Microsoft CEO Steve Ballmer announced today that he sold 50 million shares in his company last week, worth an estimated $1.3 billion. Ballmer also announced that he plans to sell an additional 25 million shares in the coming month. Microsoft issued a statement on behalf of Ballmer, hoping to head off any negative connotations about […]
The federal investigation has announced today that over $200 million will be shelled out by oil companies to settle bribery charges that were leveled against them. Federal investigators filed a case against several US oil companies over vessels and equipment that was being shuffled in between countries around the world illegally. The case against the […]
AIG announced this morning that they have raised $37 billion in an effort to repay federal bailout funds and regain control of their company from federal regulators. AIG is just one of the many large companies that accepted bailout funds to prevent a total failure when the financial crisis hit. As part of the bailout […]