Home » Archive for September, 2012
Wells Fargo (NYSE: WFC) Joins Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), and Others Hit By Cyber Attacks
In the past weeks, the US banking industry has been a target for a growing number of cyber attacks. While cyber attacks are nothing new for the industry, the scale and coordination of the recent events are somewhat unprecedented, putting... More of this article »
UBS (NYSE: UBS) Succeeds Where Bank of America (NYSE: BAC) Fails, Avoids Costly Settlement
In the past four years, there has been a significant spike in the amount of shareholder lawsuits. Investors have grown increasingly leery of firms as they worry they have been misled as the firms they own are mismanaged. In the past... More of this article »
Citigroup (NYSE: C) Sees Rising Mergers and Acquisition Deals in Korean Market
The global market for mergers and acquisitions has been hampered – as firms strive to assess what future market conditions will demand, M&A activity on the whole has been low. Globally, mergers and acquisitions this quarter have... More of this article »
Wells Fargo (NYSE: WFC) Hires Peregrine Communications Targetting Asia and Europe Media Relations
The Wells Fargo (NYSE: WFC) brand has been a stable of American west coast financial services for well over a century. While it’s dominance on the west coast has long been held, the firm clearly has bigger aspirations, to achieve... More of this article »
Bank of America (NYSE: BAC) Reaches $2.43 Billion Settlement Over Merrill Lynch Acquisition
Since the financial crisis of 2008, shares of Bank of America (NYSE: BAC) have struggled to regain footing. The firm has been embroiled in literally thousands of lawsuits, while also facing increased scrutiny from regulators. Much... More of this article »
JPMorgan Chase (NYSE: JPM) Fined by CFTC
Fines and settlements are appearing on epidemic proportions in financial services today. Multiple notable cases are reflecting a troubling trend, of firms violating limits put in place to limit risk in the financial system in off the... More of this article »
Goldman Sachs (NYSE: GS) Sees Economic Growth Slowing in China
China’s economic growth for the past decade has been far above the world average, and significantly faster than key counterparts in Europe and the United States. However, the near 10% annual growth they have enjoyed may soon be coming... More of this article »
Vice President Biden rips Romney over Social Security
While President Barack Obama was focusing on his fundraising, Vice President Joe Biden was campaigning on Friday by attacking challenger Mitt Romney over Social Security. Biden started a two-day trip through Florida on Friday, which... More of this article »
Heineken Soaks Up Tiger Beer
Heineken NV has spent another $4 billion to take control of Tiger Beer as part of the company’s strategy of expanding significantly into Asia. Singapore based Fraser & Neave’s shareholders agreed on Friday to sell their stake... More of this article »
US Bancorp Web Site Attacked by Middle East Group
US Bancorp customers had a hard time loading the company’s web site and do online transactions. Its spokesman Tom Joyce said that the site remained up during the purported attack. According to its web admins, the Minneapolis bank... More of this article »
Researchers Find Four Distinct Forms of Breast Cancer
A new form of genetic analysis by researchers of breast cancer found four distinct forms of the disease. Experts said this explains why a drug therapy for one type of the cancer might not work to help cure another form. The new findings... More of this article »
Andy Williams Dies Aged 84
Andy Williams, who might be best known for his Moon River rendition that propelled him to stardom during the 1960s died on Tuesday in Branson, Missouri at his home. Williams had been battling bladder cancer it was announced his family.... More of this article »
Discover to Refund Credit Protection Fees
Discover Financial Services agreed to pay $200 million in refunds to more than 3.5 million customers who paid for credit protection services over the phone. The company must also pay $14 million in civil penalties to banking regulators. The... More of this article »
NFL Players and Coaches Demand Return of “Real Refs”
The third week of the NFL regular season ended Monday night with the Seattle Seahawks defeating the Green Bay Packers 14-12. However, the controversy over blown calls by replacement officials in that game and many others is alive and... More of this article »
Unbelievable Ski Deals
Skiing is one of the most common snow activities in the whole world. Skiing can even become a competitive sport. Whether you are traveling for pleasure or for business, skiing can be a great past time. During the year, there are many... More of this article »
Unemployed Americans Gives Up Looking for Work
