News

Tony Hayward loses CEO job but stays at BP to run Russian venture

Following a meeting in London to decide his fate, Tony Hayward was expected to resign Monday. He'll work for BP in Russia instead, managing his company's role in TNK-BP, a joint venture considered one of BP's best projects . . But some senators who think he had a hand in a BP-Libya oil deal that ...

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New home sales higher than expected in June

The record low in May didn't keep new home sales from jumping in June. Ever since the end of the homebuyers tax credit, new home sales have gone down a lot which makes June still the second lowest on record. Many think the post-tax-credit slump appears to be getting over with. Numerous believe the high ...

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Media ownership simplified with UltraViolet?

UltraViolet is the newest brainchild of a large consortium of tech companies. Designed to be a "digital movie locker" and media management system, UltraViolet aims to allow consumers to view movies they've purchased on multiple devices. A Disney-backed competitor is already on the horizon, despite the large list of supporters for UltraViolet. UltraViolet makes use of ...

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Personal finances not so rosy, despite national reawakening?

The Certified Financial Planner Board of Standards Inc. (CFP for short) recently published the results of a poll that showed that Americans are optimistic about a national economic recovery within the next half year. . Savings, college and retirement are hot button issues that have The US seeing red. Personal finances aren't glamorous, but help is ...

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Attacked by gunman was Emcore Fiber Optics in Albuquerque

In Albuquerque at 9 am local time, a 911 call reported a shooter at Emcore Fiber Optics. Reports are nevertheless mixed as to how employees were injured or killed by the Emcore shooter. Classified as a "domestic dispute within the workplace," this act of violence does not appear to be related to Emcore's business ...

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