Twitter now has developed a new business model to generate some much needed income. As the BBC reports, it is now selling vintage tweets to companies who are using them for market research purposes. T…

In an extraordinary piece of news, workers at Goldman Sachs are creating a union. Well, it's Goldman Sachs in Japan but it's still extraordinary that bankers are even thinking about it.Accordi…

Over in the US state of Wyoming, they're getting ready for the end of the world. As reported here, legislators in Wyoming are preparing a "Doomsday bill" which looks at what Wyoming shou…

One of the driving forces behind the ongoing Occupy Wall Street protests is the fact that corporations have not been paying their fair share in taxes. That's the backdrop to revelations that Gener…

There is no doubt the Facebook IPO will transform Facebook and turn it into something that's very different for users. The big risk for Facebook is that it will piss off large sections of its 800…

The debt accumulated in Europe is extraordinary. First we have the revelations that Spain owes about €30 billion in overdue bills for rubbish collection and other services for municipalities, and tha…

Talk about dungeons and Draghi. European Central Bank president Mario Draghi has declared war on Europe's social safety nets. Watch out, the austerity measures are about to get worse.In an intervi…

Watch what you post on Facebook and Twitter, governments might be watching. The US Electronic Privacy Information Center has posted online a 2011 Department of Homeland Security manual that includes …

The big court case which could make or break BP is starting next week.The Financial Times reports that lawyers say 116,000 clients have joined in legal action against BP, from fishermen and clean-up w…

Reuters reports that the Obama Administration has finally barred two Yakuza godfathers, Kenichi Shinoda and Kiyoshi Takayama, from trading in the U.S which means that any US held assets they hold will…