On Friday the Labor Department has said that the nation’s unemployment rate is down 4.9%, a new 4-year low and U.S. employers in August have added 169,000 job positions. Wall Street treated this news as ancient history due to the fact that there are alteractions to the nation’s economic landscape by Hurricane Katrina.
The likelyhood of […]

A victory for the recording industry today - a federal court has ruled that the popular file-swapping program Kazaa is ‘Illegal’. Federal court judge, Murray Wilcox made a statement that Kazaa’s distributers, including owners took no action to rein in illegal activity even after the fact that the Kazaa website had posted warnings for users […]

Microsoft Corporation and Google, Inc. faced each in court on Tuesday over whether or not a Microsoft chinease executive would be working for Google. Microsoft basically wants to stop the former VP of Microsoft Kai-Fu Lee moving into working for Google. Attorneys backing up Microsoft said that Lee violates his contract due to the fact […]

Biogen Idec, a pharmaceutical company located in Cambridge, MA has announced late today that it plans to cut 650 employees, equal to 17% of its workforce in order to generate additional revenue equal to $200-$300 million dollars yearly, according to Biogen’s CFO Peter Kellogg. The company plans to invest the money into its pipeline […]

The Canadian dollar has hit a new 13 year all time high after a report that was released reporting an increase in jobs. This is the strongest rally to happen since March, pushing the currency up to 85 cents. A total of approx. 27,500 jobs were added by employers while unemployment rate maintained holding near […]

Those of you men who use the wonderful Mach3 Razor may be interested to know that Gillette has released news that the it plays on introducing an all new shaving system called “Fusion” - which is expected to be a billion dollar product by the year 2008 according to Peter Hoffman, president of the razor/blade […]