Business

The Biggest Percent Loser Today are Shares of GSI Commerce Shares of GSI Commerce (ticker: GSIC) are trading down 5.4% to $27.82. Volume so far today is 211 thousand shares versus the 3-month average daily volume of 816 thousand shares. Also… Shares of Kulicke & Soffa Industries (ticker: KLIC) are trading down 4.3% to $7.65. Volume so far today is ... Read More »

The Asians are financially now the king of the world. They have already advanced in so many fields it seems only money was their problem. But now that too is fixed. It will be only a matter of time before the Europeans start seeking Asian immigration, am just saying. The net wealth of Asian millionaires has eclipsed that of rich ... Read More »

A new Harris survey reveals that more and more Americans say they don’t believe a word of what banks and credit card companies are telling them. The issue is a trust one, and right now, financial consumers are fed up financial institutions — so much so that it will take years, maybe decades, to regain that trust. We’ll get to ... Read More »

Buffett , Bill Gates the top ranked billionaires of the world has   joined hands and have appealed to fellow Americans  to give half of their wealth to charity. My first reaction  LOL!!! According to Forbes Magazine,  Bill gates has USD 53 billion and Buffett total money comes around  USD 47 billion. Gentleman, why dont you start by giving half your ... Read More »

The pilots of Spirit Airlines walked off their jobs on Saturday morning. They are on strike protesting demanding better pay. The strike was called on after negotiations that went on into the wee hours failed to produce a new contract. “Spirit pilots are willing to withdraw their services to get the contract they deserve,” said Captain John Prater, president of ... Read More »

G.M. Recalls 1.5 Million Vehicles, yes thats right GM just jumped into the bandwagon of companies recalling their product due to production defects. This is getting too common these days and oddly the numbers are always huge. Do they even test if their products are working these days ?? Well, this time General Motors said it is recalling 1.5 million ... Read More »

Who says Car sales gone down?? If any one still think car sales  has gone down, then they seriously need to reconsider here in India. According to the reports, Car sales in India recorded the strongest in the month of April reaching at an annual high of 39.5 percent,indicating consumer demand in India despite rising consumer prices. Buyers are usually ... Read More »