MF Global, a brokerage firm run by former Goldman Sachs chief and former New Jersey Governor Jon Corzine, filed for chapter 11 bankruptcy on Oct. 31, just days after disclosing a $6.3 billion bet on European government debt. The brokerage reported its biggest ever quarterly loss since going public in […]

As the NBA enters its fifth month in lockout, rumors have begun to emerge that the National Basketball Player’s Association is considering decertifying the union to gain leverage over the league and the owners. After decertifying a union, which involves a somewhat complicated process that leads to a vote among […]

First, it was Wells Fargo on Oct. 28 who repealed its $3 debit card fees. Then, on Oct. 31 Atlanta-based SunTrust Bank rescinded its charge. Bank of America followed the very next day after seeing a general exodus of customers since the fee had been announced in late September. “The […]

Whether it is an Android, Blackberry, or iPhone, anyone with a smartphone knows just how many apps there are to choose from in the market. Narrowing down the endless possibility of gadgets might seem impossible, but thanks to an anonymous survey of 12 University of Maryland students, 66.7 percent […]

As early as 2012, Bank of America’s customers will have to pay a $5 monthly fee to use their debit cards. Forbes Magazine reported that Bank of America’s chief executive, Brian Moynihan, referred to the added cost as “A necessary evil given the new regulatory framework in the financial […]

The Smith Undergraduate Student Association (SUSA) will once again be offering its annual trip to New York, providing undergraduate business students with an opportunity to network with young Smith alumni and prospective employers, visit some of the top companies in the city, and meet other undergraduates with similar interests.  […]

Amazon’s Kindle Fire is creating quite the buzz in the tablet market donning its modest $199 price tag and racking up substantial pre-sale figures. The Kindle Fire has been selling at a rate of 20,000 units per day since it became available for pre-order on September 28, the same […]

Cell phone users now rely so heavily on their phones that basic communication has essentially become next to impossible without them. NV3 Technologies, a Baltimore based company, is taking advantage of consumer attachment to phones. It is now manufacturing cell phone charging kiosks which make it possible for consumers to […]

Groupon.com is planning an initial public offering on November 1st, a high anticipated stock release. Groupon is an electronic commerce service that offers users daily deals to local or national companies. Some deals, for example, offer a buy one, get one free burrito sale at a local Mexican restaurant, or […]

The National Basketball League remains locked out long past the time the season should have begun. While signs of progress have been seen in recent negotiations, the standoff between the NBA’s owners and the Player’s Association has continued with little to no progress over the course of the summer and […]