Federal Reserve Chairman Ben Bernanke called the stock market “unusually uncertain” in testimony on Capitol Hill today. Immediately after Bernanke’s testimony, stocks fell sharply on both The Nasdaq Composite and Dow Jones Industrial Average. Stocks Fall as Bernanke Calls Market “Uncertain” Bernanke said that the Federal Reserve could take action to encourage investing in...
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Apple (AAPL) is expected to release an earnings report that will show big jumps in revenues and sales over the 2nd quarter of 2010. However, despite all of the sales, investors are still a bit cautious about the stock because of the recent iPhone 4 “Antenna-Gate” issue. Apple Earnings Report Thomson Reuters has reported...
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Whether it’s social video sites like YouTube and DailyMotion or fully streaming sites such as Hulu, Boxee, and Roku Online Free Television is officially here. Many have wondered the fate of traditional cable TV companies – how will they fare with this new format eating up market share and proving to be a new way...
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Back on January 12th, Google announced that it would be removing search result filters on its Chinese search engine. It was a big decision taken following the attacks on Google from what the Silicon Valley based company said were Chinese attacks to obtain confidential information on human rights activists dealing with China. The Chinese...
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Apple is reported to grow anywhere from 30-45% fiscal growth in the first quarter of 2010. Apple had 5.68 billion dollars in revenue and 2010 Q1 profit of 3.38 billion dollars. These are some highly impressive numbers for a company as established as Apple. Apple Growth Apple’s growth comes from a variety of areas....
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Many Television manufacturers have declared 2010 the year of the 3D TV. Sony, LG, and Samsung among the leaders in the push to get this new technology accepted among mass consumers. It will not be easy to get consumers to spend several thousand dollars on a new TV when most have just purchased their...
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A Kelly International Workforce survey has shown that employee loyalty has risen following one of the biggest economic crisis of the current generation. For the survey, 134,000 people in 29 different countries were asked their opinion on the matter. 63% of respondents say their loyalty wasn’t affected but 27% say it has improved. This...
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A lot of customers still claim that they are very happy with using Toyota regardless of the 8 million Toyota vehicles that have been recalled since October 2009. There was a recent survey study conducted by the Rice University’s Jones Graduate School Of Business of a national sample with the people who owned US...
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Toyota is alloting $250 million in retention bonuses to aid workers said to be affected by it’s recent decision to close New United Motors, popularly known as NUMMI-its only unionized plant in the US. The plant, located in Fremont, California, was a joint venture between Toyota and the now-bankrupt General Motors Corp. After GM...
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Unemployed Americans will prematurely lose their benefits if Congress fails to extend them. Congress has always acted to extend in the past but Republican Senator Jim Bunning of Kentucky has strongly resisted the reinstatement of unemployment benefits causing delay to close a deal in Congress. According to the Labor Department, 200 000 of the...
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