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April 16, 2013

Bold Move: Dish Launches $25.5 Billion Bid for Sprint

Bold Move: Dish Launches $25.5 Billion Bid for Sprint

    Satellite TV provider Dish Network offer a bid of $25.5 billion for Sprint Nextel. The offer is a means to top another bid for Sprint: a $20.1 billion dollar bid for a 70 percent stake in Sprint from Japanese tech company Softbank. This offer, which Sprint accepted in the fall of 2012, was intended to give Sprint a ...

April 11, 2013

Computer Issues: Shares of Microsoft and HP Tumble after Dismal PC Sales

Computer Issues: Shares of Microsoft and HP Tumble after Dismal PC Sales

    Shares of prominent personal computer manufacturers, software companies and chipmakers tumbled Thursday after PC sales endured their worst quarter in history. Shares of Hewlett Packard plummeted nearly 7 percent during trading hours, while Dell and Apple fell by about 1 percent. Shares of Intel dropped nearly 3 ...

April 11, 2013

Total Recall: Toyota, Nissan and Honda in Massive Recall

Total Recall: Toyota, Nissan and Honda in Massive Recall

    Japanese automakers Nissan, Honda, Toyota and Mazda are on the verge of recalling roughly 3.4 million cars due to airbag defects.   Toyota announced it was recalling 1.7 million cars throughout the world, including many popular models, such as the Corolla, Matrix and Camry models. Nissan recalled roughly ...

April 11, 2013

Smoking Kills: Obama Calls for Cigarette Tax Hike of Nearly $1 per Pack

Smoking Kills: Obama Calls for Cigarette Tax Hike of Nearly $1 per Pack

    The federal government already imposes a sin tax on cigarettes of $1.01 per pack; however, President Obama wants to double the rate to nearly $2 a pack.    Anti-smoking circles are applauding the proposal, but many tax experts and tobacco companies are vehemently against it.    The ...

April 11, 2013

The Future is not looking so Bright: Class of 2013 Faces Grim Job Prospects

The Future is not looking so Bright: Class of 2013 Faces Grim Job Prospects

    College graduates under the age of 25 faces an 8.8 percent unemployment rate and of those lucky enough to secure employment, more than 50 percent work in positions that do not require a bachelor’s degree.   The upcoming class of 2013 will face an extremely grim job market, according to a new research ...

April 10, 2013

Broke Doctors: Wait, What?

Broke Doctors: Wait, What?

    As a considerable number of doctors struggle to keep their practices afloat, some are buckling under finance woes and pushed into bankruptcy.    A bankruptcy filing among those in the medical field is a trend that has accelerated in recent years industry experts say, with potentially crippling consequences ...

April 10, 2013

Axed: J.C. Penney CEO Shown the Door

Axed: J.C. Penney CEO Shown the Door

    The Ron Johnson tenure at J.C. Penney is official over.    The troubled department store announced late yesterday that Johnson is stepping down as CEO and leaving the company after just 18 months at the helm. Johnson is being replaced by his predecessor, Mike Ullman, who led the corporation for seven ...

April 10, 2013

Jay-Z’s Latest Venture: The World of Sports

Jay-Z’s Latest Venture: The World of Sports

    Rap star and businessman Shawn “Jay-Z” Carter, officially became a sports agent last week, kicking off his latest venture with a superstar client—New York Yankees second baseman Robinson Cano.    Roc Nation, the entertainment business created by Jay-Z in 2008 is launching Roc Nation ...

April 10, 2013

Shodan: The most Diabolical Search Engine on the Internet

Shodan: The most Diabolical Search Engine on the Internet

    “When Internet users do not find their inquiries on Google, they think no one can find them; this is simply not true.”   This is according to John Matherly, the creator of Shodan, which is widely regarded as the scariest search engine on the Internet.     Dissimilar ...

April 9, 2013

Pump the Brakes: Hiring Slows Severely in March

Pump the Brakes: Hiring Slows Severely in March

      Hiring in the United States slowed drastically in the month of March as the economy added only 88,000 jobs, the lowest monthly gain since June of last year.  Economists were expecting an increase of approximately 190,000 jobs when the United States Labor Department issued their jobs report today ...

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