Kinder Morgan Inc. purchased El Paso Corp in a $21 billion deal Monday that combines the two largest North American natural gas pipeline operators. By purchasing their largest rival, Kinder Morgan has taken control of the North American natural gas pipeline industry. If they choose to request higher transport […]
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Oracle uses merger to build its cloud
Oracle Corp., the second largest software maker in the world, agreed to purchase RightNow Technologies Inc. for $1.43 billion on Oct. 24. With this purchase, Oracle Corp. is adding software to its relatively new cloud that will help serve customers through call centers, internet and social networks. “Oracle is […]
Congress approves first free trade agreements since 2007
Congress approved free trade agreements with South Korea, Panama and Columbia Wednesday, the first new trade partnerships formed by the United States in four years. The agreements will lower, or even eliminate, tariffs that face U.S. exporters in the three countries. According to the administration, the new agreements could […]
Boeing’s Dreamliner airplane hits first problem just weeks after inaugural flight
Pilots on Boeing’s new 787 Dreamliner were forced to deploy its landing gear manually after the system malfunctioned during a landing attempt in Okayama, Japan. The Dreamliner encountered its first problem Monday, just two weeks after All Nippon Airways’ (ANA) first commercial flight of the plane. A spokeswoman for the […]
Obama helps veterans find jobs
President Obama is meeting with veterans’ groups to help veterans from Iraq and Afghanistan find jobs in a gloomy economy and urging Congress to approve tax credits for businesses hiring former military members. A meeting on Monday, Nov. 14, will detail steps the Obama administration will take to aid veterans […]
Jeep Wrangler introduces a Call of Duty: Modern Warfare vehicle
Fans of Call of Duty: Modern Warfare and Jeep Wrangler, take note: Get your check books out. To coincide with the release of the latest installment of the remarkably popular video game series, Call of Duty: Modern Warfare 3 on Nov. 8, Jeep Wrangler launched a campaign for the 2012 […]
Google Plus attracts companies and sports teams
Looks like Facebook has some new competition. Google, previously known as a just a “search engine,” has expanded its dominion into social networking service. The expansion, announced on Nov. 7, 2011, is the latest feature on the Google Plus service to imitate what’s already available on Facebook. Google Plus was […]
Foreign counterfeit weapons may endanger American soldiers
You can “sprinkle” cupcakes and other baked goods without any relative harm. But overseas counterfeiters “sprinkling” counterfeit weapons and other electronic parts on the U.S. military supplies could endanger the lives of troops. By way of mixing authentic electronic parts with fake ones, suspicious manufacturers, mainly from China, have caused […]
Lucas Papademos named interim Prime Minister of Greece
On Thursday Lucas Papademos, former vice president of the European Central Bank, was named interim prime minister of Greece to guide the country through a tough debt crisis. After days of negotiations, Papademos was selected to replace former Prime Minister George Papandreou. Papademos had shocked investors when he submitted a […]
Senators propose an Internet Tax
A bi-partisan group of U.S. senators introduced a bill on Nov. 9 that would allow states to enforce a sales tax on Internet commerce. The Marketplace Fairness Act, announced by Sen. Lamar Alexander (R-Tenn.), Sen. Mike Enzi (R-Wyo.), and Sen. Dick Durbin (D-Ill.), will close sales tax loopholes for big […]