Business News

Apr 25, 2012

Aviva Investors Sent Email Accidentally Firing All Employees

Aviva Investors Sent Email Accidentally Firing All Employees
By in Business, Europe, Finance, Weird No comments

An Aviva Investors employee from its human resources department in Britain accidentally ‘fired’ all of its 1,300 employees worldwide by email after sending ‘goodbye’ email to everyone, the Daily Mail reported on Monday, April 23, 2012. Aviva Investors logo Image Credit: Aviva According to reports, the message, which was supposed to be sent to only [...]


Apr 25, 2012

Apple earnings for Q2 2012 show $11.6 billion net profit, 11.8 million iPads, 35.1 million iPhones sold

Apple earnings for Q2 2012 show $11.6 billion net profit, 11.8 million iPads, 35.1 million iPhones sold
By in Business, Technology, United States No comments

Apple announced on Tuesday, April 24, 2012 its earnings for its fiscal Q2 2012 which ended on March 31, 2012 that resulted to a 94% increase in net profit including iPad and iPhone sales as compared to the same quarter last year. As revealed by Apple on its official website that day, the iPhone company [...]


Apr 24, 2012

Zippo 500 Millionth lighter to be produced on June 5, 2012, the late founder’s birthday (Photo)

Zippo 500 Millionth lighter to be produced on June 5, 2012, the late founder’s birthday (Photo)
By in Business, Lifestyle, United States No comments

Zippo confirmed on Monday, April 23, 2012 that its 500 millionth lighter will be produced on June 5, 2012, as shown in the photo below, which will coincide with the birthday celebration of its late founder, George G. Blaisdell. Zippo 500 Millionth lighter Image Credit: Zippo.com According to a post by Zippo on its official [...]


Apr 21, 2012

Lamborghini SUV Urus Price, Concept Rumors Ahead of Beijing Auto Show 2012 (Photo)

Lamborghini SUV Urus Price, Concept Rumors Ahead of Beijing Auto Show 2012 (Photo)
By in Automobile, Business, Technology No comments

Lamborghini SUV Urus Image Credit: Netease car Lamborghini SUV Urus is rumored to be the latest model being built by the Italian car manufacturer. It is expected to make its debut at the 2012 Beijing Auto Show on Monday, April 23, 2012. The purported Lamborghini SUV Urus price and concept has been circulating over several [...]


Apr 21, 2012

Sam Wo closed: San Francisco restaurant known for ‘world’s rudest waiter’ closes after 100 years

Sam Wo closed: San Francisco restaurant known for ‘world’s rudest waiter’ closes after 100 years
By in Business, Food, United States No comments

Sam Wo, the Chinese restaurant in San Francisco, California, known for having the so-called ‘world’s rudest waiter‘ named Edsel Ford Fung (sometimes written as Edsel Ford Fong), is now closed after 100 years in food service. Sam Wo Restaurant Image Credit: Samwo-Restaurant.com “We will be closing our doors on 4/20/12. Thank you for all the [...]


Apr 19, 2012

Citigroup CEO Pay of $15 Million Rejected by Shareholders

Citigroup CEO Pay of $15 Million Rejected by Shareholders
By in Banking, Business, United States, World No comments

Citigroup investors, on Tuesday, April 17, 2012, rejected the Citigroup CEO pay amounting to $15 million, as reported by various international sites. Citigroup CEO Vikram Pandit Image Credit: Munshi Ahmed/Bloomberg In an annual meeting held on Tuesday, April 17, 2012, a majority vote of 55 percent of the Citigroup investors and shareholders voted against Citigroup [...]


Apr 18, 2012

Warren Buffett: “I have prostate cancer stage 1, but not life-threatening”

Warren Buffett: “I have prostate cancer stage 1, but not life-threatening”
By in Business, United States No comments

Warren Buffett announced on Tuesday, April 17, 2012 that he has stage 1 prostate cancer but noted that it does note pose any danger to his life although it still needs to be treated. Warren Buffett Image Credit: Pablo Martinez Monsivais/AP As noted in a letter by Warren Buffett addressed to Berkshire Hathaway shareholders, which [...]


Apr 17, 2012

Lamborghini On Fire: $400K Aventador Went Up in Flames (Video)

Lamborghini On Fire: $400K Aventador Went Up in Flames (Video)
By in Automobile, Business, United States, World Comments Off

Lamborghini Aventador Image Credit: Lamborghini.com A Lamborghini on fire was captured on video after it went up in flames during a test drive on a highway near Aliso Viejo in San Joaquin Hills, Southern California on Sunday, April 15, 2012, according to reports by several international news sites. While running along highway 73 in California, [...]


Apr 15, 2012

Samsung Galaxy Tab: 7-inch Samsung Galaxy Tablet Only $50 at Verizon

Samsung Galaxy Tab: 7-inch Samsung Galaxy Tablet Only $50 at Verizon
By in Business, Tablet, Technology Comments Off

Samsung Galaxy Tab Price ads Image Credit: Verizon Wireless The price of the original 7-inch Samsung Galaxy Tab is now less than $50 at Verizon. The broadband carrier is reportedly offering the Samsung Galaxy tablet for only $49.99 with a new, two-year mobile broadband plan, according to the carrier’s ads on its official website at [...]


Apr 15, 2012

Best Buy Closings 2012 List: Complete Locations of US Best Buy Store Closings

Best Buy Closings 2012 List: Complete Locations of US Best Buy Store Closings
By in Business, United States, World Comments Off

The Best Buy closings 2012 official list of store locations has been released by the retail giant on its official website on Saturday, April 14, 2012. Among the list of 50 Best Buy stores closing are located in California, Illinois and Minnesota. Best Buy has 1,400 store locations in the US. Best Buy California Store [...]