Business News
Apple Media Event Countdown Begins (NASDAQ: AAPL)
Apple’s (NASDAQ: AAPL) now annual fall media event is just hours away, an event in years past that has been focused on music and has seen a number of product and technology announcements, including several iterations of the iPod Nano and the iPod Touch. The most common speculation for this year’s event is that there [...]
Apple (NASDAQ: AAPL) to Live Stream Media Event
Apple (NASDAQ: AAPL), will be live streaming its press event today to users, but only those users running iOS or OSX based devices. Some believe that the move to only broadcast the live stream to Apple users is a snub on the part of the company, but it’s more likely that Apple is hoping to [...]
Hedge Fund Sells Bank of America Corp (NYSE: BAC) Shares for Citigroup, Inc (NYSE: C)
Lee Ainslie, a hedge fund manager, has sold all of his shares in Bank of America Corp (NYSE: BAC) and used the funds to begin investing in Citigroup, Inc (NYSE: C) during the second quarter, according to media reports. Ainslie’s Maverick Capital, along with a number of hedge funds, moved funds away from Bank of [...]
Apple (NADSAQ: AAPL) May Overhaul iTunes, Increase Sample Length to 60 seconds
Apple (NASDAQ: AAPL), the largest digital music retailer, is expected to boost the amount of time users can listen to a sample song as part of a larger overhaul of its iTunes store. CEO Steve Jobs is expected to take the stage on Wednesday at Apple’s annual September media event which has traditionally focused on [...]
Ford Motor Co. (NYSE: F) Begins Sales of Vehicles with MyFord Touch
Ford Motor Co. (NYSE: F) has begun offering the sale of two vehicles which feature the “MyFord Touch” on-screen turn-by-turn navigation and computer systems, including the 2011 Ford Edge and 2011 Lincoln MKX. The MyFord Touch technology is also expected to be available on the 2012 Ford Focus. The MyFord Touch technology allows users to [...]
Google (NASDAQ: GOOG) May Compete with iTunes via YouTube Movie Rentals
Search-giant Google (NASDAQ: GOOG) is reportedly in talks with industry-executives to bring movie rentals to YouTube, according to a report to the Financial Times, placing the company on a collision-course with Apple’s (NASDAQ: AAPL) iTunes. Analysts expect that Google will attempt to take advantage of YouTube’s wide usage base and availability across all sorts of [...]
Ford Motor Co. (NYSE: F) Recalls 570,000 Windstar Vans in U.S. and Canada
Ford Motor Co. (NYSE: F) is recalling about 575,000 Windstar vans in twenty-one northern U.S. states and Canada from models made between 1998 to 2003 because of the possibility that the van’s rear-axle may fracture from corrosion, said regulators from the National Highway Traffic Safety Administration on Friday. Regulators opened a preliminary investigation on the [...]
Apple (NASAQ: AAPL) to Hold Press Event to Announce iPod Touch on Sept. 1.
Apple (NASDAQ: AAPL) will hold a press conference next Wednesday, in which the company is expected to show off a new iPod Touch model and perhaps a cloud-based iTunes announcement or a new Apple TV. The event is set for September 1st at the Yerba Buena Center for The Arts, in San Francisco, the same [...]
Ford Motor Co. (NYSE: F) to Bring Eight New Models to India Market
Ford Motor Co. (NYSE: F) plans to introduce eight new vehicles in India during the next five years in order to take advantage of increasing demand for its cars in the country. Company executives announced on Thursday that the Dearborn-based automaker plans to introduce the Figo small car from India to 50 new markets, including [...]
Apple (NASDAQ: AAPL) May Introduce 99 Cent TV Rentals, New AppleTV, New iPod Touch on Sept 7th
Apple (NASDAQ: AAPL) may be introducing 99 cent TV show rentals, a new iPod Touch, and potentially a new Apple TV at a September 7th press event, according to a report from Bloomberg News. Bloomberg reported that Apple’s press event may bring the introduction of 99-cent tv show rentals which will feature content partners from [...]
