Technology is heading away every moment - communication field is receiving an improvement day by day - the usage of telephone itself was something extraordinary at a point of life - where in only 2 people can converse with each other - there are n number of developments occurred in this field - and...

Filed under: Company News An interesting article crossed my desk this morning. Turns out Fidelity Investments may cut bonuses and profit-sharing this year , if the recession continues. Fidelity’s president, Rodger Lawson broke this news to his employees in a memo. That said, Fidelity spokeswoman...

Filed under: Company News On Thursday, Starwood Hotels and Resorts sued Hilton Hotels, including two former employees who now work for the massive chain. Starwood’s claim is that Hilton has stolen confidential information that it intended to use in the launch of its new Denizen “lifestyle...

Filed under: Company News A major union, the United Food and Commercial Workers, is beginning a new push to unionize workers at Wal-Mart ( WMT ). Congress has been working on new legislation that would make it much easier for labor to bargain and set up contracts. A numbers of companies, both large...

Filed under: Company News , Columns After letting his two young children play with and watch movies on his Apple ( AAPL ) iPhone, Arizona game developer Justin John Sullivan wondered if he could provide them more educational fare. Thus, the first applications or apps for what Sullivan calls the “toddler...

Filed under: Company News , Earnings Today we have another example of why it is such a huge mistake to let companies write their own report cards . That’s right folks, Citigroup, Inc. ( C ) reported a $1.6 billion profit for the first quarter of 2009. Doesn’t this sound great? It sure does...

Filed under: Company News , Earnings Sony Ericsson, the handset maker which is the joint venture between the two electronics companies, passed more bad news along to the global cellular industry. For the last quarter Sony Ericsson said it lost 293 million euros ($386 million). The firm also said it...

Filed under: Company News , Economy , Investing U.S. stock futures were mixed to higher Friday morning after General Electric and Citigroup reported quarterly results that beat analyst estimates. Without much economic data on the docket today, investors will likely focus on earnings now that the first...

Filed under: Company News , Technology , Earnings Google ( GOOG ) beat analysts’ profit estimates after cutting jobs and costs, but the online ad giant saw its first quarter-to-quarter drop in sales since going public in 2004. “We’re still basically in uncharted territory,” Eric...

Filed under: Company News , Investing In the chain of dominoes that is the American economy, sports teams fall somewhere in the middle, knocked over by the owner, landing on top of the fan. For major league baseball’s Texas Rangers and the NHL’s Dallas Stars, the dominoes are wobbling as...