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Your weight may decide how much airfare you pay
Your weight may decide how much airfare you pay
Your weight may decide how much airfare you pay

Your weight may decide how much airfare you pay

Samoa airlines was the subject of some controversy when it recently announced its plans to charge passengers for their tickets according to their weight. In reply to those who questioned this system, the head of the airlines sa...
 
Business
 
Ron Johnson ousted as J.C. Penney CEO.
Ron Johnson ousted as J.C. Penney CEO.
Ron Johnson ousted as J.C. Penney CEO.

J.C. Penney decides to oust CEO

J.C. Penny has been struggling for a while now and the department store announced today that they are planning on letting go of the Chief Executive after he failed to attract any investors’ new shoppers using his strategy. Th...
 
Business
 
Bernanke states stress tests lead to stability of banks
Bernanke states stress tests lead to stability of banks
Bernanke states stress tests lead to stability of banks

Bernanke states stress tests lead to stability of banks

Ben Bernanke, the Chairman of the Federal Reserve, announced today that he truly believes that the stress tests conducted on financial institutions are resulting in them becoming more resilient. Bernanke also stated that the re...

 
Business
 
Peter Chernin, Founder, Chernin Entertainment, Inc., poses at the BAFTA Brits to Watch event in Los Angeles
Peter Chernin, Founder, Chernin Entertainment, Inc., poses at the BAFTA Brits to Watch event in Los Angeles
Peter Chernin, Founder, Chernin Entertainment, Inc., poses at the BAFTA Brits to Watch event in Los Angeles

Former President of News Corp places bid for Hulu

Peter Chernin, the previous president for News Corporation, announced today that he has placed a bid for Hulu worth $500 million. Hulu is an online streaming service that he has helped create during 2007. The company is current...
 
Business
 
Disney letting go of LucasArts
Disney letting go of LucasArts
Disney letting go of LucasArts

Disney letting go of LucasArts

After a year from acquiring the legendary franchise, Disney announced today that they are planning on closing LucasArts. LucasArts is an entertainment company that Disney took over mainly because they were interested in ‘’s...
 
Business
 
Elon Musk is personally going to guarantee buyback values of Tesla
Elon Musk is personally going to guarantee buyback values of Tesla
Elon Musk is personally going to guarantee buyback values of Tesla

Elon Musk is personally going to guarantee buyback values of Tesla

Multi-millionaire Elon Musk stated today that he is personally guaranteeing the buyback value for Tesla’s electric vehicles under the new payment arrangement. He said he is going to make sure this is going to happen even if h...

 
Business
 
Time ahead will be “challenging” for Cyprus
Time ahead will be “challenging” for Cyprus
Time ahead will be “challenging” for Cyprus

Time ahead will be “challenging” for Cyprus

Last week, Cyprus agreed in principle to implement certain measures which will make it eligible for the 10 billion Euro bailout package extended by the the Central Bank of Europe and the International Monetary Fund to save Cypr...
 
Business
 
StealthGas to Explore US Market; Scope For Massive Profit
StealthGas to Explore US Market; Scope For Massive Profit
StealthGas to Explore US Market; Scope For Massive Profit

StealthGas to Explore US Market; Scope For Massive Profit

Reports and data reveal that the US exporters who are related to the liquefied petrol gas are prompting StealthGas Inc. to take back its tankers by approximately 13,500 miles in order to take the advantage of shortage of shippi...
 
Business
 
Novartis refused grant of patent on cancer drug in India
Novartis refused grant of patent on cancer drug in India
Novartis refused grant of patent on cancer drug in India

Novartis refused grant of patent on cancer drug in India

In what is being perceived as a blow to western pharmaceutical firms that look to gain market space in India, the apex court of the country, on Monday, refused to grant a patent to Novartis AG for Glivec, a cancer fighting drug...

 
Business
 
Banks such as Barclays Plc
Banks such as Barclays Plc
Banks such as Barclays Plc

Bondholders Toss Libor Suits on Lack of Damage

Banks such as Barclays Plc (BARC), JPMorgan Chase & Co. (JPM) and Bank of America Corp, have won dismissal of the antitrust legal suits by plaintiffs who claimed that they had been affected with the tampering of the rate pr...