A trusted Verizon employee has just confirmed to TechCrunch that the carrier is having an all-staff vacation blackout from the dates of Friday, September 21 to September 30. You know what that means, right?
For investors who plan on retiring soon, Kodak may not be an ideal bet. With declines in the film-based photography market and questionable moves into digital, the photography giant faces tough times ahead.
The longtime coffee rivals may be discussing a merger that could provide the smaller player with a boost in the single-cup market. And Peet's, which has longstanding deals with grocery chains, could steer Starbucks towards a smoother grocery distribution strategy.
Twice before, the iconic CEO had to leave the company in others' hands, and if that history is any guide, Apple investors may see the stock price do well once again in his absence -- providing they can handle the pain of the drop long enough to enjoy the recovery.
Apple co-founder Steve Wozniak backpedaled Tuesday from an earlier statement that Apple was purchasing voice recognition software maker Nuance Communications. Despite Woz's proclamation that he was "totally wrong," investors pushed Nuance's shares to a new 52-week high.
Amid rumors that Twitter is considering pursuing another round of venture funding, the microblogging site's co-founder Evan Williams said his company has "a lot of money in the bank," and that its advertising efforts are paying off better than expected.
Earlier Friday in London trading, shares of BP gained on rumors the largest oil company in the world, Exxon Mobil, is considering a bid for the oil company responsible for the largest oil spill in the U.S., Reuters reported.
Pharmaceutical firm Sanofi-Aventis is preparing a major acquisition in the U.S. worth $20 billion or more, according to Bloomberg, which cited five people with knowledge of the situation.
Four pieces of information reported recently, each with a different level of confirmation, show the extent to which the future of Goldman Sachs may be determined be the mainstream press, and the extent to which "news" about it is often not confirmed by the investment bank, its clients, or federal regulators.
