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Hostess Makers of Twinkies Seeks Bankruptcy Protection!

Looks like everyone favorite Twinkies is in trouble. The makers of Twinkies, Hostess is seeking bankruptcy protection as the company is struggling to make ends meet. Hostess Brands Inc., the maker of Twinkies and Wonder Bread, is seeking bankruptcy protection, blaming its pension and medical benefits obligations, increased competition and tough economic conditions. In its filing with the U.S. Bankruptcy ... Read More »

Sears and Kmart to close its shops

Bad day for retailers.A very bad Christmas for Sears Holding group of Companies. Thanks to the low key customer turnout to Sears and Kmart, the company has seen slump around 5.2% in its sales this holiday season. Some Business analyst says, Bad economy is the root cause for the low customer turnout which inturn has made the 125 year old ... Read More »

AMR files for Bankruptcy!

American Airlines and its parent company AMR Corp filed for bankruptcy on Tuesday after failing to win a labor deal with pilots and suffering from mounting fuel costs. AMR had been the only major U.S. carrier to avoid bankruptcy in the past decade. Its rivals used bankruptcy to restructure their labor agreements and cut costs. That left AMR, the third-largest ... Read More »

How U.S Wasted $34 billion in Afgan and Iraq ?

Yes, its official that U.S wasted $34 billion when it was struggling through recession, job loss and more. The United States has wasted some $34 billion on service contracts with the private sector in the wars in Iraq and Afghanistan, according to a study being finalized for Congress. The findings by a bipartisan congressional commission were confirmed to Reuters by ... Read More »

World Population and The Web Pages

The title Sounds funny , but the message it  provides  is more than funny. It is found out that the number of  Web Pages available Online  crosses  the total population of the earth. To say, the ratio between the Population and the web pages will be  1 : 150. This  shows that there are about more than 1 trillion web ... Read More »