Wave of the Future: Bitcoin ATMs Coming to a City near You

    Media mogul Jeff Berwick is hoping to bring Bitcoin ATMs to major metropolitan areas throughout the world within the next couple of weeks to months.    Berwick expects to put the first two Bitcoin ATMs in Cyprus and Los Angeles in the next couple of weeks and is choosing between handfuls of different ...

See You Later: Lululemon Executive Axed After See-Thru Yoga Pant Fiasco

     Lululemon, the maker of yoga clothing, announced that its chief product executive was let go after last month’s see-through yoga pants debacle.   The Vancouver-based clothing company announced on Wednesday that Sheree Waterson, Lululemon’s chief product officer will step down on the 15th ...

Counterstrike: Facebook’s New Weapons against Google

  Counterstrike: Facebook’s New Weapons against Google   Facebook is planning to use Google’s own platform—the Android Operating System—against it.    The last time Facebook and Google had an opportunity to make friends was during the fall of 2007, when the two mega powers ...

Coming up Aces: Zynga Stock Surges on U.K. Gambling Bet

     Zynga, as a result of now offering real money online poker throughout the United Kingdom, experienced strong earnings for the first quarter of this year.   Shares of Zynga surged more than 12 percent on Wednesday after the company announced that it had just started offering real-money online wagering ...

Going Green gets a Jolt: Porsche Ready to Unveil Plug-in Hybrid Model

    The new Porsche Panamera E-Hybrid will boast a 20-mile all-electric driving range, along with an 84 mile per hour all-electric maximum speed.    Porsche is set to unveil a new plug-in hybrid version of its Panamera four-door vehicle at the Shanghai Motor Show in China towards the end of the month ...

What a Rip-Off: CVS Charges $133 more than Costco for Generic Drug

    CVS charges $150 for a monthly prescription of the generic form of the cholesterol drug Lipitor—the same drug sells for $17 at Costco.    This information was divulged in a recent Consumer Report survey that sent undercover shoppers to 200 pharmacies that carry five prominent drugs: Lipitor ...

Fannie Mae Posts Record Profit

  Mortgaging financing giant Fannie Mae reported a record profit of $17.2 billion in 2012, symbolizing the improvement experienced by the housing market over the course of the last five years.    Just a couple years ago, the U.S. government was forced to intervene and take control of Fannie Mae, which was nearly ...

On the Road to Recovery: Automakers Report Strong March Car Sales

  Major automakers recorded another solid month of car and truck sales, kicking off the crucial spring selling season on a positive note.    Ford motor, General Motors, and Chrysler Group posed domestic sales gains of 5 percent or better while Toyota Motor sales edged up 1 percent from a year ago. The Chrysler ...

A Certified Money Maker: Tesla Expects to secure its First-ever Profit

    Tesla Motors is on the verge of reporting its first-ever quarterly profit following strong sales of its all-electric Model S.    The announcement was a strong sign for the green motor company, pushing shares nearly 16 percent higher during Monday’s trading hours.    “There ...

Creeping Back to Normal: Madoff Victims get back another $500 Million

    An additional half a billion dollars has been returned to the victims of Bernard Madoff’s Ponzi scheme.    Roughly $506 million was returned to victims of the Ponzi scheme according to a Monday press release by the Securities Investor Protection Corporation and the office of trustee Irving Picard ...

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