Hy! My name is Andra and I’m a med school student. I enjoy riding horses at our local horse-riding school and playing massive multiplayer online role playing games or MMORPGs. Here at Metrolic, I try to update our readers on the latest news in business and economics.
Posted in: Business, U.S. News by Andra Marinescu | August 23rd 2010 | no comments
With most Americans wanting to always be connected to their nation's business life, more and more people have decided to make a career out of writing.
Business journalists in the United States have an average yearly salary of $65,000 to$70,000, according to a yet-to-be-formalized survey of the Society of American Business Editors and Writers. The survey was completed by nearly [...]
Posted in: Business, Lifestyle, U.S. News by Andra Marinescu | August 23rd 2010 | no comments
Our next shopping spree may not be the way we expect it to be! Due to these unfortunate economic times, several major retailers announced they will be shutting down some of their stores. For most of them the second quarterly earnings didn't play out as expected. For fear of losing their jobs or homes, customers aren't shopping the way they used too. Even major discount offerings and [...]
Posted in: Business, Featured, World News by Andra Marinescu | August 21st 2010 | no comments
According to Prime Minister Julia Gillard, “The people have spoken but it’s going to take a little while to determine exactly what they said.” This statement has been made after voters expressed their wishes in what is believed to be the tightest national election in almost five decades. The votes have been almost split between Gillard's Labor Party and Tony Abbot's [...]
Posted in: Business, U.S. News by Andra Marinescu | August 21st 2010 | no comments
The Pew Research Center for the People & the Press and the Pew Forum on Religion & Public Life have just finished a new national survey revolving in the President's religious beliefs.
This survey shows a substantial increase in Americans who believe Barack Obama is a Muslim, while the proportion saying he is a Christian has declined. Also, with more than a year and a half [...]
Posted in: Business, Featured, Technology by Andra Marinescu | August 18th 2010 | no comments
Research In Motion (RIM), the Canadian BlackBerry maker, sold about 150,000 copies in its first trading weekend it launched the Torch 9800 model in the U.S. market, less than about 11 times compared with the first three days after the launch of iPhone in April, when Apple sold 1.7 million copies, says U.S. newspaper The Wall Street Journal .
BlackBerry's sales of Torch [...]
Posted in: Business, Featured, World News by Andra Marinescu | August 18th 2010 | no comments
According to Wall Street Journal, at the end of last week, an Apple employee, one of USA's largest IT companies, was arrested for fraud.
Paul Shin Devine, a global supply manager at Apple, was accused for 15 counts of fraud, money laundring and illicit money transactions, from which he allegedly received more than $1 million in kickbacks from six companies in Asia that serve as [...]
Posted in: Business, World News by Andra Marinescu | August 18th 2010 | no comments
The Gross Domestic Product (GDP) of Japan in the second quarter was lower than that of China, according to official data, encouraging expectations that the Chinese economy will surpass the Japanese, this year.
Japan's unadjusted GDP in the second quarter totaled 1288.3 billion dollars in nominal value of U.S. currency, while China's production was worth U.S. $ 1336.9 billion, [...]
Posted in: Business, Featured by Andra Marinescu | August 18th 2010 | no comments
Carlsberg, the Danish beer producer, was founded in 1847 by J.C. Jacobson and was named after his son, Carl. The company's main brands are Carlsberg Beer and Tuborg, one of the most renown beers in the world. Its headquarters are in Copenhagen, Denmark. In 2009, the company became the world's 4th largest brewing company, employing over 45.000 people.
The group's net profit in the [...]
Posted in: Business, Entertainment, Technology by Andra Marinescu | August 18th 2010 | no comments
Hulu was founded in 2007 and first came out in an invitation-based alpha-testing version. Because of its success, the website soon went public. Hulu is a now a website offering commercial-supported streaming video of TV shows and movies for US-based viewers. The company is a joint venture of NBC Universal (Comcast), Fox Entertainment Group (News Corp) and ABC Inc. (The Walt [...]
Posted in: Business, Featured, Technology, World News by Andra Marinescu | August 18th 2010 | no comments
Mobile data traffic has continued to grow exponentially, even after the historic point reached in December 2009, when data traffic surpassed voice traffic for the first time, show traffic measurements made by Ericsson.
Currently, mobile broadband services represent about 10% of total mobile subscriptions, but generate most of the world traffic data. Traffic measurements made by [...]
Posted in: Business, Entertainment, Featured by Andra Marinescu | August 14th 2010 | no comments
Google vs everybody?!
Google hosts and develops a number of Internet-based services and products,and generates profit primarily from advertising through its AdWords program.
The company was founded by Larry Page and Sergey Brin, often called the "Google Guys", while the two were attending Stanford University getting their PhD's. Google was first incorporated as a small private [...]
Posted in: Business, Featured by Andra Marinescu | August 13th 2010 | no comments
The financial crisis of 2007 to the present is a crisis that resulted in the collapse of large financial institutions, the recovery of banks by government loans and downturns in stock markets around the world. The housing market also plummeted, resulting in numerous evictions and foreclosures.
The analysts believe this is the worst financial crisis since the Great Depression of the [...]
Posted in: Business by Andra Marinescu | August 13th 2010 | no comments
The sun is bright and shiny on GM's streets once again.
General Motors, also known as GM, one of USA's largest auto-manufacturers has undergone dramatic changes these past few years. During this crisis, they've cut 4 brands - Pontiac, Hummer, Saab and Saturn, 13.000 jobs and 25% of their US dealerships. But for once these changes seem to have finally paid out.
Since the year of [...]