Business

In order to push the sales of new cars, lenders are going to extreme ends. Extreme indeed, think about it paying a car loan for ~8 years. Last month Nakisha Bishop took out a loan to buy a $23,000 Toyota Camry and pay off several thousand dollars still owed on her old car. The key to making it work: she ... Read More »

While Pepsi is getting itself a new bottle, Coca-Cola is cutting it’s work force. Coca-Cola is trying to streamline it’s business and as a part of it cut 750 jobs in the US. The world’s biggest beverage maker says the jobs cuts will be across the board and that affected individuals will be notified in coming weeks. The cuts represent ... Read More »

Pepsi has got itself a new bottle for it’s 20-ounce drink. This is the first time in 17-years that Pepsi is taking such a measure as it concentrates on marketing and grabing the market from Coco-Cola. The new bottle that Pepsi unveiled is designed so that it is much easier to hold and it has got itself a much smaller ... Read More »

A survey has revealed that China’s manufacturing is declining at is at a 4-month low. While economic reforms are being brought into effect to save the economy and it does seems to be be effective. But the other side of the sector seems to suggest the contrary. The only real truth behind the slowdown is decreasing requirement, which could only ... Read More »

Revel, the glittering new casino that was opened for business just back in April 2013 has filed for bankruptcy. Revel is the newest casino in Atlantic City, New Jersey, after much delays it finally opened it’s door for business last year. In less than a year it has gone bankrupt. The new casino said that it would file for Chapter ... Read More »

Al-Jezeera has acquired Al-Gore’s Current TV and the only plan it has for its future is the grave. Al-Jezeera has taken-over Current TV only for the fun of killing it, we might be exaggerating a little bit more here. But yes, thats the truth. Al-Jezeera is only interested in Current TV’s access to 50 million American households. Which it plans ... Read More »

Netflix is a very generous company. They have doubled the pay for the CEO Reed Hastings in 2013 to $4 million. Netflix will be paying CEO Reed Hastings $2 million in salary and $2 million in stock options. In 2012, Reed took home just $500,000 plus $1.5 million in stock options. Why did Netflix get so generous? Well, truth to ... Read More »