SEC Examining Facebook Investments
Under current SEC rules certain companies can sell stocks and investments while still remaining an entirely private company; this is exactly how Facebook is able to sell stock to major investment firms...
View ArticleFord Matches Toyota As Number 1 Car Brand
According to Consumer Reports Ford has managed to gain 35 percentage points nationally when it comes to most favorably viewed automotive brand. Each year Consumer Reports ranks all automotive brands in...
View ArticleReport: Unemployment Still Rising
A report published today shows that despite the small growth of the economy millions of Americans are still jobless. Unemployment claims rose by nearly 20,000 people this month compared to last; many...
View ArticleVolkswagen Debuts New Passat Sedan
Volkswagen unveiled their new midsize sedan today; as previously expected the new midsize is simply a redesign of the Passat. Of course along with the redesign came some substantial changes to the...
View ArticlePlayboy Reaches Deal to Become Private
Despite the fact that Playboy started as a private company it was eventually forced into public trade for monetary reasons; today however Heffner reached a deal to stop that. Heffner is reportedly...
View ArticleAirbus Secures Order for 180 Jets
Airbus, the leading European airliner manufacturer, secured an order from IndiGo for 180 of their airliners. IndiGo is an Indian budget airline; thanks to today’s order IndiGo will also be the launch...
View ArticleForeclosures Expected to Drive Home Prices Down
During the past two years home prices have been falling all across the United States due to high foreclosure amounts; some predictions published this week indicate that the trend is likely to continue....
View ArticleGoldman Sachs Facebook Deal Cancelled
Goldman Sachs announced today that their plan for U.S. investors to invest as much as $1.5 billion has officially been cancelled. Goldman Sachs said in a statement today that negative media attention...
View ArticleFor-Profit Colleges File Lawsuit Over New Regulations
Recently the U.S. Department of Education has been working on establishing new regulations regarding for-profit colleges in the United States. Today a company representing multiple for-profit schools...
View ArticleBorders Expected to File Bankruptcy
For the past few months Borders has been struggling to stay afloat due to a decrease in sales. Today Borders Group has reportedly entered the final stages of preparing for and filing bankruptcy. At...
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