Looks like investors believe that Steve Jobs is the iron hand that holds the Apple together and without him Apple would really hit the floor. Apple Inc. shares fell 4.4% in early trading Tuesday, erasing about $15 billion in market value, after the consumer-electronics company disclosed that company visionary Chief Executive Steve Jobs would take another medical leave. Few CEOs ... Read More »
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Blockbuster files for bankruptcy
Blockbuster one of the biggest DVD and games rental company has gone bust in US. They seems they cannot handle any more loses and finally filed for bankruptcy. The Dallas, Texas-based company said it had made the decision as part of attempts to cut its debts and restructure the business. Agreements with its creditors will allow it to cut its ... Read More »