Millions of Americans are frustrated of not finding work. Most of them have already given up looking for one. Some young adult had to move back to their parents’ homes. Some parents are also helping out with the college debt of their... More of this article »
Africans Arrive in Alabama to fill job openings
The new immigration law that was designed to rid Alabama of undocumented immigrants has helped to give new jobs to other immigrants. Immigrants from who were living in Atlanta have become the unexpected beneficiaries of available work... More of this article »
Certain Whites see Life Expectancy Decline
For a number of generations, it was understood that children would have longer lives on average than their parents. However, evidence is mounting that the trend has reversed for the least-educated whites in the country, a group that... More of this article »
New Kidney Donation System Possible
Next year, the way kidneys that have been donated are allocated to those in need of a transplant, could change. The change would make the fittest organ available to those with the longest probability of living with the new kidney.... More of this article »
How to Order Blinds Online
The internet has made shopping for a lot of the things that people want a lot easier and much more convenient. Because of the power of the internet, many people spend more of their time shopping online; from the comfort of their homes,... More of this article »
Anti-Jihad Advertisement to be on display next week
The highly provocative ad that implies that some Muslims who are radical are also savages will start appearing in New York City on Monday. The ad will start only two weeks after violent protests at diplomatic missions of the United... More of this article »
Bank of America (NYSE: BAC) Slashing 16,000 Jobs
Bank of America (NYSE: BAC), the nation’s second largest bank, plans to cut 16,000 by the end of this year, according to a report published in The Wall Street Journal. The cuts come at a precarious time as the nation continues... More of this article »
Goldman Sachs (NYSE: GS) Sees Funds Getting Smaller
Goldman Sachs (NYSE: GS) recently completed the investment stage for its 2007 fund, raising $20.7 billion, but market insiders don’t expect it to return to market seeking a similar sized pool of capital. The firm’s global... More of this article »
Bank of America (NYSE: BAC) CEO Moynihan Still Under Fire
With no end in sight, the Charlotte based banking giant Bank of America (NYSE: BAC) is once again looking to slash costs in its businesses, this time aiming to take out 16,000 jobs by the end of this year. Chief Executive Officer Brian... More of this article »
Pawlenty Resigns as Co-Chair of Romney Campaign
Tim Pawlenty, the former Governor of Minnesota and presidential candidate quit Thursday as the co-chair of the presidential campaign for Republican nominee Mitt Romney. He resigned to become a top lobbyist for Wall Street in Washington.... More of this article »
Finding Cheap Holiday Flights
Cheap holidays. Not words you normally see together in the same sentence, especially when it comes to airfare. However, if you plan well and purchase early, you can save substantially. Here are some great tips that can help you put... More of this article »
Romney Video Causes Campaign Problems
It seems as though the presidential campaign for Republican nominee Mitt Romney is in complete disarray thanks to stories that surfaced on Monday that revealed tension within his campaign, particularly the displeasure with a trusted... More of this article »
Sexting Tied to Risky Sex amongst Teenagers
One of seven high school students in Los Angeles who have a cell phone has sent photos or a test message that are sexually explicit, according to a survey. In addition, the survey said that sexters are more apt to take part in sexual... More of this article »
Black Christians Might not turn out to Vote
Some of the black clergy across the nation do not see a good choice for the president between one candidate who is supportive of gay marriage and another who is Mormon. Therefore, the clergy is telling their parishioners not to vote... More of this article »
U.S. Diplomats Pulled from North African Embassies
Amid rising concerns over violence and anti-American sentiment, U.S. government has called home all staff that is non-essential from embassies in Tunisia and Sudan. The state department also warned all citizens of the U.S. against... More of this article »
Stanford Defeats USC for the Fourth Consecutive Time
The NCAA football national title race took a huge turn in just the third week of the season. The no. 21 ranked Stanford Cardinal defeated no. 2 ranked USC Saturday at Stanford 21-14. The win for Stanford was its fourth consecutive... More of this article »
U.S. Moves Drones and Spies into Libya
The government of the U.S. is sending additional Marines, spies and drones into Libya trying to speed up the search for the people who were responsible for the killing of the U.S. Ambassador to Libya and three other people from the... More of this article »
