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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... More of this article »
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... More of this article »
Get One Free Audiobook from Audible.com’s “Audible.com/Summer” Deal.
If you want to get started on your summer reading, you can get a free audiobook from Audible.com with Audible.com’s “Audible.com/Summer” deal in which listeners can get one free audiobook and 14 days’ worth of free service... More of this article »
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... More of this article »
Lending Club Appoints New CFO from Charles Schwab (NASDAQ: SCHW)
Lending Club, a company which operates a peer to peer lending marketplace, has appointed former Charles Schwab (NASDAQ: SCHW) executive Carrie Dolan as its new chief financial officer. “We have assembled an executive team of innovators... More of this article »
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... More of this article »
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... More of this article »
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,... More of this article »
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... More of this article »
Gamefly IPO: Gamefly Prepares for Public Stock Offering
Gamefly, a Netflix-like service which offers video games by mail, has filed to the public via an initial public offering (IPO). Gamefly’s IPO was filed for on February 10th, 2010, however, no date has been set for the IPO. Many that... More of this article »
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... More of this article »
Exxon Mobil (NYSE: XOM) Bought Back $16.8 Million in Debt
Exxon Mobil Corp’s (NYSE: XOM) subsidiary XTO Energy Inc said on Friday that it has purchased more than $16.8 million in debt securities from its creditors. The company said that the offer to purchase 6.25% and 7.5% senior notes... More of this article »
This article has been withdrawn
This article was written by Andrew Clark in New York, for guardian.co.uk on Sunday 15th August 2010 23.36 UTC The blood-sucking menace that has infiltrated Manhattan’s skyscrapers has taken another scalp, after the headquarters... More of this article »
BBVA Compass Offers SmartyPig Customers $150 In Cash
BBVA Compass, which recently entered into a business agreement with SmartyPig, is offering SmartyPig customers $150 in cash for opening a new checking account. If you’re not familiar with SmartyPig, it’s a goal based savings account... More of this article »
Capital One (NYSE: COF) and Bank of America (NYSE: BAC) Showing Greater Transparency to Credit Card Applicants
In a recent study by CardHub.com, Capital One (COF) and Bank of America (BAC) came in first and second in terms of disclosing essential information to consumers on their credit card applications. One of the primary catalysts for the... More of this article »
GM Receives $5 Billion Credit Facility from Bank of America (NYSE: BAC), JPMorgan (NYSE: JPM) and Morgan Stanley (NYSE: MS).
General Motors Co. has secured $5 billion credit line from JPMorgan Chase & Co. (NYSE: JPM), Morgan Stanley (NYSE: MS) and Bank of America Corp (NYSE: BAC) and other firms, in a step which will clear the way for the automaker to... More of this article »
General Motors Has $32.5 Billion in Cash, Makes $1.33 Billion in Profit, Preparing for IPO
General Motors Co. announced on Thursday that it made $1.33 billion in profit during the second quarter, an indication that the beleaguered automaker is moving toward a public stock offering. GM CEO Ed Whitacre said last week that... More of this article »
Google (NASDAQ: GOOG) to Introduce “Street View” in Germany
Google (NASDAQ: GOOG) announced that it will introduce its “Street View” feature in Google Maps in the country of Germany before the end of the year. The service, which provides a street level view of a city, has been controversial... More of this article »
Ford Motor Co. (NYSE: F) Receives $250 Million Loan Guarantee
Ford Motor Co. (NYSE: F) won approval of a $250 million working capital and loan guarantee from the Export-Import Bank of the United States. The newly approved loan facility will finance approximately $3.1 billion worth of export sales... More of this article »
Ford Motor Co. (NYSE: F) to Create 2,000 New Union Jobs
Ford Motor Co. (NYSE: F) said that it plans to create 2,000 union jobs which had previously been outsourced to supplies. The new total is about 25% higher than Ford had previously agreed to pay to bring back in-house during its negotiations... More of this article »
New York Attorney General to Investigate General Electric Co. (NYSE: GE)’s CareCredit
General Electric Co. (NYSE: GE)’s CareCredit is being invested by New York Attorney General Andrew Cuomo for allegedly misleading customers on the terms of its healthcare credit cards, reported the Rochester Democrat and Chronicle. Cuomo... More of this article »
Exxon Mobil (NYSE: XOM) Declares Quarterly Dividend
Exxon Mobil Corp’s (NYSE: XOM) Board of Directors declared a cash dividend of $0.44 per share of common stock payable on September 10th, 2010 to shareholders of record on August 13th, 2010. Here’s the press release: The Board of... More of this article »
JPMorgan Chase & Co. (NYSE: JPM) to Hire 200 Employees, Open 22 CA Branches
JPMorgan Chase & Co. (NYSE: JPM) announced last week that it would be hiring 200 new employees for 22 new full-service bank branches that it would be opening inside of Albertsons stores inside of Southern and Central California... More of this article »