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 […]
Other News
NV3 Technologies Provides Cell Phone Charging On the Go
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 […]
Gap Inc. announces plans to close stores
Gap, the United State’s largest clothing chain, is planning to close one-fifth of its stores in the United States by 2013. Gap detailed plans to close 189 locations, 21 % of its stores, in an attempt to increase short-term profits while gearing up for plans to expand overseas. This announcement […]
Blackberry gives out free apps after data outage
On Wednesday, October 12, BlackBerry device users experienced a data outage that lasted for three days, leaving users without email function or Internet access on their phone. Research in Motion (RIM), the company that runs BlackBerry, is set to give BlackBerry users free applications on their devices as a result […]
Citigroup and Wells Fargo post strong third quarter earnings
Citigroup and Wells Fargo posted strong third quarter earnings on October 17. This news comes three years after the 2008 financial crisis, when the U.S. government issued bailouts to the banks for $45 billion and $25 billion respectively. Citigroup reported $3.77 billion in earnings for the quarter, a 74 percent […]
Wireless companies agree to provide greater transparency in billing
Unexpected wireless charges and head-scratching overage fees may soon be a thing of the past. The CTIA, a wireless industry’s trade association which represents more than 97 percent of wireless consumers, announced Oct. 17 that it will send free alerts to warn customers about overage charges, including messages both before […]
PwC coaches students on interviewing
The Accounting and Business Association hosted a PricewaterhouseCoopers interviewing tips session on Tuesday, stressing the importance of “brand” and connections for those going into an interview. Dori Jamison and Kerri Barrack were the speakers on a presentation devoted to helping students improve their interviewing skills as well as improving […]
Buyout rumors swirl around Yahoo
Over the past year, Yahoo has experienced a period of dormant growth and shrinking market share. The company ousted its chief executive officer Carol Bartz last month and has been struggling to compete with similar websites like Google and Bing. Nevertheless, junior marketing and supply chain management double major Ari […]
Sprint shares falter in financial woes
At Apple’s unveiling of the new iPhone 4S, Apple CEO Tim Cook also announced a new contract with Sprint as an addition to iPhone carriers. Sprint executives hope this addition will boost their bottom line and promote interest in the third largest U.S. wireless provider. According to the Wall Street […]
Update on the iPhone 4S
Apple’s CEO Tim Cook announced the creation of the newest iPhone product, the iPhone 4S, on October 4, although many consumers had anticipated the announcement of a brand new iPhone 5. The iPhone 4S sold 1 million preorders in its first 24 hours of availability, a new record for Apple, […]