Category archives for: Finance

Microsoft Breakup Shot Down

Microsoft Chairman Bill Gates and CEO Steve Ballmer faced shareholders yesterday in Seattle and fended off calls to break up the company. Shareholders have said that they have grown tired of seeing the company’s stock sitting flat around $20 per share and believe that the company would grow and increase in value of split up […]

Mediacom Goes Private in $600 Million Deal

It was announced this morning that Mediacom, the eighth largest cable provider in the US, will go private after the CEO agreed to purchase all remaining shares in the company. Mediacom is following suit with other cable companies around the nation who have taken their fight for dominance to the private sector, hoping to calm […]

Retailers Bulk up for Holiday Shopping Season

Amazon announced this morning that they would add 15,500 more jobs for the holiday season in locations all over the US. Amazon, like many US retailers, uses temporary workers to help fill and ship orders during the busy holiday shopping season. The online retailer is adding far more positions this year than it has in […]

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