Record Mac, iPhone and iPad sales droved the highest revenue and earnings ever for Apple. Earnings were released after the market closed on January 18, 2011, just a day after the holiday announcement that CEO Steve Jobs was taking a medical leave of absence from the company. (Trending News - January 18, 2011)
FULL STORY »After sinking as low as 8,244, the Dow closed today at 8,691, But the end-of-day gains into positive territory didn't sway Asian markets after the U.S. close.
Fearing a more prolonged economic downturn as a result of the ongoing crisis in credit markets and the housing industry, Asian markets plunged on Friday. Japan's Nikkei 225 stock average was down more than 7 percent to 7,847 in afternoon trading, the lowest level in more than 5 years, and Hong Kong's Hang Seng index fell 4.6 percent to 13,125.
America's largest brewer, Anheuser-Busch announced that it will launch its own in-house video production company, along with a Web-based video network called Bud.TV. The move is geared to target 21-27 year old males, who are increasingly moving to online entertainment on websites such as MySpace and YouTube.
Entertainment analyst Robert Routh, of Jefferies & Co., thinks that Viacom and Yahoo should consider a merger.
According to MarketWatch, "Routh pointed to the presence of Yahoo Chief Executive Terry Semel, who, with Bob Daly, turned Warner Bros. into the industry's most profitable studio over a 20-year period that ended in 1999."
Full strory at MarketWatch.com.
12:19am 09/08/2006
According to a report by the U.S. Department of Energy, the United States has more oil within its borders, than all the other proven reserves on earth. Today, this gigantic oil deposit sits untapped under parts of Wyoming, Colorado, and Utah, and some companies could stand to profit enormously from exploiting this resource.
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Some of the popular Cadbury chocolate eggs, a favorite around Easter time, are being recalled because pieces of plastic were discovered in the product. Chocolate maker Cadbury Adams Canada, based in Toronto Canada, discovered the problem at a Hamilton production line. According to their spokesperson a small piece of plastic used to mould the eggs chipped and got into the product.
With most American homeowner wealth tied to skyrocketing real estate prices, it's no wonder that a free online real estate appraisal website is topping the charts.
For more information: Free Online Home Value Appraisals.
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It started off as a seemingly innocent interview with a "Dr. Myra Vanderhood" who has supposedly been doing research about "pherotones". The tones can be downloaded as ringtones so you can, according to the doctor, "experience the ring tone secrets that will make you irresistible to the opposite sex."
But little by little, by investigating the source of a Wikipedia entry about Pherotones (which is under review for deletion), ad buying activity, and other indicators, the Internet community has discovered the truth behind another player in this growing trend.
FULL STORY »The Federal Reserve contains credit card rate information, as well as a lot of other helpful tips and advice about how to find the best credit cards and use them wisely. More credit card information.
More stringent requirements to declare bankruptcy go into effect starting October 17, 2005. Passed by Congress and the House in the Spring of 2005, these new laws, supported by the credit card industry, will make it more difficult for people to file for bankruptcy, and require stricter repayment plans for those who file.
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An online coin counter has been created to make it easier for people to exchange their extra coins for cash. If you do not want to make the journey down to your local Coin Star location, this option might be good for you.
Pepsi Fire and Pepsi Ice were introduced recently in Asian countries such as Singapore (see photo), and Mexico. Fans have reported being barred from bringing the products in to the United States, but some die-hards sneak the new hot fire and cold ice drinks across the border. And of course, some crazy tasters will mix the two, for a real hot/cold experience.
Energy Trends: Due to Gulf supply shortages, natural gas prices are expected to rise 40% over the next few months on the West coast, and up to 70% in the Midwest. Watch out for the Winter when demands rise.
FULL STORY »Following the numerous scandals on Wall Street and increasing distrust of our financial institutions, there's a growing criticism around the role of the Federal Reserve in the U.S. economy. And few topics will get the debate club juices flowing like asking the question, "Who Owns the Federal Reserve?"
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