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Thanksgiving Weekend Sales May Be Down, but E-Commerce is on the Rise
Monday, November 26, 2012 - 11:08am | 480Sales on Black Friday, 2012 were down from years past. According to a survey conducted by ShopperTrak, sales totaled $11.2 billion on Black Friday, down 1.8 percent from last year. This lower figure may be attributable to the fact that some stores kept their doors open on Thanksgiving Day, which...
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Facebook Saves $80 Million by Settling Lawsuit
Friday, June 22, 2012 - 8:30am | 418After enduring a lawsuit that could have ultimately cost Facebook (NASDAQ: FB) more than $100 million, the social networking giant has agreed to pay $20 million to settle a case involving Sponsored Stories and millions of Facebook users. The company was sued last December after Facebook began to...
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Louboutin & Skechers: Shoe Distributors Have Their Day in Court
Wednesday, June 13, 2012 - 8:34am | 520From luxury brands to toning hooves, stylish and low-cost shoe distributors are up against the law these days. Sketchers' (NYSE: SKX) fitness tennis shoes have come under fire in a legal case claiming their health benefits are bogus, while the striking color women have come to know and love...
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Cameron and Merkel Struggle to Compromise on EU Financial Reform
Friday, November 18, 2011 - 11:45am | 652Tensions are rising in Germany and the United Kingdom due to a Friday meeting between German Chancellor Angela Merkel and British Prime Minister David Cameron. The two European Union leaders are scheduled to meet today to discuss issues surrounding the European financial crisis. Prime Minister...
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Unaware That his Wife Just Gave Birth, an Irish Climber Dies While Attempting to Reach the Top of Mount Everest
Friday, May 27, 2011 - 10:19am | 242The Daily Mail has a horrifying report about a man who, unaware that his wife had given birth to a baby girl back home, died while attempting Mount Everest. Forty-two year-old John Delaney, a managing director of an online market prediction company, is thought to have collapsed less than 50 meters...
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Are the Protests in Spain a Sign of the Euro's Inevitable Collapse?
Wednesday, May 18, 2011 - 9:45am | 491UK's The Telegraph posted a video of current on-going riots in Spain. Spanish citizens are protesting “austerity measures” the Spanish government has undertaken to help get its fiscal house in order. The riots in Spain are similar to the events experienced by fellow struggling Eurozone-member...
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Ryanair In Trouble For Charging Passengers For Boarding Passes (RYAAY)
Friday, January 14, 2011 - 2:38pm | 169Between the TSA nonsense, the rising fees for checked baggage, the reduction in available flights, and the prospect of smaller planes, it doesn't seem like flying can get much worse. But it can. Ryanair (NASDAQ: RYAAY) has been making life miserable for some of its passengers. The airline has come...
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Imax Corporation Shares Soar To 52-Week High on Sony Buyout Rumor (IMAX, SNE)
Friday, December 31, 2010 - 12:36pm | 158Shares of Imax Corporation (Nasdaq: IMAX) are trading up 12% at $30.07 per share during the Friday morning trading session. The stock has been rising since the Daily Mail reported that Sony Corporation (NYSE: SNE) may be ready to offer more than $40 per share for Imax Corporation. The day's range...