Facebook is on the verge of seeing if investors really “like” it. The social networking giant could file for its hotly anticipated initial public offering as early as Wednesday, according to the Wall Street Journal. The stock market debut will value the company at between $75 and $100 billion dollars, the newspaper said, citing unnamed [...]
Citigroup Inc. said Thursday that hackers accessed the credit card information of tens of thousands of its North American customers. The bank said it recently discovered during routine monitoring that account information for about one per cent of customers was viewed. Citigroup says that hackers have gained access to credit card information of some of [...]
Facebook is closing down. The Roman Emperor of social networking is tired of it all. He is heading for pastures new. Oh, and you might never be able to get your photos back. Such was the story printed by the venerable Weekly World News in order to allay the boredom of standing in line at [...]
Behind closed doors, Ben S. Bernanke, the Federal Reserve chairman, called it “the worst financial crisis in global history, including the Great Depression.” He said that 12 of the country’s 13 most important financial institutions, including Goldman Sachs, had been on the verge of collapse “within a week or two.” (The apparent exception: JPMorgan Chase.) [...]
What was 1984? Orwell’s best known political novel, the Los Angeles Olympics, the Ethiopian famine, the year I graduated from college, and what else? 1984 was the first time black Americans had a television series that made us universally proud to be black Americans: The Cosby Show. The Cosby Show featured an educated, loving, intact [...]
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