With Microsoft’s recent purchase of online advertising firm aQuantitave, shares for another online advertisement company, ValueClick, have also been rising over the past few days on speculation that Google is interested in snapping up the $2.49 billion company. This week, VCLK has seen its share price rise from about $20 to almost $25 […]
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American computer maker Dell, has announced plans to take advantage of the ultra-hot, burgeoning Chinese economy by striking a deal with one of China’s biggest retail chains, GOME. Stateside, Dell used a unique business model of selling its laptops and PCs by phone and internet orders to become the world’s number one PC maker. Recently, […]
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In a move that Wall Street traders had been calling for and speculating about for weeks, the Federal Reserve made its first benchmark rate cut in four years. As a result, stocks and treasury notes soared, and the dollar sank to a new low against the euro. The rate that was cut is the one […]
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For most Americans, seeing a new Starbucks being built (seemingly overnight) is a ubiquitous event. Especially for those who live in cities like New York and Los Angeles, where it’s almost impossible to walk a block without seeing one. For years, McDonald’s has been the uber-chain, opening stores in every corner of the […]
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With the subprime crisis lingering and causing wild swings in the world’s stock markets, Federal Reserve Chairman, Ben Bernanke, and President Bush have given signs that the government will work to assist with the crisis. Bush tried to ease fears and jitters, by downplaying the size and severity of the crisis, and also by […]
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