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I wanted to keep everyone up to date on some of the changes that have been made to Top Finance Blog over the last couple of weeks. For one, I hope you’ve noticed the little “Listen Now” tab that’s just under the date of each post. That’s the result of signing up with a company [...]
I’m thinking very few people saw this day coming, but maybe they should have. Microsoft, the one company that’s always weathered the storm of bad economic news, laid off 5,000 people today on news of slow sales of their operating system and other software. Immediately afterwards, Intel announced they were laying off 6,000 people because [...]
Trust me, I’m not hating on anyone, especially after how good I feel about yesterday and the inauguration of Barack Obama. However, this question has to be asked, and I guess it comes down to me to ask it. On the heels of the turmoil at Citigroup, of whom I’ve never been a big fan [...]
Talk about a story that’s taking on a new life. Belkin International, a company that makes technology products, has now come under serious scrutiny. This is because one of their employees was caught paying for reviews of products on eBay, whether they had ever seen the product or not. Yeah, there’s something drastically unethical with [...]
Yesterday, January 16th, Circuit City announced that they were closing all of their stores and liquidating their entire inventory. TFB talked about that in the post about did stores really do that badly. Anyway, the sales supposedly start later today, and will continue until the company decides they’ve been picked clean enough. By the way, [...]
A couple of weeks ago I pondered the question as to whether the stores did that badly in anticipation of my hope that, because of what it looked like locally at the malls, that maybe retail stores would have done better than what people were projecting. Instead, it seems that the December sales figures show [...]
Sure, it’s not as sexy a number as hearing that the debt of the United States is around $10.7 Trillion dollars, but it’s scary enough to learn that the federal budget deficit expanded by $83.6 billion in December, bringing the total deficit for the first three months of the 2009 fiscal year to $485.2 billion. [...]