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IKEA Invests In Wind Power At Its U.S. Facilities
Thursday, April 17, 2014 - 3:05pm | 473There's another sign that the big corporations are taking the idea of alternative energy and energy sustainability quite seriously. Swedish home furnishing retailer IKEA announced last week it is investing in wind power, with the purchase of the Hoopeston Wind facility in Illinois. The company...
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Groupon Shares Slide to New Low
Thursday, July 12, 2012 - 8:06am | 407E-commerce marketplace Groupon (NASDAQ: GRPN) saw shares drop to the lowest levels on Wednesday since going public in November. According to CNBC, trend tracking site ComScore reported a 15 percent decline in traffic in June compared to the previous year. In the same month, Groupon had 12.25...
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European Union Hands $123 Billion Over to Spanish Banks
Tuesday, July 10, 2012 - 9:07am | 365According to Bloomberg, European governments are aiming to hand over as much as $123 billion in emergency loans in order to stabilize Spanish banks. In addition, the costs may be moved from the Spanish government's balance sheet in order to shield the country from the debt crisis. Spain's...
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The Fruits of Bureaucracy can be Poisonous
Friday, July 22, 2011 - 2:03pm | 971Nothing demonstrates the passing of the capitalist, entrepreneurial spirit from parents to children better than lemonade stands. Many of us had lemonade stands as children, which gave way to car washes in high school to raise funds for everything from a new video game system to a school trip. This...
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Will Transformers 3 Become the Biggest Movie that Sucks, or the Best Movie that Flops?
Tuesday, June 28, 2011 - 12:02pm | 1182There is precedent for both outcomes. Which one is most likely to befall the sequel to Revenge of the Fallen? Tonight at midnight, movie theaters all across the country will begin showing Transformers: Dark of the Moon, the long-awaited third installment to the Transformers movie franchise....