Google (NASDAQ: GOOG) Revamps Google Finance for Android and iPhone (NASDAQ: AAPL)
Google (NADSAQ: GOOG) has revamped its version of Google Finance for the Apple iPhone (NASDAQ: AAPL) and for the Android mobile platforms. Brian Shish, Google product manager for Google Finance, wrote on the Google Finance Blog, “We heard your feedback and are pleased to announce we’ve launched the new Android/iPhone edition of Google Finance for [...]
Ford and Portland G.E. to Partner on Electric Vehicles (NYSE: F) (NYSE: GE)
Ford Motor Co. (NYSE: F) and Portland General Electric Co. (NYSE: GE) are entering into a partnership in which the two companies will share information about vehicle charging needs as both companies prepare to produce higher numbers of electric cars in the years ahead. Dearborn, MI-based Ford announced on Tuesday that it plans to bring [...]
General Electric Co. (NYSE: GE) Spent $8.3 Million on Q2 Lobbying
General Electric Co. (NYSE: GE) spent a total of $8.3 million lobbying the federal government during the second quarter, working on a wide range of issues including clean energy legislation and financial reform legislation. The conglomerate company spent more than the $7.2 million that it spent during the second quarter of 2009, as a number [...]
Ford Motor Co. (NYSE: F) Chairman Predicts Company Will Lose Investors to General Motors IPO
Ford Motor Co. (NYSE: F) Chairman Bill Ford Jr. recently said that he believes his company may lose some of its investors to General Motors’ initial public offering, because investors may find a better deal with GM shares than keeping their shares in Ford. Ford noted that he does not want to give too much [...]
Lending Club IRA: All About Lending Club’s Retirement Accounts
Last year, peer-to-peer lending company Lending Club began offering individuals the option to setup an IRA to serve as a tax-advantage way to invest through Lending Club. Here’s everything that you need to know about the Lending Club IRA. Before considering a Lending Club IRA, you must first consider whether or not Lending Club is [...]
Intel (NASDAQ: INTC) to Purchase McAfee for $7.7 Billion
Intel (NASDAQ: INTC) announced today that it would be acquiring McAfee for $7.7 billion in a deal which would offer McAfee shareholders a 60% premium above the company’s closing stock price on Wednesday. Shares of McAfee skyrocketed by 58.l3% during pre-market trading to $47.38 and Intel’s shares dropped by 2.2% to $19.16. The acquisition will [...]
Gates Foundation Purchases 500,000 Goldman Sachs Group Inc. (NYSE: GS) Shares
The Bill and Melinda Gates Foundation purchased 500,000 shares of Goldman Sachs Group Inc. (NYSE: GS) to its portfolio during the second quarter, according to a 13F regulatory filing with the U.S. Securities and Exchange Commission on Monday. The endowment fund setup by Microsoft Corp (NASDAQ: MSFT) founder Bill Gates and his wife Melinda Gates [...]
Ford Motor Co. (NYSE: F) Brings Back 2,000 Workers to Factories
Ford Motor Co. (NYSE: F) and the United Autoworkers Union have worked together to bring back nearly 2,000 union employees to the automotive manufacturer’s factories which would have otherwise been migrated to parts supply companies, according to a report from Zacks Investment Research. According to the report, Ford claims to have already reinstated 1,340 employees [...]
Ford (NYSE: F) Sells 18 Concept Cars to Raise Funds for Juvenile Diabetes Research
Ford Motor Co. (NYSE: F) sold 18 concept cars on Thursday at an auction at the Sports and Classics of Monterey sale, raising more than $1 million for the Juvenile Diabetes Research Foundation and to the Children’s Center of Wayne County, Mich., which assists troubled children and families. The concept cars which were sold mapped [...]
Apple (NASDAQ: AAPL) Executive Charged with Selling Secrets to Asian Supplies
A mid-level Apple (NASDAQ: AAPL) Executive has been charged with selling secrets to Asian suppliers for at least $1 million in kickbacks, reported the Wall Street Journal on Sunday. Apple global supply manager Paul Shin Devine was charged in a federal grand-jury indictment “with offenses that include wire fraud, money laundering and unlawful monetary transactions,” [...]
How might I acquire an iPad without having those pesky offers or referrals? I've been recently wanting and looking for ...
Great post but complicated to understand since I am from Faroe islands ;-) 
What would be your top three tips for anyone new to this topic?