From the category archives:

Business

Indian Real Estate Builders are feeling the pinch of a slowing global economy. India and China were among the economies that were growing at a very fast rate and are now among countries experiencing slowdowns. Real Estate in India was at an all time high with single family residential homes, flats and apartments getting sold [...]

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This was probably the only lay off of its kind. Have you ever heard of employees who were terminated and laid off, only to be reinstated and given back their jobs after 48 hours? This is exactly what has happened with Jet Airways and its employees. Jet Airways is a leading airline in the [...]

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Neel Kashkari has been promoted by Treasury Secretary Hank Paulson from being the Treasury’s assistant secretary for international affairs to the interim head of Paulson’s Office of Financial Stability. In other words Kashkari will the man who will take charge of the $700 Billion approved by Congress for Wall street bailout. Kashkari is one [...]

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The ICICI bank is India’s largest private sector bank. The bank has assets worth $100 Billion. A wild rumour that ICICI Bank was going bankrupt due to the subprime mess of the US market started floating around India today. As a result, a large number of ICICI customers rushed to the bank’s ATMs to [...]

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The DOW tanked more than 600 points after the bailout bill failed to make it through the US House Of Representatives. The bill needed a minimum of 218 votes to make it through the House, but could only gather 205 votes in support. 228 representatives voted against the Bill in its current form.
President Bush [...]

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BOfA (BankOfAmerica) customers were probably worried today after the Bank Of America Online Banking Website bankofamerica.com went down for a few hours. This was probably the last thing that they needed after digesting a series of bad news last week. A Bank Of America rep said that not all customers were affected.
According to CNET, [...]

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United Airlines (Ticker Symbol : UAUA) shares plummeted this morning on wall street before trading was brought to a halt. Apparently, the Florida Sun Sentinel published a six year old bankruptcy filing story as ‘current news’ leading to confusion and panic among UAL stock holders. The NASDAQ has already ruled that all stock trading [...]

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Pulling Weeds to Pulling Stocks is a new book that hit book store shelves recently. The book is authored by 3 teens who are brothers - David Beatty, Devin Beatty, and Deric Beatty. The Beatty brothers have written this book based on the ideas and activities that their parents have taught them. The book [...]

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Forbes Business Magazine has announced their list of next generation billionaires.

One of the new faces in the next gen billionaires list is the sexy Nishita Shah. You will not be amazed just by her beauty as she also has the brains that have made her one of the richest people in Thailand. She [...]

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photo credit: shareski
Starbucks is slowing down in the US and concentrating on international locations like china where the market to be tapped is still huge. Some days ago, Starbucks had announced that it will close up to 600 under performing stores in the US. Today a complete list of Starbucks Stores on the closusre [...]

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