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A major crackdown on online gambling has taken place in the US, led by the FBI and US Attorney’s Office. The charges leveled against the Internet sites range from bank fraud, illegal gambling, and laundering billions of dollars in relation to illegal g...
United States (Apr 16th, 11)
According to an investigative panel of the United States Senate charged with assessing the causes of the economic recession, Goldman Sachs has been singled out as one of the main contributors to the current economic situation. The lengthy report essentially...
United States (Apr 14th, 11)
President Obama came out today with a counter plan to tackle the national debt. According to his plan, through a series of cuts, tax increases, and other measures his plan would trim roughly $4 trillion from the deficit in the next twelve years. The focus of...
United States (Apr 13th, 11)
Cisco Systems Inc. released a statement indicating that it would decline to renew four of its major company priorities in a restructuring of its operations intended to, according to the company’s CEO to address the concerns of investors and employees a...
United States (Apr 12th, 11)
The status of the economic recovery has been threatened by the recent turmoil in the international sphere. The sluggish economic recovery in the European Union, plagued by the Greek and Irish economies, the increasing inflation in China, the protests in the ...
United States (Apr 11th, 11)
Google has recently been cleared by the US Justice Department to go ahead with its planned $700 million acquisition of flight-data software company ITA; however, several compromises will be required of Google based on concerns over the implications for competi...
United States (Apr 11th, 11)
General Electric (GE) is leading the charge in the US in the green energy sector. The company is currently determining a location in the upcoming months for what is anticipated to be the United State’s largest solar-panel plant. The plant will cost the...
United States (Apr 7th, 11)
The White House recently issued a statement regarding the potential of a governmental shutdown. The stance of the Obama Administration on the impending governmental shutdown is that the shutdown would threaten the nascent economic recovery exhibited in the US ...
United States (Apr 6th, 11)
Last Tuesday, the Republican Chairman of the House Budget Committee, Representative Paul Ryan, released his budget proposal. As was anticipated, the House GOP plan will result in heavy cuts in funding from government services and programs as an attempt to dr...
United States (Apr 5th, 11)
Last February Deutsche Börse AG and the NYSE Euronext, announced the highly anticipated, highly covered $10 billion deal to create the biggest exchange operator in the world. However, a steady steam of rumors surfaced before the negotiations closed that...
United States (Apr 4th, 11)
Apple is preparing for an announcement to be given at San Francisco’s Yerba Buena Center for the Arts on Wednesday regarding the iPad 2. This is the official unveiling of the iPad 2. While there were some recent rumors surrounding whether the iPad 2 rele...
United States (Mar 1st, 11)
In the remarks that US Treasury Secretary Tim Geitner intends to deliver to the House Financial Services Committee today, it is anticipated will address the views of the Obama administration on the future of Fannie Mae and Freddie Mac. Remarks he has delivered...
United States (Mar 1st, 11)
Federal Reserve Chairman Ben Bernanke will deliver his semi-annual report later this week. The Chairman is expected to face extensive questioning over fears surrounding inflation in the US economy in addition to the stubborn unemployment rate. The Republicans...
United States (Feb 28th, 11)
According to an article in the Washington Post, the rising food and energy prices are corroding the effects of the tax cuts. The extra money workers received this past January from the reduction in the payroll tax has halted momentum in consumer spending. The...
United States (Feb 28th, 11)
Today the Noble Energy company secured the first US deep-water oil-drilling permit to drill in the Gulf of Mexico since the BP oil disaster, which took place nearly 10 months ago. Regulators have signaled they will approve more applications in the near future....
United States (Feb 28th, 11)
Crude futures have decreased on the news that Saudi Arabia has increased its crude production to offset the supply gap created by Libyan unrest in the Middle East. Saudi Arabia has now increased production by 500,000 to 600,000 barrels per day to 9 million. A ...
United States (Feb 28th, 11)
The Chicago-based investment trust Ventas Inc. has come to an agreement to buy Newport Beach-based Nationwide Health Properties Inc. in a stock-swap merger worth roughly $7.4 billion. This would make the largest health-care Real Estate Investment Trust (REIT) ...
United States (Feb 28th, 11)
A JP Morgan Chase investment fund, known as JP Morgan Digital Growth Fund, is reputed to be seeking a minority stake in the social media industry by buying a portion of the micro-blogging site Twitter. The website is currently valued at nearly $4.5 billion, an...
United States (Feb 27th, 11)
According to the Dayton Business Journal, analysts are projecting a 37 percent increase in revenue. These reports indicate that the auto manufacturing sector is on a path to recovery. The report provided by the Dayton Business Journal indicates that the car sa...
United States (Feb 27th, 11)
According to the Phoenix Business Journal, the Arizona Corporation Commission (ACC) will confer over the anticipated Quest-CenturyLink merger next week. Last Friday, a federal judge approved the settlement of the class-action lawsuit from shareholders challeng...
United States (Feb 26th, 11)
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