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There is a kind of rivalry between the news wires. The two biggest, the Associated Press and Reuters, have been finding themselves with troubles facing linking issues and fair use on the internet. The Associated Press has always had issues with people using its content …

Shortly after T. Rowe Price Group’s financials for the 1Q came out (with a profit 68% less than the previous year) it announced that ti would be saying goodbye to almost 300 employees. Unlike other dismal financials coming from similar firms, T. Rowe Price actually …

More details have been released about the bonuses paid to some American International Group Inc. employees.
The bonuses totaled $218 million, $53 million more than the $165 million previously reported.

At least 78 people received bonuses totaling at least $1 million.
5 people received bonuses over $4 million.

The …

The dead of winter in Europe isn’t exactly where many people would want to be, particularly when there is no heat. Due to Russia’s dispute with the Ukraine about gas theft, Russia cut off the supply to Europe last week.
The bad news is that those …

Ford and GM really have a way or reminding us that they are still in trouble. With the Detroit Auto Show going on, both auto companies said today that they are going ahead with the sale of their luxury brands.
Ford Chief Executive Alan Mulally, speaking …