Articles by Nish Amarnath
Jobless Greeks wait in line outside an unemployment bureau in Athens

Greeks Pack Off To Germany In Droves

Thalia Paraskeva, 24, was getting increasingly desperate. Equipped with a degree in graphic design from Athens, she had no luck finding a job in Greece. One day, she booked a ticket to Berlin and swiftly packed some dresses, a jacket, a pair of snug boots and a Greek-German dictionary before boarding the plane.

Shocking Fraud In For-Profit Colleges: Senate Probe

For-profit colleges, which are squandering their resources at the expense of students' outcomes, are bilking the government and the public, a two-year investigation led by Sen. Tom Harkin (D-Iowa), chairman of the U.S. Senate Committee on Health, Education, Labor and Pensions, concluded.
People wait to enter a government job centre in Malaga, southern Spain January 27, 2012. Spain's unemployment rate rose to 22.9 percent in the fourth quarter of this year, passing the five million mark, data from the National Statistics Institute sho

With Euro Zone Joblessness Sky High, Its Survival Is At Risk: Analyst

The number of unemployed people across all 17 euro zone countries soared 11.2 percent to 17.8 million in June -- up 1 percentage point from the year before, Eurostat, the European Union's statistical agency, reported Tuesday. Euro zone unemployment among people younger than 25 rose to 22.4 percent.

Chicago Bridge & Iron To Acquire The Shaw Group For $3B

Energy infrastructure company Chicago Bridge & Iron Company NV (NYSE: CBI) will buy The Shaw Group Inc. (NYSE: SHAW), a Baton Rouge, La.-based engineering and construction firm, for about $3 billion in cash and stock, the companies said Monday.

Pfizer Earnings Preview: Profit Down On Falling Sales

Pfizer Inc. (NYSE: PFE), the world's largest drug developer by revenue, is expected to report a decline in second-quarter profits on declining sales of its top-selling cholesterol drug Lipitor and generic competition for its glaucoma pill Zalatan.
Customers shop at Macy's department store in New York

US Retailers Dig Their Own Grave

The hefty $7.25 billion settlement that Visa and MasterCard have agreed to, in response to a 2005 class action lawsuit over credit card swipe fees, will disadvantage retailers further and restrict consumer spending in an economy that relies heavily on credit card use and personal expenditure.
Test tubes filled with samples of bacteria to be tested are seen at the Health Protection Agency in north London March 9, 2011. Picture taken March 9, 2011. For decades scientists have managed to develop new medicines to stay at least one step ahead of th

Merck Second-Quarter Earnings Preview: A Glimpse

Based on analyst estimates, Merck & Co. will report earnings of $1.01 a share on sales of about $12.16 billion -- an increase of 0.1 percent from the year-earlier quarter. The company posts its second-quarter earnings on Friday, before the opening bell.

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