Recent Business News
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Tales of the Absurd from Iraq: Contractors Gone Wild www.motherjones.com — Theft? Hookers? Melting down Iraqi gold to make cowboy spurs? All in a day's work for private military contractors in Iraq. More… 0 Comments Submitted By: destiney Categories: Business, Government |
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The Next Bubble: Priming the Markets for Tomorrows Big Crash www.harpers.org — Harper's February cover story was one of clear-eyed financial journalism. Eric Janszen explains Americas devolution from goods-production to paper shuffling. The FIRE economy (for Finance, Insurance, and Real Estate) concluding it can only survive by blowing ever-bigger bubbles. Veteran political analyst show government has systematically distorted More… 0 Comments Submitted By: destiney Category: Business |
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How can Microsoft overcome Vista’s lingering image problem? blogs.zdnet.com — Ask the average consumer on the street about Windows and many will insist XP is less annoying, more stable and works just fine, thanks. More… 0 Comments Submitted By: destiney Categories: Business, Technology |
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Sun Will Fire 2500 Employees; Posts Huge Loss online.wsj.com — Sun Microsystems Inc., citing impacts of the softening U.S. economy, posted a net loss on a slight decline in revenue for its third quarter and announced plans to cut up to 2,500 jobs. Shares fell 2.42 or 14.82% to $13.91 in after-hours trading. More… 0 Comments Submitted By: destiney Categories: Business, Technology |
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Baseball star Canseco loses home to foreclosure news.yahoo.com — Canseco said the foreclosure was not a difficult issue emotionally. But he sympathized with the millions of other Americans who have already lost, or face losing their homes, because of soaring interest rates on sub-prime loans. More… 0 Comments Submitted By: destiney Categories: Business, Lifestyle, Sports |
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Some of America’s most venerable newspapers face extinction www.economist.com — Pick almost any American newspaper company and you can tell a similar story. The ABC reported that for the 530 biggest dailies, average circulation in the past six months was 3.6% lower than in the same period a year earlier. More… 0 Comments Submitted By: destiney Category: Business |
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CEOs Rake It In, While Their Companies Tank abcnews.go.com — Being a CEO these days is like playing on a kiddie soccer team; everyone gets a prize... even the worst player. More… 0 Comments Submitted By: destiney Category: Business |
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Microsoft Hit with Patent Suit Over RoundTable www.cio.com — A company that develops cameras, FullView, that produce 360-degree videos is suing Microsoft for alleged patent infringement in its RoundTable conferencing product.FullView's patent, which builds on other patent applications dating back to 1995, covers a camera system that combines the fields of view of several cameras to form a continuous 360-deg. More… 0 Comments Submitted By: destiney Categories: Business, Technology |
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No News are Good News!? - Yahoo maintains silence money.cnn.com — No news isn't always good news. Four days have passed since the expiration of Microsoft's deadline for Yahoo to accept its buyout offer or face a hostile takeover. Microsoft declared it would launch a proxy fight to oust Yahoo's board or walk away from the deal if the two failed to reach an agreement by April 26. More… 0 Comments Submitted By: destiney Categories: Business, Technology |
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www.nytimes.com — Starbucks, faced with a sharp drop-off in customers, reported on Wednesday that earnings declined 21 percent during the second quarter. More… 0 Comments Submitted By: destiney Category: Business |