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Archive for October, 2012

Labor-ious Man: Ups and Downs

Since the beginning of time, man has had to eke out a living for himself. The means of accomplishing this task are numerous and varied. Today’s system of work generally occurs when man can conceive of a practical means to support himself. Hopefully, he is then on his way to a successful livelihood. However, many impediments can occur to keep products from the distribution needed to reach the consumer. Here  [ Read More ]

SAN FRANCISCO Netflix Inc. shares surged by more than 20% Thursday, triggering a brief halt in trading of the company’s stock, after a Securities and Exchange Commission filing said billionaire investor Carl Icahn had acquired a 10% stake in the video-streaming and DVD-rental company. According to the filing, Icahn and his affiliates believe, “the shares were undervalued due to the issuer’s dominant market position and international growth prospects.” Netflix shares resumed trading after the brief halt and were up to $ 82.17. The company’s stock has been battered of late after Netflix reported quarterly results last week and cut its forecast for video-streaming subscribers for the year.

NEW YORK Wall Street firms and U.S. banks scrambled to raise cash on Wednesday, as U.S. financial markets resumed normal trading after a devastating storm pummeled the U.S. East Coast and closed major markets for two days. Major banks and investment houses rely on the money markets – a key cash source for financial markets – to finance trading positions and loans that they make. Companies sell commercial paper and other short-term loans to money market funds and other investors fund their inventories and payrolls. The massive storm, Sandy, disrupted these markets, thinned trading and drove up borrowing costs on […]

Disputing Credit Report Errors our credit report tells the world a lot about you. What if it’s saying something it shouldn’t? Can you dispute your credit report? The short answer is “yes.” But before you raise that red flag, you should know about the types of errors that typically occur, and which ones are more harmful than others. As more Americans learn how to pull their credit histories, many are finding their reports aren’t giving a clear picture to potential creditors. Names are sometimes misspelled, and addresses are outdated. Even more discomforting, some people find information they don’t recognize. Some […]

What Not to Buy in November

What Not to Gobble up in November Talk about two-faced: When it comes to bargains, November is almost two different months. For most mortals, November is November until the calendar says otherwise. But for shopping fanatics, bargainistas and retailers, the days after Thanksgiving are when the serious price cuts really begin. So while you may find limited markdowns before Turkey Day, afterward “it’s hard to find things that aren’t on sale,” says Daniel Butler, vice president of retail operations for the National Retail Federation. During the first three weeks of November, there are bargains, too — everything from frozen turkeys […]

Research in Motion (RIMM) said Wednesday it has begun testing of its new BlackBerry 10 devices, leaving the pivotal smartphone on track to launch in the first quarter of next year. The latest incarnation of the BlackBerry has been highly anticipated as RIM has seen its leadership in the smartphone category collapse amid enormous competition from Apple’s (AAPL) iPhone and devices powered by Google’s (GOOG) Android platform. RIM said more than 50 carriers have begun testing the new BlackBerry 10 in the last week. Testing will continue over the coming months as more carriers begin to evaluate the devices, the […]

A House Financial Services subcommittee is expected to report the results of a year-long investigation into the collapse of MF Global “in the next few weeks,” according to a statement Wednesday. New York-based MF Global filed for bankruptcy last year, leading to $ 1.6 billion in missing customer funds. “Our investigation is essentially an autopsy of how MF Global came to its ultimate demise and what policy changes need to be made to prevent similar customer losses in the future,” said Rep. Randy Neugebauer, Republican from Texas and the chairman of the subcommittee conducting the review. According to a release, […]

Welcome to OnSale at Business, where we look at cool deals and insane bargains. Zipcar wants to help you get out the vote with a discounted ride. This tiny tool will help you track your steps and fitness goals and a  new website helps you find help with chores, errands, research and even IKEA furniture. And help the relief effort for the victims of Hurricane Sandy through donations of time or money.   Zipcar Discount Car sharing service Zipcar (ZIP) is offering discounted rates to members on Election Day to encourage members to drive themselves, their friends and their families […]

Even as most countries across the world put special stress on taking its children back to school, countries like US has seen steady increase in the number of students who prefer to study from home instead of going to school. A report published by Parenting.com reveals that the rate of American children opting for homeschooling has gone up by 75% since the year 1999. On an average estimated 4% of  [ Read More ]

Credit Repair After Unemployment

If you have been unemployed for some time, your credit rating has probably been affected. Maybe you forgot to pay a bill, changed your address and missed a bill or you made a partial payment on an account that was flagged as delinquent anyway. The first step is to find out what your credit looks like by obtaining a current credit report. Get your score There are several places online  [ Read More ]

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