Wall Street investment firms have shown large gains during President Obama’s tenure in office, despite wide economic downturn, according to a recent Washington Post report. The securities industry earned more in the first 21 / 2 years of the Obama administration than they did during the eight years of […]

Dish Network Co., a nation-wide satellite-television provider, lost 111,000 customers in the third-quarter of 2011, compared to the 327,000 gain by its rival DirecTV, according to Bloomberg. Despite loss in customer base, Dish’s sales and earnings rose from last year’s numbers. Revenue totaled $3.6 billion for the quarter, a […]

When voters in Ohio headed to the polls on Tuesday, they were not just electing mayors, but also setting a precedent by voting on an issue that Democrats are calling a big win. Despite it being an off year for federal elections, many in the political community had their […]

The leader behind McCormick spices spoke at the second CEO@Smith lecture series of the semester Tuesday night.    Alan Wilson, chairman, president and CEO of McCormick & Co., addressed a crowd of Robert H. Smith School of Business students, faculty, and staff in Frank Auditorium. The audience listened as Wilson […]

Amid a whirlwind of economic turmoil and uncertainty, the center of the European debt crisis turned to Italy, a country that experienced peak bond rates – costs of borrowing of 7.4 percent on Nov. 9, and continues to carry a debt of $2.6 trillion. At its lowest point of […]

Media companies Walt Disney Co. and Google Inc.’s YouTube announced a joint effort to create family-friendly original content in hopes to tackle separate obstacles. The two companies announced on Nov. 7 a new partnership that would allow Disney to distribute its programming on the video-sharing website, YouTube. The companies […]

The controversial Keystone pipeline construction decision was pushed back by the State Department on Thursday, delaying until after the 2012 presidential election. The proposed pipeline has created plenty of buzz in the Washington metro area, as everyone from oil companies, to businesses, to environmentalist had an interest in the […]

Despite missing Commissioner David Stern’s deadline of midnight on Wednesday to reach a new deal, the negotiation between the National Basketball Player’s Association and the National Basketball league seems to be coming to an end. The players and owners have finally arrived at an agreement on the most contentious […]

Investor Warren Buffett has recently gone on a stock spending spree, purchasing some $20 billion in stocks in the past quarter. Buffett’s company, Berkshire Hathaway (BRKA), spent the billions on these stocks in the three months preceding Sept. 30, which also was the worst quarter for the United States […]

As more and more students switch over to iPhone or Droid devices, the market for BlackBerries, at one time the phone of choice for many students, continues to worsen. Shares for BlackBerry maker Research in Motion plunged to $19 a share this week, down 67 percent from the beginning […]