Category Archives: Business

Sales Decrease As Layoffs Increase

Federal Reserve policy makers yesterday said they will hold the benchmark interest rate “exceptionally low” for an “extended period” to help sustain a recovery. They also added “sluggish income growth” to the list of reasons why household spending is likely to be slow to rebound. Headwinds previously mentioned included job losses, tight credit and falling home values.

Obama’s Plan For Cheap Tylenol

Today, President Barack Obama sent Congress his proposal for reining in over-the-counter medications, including restrictions on municipalities and small investors seeking to trade in the drug industry which is worth over $592 millon.

NFL, ESPN & US Marine Corps Ban Facebook and Twitter

Facebook is facing a large spread of ban action this month. Just like the NFL and U.S. Marines, television sports network ESPAN is banning their employees from using services like Twitter to discuss sports.

Education Stimulus To Be Announced Shortly

As one round of stimulus money reaches school districts, President Obama is planning to announce the next step in education reform — in the form of a $4.35 billion dollar stimulus package. This will be the largest federal investment in school reform in the United States, according to the Department of Education.

Is Taxing the Rich the Solution?

One fault here is that it just simply wont be enough to cover an aging population, the non-insured and the beneficial research projects that the government aids.

Human Genome Succeeds In Lupus Drug Development

Human Genome Sciences Inc reported today that clinical trials with their latest experimental Lupus drug were very successful. This marks a great time for the world of medicine, as Lupus is an auto-immune disease which has never had a cure.

Obama Confirms - No Second Stimulus

Over this past weekend President Barack Obama used his radio time to shoot down the idea from White House advisers and the Democratic party to create yet another stimulus package. It has been over four months since the first stimulus package of 787 billion dollars was initiated.

Google Chrome OS - A Convenient Alternative?

Is there anything Google can’t do these days? Perhaps I should rephrase that - Is there anything Google isn’t attempting to do these days? In the second half of 2010 Google plans on coming out with the Google Chrome OS which is a Linux-based operating system focusing on speeding up the process of web applications. [...]

Twitter vs. Myspace vs. Facebook

It’s my opinion that Myspace will prove to be the longer lasting website, as there are limitless possibilities for its implementation. Small businesses such as independant record labels and the like can

The Future Of GM: Government Motors

Well folks, the day has finally arrived: GM has declared a Chapter 11 bankruptcy. Before we elaborate on that matter, I’d like to clear up a little misinformation from the last post. The US Government doesn’t own 72.5% of GM — it owns 60% and the Canadian government owns 12%.

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