Archive for August, 2005

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]