The Internet phone company known as Skype has officially filed for a public offering to raise $100 million dollars. Thirty percent of Skype’s stock is owned by eBay, who owned the all of the company until a 2007 sale.
Unfortunately for Skype, Wall Street investors were unwilling to put a value on the company, as it [...]
For more than a month, detectives have been gathering evidence to present to L.A. County prosecutors for the investigation into Mel Gibson and the domestic violence allegations that he is facing. The evidence will be presented in a few weeks, according to a Sheriff’s Department spokesman.
The spokesman, Steve Whitmore, would not give any details about [...]
Researches from the San Francisco Federal Reserve Bank are saying that there is a “significant chance” that the American economy will slide into another recession sometime in the next two years.
Many are concerned that the US could be headed for a “double-dip” recession, as many consumers are now wary of spending money [...]
Games 2.0 has a new owner. Google (NASDAQ:GOOG) recently obtained Slide.com, one of the makers of online entertainment applications for social networks. Many of these applications allow users to create their own “virtual goods” and distribute them as they see fit. Google has not released the financial details of the acquisition, but rumors are circulating [...]
There’s a new name floating around, although most people have no idea who it actually belongs to. “Barry Soetoro” has become one of the top searches on Google, and it is beginning to spread the idea that President Barack Obama has a “second identity”.
Prison Planet, an independent news website, released a documentary called the “Obama [...]
The Gulf Coast, particularly Louisiana and Mississippi, are breathing a sigh of relief as Tropical Depression 5 has dissipated, but there is still a long season ahead and there is a large chance that this hurricane season will be a strong one, as predicted by the National Weather Service.
Lead seasonal hurricane forecaster, Gary Bell, said [...]
There is one animal that scientists are keeping a close eye on in order to determine how big of a hit the animal life in the Gulf has taken from the BP oil spill: the blue crab.
The blue crab is named for it’s blue-tinted claws. They also have thick shells and 10 legs, which help [...]
Another drop in the United States unemployment rate could be coming. In fact, many economists feel that the probability of this is higher than was previously predicted. In May, the unemployment rate was at 9.7%. This dropped to 9.5% in June. Robert Shiller, an economics professor at Yale University said that there is a greater [...]
Housing prices are falling at the moment, despite the fact that many guides may not yet reflect this. There were declines in home values throughout May and June, but these have not yet been shown in price measurements.
Data from Campbell Surveys reveals that prices for short sales fell 6.3%, foreclosures ready for move-in fell 6.8%, [...]
The goals that were set by the Obama Administration to help homeowners use mortgage modification to avoid foreclosure have not been met. Congress offered an assessment of the program, and said that the Treasury Department did not clarify what the program’s objectives should be.
Elizabeth Warren, the chairwoman of the Congressional Oversight Panel, noted that the [...]
