on 66 foot runways and near a slag pit and furnace. Fifteen violations are willful, with two workers seriously injured last year. the firm faces $1.1 million in penalties and remains in the Severe Violator Enforcement Program.
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Washington
Republic Steel
Canton
Occupational Safety and Health Administration
Republic
Lorain
OSHA
David Michaels
Chad McClimans
United Steelworkers Union
Airline mergers no help to its flying consumers
The Department of Justice moves to block the American Airlines US Airways merger amid fears of higher fares and fees. The article notes deregulation since 1978 spurred consolidation, rising roundtrip costs to 378.62, and lists major mergers from 2005 onward shaping a four to five major U.S. carriers.
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New York
U.S
American Airlines
US Airways
Department of Justice
American-Us Airways
American
America West
Delta
Northwest
United
Continental
Southwest
London Whale scandal widens JPMorgan charges
Former JPMorgan traders Javier Martin-Artajo and Julien Grout along with co-conspirators allegedly falsified market values to hide a 6 billion dollar loss tied to Bruno Iksil the London Whale. U S attorney Preet Bharara calls the misconduct systemic and questions bank culture and oversight.
MENTIONED IN THIS ARTICLE
New York
Jpmorgan Chase & Co
Wall Street
Javier Martin-Artajo
Julien Grout
Bruno Iksil
London
Preet Bharara
Manhattan
U.S
U S requires car makers to offer data about recalls
U S consumers will gain online access to a recall database next summer. The National Highway Traffic Safety Administration will require major auto and motorcycle makers to provide recall data searchable by vehicle identification number. About 70 percent of recalled vehicles are repaired at dealers, leaving many unsafe cars on the road.
MENTIONED IN THIS ARTICLE
Detroit
U.S
National Highway Traffic Safety Administration
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George W. Bush
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Andy Brennan
Ibisworld
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British Airways
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Jpmorgan
Iksil
the Market IN Review
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