New York Jets quarterback Tim Tebow Jerseys is the center of all the controversy as Nike moved to court against Rebook to prove it is superior. Nike (NKE) claimed in a lawsuit in U.S. District Court that Reebok International has used Tebow’s name on Jets-related apparel without permission since it was announced last week that Tebow was traded from the ... Read More »
Apple, LG, Sony & HTC are Being Sued by Graphics Properties
Silicon Graphics which is now known as Graphics Properties has sued top mobile manufacturers Apple, Sony, HTC and LG over patent violation over the sale of their mobile phones and other electronic devices. The lawsuit has been filed in U.S. District Court in Wilmington, Delaware. The patent at issue relates to a computer graphics process that turns text and images ... Read More »
Goldman Sachs – Buy Stocks Now!!
The financial overlord has said now is the best time for this generation to buy stocks. Goldman Sachs’s chief global equity strategist, Peter Oppenheimer, believes that this is the time where the investment made will give highest returns for this generation. In a research note out this morning, “The Long Good Buy,” Goldman’s chief global equity strategist, Peter Oppenheimer, unveils ... Read More »
Apple to decide on what to do with mountain of cash
Apple said it will be announcing its decision on what it will be doing with its ~$100 Billion cash (That is more then what the US Treasury has) on 19th March 2012. Apple could bail-out/invest in other areas rather then in Technology, after all it is having all these surplus cash just laying around doing nothing. Analysts expect Apple to ... Read More »
No More Secret Banking in Switzerland ?
Swiss Banks are known for their secrecy, for decades they have helped protect secrets and in modern times become a safe heaven for corrupt people to hide their money from the governments. Now the US Government is working hard to make sure nobody stacks any more secret cash, no more tax evaders. Switzerland’s oldest private bank, Wegelin & Co., which ... Read More »
Federal Reserve says economy is better, no action required.
The economy is better ? Looks like it is to the Federal Reserve. The Federal Reserve taking into account the recent burst in employment and has concluded that the economy is heading in the right direction and decided not to do any thing to stimulate it. The Fed noted in a statement after its one-day meeting Wednesday that the unemployment ... Read More »
Banks foreclosing on churches in record numbers
Churches are not in good terms with banks as banks are foreclosing churches in a record high numbers as Churches fail to make payments. The surge in church foreclosures represents a new wave of distressed property seizures triggered by the 2008 financial crash, analysts say, with many banks no longer willing to grant struggling religious organizations forbearance. Since 2010, 270 ... Read More »