Archive for the ‘Business’ category

Car Dealership takes advantage of Military Personnel
0

Car Dealership takes advantage of Military Personnel

When local Colorado military personnel member Lori Mendoza came across an advertisement last year from a local Nissan dealership that upheld itself as “Proudly Serving our Military” and promised deals for men and women in uniform, she thought it was a great deal. She traded in her older BMW to drive off in a 2010 [...]

Published by on August 15, 2011 11:15 am
Warren Buffett Urges for Higher Taxes on US Mega Rich
0

Warren Buffett Urges for Higher Taxes on US Mega Rich

Billionaire investor Warren Buffett has urged U.S. politicians to impose higher taxes on his fellow wealthy Americans. Buffett, the second richest man in the U.S. after Bill Gates, said in an op-ed for the New York Times today, “I have worked with investors for 60 years and I have yet to see anyone — not [...]

Published by on August 15, 2011 10:19 am
Hacker Group Anonymous Vows to kill Facebook
0

Hacker Group Anonymous Vows to kill Facebook

The hacker group ‘Anonymous’ has threatened to bring down the California-based social networking site on November 5, 2011, because of its privacy policy. A video, dubbed ‘Operation Facebook,’ was posted July 16, on youtube, from someone claiming to be affiliated with the group. The video said the reasoning behind the planned hack attack was allegations [...]

Published by on August 11, 2011 11:27 am
Bank of America Gets More Bad News
0

Bank of America Gets More Bad News

Bank stocks plunged 11% on Monday in their biggest one-day drop since April 2009, Hardest hit was Bank of America, the largest bank in the US, which saw its stock tumble 20% and the cost of insuring its bonds against default surge 50%. The bank has now lost 34% of its value since August 1. [...]

Published by on August 9, 2011 1:33 pm
Stock Markets Plummet Across the Globe
1

Stock Markets Plummet Across the Globe

Thursday was a day of massive stock market falls in Europe and the US of a kind not seen since the last economic downturn, traders said the atmosphere was reminiscent of the banking crisis of October 2008. Wall Street endured one of its worst days since the height of that crisis, with the Dow Jones [...]

Published by on August 5, 2011 11:29 am
Obama and Leaders Reach Debt Deal to avoid default
0

Obama and Leaders Reach Debt Deal to avoid default

Barack Obama has reached an agreement with Republican and Democratic congressional leaders aimed at ending the US debt deadlock that threatened to throw the US and world economy into chaos. However, in an address from the White House, he warned: “We are not done yet.” President Obama, in a hastily called appearance with reporters that [...]

Published by on August 1, 2011 9:45 am
Page 5 of 17« First...34567...10...Last »