Home  |  

Business News

Wal-Mart is set to join Best Buy as yet another retailer selling the iPhone, outside of the obvious Apple and AT&T locations. According to a report by BGR, they have internal communications that indicate the retail giant will begin selling the iPhone 3G on December 28th.
 

Consumer prices declined in October by a record level, the Labor Department reported Wednesday. The Consumer Price Index (CPI), which is the most watched government inflation barometer, retreated to 3.7% during the previous twelve months and follows a decline of 4.7% in September.

 

ORLANDO - NAI Realvest recently negotiated a new lease agreement for 7,260 square feet of industrial space at 1697 W. Broadway in Oviedo

 

Jack Welch was CEO of General Electric for 20 years, beginning his tenure in the midst of 1981's tough economic conditions and leading the company to enormous growth.

 

Shares of Yahoo Inc soared 10 percent on Tuesday on hopes that the departure of Jerry Yang, its embattled chief executive, would clear the way for a deal with Microsoft Corp.

 

New York gold futures declined 1.3 percent on Tuesday. The yellow metal became less attractive to investors as a hedge against inflation given lower than expected U.S. producer prices and a sharp decline in Britain's inflation. Silver and platinum futures gained 2.4 percent and 2.0 percent respectively.

 

Struggling amid the economic crisis, the power industry says energy will become more expensive in the future.

 

CHARLOTTE, N.C. --- Mattamy Homes has opened 27 new showcase homes and town homes priced from the $90s in 10 communities in the Charlotte area.

 

Producer prices plunged in October for the third straight month and by a level never before on record, the Labor Department reported Tuesday.The Producer Price Index (PPI), which measures prices at the factory door and inflation pressures before they reach the consumer, plummeted 2.8%.

 

It is the second time the government has upped the tax since September 2007, when health officials said alcohol had become the most common cause of death in Finland.

 

Goldman Sachs made a statement Sunday when it announced that its top executives will not earn bonuses this year.

 
No surprise here at all. On Monday, Yahoo! announced it was conducting a search for a new CEO, with embattled current CEO Jerry Yang stepping down. Yang will return to his position as Chief Yahoo! and Board Member, the titles he held prior to taking over in 2007 after former CEO Terry Semel departed.
 

Spansion and Kodak slammed Samsung with two separate patent infringement lawsuits Monday.

Spansion, one of the world's largest suppliers of flash memory chips, on Monday announced two patent infringement complaints against Samsung filed with the International Trade Commission and in the U.S. District Court in Delaware.

 

The U.S. economy is in recession and will contract at a faster pace in the fourth quarter, extending the decline into early 2009 as high unemployment crimps consumer spending, a survey showed.

 

Despite the dollar's early struggle against the euro and the British pound, commodities stepped back on Monday as the greenback recovered strength. New York silver, gold and platinum futures lost 1.7 percent, 0.1 percent and 2.9 percent respectively.

 

TAMPA, Fla. - Grubb & Ellis|Commercial Florida has appointed Jan Boltres, CCIM, and Michael Scott to senior vice presidents in the firm's Tampa division.

 
Mark Cuban has been called abrasive, brash, egotistical and more. Not only is he the owner of the NBA franchise the Dallas Mavericks, he's a billionaire and Chairman of HDNet, an HDTV cable network. He's also poked his nose into things some think he should stay out of, such as commenting --- and blogging --- on politics and tech.
 

Digital video recording company TiVo Inc. said today it is teaming up with Domino's Pizza Inc. to allow subscribers to order pizza for delivery or pick-up from their TV sets.

 

Citigroup is cutting approximately 53,000 more jobs in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt.

 
Late Friday Chunghwa Telecom, Taiwan's largest wireless carrier, has signed an agreement to become the sole distributor of the iPhone in Taiwan. While this in and of itself is great for Apple, which continues to want to expand its iPhone 3G presence across the globe, the more interesting question is: will this mean a possible iPhone expansion to China soon?
 


Enter Stock Symbol
  
advertisement