Boost for Back-to-School Sales
The back-to-school supply sales this year have been the fastest growing in four years. This is the second most important season for retailers, after the Thanksgiving season, and the back…
AIG Selling Their Mortgage-Guaranty Unit
The American International Group Inc. (AIG) has said that they will sell their mortgage-guaranty unit to Arch Capital Group Ltd. for approximately $3.4 billion. They believe they will get $2.2…
Shake Ups in the Online Gaming World
Apparently online gaming is the place to be, if this recent acquisition gives a hint about popularity of such activities. A Chinese consortium that includes Shanghai Giant Network Technology Co.…
US Job Growth Turns Up
US job growth was on a major upturn in June as there was a boost in hiring. The first quarter showed a lull and now the economy looks like it’s…
A Major Purchase: Microsoft Corp. and LinkedIn
Hang on to your hat, because Microsoft Corp. is heading towards buying LinkedIn Corp for $26.2 billion. The combination allows for software like Microsoft Word and PowerPoint to connect with…
Gains in Single-Family Home Sales Across the US
In great news, new US single-family home sales have had their biggest gain in 24 years with the April numbers. As the report from the Commerce Department shows, there is…
Merging Communication Companies
Friday, the US Federal Communications Commission confirmed that they have voted to approve the acquisition of Time Warner Cable Inc. and Bright House Networks by Charter Communication Inc. This would…
What are the Most Expensive Cities in the US for Renters?
It’s always helpful to have ideas about where NOT to move as much as you want ideas about where to move. Zumper, a residential real-estate rental website can offer some…
Who Will Buy the Starwood Hotels & Resorts Worldwide Inc.?
This is a situation worth watching. China’s Anbang Insurance Group Co. has raised its offer to Starwood Hotels & Resorts Worldwide Inc. It now stands at almost $14 billion. The…
Economy Looking Up Says the Labor Department
Here’s some good news for the US economy. US employment gains grew in February with nonfarm payrolls increasing by 242,000 jobs last month. The Labor Department also said on Friday…