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Out With the Old and in With the New: Changing Sony

There was a time when Sony was on the edge of technological advancements. Since then, it has fallen behind. Apple has become the new “cutting edge” brand. Even one former Sony executive said, “Apple is the Sony of the 21st century.” In an attempt …

Think the inflation here is bad? Look at Zimbabwe

A state newspaper in Zimbabwe said in July inflation for the country rose to 231 million percent. The June rate was "just" 11.2 million percent. The increase in inflation can be blamed on the shortages of wheat which raise bread and cereal prices. …

Budget deficit more than doubles from last year.

In Mississippi, an ad keeps running on TV about how when Ronnie Musgrove left the governor’s office he left a $700 million deficit in the state. Tuesday the Bush administration released the budget deficit for the fiscal year ending September 30, 2008. How …

SEC bans short selling on 799 Financial stocks

One day after the UK Financial Services Authority pulled a similar stunt, the SEC temporarily banned the short selling of almost 800 financial stocks. According to the ban, on October 3rd short selling can resume.
With the news on Friday, financial stocks rallied.
Here’s the list …

Sony BMG will be just Sony again.

Once upon a time in 2004 Bertelsmann Music Group (Known as BMG) bought a 50% share in Sony Music Entertainment. From that point on Sony was known as Sony BMG and they held a 21.5% share in the global music industry.
Today Bertelsmann and Sony released …