Tag Archives: billion

Looks like everyone favorite Twinkies is in trouble. The makers of Twinkies, Hostess is seeking bankruptcy protection as the company is struggling to make ends meet. Hostess Brands Inc., the maker of Twinkies and Wonder Bread, is seeking bankruptcy protection, blaming its pension and medical benefits obligations, increased competition and tough economic conditions. In its filing with the U.S. Bankruptcy ... Read More »

Bad day for retailers.A very bad Christmas for Sears Holding group of Companies. Thanks to the low key customer turnout to Sears and Kmart, the company has seen slump around 5.2% in its sales this holiday season. Some Business analyst says, Bad economy is the root cause for the low customer turnout which inturn has made the 125 year old ... Read More »

American Airlines and its parent company AMR Corp filed for bankruptcy on Tuesday after failing to win a labor deal with pilots and suffering from mounting fuel costs. AMR had been the only major U.S. carrier to avoid bankruptcy in the past decade. Its rivals used bankruptcy to restructure their labor agreements and cut costs. That left AMR, the third-largest ... Read More »

NASA has launched a 2.7-billion km voyage to Jupiter that will try to discover the secrets behind the largest planet in the solar system. The unmaned $1.1 billion Juno spacecraft blasted off from Cape Canaveral, Florida, at 11.25 a.m. Friday. The aim of the 1.7 billion-mile (2.7 bn km) voyage, was to learn more about how the solar system was ... Read More »

Yes, its official that U.S wasted $34 billion when it was struggling through recession, job loss and more. The United States has wasted some $34 billion on service contracts with the private sector in the wars in Iraq and Afghanistan, according to a study being finalized for Congress. The findings by a bipartisan congressional commission were confirmed to Reuters by ... Read More »

Buffett , Bill Gates the top ranked billionaires of the world has   joined hands and have appealed to fellow Americans  to give half of their wealth to charity. My first reaction  LOL!!! According to Forbes Magazine,  Bill gates has USD 53 billion and Buffett total money comes around  USD 47 billion. Gentleman, why dont you start by giving half your ... Read More »

The title Sounds funny , but the message it  provides  is more than funny. It is found out that the number of  Web Pages available Online  crosses  the total population of the earth. To say, the ratio between the Population and the web pages will be  1 : 150. This  shows that there are about more than 1 trillion web ... Read More »