Thfire.com Everyday news that matters 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 »
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 »
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 »
Giant Tornado Kills At Least 91 in Oklahoma!
A giant tornado, a mile wide or more, killed at least 91 people, 20 of them children, as it tore across parts of Oklahoma City and its suburbs Monday afternoon, flattening homes, flinging cars through the air and crushing at least two schools. The injured flooded into hospitals, and the authorities said many people remained trapped, even as rescue workers ... Read More »
Bank of America to Incur $60 Billion Loss?
Bank of America $60 billion – Bank of America seems to have got into a lot of trouble and it could be penalized with $60 billion over lawsuits related to mortgage-backed securities which includes 530 mortgage truts sold by Countrywide. The Motley Fool website’s Amanda Alix writes that some analysts have speculated that the loss would be attributed to a ... Read More »