Topic: Reuters Group plc

Intercontinental Hotels revenues rise in America

LONDON (Reuters) - Intercontinental Hotels Group , the world's biggest hotelier, reported higher revenue growth at its American operations and said customer demand had remained strong despite the global economic slowdown."The U.S. industry experienced record levels of room night demand in the ...

VW's volumes jump in July, no sign growth ending

FRANKFURT (Reuters) - Volkswagen increased vehicle sales in July sharply and said it remained on track for further growth, signaling that economic weakness has so far not had a material impact on its business."The Volkswagen Group is maintaining its growth trajectory with ...

Nearly half states close budget gaps with cuts: CBPP

WASHINGTON (Reuters) - A majority of U.S. states have passed their budgets for the fiscal year starting July 1, according to the Center on Budget and Policy Priorities.As of Monday, 32 states had enacted their budgets, with at least 24 slashing spending ...

Who wants to be a millionaire? More in UK now are

LONDON (Reuters) - The number of millionaires living in Britain has risen by 17 percent over the last two years as the wealthy start to recover from the 2008 credit crisis, a survey revealed on Sunday.Barclays Wealth said there were 619,000 millionaires ...

Recession forces workers to reassess values

NEW YORK (Reuters Life!) - Job losses, home foreclosures and financial worries have forced Americans to reassess their values, including the importance of family and the emphasis they put on work.Many want a more balanced life with less stress and more time ...

Televangelist Schuller's megachurch files for Ch 11

NEW YORK (Reuters) - The Southern California megachurch founded by televangelist Robert Schuller filed for bankruptcy court protection, saying a number of creditors had opted not to prolong a moratorium on debt payments.Crystal Cathedral Ministries, best known for its weekly "Hour of ...

Recession drives bosses and workers closer: survey

NEW YORK (Reuters Life!) - Few bosses need worry that their employees want their jobs as most workers are just happy to be employed and one fifth would even have a fling with their boss if it helped their career, according to ...

Treasury's Krueger hopeful for jobs: report

LONDON (Reuters) - The United States' job market is recovering at a better rate than it did after its past two recessions despite high unemployment, a senior Treasury Department official was quoted as saying on Monday.In an interview with the Financial Times, ...

China economy slows, still in Beijing's comfort zone

BEIJING (Reuters) - China's economy cooled in the second quarter, a slowdown that is likely to extend over the rest of the year as Beijing steers monetary and fiscal policy back to normal after a record credit surge to counter the global ...

Record number of young Americans jobless

CHICAGO (Reuters) - The U.S. economic recession has taken a particularly heavy toll on young Americans, with a record one out of five black men aged 20 to 24 neither working nor in school, according to research released on Tuesday.Teenagers have found ...
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