The holiday season has seen an increase in people going shopping, but are people aware of the happenings around them? In a recent study viewers of Fox news were less informed than the people who didn't watch the news. Should people pay less attention on shopping and more on current events? Chris Chambers, journalism professor at Georgetown University, helps us analyze what's going on.
Water From Water
Desalination
U.S. Jobless Claims Unexpectedly Fall As Labor Market Mends
Fewer Americans filed applications for unemployment benefits last week, a sign the labor market may keep improving after employment picked up in July.
Jobless claims unexpectedly dropped by 6,000 to 361,000 in the week ended Aug. 4, Labor Department figures showed today in Washington. The median forecast of 43 economists surveyed by Bloomberg News called for an increase to 370,000. A spokesman for the agency said there was nothing unusual in the data.
U.S. Jobless Claims Unexpectedly Fall As Labor Market Mends
News Corporation loses $1,6bln in second quarter
News Corporation, owned by Rupert Murdoch, reported a net loss of $1.6 billion as the company faces ongoing legal charges over the phone-hacking scandal.
Publishing profits of the media giant fell to $139 million dollars from $270 million dollars.Last year the company earned a net income of $683 million in the same period.
News Corporation said it lost $224 million due to the "costs of the ongoing investigations initiated upon the closure of The News of the World".
The company has decided to separate its entertainment business from publishing assets, a move that has cost it $2.9 billion.
News Corporation loses $1,6bln in second quarter
Kim Dotcom raid video revealed
3NEWS report revealing the nature of the raid on Megaupload founder Kim Dotcom's New Zealand mansion in January — a raid which has become controversial as details have come out.
American news unwilling to tell citizens the truth
Public views of economic news—both overall and across most sectors—are little changed in recent months. Today, about half of Americans (53%) say they are hearing a mix of good and bad news about the economy, while 41% say they are hearing mostly bad news and just 3% say they are hearing mostly good news.
The latest national survey by the Pew Research Center for the People & the Press, conducted August 2-5, 2012 among 1,005 adults, finds that perceptions of economic news are relatively unchanged from July. However, this represents a rise in the proportion hearing mostly bad news about the economy from earlier in the year, when the unemployment rate dipped.
American news unwilling to tell citizens the truth
US employers advertise most jobs in 4 years, a sign hiring could pick up in the coming months
U.S. employers posted the most job openings in four years in June, a positive sign that hiring may pick up.
The Labor Department said Tuesday job openings rose to a seasonally adjusted 3.8 million in June, up from 3.7 million in May. That’s the most since July 2008. Layoffs fell.
The data follow Friday’s report that said employers in July added the most jobs in five months. A rise in openings could signal better hiring in the coming months. It typically takes one to three months to fill a job.
Even with the increase, hiring is competitive. There were 12.7 million unemployed people in June, or an average of 3.4 unemployed people for each job.
That’s down a bit from May and much lower than the nearly 7-to-1 ratio in July 2009, just after the recession ended. In a healthy job market, the ratio is usually around 2 to 1.
Still, employers have been slow to fill jobs. Since the recession ended in 2009, openings have increased 57 percent. Overall hiring is up only 19 percent.
US employers advertise most jobs in 4 years, a sign hiring could pick up in the coming months
Pfizer to Pay $60.2 Million to Settle FCPA Probe
Pfizer Inc. will pay $60.2 million to settle a federal investigation into bribery overseas, in the latest deal by a big drug maker trying to move past a U.S. government crackdown on using illegal payoffs to win international business, The Wall Street Journal reported.
- AFP/Getty
The world’s leading drug maker by sales, Pfizer was accused of bribing doctors, hospital administrators and regulators in several countries in Europe and Asia to prescribe medicines. Authorities uncovered evidence that company units rewarded high-prescribing doctors in China with cellphones and tea sets, while plying Croatian physicians who ordered Pfizer drugs with cash and international trips, according to court filings.
Pfizer to Pay $60.2 Million to Settle FCPA Probe
Company previously known as Blackwater agrees to $7.5 million fine in arms smuggling case
The international security contractor formerly known as Blackwater has agreed to pay a $7.5 million fine to settle federal criminal charges related to arms smuggling and other crimes.
Documents unsealed Tuesday in a U.S. District Court in North Carolina said the company, now called Academi LLC, agreed to pay the fine as part of a deferred prosecution agreement to settle 17 violations.
FUTURE PRIMATE 