Archive for the 'Business' Category

Video game sales soar 53 percent in June

U.S. video game retail sales soared 53 percent in June, fueled by Nintendo Co.’s Wii and handheld DS gaming systems, as well as Konami Corp.’s blockbuster “Metal Gear Solid 4: Guns of the Patriots” — by far the month’s best-selling title.
Total sales of video game hardware, software and accessories hit $1.69 billion during the month, […]

Friday, July 18th, 2008

North Korea’s “Hotel of Doom” wakes from its coma

North Korea’s phantom hotel is stirring back to life. Once dubbed by Esquire magazine as “the worst building in the history of mankind,” the 105-storey Ryugyong Hotel is back under construction after a 16-year lull in the capital of one of the world’s most reclusive and destitute countries.
According to foreign residents in Pyongyang, Egypt’s […]

Friday, July 18th, 2008

Apple new iPhone went getting the phones

Apple Inc.’s new iPhone went on sale Friday to eager buyers worldwide, but there were problems getting the phones to work.
Kenny Pichardo, 24, was the first to buy an iPhone 3G at an AT&T store in the New York borough of Queens, but he said it took the store half an hour to get the […]

Friday, July 11th, 2008

Dow drops below 11,000 for 1st time in 2 years

Stocks tumbled Friday as investors focused on troubles at mortgage companies Fannie Mae and Freddie Mac and watched oil prices climb further into record territory. The Dow Jones industrials fell more than 200 points and slid below the 11,000 mark for the first time in two years.
Investors seemed unimpressed by a statement from Treasury […]

Friday, July 11th, 2008

Cash Store Approach Regulation of Payday Loan

The Cash Store Financial Services Inc. supports Ontario’s balanced approach to regulation of the payday loan industry. Cash Store (formerly Rentcash Inc.) is Canada’s largest broker of small-sum short-term consumer loans. Headquartered in Edmonton, Alberta, the Company is publicly traded on the TSX.
The Company employs over 1,500 associates in nine provinces and two territories and […]

Thursday, June 19th, 2008

Old Mining Law has NM Implications

A mining law reform bill passed the House last year, and now the Senate is looking at it. A committee led by Senator Bingaman is expected to bring forth a bill soon to reform the 135-year-old law that governs hardrock mining, including gold and uranium. The current hard rock mining laws, which include […]

Saturday, May 17th, 2008

Coal Mining Industry, Premier Beattie has done a flip-flop

Premier Beattie has done a flip-flop before, when he commissioned a study on the effects of uranium mining on the coal mining industry in Queensland. When that report stated that there would be very little impact on the coal industry, Beattie said he would allow uranium mining if the Labour Party changed it’s policy at […]

Saturday, May 17th, 2008