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 […]

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 […]

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 […]

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 […]

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 […]

Spring Nextel mobile phone company announced today that it plans on purchasing two small cell phone operators that provide Sprint Service, which is scheduled to add an additional 332,000 subscribers to the newly merged company.
The agreement: Spring Nextel will pay $219 million dollars to acquire IWO Holdings, Incorporated (located in Albany, NY) which will […]

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 […]

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 […]

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 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 […]