Sanofi Receives Approval for MS Medication
Last week, the Food and Drug Administration in the U.S. approved a new drug for treating relapses of the debilitating disease multiple sclerosis. The medication known as Aubagio is taken once a day. Genzyme, a Sanofi Aventis subsidiary,... More of this article »
Breast Feeding Professor Sparks Controversy
Washington’s American University has announced that it will not change or create any new policies pertaining to breast feeding because of the controversy created by one if its professors who breast fed her baby while a class was... More of this article »
Saralegui appearing in ads directed towards Hispanics
Cristina Saralegui is known by many as the “Hispanic Oprah” and she will be helping President Barack Obama with a television ad geared towards the Spanish speaking voters. The ad appears on television in Nevada and starts on Friday... More of this article »
Obama and Romney to appear live with on Univision
Both President Barack Obama and his Republican presidential challenger Mitt Romney will for the first time in election history participate in television programs directed specifically at an audience of Hispanics. Univision, the Spanish-language... More of this article »
Fish Oil Supplements May Not Benefits the Heart
A study released on Wednesday said it does not appear as though the fish oil pills full of omega-3 fatty acids have a significant effect on preventing strokes, heart attacks or death. The new results come as sales of the supplements... More of this article »
Libyan Protesters Kill U.S. Ambassador
A group of religious extremist protesters stormed the U.S. consulate in the eastern Libya city of Benghazi on Tuesday night. In the process, the protestors killed Chris Stevens the U.S Ambassador to Libya and three other American diplomats. Officials... More of this article »
FBI Launches new ID Program
The Federal Bureau of Investigation has unveiled the latest technology in its continued search to track down criminals. The newest system the FBI has in use uses biometrics and will cost more than $1 billion to be implemented. The... More of this article »
Murray Finally Breaks through to win Grand Slam title
Scotland’s Andy Murray defeated Serbia’s Novak Djokovic to win the U.S. Open Tennis Championship on Monday in front of a capacity crowd in New York City. Murray was cheered on by fellow countryman and Hollywood star Sean Connery,... More of this article »
How to Find Affordable Domestic Flights
Finding affordable domestic flights these days is a lot different than it was ten years ago. There was a time when there was only one say to purchase USA flights, through a travel agent. Now we have more options at our disposal, but... More of this article »
Chicago Teachers Strike
The Chicago Teachers Union announced late Sunday night that they would go on strike starting Monday morning. It is the first time the union has gone on strike for 25 years. Leaders of the union announced on Sunday that since they were... More of this article »
CEO of Ryanair Has Unkind Words for Customers
Ryanair, the deep-discount air carrier was in the news late last week. However, the publicity was not what the airline was probably looking for. The airline’s CEO Michael O’Leary called his customers idiots. The airline’s number... More of this article »
Tornadoes touch down in two New York City Boroughs
On Saturday, it was confirmed by the National Weather Service that two tornadoes touched down in New York City. One was confirmed in Brooklyn, while the other touched down in Queens. The tornado that was in Brooklyn was categorized... More of this article »
Sleep Apnea Very Common Amongst Women
A recent study in Sweden shows that close to 50% of all the women tested had some type of sleep apnea ranging from mild cases to very severe. Scientists in Sweden monitored over 400 adult females’ patterns of sleep overnight. The... More of this article »
GM to Offer 500 New Jobs at Tech Center
General Motors is planning to add around 500 jobs at its new information technology center in Austin, Texas. This is the first step that the automaker is taking to bring most of its IT work in-house for the next three years. GM plans... More of this article »
Finding Cheap Flights Online in 2013 and Beyond
How do you find cheap flights online? It’s easier than you might think. First, there are a number of websites that will allow you to do price comparisons for free. Kayak.com, Expedia.com, and Flights.com are just a few examples.... More of this article »
Alzheimer’s Predictor: Sleeping Problems
If a recent study using mice can apply to people, then problems with sleeping could be an early sign for Alzheimer’s, say researchers. Plaques, clumps of protein in the brain, are considered to be a crucial component of the debilitating... More of this article »