Archive for August, 2005

Welcome to Curka

Tuesday, August 23rd, 2005

Curka is a new business and finance discussion blog that helps you stay on top of the latest news and buzz in the business world. I will be updating on a daily basis financial topics which will be up for discussion that I find interesting - I’ll try not to bore you guys, promise […]

Google Talk Launch

Wednesday, August 24th, 2005

The biggest search engine giant Google has announced that it plans on launching its own instant messenging service called Google Talk as early as today. The software is suppose to also provide the ability for people to communicate with others via Voice chat.
So what’s suppose to be different with Google Talk as opposed […]

Home Sales Rise

Wednesday, August 24th, 2005

Home sales rose 6.5% in the month of July as mortgage rates fell below 6%. The average price of a home as of now is near $203,800, the lowest since December of 2003 from $219,500. Demand still continues to be strong according to National Association of Home Builders and the number of home sales […]

Kmart Trouble

Wednesday, August 24th, 2005

Two former K-Mart officials have been charged by the FCC with making “materially false and misleading” disclosures to individuals who hold stock in the company right before the bankruptcy filing that occured in 2002. U.S. District Court located in Detroit, charges both Charles C. Conaway, former chairman and John T. McDonald (former CFO) with […]

Oil Prices hit record high

Thursday, August 25th, 2005

Oil prices hit $68 a barrel today due to the growing threat to oil facilities. This is just getting rediculous and it doesn’t help that I drive a Ford Mustang Cobra, and do about 60 miles per day and have to fill up every 3 days - But I guess I shouldn’t be complaining […]

AOL Fined

Thursday, August 25th, 2005

America Online (AOL) has been fined and ordered to pay $1.25 million dollars for concellation policy related issues. AOL has agreed to pay the fine and said it will change the way they handle business when it comes to discouraging their customers from cancelling service.
AOL denies wrongdoing but has agreed to alter the […]

Finance Calculator

Thursday, August 25th, 2005

I found a real cool website that lets you use a finance calculator to calculate just about anything. Click here to try out the calculator.
If you have concerns about what it will cost to be a college student, take out a loan, or need a cost trust fund calculator this website will do all the […]

Six Flags For Sale

Thursday, August 25th, 2005

It has been decided that Six Flags company would be put up for sale on auction. Six flags is the world’s 2nd biggest theme park, followed by Walt Disney. Shares of the stock rose 72 cents, closing at $7.26 at the end of the day. There has been no details given out on the auction […]

More Vioxx Lawsuits

Friday, August 26th, 2005

Merck Pharmaceuticals will face at least 3 federal trials the upcoming year over claims that drug painkiller Vioxx was the cause of strokes and heart attacks in some individuals. Trial is scheduled to begin on February 13, March 13, and April 3, 2006. Merck was ordered to pay $253 million dollars on August 19th […]

Kodak Cuts Jobs

Friday, August 26th, 2005

Kodak company has announced that it will be eliminating 1,000 jobs due to the drop in demand for photographic film and paper. Kodak plans on consolidating its North American color photographic paper facilities in Windsor, Colorado and Harrow, England, with plans to shut down operations in Rochester at the end of October. The film product […]