Resource Nation’s Pick For Top 5 Business Stories of the Week

Posted by on June 28, 2010 in Business News [ 0 Comments ]

With so much hype surrounded around a certain new smartphone being released this week, it left little room for other business stories to get much press.  We did some searching, and found the best stories this week so you don’t have to.

  1. Companies ramp up spending, fuel economic growth [Forbes] “Businesses have invested more money in machinery, computers, steel and other metals in three of the past four months. The uptick is fueling economic growth in the second quarter and may lead to more jobs later this year.”
  2. Gen. Stanley McChrystal summoned to Washington [The Washington Times] “The top U.S. commander in Afghanistan has been summoned to Washington to explain derogatory comments about President Obama and his colleagues, administration officials said Tuesday.”
  3. Urban Outfitters Selects Starmount to Develop Mobile Point-of-Sale [MarketWatch] “Starmount today announced they have signed an agreement with global retailer, Urban Outfitters, Inc.  to develop an in-store mobile point-of-sale (POS) application. Deployed on the Apple iPod touch to deliver an easy-to-use interface, the application is aimed at improving personalized customer service, increasing floor efficiency and reducing transaction time and costs.”
  4. Twitter Settles U.S. Charges Over Hacker Attacks [Businessweek] “Twitter Inc., the microblogging service with about 190 million visitors per month, agreed to settle a U.S. government complaint that security lapses allowed hackers to view private messages and send “tweets” from other people’s accounts.”
  5. Thousands flock for iPhone 4 debut [CNN Money] “They call it the Jesus Phone, and the scene outside Apple’s New York City flagship store did have something of the air of a religious event on Thursday.”

What was your favorite business story this week?  Let us know in the comments if we missed it.

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