Oct
26
It's fascinating to watch Amazon's strategy in its battle with Apple. Amazon reported a staggering 73 percent drop in income with the sales of its recession-friendly Kindles. Amazon makes th…
Oct
25
It's official: the one per cent really are different from everyone else. According to a report from the Congressional Budget Office, the top one per cent of the US population are actually gettin…
Oct
25
So where exactly do the one per cent work? If the latest figures are anything to go by, you would have to say that the protesters should direct their anger away from Wall Street.Statistics compiled …
Oct
25
James Murdoch is toast.As reported in the New York Times, News Corporation's independent shareholders have voted against reinstating Rupert Murdoch's sons James and Lachlan to the company…
Oct
24
Let's remember that "chaos" is a Greek word. Before you get too sad about the poor bondholders and how much money they're going to lose, have a think about what life in Greece has …
Oct
24
Gangs in America are taking new directions with the global financial crisis.According to the FBI's 2011 National Gang Threat Assessment, there are 33,000 officially designated gangs in the Unite…
Oct
22
Yahoo is definitely in play and we are likely to see a takeover happening soon. The Wall Street Journal reports that Google is looking to bring in some private equity to buy Yahoo which is weighing …
Oct
22
The future of Wikileaks is looking increasingly problematic.McClatchy news reports that Wikileaks could be in financial trouble because Visa, MasterCard and PayPal have refused for more than 10 mont…
Oct
21
Former British Prime Minister Tony Blair has been getting millions from wealthy oil clients.One example of that was his close relationship with Gaddafi. Blair led British efforts to end Libya's …
Oct
21
The problem at Rupert Murdoch's News Corporation isn't about phone hacking. The real ethical issue is Murdoch and his board believing that their only fiduciary duty is to themselves. And his…