Posts Tagged ‘Business’
PRIVATE CARS WERE RELATIVELY SCARCE in 1919 and horse-drawn conveyances were still common. In residential districts, electric streetlights had not yet replaced many of the old gaslights. And within the home, electricity remained largely a luxury item for the wealthy.
Just ten years later things looked very different. Cars dominated the streets and most urban homes [...]
Company says it will not be using Sony technology in its “game console.”
“As we have stated, we have no plans to introduce a Blu-ray drive for Xbox 360,” said a Microsoft official in an email to GamePro on Monday. “Games are what drive consumers to purchase game consoles, and we remain focused on providing the [...]
Is Sprint Nextel getting ready for a fire sale?
It sure looks that way following speculation around Wall Street on Monday of a possible sale or breakup of the beleaguered wireless operator. First, The Wall Street Journal reported that German phone company Deutsche Telekom was considering buying the company. Later the same day, another Wall Street [...]
Bolstered by record crude oil prices, Exxon Mobil Corp. yesterday reported huge first-quarter profits and fueled new congressional vows to come up with legislation that would tax windfall profits or demonstrate concern about high gasoline prices.
The oil giant earned $10.9 billion in profits, up 17 percent from the previous year. The amount was short of [...]
http://www.networkworld.com/slideshows/2008/050208-ceo-salaries.html?ts
Which tech CEO earned just $1 in 2007? Who raked in $74 million before retiring? Which newcomer managed to accumulate $3 million after less than two weeks on the job? When it comes to tallying top executives’ compensation packages, recent rules from the U.S. Securities and Exchange Commission make it tougher for public companies to [...]
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