U.S. jobs surge fuels hope of virtuous recovery cycle
The December payroll gain of 200000 cut the unemployment rate to 8.5 percent, the lowest in nearly three years, signaling a potential shift from the prior vicious cycle. Economists cite continuous hiring, rising consumer spending, and a path toward restoring jobs lost since the Great Recession.
MENTIONED IN THIS ARTICLE
Washington
United States
Sung Won Sohn
California State University
Channel Islands
Diane Swank
Mesirow Financial
IRS says billions owed in unpaid taxes in 2006
IRS study shows 2006 underpayment rate at 17 percent, totaling about 450 billion dollars. After audits, noncompliance fell to 14 percent, leaving unpaid taxes at 385 billion and total 2006 unpaid taxes near 2.7 trillion across the year. The deficit for fiscal 2006 was 248 billion.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Service
IRS
Volkswagen posts record global car sales in 2011
Volkswagen AG reports 2011 total sales of 5.1 million cars, up 13.1 percent from 2010. Europe and China led with 1.72 million units each, while North America rose 22.2 percent to 324,400 with U.S. gains of 26.3 percent. India and Russia posted the largest regional increases.
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Berlin
Germany
Volkswagen
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Volkswagen AG
China
North America
U.S
South America
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Russia
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The
Associated Press
CES Preview: Big Booths but No Apple Presence Draws Flak
Las Vegas hosts the International Consumer Electronics Show with 140000 attendees and 1.8 million square feet of exhibits. About 2800 exhibitors showcase tablets 3-D TVs ultrabooks while Apple skips the show preferring its own press events to control messaging.
MENTIONED IN THIS ARTICLE
Syracuse
N.Y
Las Vegas
Apple
CES
Panasonic
Amazon
CBS
Verizon Wireless
Microsoft to Skip CES Booth as Windows 8 Delays Loom
Microsoft confirms 2012 CES will be its last keynote and booth as Windows 8 launches slip to fall. CEO Steve Ballmer will unveil only rough prototypes while other firms push new gadgets, including TVs, cars, e readers, and tablets amid changing consumer tech trends.
MENTIONED IN THIS ARTICLE
Microsoft Corp
Microsoft
Steve Ballmer
Consumer Electronics Association
Gary Shapiro
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Americas
Apple Inc
Palm Inc
Palm
Hewlett-Packard Co
Amazon.com Inc
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