Monthly archive April, 2012

Top Business Applications

As a business person, you have to be quite organized in order to keep up with deadlines and know where and when your next meeting is. This is why you might find it beneficial to download some useful business applications onto your phone. There is an app for almost everything these days. Those who work...

Spain Prepares to Defend YPF

Spain will respond with the most appropriate move to Argentina’s announcement that they will send a bill to Congress that will allow the expropriation of the subsidiary of Repsol YPF. This statement was released on Monday by the organization’s secretary-general, Maria Dolores de Cospedal. “The government has to decide what answer to give, but I...

Android Sales Skyrocket

SHANGHAI – Android was the leading operating system in China last year as proven by an increase of 35% in its share of the largest mobile phone market in the world. In late 2011, 68.4% sold were equipped with the Android operating system. This was a significant increase compared to the 33.6% that was recorded...

Can a pool table at the office increase your productivity?

By their basic nature, humans love games just like other animals who lead a social life. Academic research on employee productivity has clearly proved that taking ‘game play’ breaks during office hours can increase the productivity of the employees. They often bring out better results compared to counter parts who work under strict policies that...

Google Splits Shares

NEW YORK - On Thursday, Google Inc. announced a stock split by co-founders Larry Page and Sergey Brin to maintain control over the major internet search engine.  However, the company also reported that quarterly earnings were in line with estimates. Investors welcomed the news that revenues have totaled $8.140 million in the first quarter, after the...

Shell Reports Oil Slick in the Gulf of Mexico

NEW YORK – The oil company Royal Dutch Shell said that they have sighted an oil slick about 25 square kilometers off the Gulf of Mexico. Shell said that the stain was reported to the National Response Center on Wednesday afternoon. The National Response Center is the federal agency responsible for environmental contingencies. The company...

US Justice Department to Sue Apple

The U.S. Justice Department filed suit against Apple and several publishing companies because of eBook pricing, said a source close to CNNMoney. The lawsuit is most likely connected to Apple’s agreement with five publishers to release books in the iBookStore app that was released in iPhones in 2010. In a similar research conducted by the...

AOL Will Sell 800 Patents

AOL announced that they will be selling more than 800 patents and related applications to Microsoft Corp. for a figure slightly higher than the $1 billion in cash. AOL’s shares jumped 37%, to $25.16 dollars in trading before the opening of the formal trading on Monday. Last Friday, the stock closed at $18.42 dollars on...

AT&T Manages to Avoid an Employee Strike

NEW YORK - Contracts of 40,000 AT&T employees expired last Saturday at midnight but a strike was avoided by continuing the negotiations, said the company representatives last Sunday. Although the expiration of the contracts allows members of the Communications Workers of America to call a strike, the employees the employees have agreed to continue working without...

Wall Street Firms Lower Expectations

NEW YORK – Since October, the growth estimates of corporate revenues have been falling while the S&P 500 exhibited a sharp rise. With the start of earnings season next week, the prospects look less promising than in previous quarters. Investors are trying to assess whether slower growth has been assimilated by the stock price in...

Yahoo Decides to Cut 2,000 Jobs

Yahoo announced on Tuesday that about 14% of their workforce or 2,000 jobs will have to be cut as part of their restructuring process. With the decision, the company aims to save around $375 million annually. Yahoo said that they are looking to create a smaller firm that is more profitable and equipped to innovate...

Take a Vacation without Drowning in Debt

Taking a vacation without booking your tickets and hotel accommodations in advance can cause a big dent in your bank account. But here are some tips to make the most out of your days off without drowning in debt. This week, the Ministry of Tourism expects about 11 million domestic and international visitors to gather...