MANAGEMENT

New iPhone '5' May Support NFC Chip; Is Apple Ready To Release The iWallet?

New iPhone '5' May Support NFC; Is Apple Ready To Release The iWallet?

Passbook will be formally introduced with iOS 6, but Apple may also announce an expansion of that software, specifically for an NFC-capable iPhone. With the recent discovery of iPhone prototypes embedded with code that specifically mentioned near-field communication components, there's an excellent chance the company's next iPhone, which many have already crowned the iPhone 5, will feature Apple's patented iWallet technology.

Why Can't Europe's Leaders Figure Out How To Solve the Crisis? BNP Paribas Explains

An eye-catching illustration included in a report by BNP Paribas Exane explains why the Continent's leader seem unable to solve the ever-worsening eurozone crisis: in spite of being ostensibly committed to the same goals, top policy-makers disagree on the
An eye-catching illustration included in a report by BNP Paribas Exane explains why the Continent's leader seem unable to solve the ever-worsening eurozone crisis: in spite of being ostensibly committed to the same goals, top policy-makers disagree on the more aggressive policies most experts believe are needed. It's almost like they're on different planets.
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Monsanto, Nike, General Mills: 11 Earnings Reports To Watch, June 25-29

Expectations for U.S. company earnings are on a slippery slope down Wall Street as the euro-zone crisis deepens and economic data around the world disappoints. With one week left in the second quarter, it is a good time to measure revisions in earnings estimates for companies in the S&P 500.
Microsoft Windows Phone 8

Microsoft Windows Phone 8 Launched With Exciting Features; Nokia, Samsung, HTC, Huawei Announced As First Hardware Partners

Microsoft has struck again. Just a couple of days after launching the Surface tablet, the Redmond company took the wraps off the latest iteration of its mobile operating system, the Windows Phone 8, during a nightclub-themed media event in California Wednesday. With an exciting set of new features, the upcoming mobile OS has indeed managed to get the first impression of many onlookers already.
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World Wealth Report 2012: Asians Top List Of Millionaires

The millionaires in Asia outnumber their counterparts in North America for the first time while the overall financial wealth of high net worth individuals (HNWI) declined across all regions except the Middle East, according to a new study.
AFSCME election

Largest US Public Workers Union Set For New Leader

The nation's largest public-sector employee union this week selects its first new leader in a generation, and its more than 3,500 delegates, representing about 1.4 million members, must decide which of two candidates is most likely to halt declining membership and shrinking benefits: the one focused on national politics or the one focused on localized activism?
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JC Penney Shares Plunge After President Departs

Shares of J.C. Penney Company, Inc. (NYSE: JCP) plunged mid-Tuesday by 10.15 percent, or $2.47, to $21.86 in the wake of president Michael Francis' departure, as the department store struggles to change its discount model and increase revenue.

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