Information was released on May 12, 2011 that Facebook Inc., recently hired a PR firm for the specific purpose of sending out stories that included criticisms of Google Inc.’s privacy policies. This is only the latest display within a growing rivalry between these two online giants. The WPP Group PLC’s Burson-Marsteller was hired by Facebook [...]
The price of corn has risen to the point that it is prohibitive for an number of overseas buyers, which has plummeted its demand. This may drive the tightened corn supply upward, easing the price of food by the end of this year. In fact, it is anticipated by the Agricultural Department that the exports [...]
McDonald’s Corporation announced that its global sales for April were better than expected, achieving an increase of 6 percent within its established restaurants, even as they introduced a menu that included higher prices to offset the increasing cost of their ingredients such as beef. The company’s shares rose to $79.31, which is up by 61 [...]
Apple Inc. has now overtaken Google Inc. for the position of the most valuable brand in the world. A WPP Plc report said that the maker of the popular iPod, iPad, iPhone, and iMac devices climbed beyond the top search engine with a value of $153.3 billion, which is up 84 percent from 2010. On [...]
GM has released its numbers for its first quarter, showing that its revenues have increased by 15 percent and that their profits have tripled when compared with the same time last year. That said, they also announced that they still have the potential to greatly increase their performance. The chief financial officer for the company, [...]
According to the Friday May 6 Labor Department report, 244,000 new jobs were added in April, which was both higher than what economists had predicted and greater than the number of new jobs added in March, which was 221,000. Though that may seem positive, there are still indicators that the economic recovery is still in [...]
On Friday, May 06, oil took another tumble, heading for the largest weekly recorded loss in history, after dropping by 10 percent. Any early gains that had been achieved then turned around as oil returned to the negatives on Friday afternoon as the dollar saw increases, furthering oil’s unexpected Thursday collapses, when Brent saw decreases [...]
The price of oil dropped by over 8 percent on Thursday, May 05, as it neared the largest plummet on record for a single day. This, after economic growth worries and financial constricting led to a commodities sell-off. Following weak American and European economic data was released, which pounded commodities all week long, the price [...]
After two solid years of struggle for casinos, where gamblers chose to stay away when money was tight, the casinos across the country are finally beginning to recover, as they see revenues start to climb despite the drop in the number of jobs. An annual survey released on Wednesday, May 4, by the American Gaming [...]
According to an announcement made by General Motors on Tuesday, May 03, small, fuel efficient cars drove the auto sales in April up by 27 percent when compared to those from a year ago. Similarly, Ford Motor Company reported that their sales had increased by 16 percent, crediting the success to their new Focus, for [...]
Google specifically targeted by Facebook with smear campaign
Relief in food prices may come as corn supply rises
McDonald’s same store sales better than expected
Apple takes Google’s top position in brand value at $153 billion
GM announces revenue spike of 15%, tripling first quarter profits
Jobless rate increases but payrolls remain strong in April
