http://www.curka.com The latest business and finance topics discussed Thu, 15 Sep 2005 18:19:35 +0000 http://backend.userland.com/rss092 en 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 ... http://www.curka.com/blog/gillette-fusion/ 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 ... http://www.curka.com/blog/canadian-dollar-new-high/ 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 ... http://www.curka.com/blog/biogen-job-cuts/ 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 ... http://www.curka.com/blog/microsoft-vs-google/ 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 ... http://www.curka.com/blog/kazaa-is-illegal/ 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 ... http://www.curka.com/blog/jobless-rates/ Mastercard, the world’s #2 credit card provider has announced that it plans on going public sometime early next year (possibly during the 1st quarter). Master Card plans to issue Class A common stock shares through its IPO to public investors. Shareholders will own approx. 49% of Mastercard’s equity and have ... http://www.curka.com/blog/mastercard-ipo/ 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 ... http://www.curka.com/blog/sprint-nextel-acquisition/ This morning, Intelsat annoucned that it made an agreement to acquire PanAmSat Holding Corporation for $3.2 billion dollars (or $25/share) in order to establish a satellite company with an expanded delivery that includes: government, corporate data, and video content. When both of these companies are combined, the estimated annual revenue is ... http://www.curka.com/blog/intelsat-buys-panamsat/ Verizon said today that it expects to provide the first local carrier in offering high speed data access to both laptop and mobile phone users throughout the region. The name of the network will be known as: “EV-DO”, which will allow users to reach speeds similar to DSL lines on ... http://www.curka.com/blog/verizon-wireless-broadband/