Wall Street

Walmart Reels From Bribery Charges
Walmart Reels From Bribery Charges
Walmart Reels From Bribery Charges
While Walmart continues to deal the charges that it attempted to halt an inquiry into bribery charges in relations to it's Mexican operations, Wall Street showed that it has it's own concerns with the mega-retailer. Wal-Mart Stores Inc shares fell 4...
Beware:  Fiscal Cliff Looms For U.S. Market
Beware: Fiscal Cliff Looms For U.S. Market
Beware: Fiscal Cliff Looms For U.S. Market
As a country, we've done nothing to manage our debt the last couple of years.  In fact - we've added to it at a record rate.  Wall Street-"dooms-dayers" foretell of a fiscal cliff that the market is headed for.
GAP Closing One-Third Of It’s U.S. Stores
GAP Closing One-Third Of It’s U.S. Stores
GAP Closing One-Third Of It’s U.S. Stores
Telling financial news that the economy in the United States is still suffering:  GAP announced that it will close one-third of it's domestic stores by 2013 - while expanding globally. Although it is shrinking its retail footprint in the U...
Kodak Preps For Bankruptcy
Kodak Preps For Bankruptcy
Kodak Preps For Bankruptcy
Historically, changing technology has left many innovative companies in the dark as progress marches on;  It appears that this fate might be waiting for the Kodak film company. Eastman Kodak (EK) has hired law firm Jones Day for restructuring advice as it faces growing concerns from investors over its turnaround prospects, The Wall Street Journal reported this afternoon...
U.S. Bails Out Chicken Industry;  This Is The Time To Fill Your Freezer
U.S. Bails Out Chicken Industry; This Is The Time To Fill Your Freezer
U.S. Bails Out Chicken Industry; This Is The Time To Fill Your Freezer
First it was the automotive industry.  Then it was the health care industry.  Then Wall Street.  Now the United States is bailing out the chicken industry -- to the tune of $40 Million. Despite extraordinarily-low prices at the supermarket, there's a glut of chicken on the market.  Apparently people aren't buying enough of it.  So, to ease the financial strain on chicken farmers, the U.S. has plac
Angry Mom Hires Plane to Fly Nasty Message Over Wall Street
Angry Mom Hires Plane to Fly Nasty Message Over Wall Street
Angry Mom Hires Plane to Fly Nasty Message Over Wall Street
At lunchtime on Tuesday, New Yorkers in Lower Manhattan were treated to an unusual sight — a small plane buzzing by the Standard and Poor’s building, towing a banner that read, “Thanks For The Downgrade: You Should All Be Fired.” Commissioned by St. Louis banker and single mother Lucy Nobbe, who paid $895 to hire the pilot, the fly-by was a reaction to the US losing its longtime AAA credit rating