Home » Archive for June, 2010
Will Apple Announce Safari 5 at WWDC? (NASDAQ: AAPL)
Several sources are reporting that Apple (NASDAQ: AAPL) CEO Steve Jobs may announce Safari 5, which is reported to feature better HTML 5 support, a faster JavaScript rendering engine, and support for Bing Search, during his keynote... More of this article »
Google (NASDAQ: GOOG) to Release Chrome OS Before Holiday Season
Google (NASDAQ: GOOG) to Release Chrome OS Before Holiday Season Google (NASDAQ: GOOG) plans on releasing its browser-based operating system, Chrome OS, sometime this fall, perhaps in time for the holiday shopping system, according... More of this article »
Bank of America Corp (NYSE: BAC) Employees Sue Over Wages
Employees of Bank of America Corp (NYSE: BAC) have sued the Charlotte, NC-based bank over allegedly failing to pay workers for overtime and other wages. The lawsuit, filed in Kansas City, KS federal court, will consolidate 12 similar... More of this article »
Doctors in Japan Use iPad as Surgery Tool (NASDAQ: AAPL)
Japanese doctors recently made use of OsiriX, an imaging application for the Apple (NASDAQ: AAPL) iPad, to help visualized a patient’s internal anatomy and cancerous legions during an operation. Doctors interacted with the iPad... More of this article »
Bank Of America (NYSE: BAC), Citigroup (NYSE: C), Several Others Spend Total Of $1.8 Million Lobbying In Q1
U.S. banking institutions spent $1.8 million on lobbyists during the first quarter as they aimed to get their voices heard in regard to the financial regulation overhaul. The American Bankers Association reported the amount, which... More of this article »
MasterCard (NYSE: MA) Launches iPhone and iPad Money Sending Application
MasterCard (NYSE: MA) announced on Thursday that it has launched a new iPad and iPhone application called “MoneySend” which is designed to allow individuals transfer money to others and accept credit cards, however the app isn’t... More of this article »
Verizon is Not Getting the iPhone in 2010, Executive Confirms (VZW, AAPL)
A Verizon (VZW) wireless executive confirmed that his company would not be added Apple’s (NASDAQ: AAPL) iPhone or iPad to its network in the immediate future. There has been a lot of speculation about when Verizon and Apple will... More of this article »
JP Morgan Chase (NYSE: JPM) London Unit Hit With Record Fine
British financial regulators hit the London unit of JP Morgan Chase (NYSE: JPM) with a record 33.3 million pound ($48.8 million) fine for comingling a portion of client money with firm capital. According to the Financial Services... More of this article »
AT&T to Drop Unlimited Data Plans for iPhone and iPad. (AAPL, T)
AT&T (NYSE: T) will no longer be offering unlimited data plans to Apple (NASDAQ: AAPL) iPhone and iPad users on June 7th. AT&T instead will be offering a new data plan for iPhone and iPad owners, called “DataPro”... More of this article »
Facebook Advertisers Quadrupled in Number During Last 18 Months
Facebook said on Wednesday that the number of advertisers placing ads on its social network has more than quadrupled during the last 18 months as marketers hope to get their products in front of its 500 million plus users. Offices... More of this article »
Bank of America Corp (NYSE: BAC) Apologizes for Poor Modification Performance
Bank of America Corp (NYSE: BAC) announced the details of a plan on Wednesday which will partially forgive the debt of homeowners who are upside down on their mortgages. As part of the announcement, a Bank of America Corp (NYSE: BAC)... More of this article »
NHTSA May Looking into Unintended Acceleration Issues in Ford Fusion & Mercury Milan (NYSE: F)
The National Highway Traffic Safety Administration will be opening an investigation into a possible problem with floor-mat interference on 2010 Ford Fusion and Mercury Milan models. The investigation rings of déjà-vu coming just... More of this article »
Citigroup, Inc (NYSE: C) Hires New Debt Executive in Asia Pacific Division
Citigroup, Inc (NYSE: C) has named Duncan Philips as a new co-head of the company’s debt syndicate team for Asia Pacific region excluding Japan effective immediately, according to a report from Dow Jones Newswires. The report... More of this article »
Prosper Marketplace Reverses Decision on Loan Application Process
Prosper.com, which runs a peer to peer lending website called Prosper Marketplace, reversed an earlier decision in which it had no longer required borrowers to state why they wanted to take out a loan as part of the application process. The... More of this article »
Lending Club Passes 10 Million in Monthly Loan Origination, Hires New CMO
Lending Club, a company which operates a peer to peer lending marketplace, issued a press release this morning announcing that it had passed more than $10 million in monthly loan originations during May 2010. The company said that... More of this article »
General Electric (NYSE: GE) Denies that NBCU CEO is Stepping Down
General Electric Co. (NYSE: GE) denied a report published on Wednesday that NBC Universal CEO Jeff Suzker has reached a deal to step down from the company after Comcast’s acquisition of a controlling stake in the media giant... More of this article »
Analysts Predicts 6.2 Million iPad Sales in 2010 (AAPL)
Apple (NASDAQ: AAPL) announced on Monday that it marked <a href=”http://www.ipadweek.ly/2010/06/apple-sells-2-million-ipads-in-58-days/”>the 2 millionth iPad sale</a> this week and now Gene Munster, an analyst... More of this article »
Ford (NYSE: F) to Offer Free In Home Charging Stations to EV Buyers
Ford Motor Co. (NYSE: F) announced on Wednesday that it will provide nearly 5,000 in-home charging stations for buyers of the 2011 Ford Transit Connect Electric. Ford said that it would be partnering with Coulomb Technologies to offer... More of this article »
Citigroup, Inc (NYSE: C) To Shutter 375 CitiFinancial Branches
Citigroup, Inc (NYSE: C) announced on Wednesday that it will shut down 375 CitiFinancial branches across the United States and Canada which will lead to the elimination of approximately 700 jobs. The New York-based bank also said that... More of this article »
AT&T (NYSE: T) To End Unlimited Data Plan For SmartPhones, Offer Tiered Options
AT&T announced Wednesday that it will stop offering its unlimited data plan to new customers, opting for tiered plans that give users certain monthly limits. The company said the move will likely lower bills for a majority of... More of this article »
Bank Of America (NYSE: BAC) Begins Principal Reduction Program
Bank of America (NYSE: BAC) announced Wednesday that it has started implementing the principal forgiveness portion of its National Homeownership Retention Program (NHRP). The initiative offers reduction to a borrowers’ principal... More of this article »
JPMorgan Chase & Co. (NYSE: JPM) CEO Optimistic About Financial Reform
JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon is optimistic that financial reform is headed generally in the right direction, he commented during Japan Society’s Annual Dinner in New York. “We’ll end up with... More of this article »
General Electric Co. (NYSE: GE) to Base R&D Center in Brazil
General Electric Co. (NYSE: GE) has announced that it will base its fifth research and development center in Brazil because of its geographical advantages, tax breaks and opportunity to receive government contracts to help develop... More of this article »