All posts in "business"

GE To Purchase 25,000 Electric Vehicles

By Lil Herman / November 11, 2010

–  In hopes of jump starting the demand for electric cars, GE plans to purchase 12,000 GM vehicles beginning with the Chevy Volt in 2011. It will then add other manufacturers reaching it’s goal of 25,00 vehicles by 2015. “Electric vehicle technology is real and ready for deployment and we are embracing the transformation with […]

Olbermann Returns To MSNBC

By Lil Herman / November 8, 2010

Since Olbermann’s suspension was announced Friday, many critics have questioned the decision, including Rachel Maddow, Olbermann’s colleague on the prime-time lineup. But he evidently was subject to the same ethics standards that apply to NBC News journalists, and MSNBC suspended him indefinitely without pay on Friday. In a statement made Sunday, MSNBC said that Olbermann […]

Dell Dumping BlackBerrys

By Lil Herman / November 6, 2010

–  Dell is planning to replace 25,000 employee BlackBerrys with its own Venue Pro smartphone as it tries to gain ground in the mobile market. The Venue Pro smartphone runs Windows Phone 7. Dell said the move will save money, but RIM (Research In Motion) says that the cost of buying, deploying and supporting new […]

Keith Olbermann Calls A Timeout

By Lil Herman / November 2, 2010

–  The MSNBC “Countdown” host has suspended his “Worst Persons in the World” segment after comedian Jon Stewart slammed cable news personalities, including Olbermann, for their divisive nature at his D.C. Rally to Restore Sanity. “Its satire and whimsy have gradually gotten lost in some anger, so in the spirit of the thing, as of […]

Edison International Profit Up 27%

By Lil Herman / October 30, 2010

–  Edison International said earnings jumped 27% in the third quarter, beating analysts’ expectations. The company also raised its earnings guidance for 2010. Both Edison’s utility and its unregulated generation subsidiary “delivered solid earnings growth this quarter,” said Theodore F. Craver Jr., chairman and chief executive of Edison International. Craver credited Edison International’s “focus on […]

IBM Board Authorizes $10 Billion In Stock Buybacks

By Lil Herman / October 26, 2010

–  International Business Machine’s (IBM) board approved $10 billion in funds for additional stock repurchases, in addition to $2.3 billion left at the end of last month from a previous buyback plan. International Business Machines Corp also said on Tuesday that it would pay a quarterly cash dividend of 65 cents per share, unchanged from […]

BP Sells Gulf of Mexico Oil Fields

By Lil Herman / October 26, 2010

–  BP, scrambling to raise funds for the oil spill, has said it will sell its interests in four Gulf of Mexico oil fields to Japan’s Marubeni Oil and Gas. The deal, which is subject to regulatory approval, is expected to raise $650 million. The four fields together produce about 15,000 barrels a day. Last […]

New Adjustable Bed Distributors

By Lil Herman / October 21, 2010

– Bristol, PA, Hard Head Holdings, LLC, licensor of the Contour Adjustable Bed announced today that it has issued a license to Waratah, LLC to sell the Contour Adjustable Bed in an exclusive territory in the United States. Waratah, LLC is an investment company whose territory will be operated by the Contour Corporate office in […]

Launch Your New Career at the Michigan Franchise Forum

By Lil Herman / October 19, 2010

– Franchisors looking to expand in Michigan will meet November 11 at the AFS Group of Franchise Companies Headquarters in Warren, along with aspiring entrepreneurs and the local franchise experts of FranNet. The Michigan Franchise Forum will be broken into three segments to give attendees a well-rounded understanding of franchising in Michigan.  The first segment […]

Casa Latino Real Estate Relocates HQ to Los Angeles

By Lil Herman / October 15, 2010

– Los Angeles, CA – October 12, 2010 Consistent with its efforts to expand operations throughout California, Casa Latino Franchise Corporation has relocated its corporate office from the East Coast to downtown Los Angeles. The new headquarters office is located at 10100 Santa Monica Boulevard, Suite 300, Los Angeles, CA in the Century City section […]

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