Archive for the 'making money' Category

Apr21

1-pound Oqo PC faces a huge challenge

A little-known San Francisco firm has created a personal computer that weighs 1 pound, clips onto a belt like a cell phone and runs any Windows program.
Born in a warehouse in Hunters Point, Oqo (pronounced O-Q-O) is the brainchild of a team of former Apple and IBM engineers who set out to create a […]

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Apr21

KKR picks ex-MCI chief for First Data

NEW YORK: Kohlberg Kravis Roberts on Tuesday named Michael Capellas, the former chief executive of MCI, to lead First Data after the $25.6 billion buyout of the company, the largest processor of credit-card payments.
Capellas, 52, was MCIs chief executive from 2002 until the companys acquisition in 2006 by Verizon Communications. Before that job, he […]

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Apr21

Half of NHS workers sick of their jobs

Morale among NHS staff is so low that three out of five workers have thought of quitting their jobs, an independent survey of 24,000 employees by Income Data Services reveals.
Three out of five staff said they had been bullied by patients or carers and two out of five said they had been subjected to violence […]

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Apr21

Slow start for Fox business TV / Execs say it will be a year before it rivals CNBC

Less than three months after its much-ballyhooed launch, Fox Business Network is drawing an average of 6,000 daytime viewers.
The Nielsen number, for the period Oct. 15 through Dec. 16, rises to 15,000 during prime time.
Taken in isolation, the debut might be judged an abysmal failure. But no one - including Fox executives - […]

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Apr21

The Investor’s Dilemma: Fight or Flight?

The Federal Reserve’s Jan. 22 emergency rate cut arrives at a time when investors are rapidly running away from stocks, a sign of plummeting confidence in both the economy and the market.
Last month, investment researcher Morningstar («www.businessweek.com») says, investors pulled a net $27 billion from equity mutual funds, the biggest outflow of funds since […]

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Apr21

WAL-MART SHARES ADVANCE ON SALES FOCUS

June 2, 2007 — Wal-Mart yesterday outlined plans to slow store expansion and buy back more stock, signs that the retailer is increasingly focused on improving investor returns in the wake of disappointing sales at its U.S. stores.
The retail giant now plans to open no more than 200 super centers this year, fewer than […]

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