Global Business News

Corporate America took another step along its long road to recovery on Tuesday as companies from the industrial heartland of Peoria to the technology hubs of Silicon Valley reported stronger-than-expected profits and bullish outlooks. 

Read more here:

http://globaleconomicnews.blogspot.com/2009/07/corporate-profits-boost-for-us-industry.html

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Tags: Apple, Yahoo, DuPont, Coca-Cola, Credit Suisse, Merck, iPhone, BNY ConvergEx, DJIA, Dow Jones, Caterpillar, Wall Street, Nasdaq Composite, Silicon Valley, United, Continental, Southwest.

MOFFETT FIELD, Calif. – June 25, 2009 – Singularity University (SU) — the new academic institution with the goal of preparing the next generation of leaders to address “humanity’s grand challenges” — today announced the selection of 40 students to represent the inaugural class for the Graduate Summer Program (GSP). Singularity University narrowed the final 40 students from a pool of more than 1,200 candidate applications around the globe. The summer program begins on June 29, 2009, based at its campus on the NASA Ames Research Park.

Read more: http://globaldevelopmentnews.blogspot.com/2009/07/singularity-university-launches.html

Tags: Singularity University, ePlanet Ventures,  NASA, Silicon Valley, International Space University, MIT, Graduate Summer Program, Ray Kurzweil, Peter Diamandis, Google, Entrepreneurship, Global Development News, Education, Graduate School, The Singualrity, 

In a deal intended to strengthen Intel's push into the mobile computing arena, the Santa Clara chip maker and Finnish cell phone giant Nokia on Tuesday announced what they called a long-term relationship to develop new mobile devices.

Read more: http://globalitnews.blogspot.com/2009/06/intel-and-nokia-announce-long-term.html

Tags: Intel, Nokia, Strategic Partnership, Jack Gold, Atom, ARM chips, Google Android, Christopher Danley, JP Morgan, Silicon Valley, Moblin, Santa Clara, Netbooks, Maemo, Global IT News,  

Yeah, yeah. I was sure I knew all about microfinancing.

Kiva.org. Muhammad Yunus. Creating entrepreneurs and changing lives for an investment of pennies a day in India, Pakistan, Vietnam and the rest of the developing world.

I'm a smart guy, see. So smart that I recently found myself standing in a business started with a microloan in the exotic outpost of Mountain View, Calif. It was a dance studio that I'd driven by dozens of times, never giving a thought to where the money came from for the rent, costumes or the sound system that plays the music that keeps the aspiring ballerinas quite literally on their toes.

Read more: http://globaleconomicnews.blogspot.com/2009/06/microlending-taking-off-in-us.html

Tags: Kiva, Microfinance, Mohammed Yunus, microloans, Silicon valley, Opportunity fund, Global Development News, Stanford University, microlenders, Svetlana Taran, 

Cisco Systems today joins the elite circle of 30 blue-chip businesses that make up the Dow Jones industrial average, a move that may make it easier for the San Jose company to attract investors — at least initially. 

Read more: http://globaleconomicnews.blogspot.com/2009/06/cisco-joins-dow-jones-industrial.html

Tags: Cisco Systems, Cisco, DJIA, Dow Jones Industrial Average, GM, Sybille Reitz, Chuck Mulloy, DJ30, John Roberts, Stanford's Center for Global Business and the Economy, Silicon Valley, Bay Area Council, HP, IBM, Microsoft, Intel,

Listen up, San Francisco residents. Is there a leaky fire hydrant on the corner? A huge pothole on your street? Unsightly graffiti on your building? Starting today, you can contact city 311 officials viaTwitter.

Read more: 

http://globalbestpractice.blogspot.com/2009/06/san-francisco-links-311-call-center-to.html

Tags: 

City of San Francisco, Twitter, 311, Twitter linked to government, Call center, Silicon Valley, Global Best Practice, Global IT News, USA, California, 

The U.S. Department of Justice is investigating whether big tech firms, including Google, Yahoo (NSDQ: YHOO), and Apple (NSDQ: AAPL) broke antitrust law by possibly colluding on hiring policies, according to a report in the Washington Post.

Read more: 

http://globaldevelopmentnews.blogspot.com/2009/06/justice-department-probes-big-tech-firm.html

Tags: 

U.S. Department of Justice, Google, Yahoo, Apple, Hiring practices, HR, collusion, engineers, silicon valley, Global Best Practice, software, IT, web, coders, computer programmers,