United States Steel Corp. became the latest American steel company to report a loss in the April-June quarter as the slumping economy continued to drag down the industry’s biggest customers.
Today, U.S. Steel reported its second straight quarterly loss and said third-quarter results would remain in the red.
Continue Reading
Today, a number of rumors about a potential partnership between Yahoo and Microsoft surfaced once again. Almost a year ago, after months of back and forth between Microsoft and Yahoo, we thought any deal between the two companies was finally off the table, but rumors about potential deals continued to bubble up regularly in the last few months.
Continue Reading
For bloggers and webmasters PayPal is a key tool, as it makes easy and relatively inexpensive to send and receive money to a large number of countries. Few days ago, PayPal began formally activities in Mexico. Before that they integrated Mexican peso to its system of money transfers.
The first step has been to involve the major e-commerce companies in Mexico. Sites such as eBay, bookstores Gandhi, Mixup, MYER, Blockbuster, Sears and others and receive payments from PayPal accounts in local currency, erasing all of the way these formalities with banks to receive or make payments via the Internet.
Continue Reading
Pride of Great Britain, pound, and its rejection of the euro as paying fund are slowly nearing an end.
Continue Reading
Aston Martin announced that it is planning to cut a third of its UK workforce in a response to a slump in sales. The company, based in Gaydon, Warwickshire, said it today launched a consultation with the unions to cut 300 permanent jobs and 300 temporary posts – out of a total of 1850 employees.
The news is a reflection of the ongoing crisis in the auto industry. And it’s being felt acutely at top-end car makers: Aston’s UK sales crashed by a third in October and year to date they’re down by a quarter. This is the same fall as at UK rival Bentley.
Continue Reading
Yahoo had been banking on a search advertising alliance with Google, but has been left at the altar. Tech analysts say now it must work out a deal of some kind with Microsoft, whose $47.5 billion takeover offer Yahoo spurned earlier.
On Wednesday, Google dropped out of a proposed partnership that would have shown some Google ads on Yahoo pages. It did so because “it’s clear that government regulators and some advertisers continue to have concerns,” Google Senior Vice President David Drummond said on a company blog.
Continue Reading
Sponsors
Twitter
Facebook
Delicious
StumbleUpon
Comments