Yahoo shares today reached a five-year high. The sudden spike in Yahoo’s shares comes as a surprise even though there were mixed earnings report. Yahoo did however manage to beat the profit estimates but that doesn’t seems to be the only reason for the market to cheer for Yahoo. Yahoo has indeed performed really well and Yahoo’s CEO Marissa Mayer ... Read More »
S&P Downgrades Italy!
As the Eurozone crises continues S&P has downgraded Italy’s sovereign rating by one notch! Italy’s sovereign rating has been downgraded from BBB+ to BBB. Italy’s poor economic prospects which seems to get worse with time passing is attracting much negative attention. Standard & Poor’s Ratings Services is downgrading Italy’s credit, saying the country’s economic prospects are getting weaker. S&P lowered its long-term ... Read More »
Teacher Gives Birth To Student’s Baby
Teacher student’s baby - What has this world come to? A California teacher has been arrested and is accused of having a 16-year-old student’s baby. She was arrested two weeks after she gave birth to a baby that was allegedly fathered by a student. Laura Elizabeth Whitehurst, 28, was arrested Monday night for allegedly having unlawful sex with a 16-year-old, Redlands ... Read More »
Loch Ness Monster Finally Found?
The mystery of the Loch Ness Monster has been troubling mankind for quite a long time. Does it really exist? Why only a few evidences of it? If it does, is it dangerous? For those of you wondering what on earth is a ‘Loch Ness’, well it is monster said to be living in in Loch Ness lake, rarely photographed, ... Read More »
Obama Visits Nelson Mandela’s Jail Cell [PHOTOS]
President Obama and the his family visited the prison on Robben Island, South Africa on Sunday where Nelson Mandela and other anti-apartheid leaders were jailed as political prisoners. This is President Obama second visit to the prison, the first time it was in 2006 when he was a Senator. This is his first visit with his family. On behalf of ... Read More »
1 Million People March in Protest Across Brazil
Brazil witnessed it’s biggest protest as an estimated one million people took to the the streets on Thursday. So why are people protesting in Brazil and why like everyone? Anti-government movement has been on the raise as people continue to be unsatisfied by the government measures in spite of the recent reversal of transport fare hikes that initially sparked the ... Read More »
IBM Layoffs – Thousands being Fired Worldwide!!
IBM Layoffs – IBM has slowly and silently started laying off its employees worldwide according to a report. IBM said back in April it has plans to shrink its work force and spend $1 billion on severance and other costs to get there. But Laurence Balter, an analyst at Oracle Investment Research says that this would add up to somewhere ... Read More »