Take-Two Shareholders Revolt, Sack CEO and Elect New Board

The unprecedented occurred today as Take-Two shareholders revolted against the scandal plagued leadership of the company. At an annual shareholders meeting held today, a fresh set of directors were elected. An investor group that owns a 46% stake in Take-Two, which...

$20 Billion Contract Up for Grabs for Mobile Companies

"Under a government telecommunications contract worth at least $20 billion, the biggest-ever federal award, AT&T Inc., Verizon Communications Inc. and Qwest Communications International Inc. won the right to bid on orders. Shares of Sprint, the third-biggest U.S. phone...

Doing the Crocodile Rock

"JERUSALEM (AP) - A woman with three crocodiles strapped to her waist was stopped at the Gaza-Egypt border crossing after guards noticed that she looked "strangely fat," officials said Monday. The woman's shape raised suspicions at the Rafah terminal in southern Gaza, and a...

Apple of Our Eye: Macs Save Money

"There's been a distinct sea change in the way people think about Apple in the last few weeks. Recently, people have been saying the strangest things about Apple and the Mac. Everything is topsy-turvy. Pundits aren't trotting out the old conventional wisdoms any more. They're...

Stocks Rise Again, But Trade Still Light

"Stocks Rise Again, But Trade Still Light BY JONAH KERI INVESTOR'S BUSINESS DAILY Posted 3/20/2007 Stocks rose for the second straight session Tuesday, but another bout of quiet volume dimmed the day's gains. The S&P 500 climbed 0.6%. The index closed near its intraday...

EU Asks Citizen Input on RFID

"European citizens may have the chance to help shape legislation on how RFID tags will be used for commercial purposes in Europe. A year-long consultation on citizen reaction to RFID done by the European Commission resulted in the group announcing at CeBIT that it will back...

Al-qaeda plot to bring down UK Internet

"SCOTLAND YARD has uncovered evidence that Al-Qaeda has been plotting to bring down the internet in Britain, causing chaos to business and the London Stock Exchange. In a series of raids, detectives have recovered computer files revealing that terrorist suspects had targeted...

SEC Smacks Down Stock Spammers

What surprises me about this is that people even buy stocks based on breathless spam messages. Then again, if people didn't respond, then spammers wouldn't spam."The Securities and Exchange Commission has taken action against alleged stock promoters and hackers thought to...

Be Immune to the Global Market Flu

Tuesday saw the biggest one-day drop of the US stock markets since September,11, 2001. The Dow Jones Industrial Average fell 4.2% last week - its worst week since March 2003. Asian stock markets also saw a frenzied selldown. The cause of this nervous breakdown is the result...

Dow Jones Drops 500 Points

I don't know how much Dick Cheney's incident really has to do with this. China's market roller-coaster is the far more likely culprit."Stock tumbled across the board Tuesday, with the Dow industrials sinking more than 500 points at one point, after declining markets in China...

Why would you want a NASCAR track in your area?

"Gov. Chris Gregoire said she suggested building a NASCAR racetrack in Lewis County to officials from the stock car racing organization but they were not interested."Something about trying to attract a bunch of rednecks to your county just does not make sense to me,...