2011 March | News Simplified

Fiesta Bowl Chief Executive Fired For Financial Misuse

Posted by Charlie Waddington Featured, Finance Wednesday, March 30th, 2011

The Fiesta Bowl CEO, John Junker, faced the sack on Tuesday following a series of allegations that Junker misappropriated Fiesta Bowl funds by using them in his political campaigns among other forms of financial misdemeanor. On the same day, an independent 276-page report was released detailing matters of misconduct from the senior level administration [...]

Kodak A Winner In $1 Billion Review Of RIM-Apple Patent Row

Posted by Charlie Waddington Business, Featured Tuesday, March 29th, 2011

The most recent round in a patent row over Research In Motion Ltd. (RIM) and Apple Inc. versus Kodak has seen Eastman Kodak Co. arise the winner of the patent review with the possibility to score an excess of $1 billion. The patent row was kicked out on the 24th of January by the United [...]

New Job Cuts Ahead Following Closure Of 2000 Postal Offices

Posted by Charlie Waddington Featured, Finance Sunday, March 27th, 2011

A whooping 7,500 administrative members of staff, at the US Postal Service, risk losing their jobs following plans to close 2000 postal offices countrywide. Employees with the US Postal Service, USPS, are being persuaded to resign or quit, with a payout of $20,000 with the hope to lay off enough workers so as to [...]

American Jet Fighter Spins And Hurtles Into East Libyan Turf

Posted by Mandy Paige Entertainment, Featured Thursday, March 24th, 2011

An Air Force One jet fighter from the US on Tuesday spun from the skies above Libya’s Eastern turf, which is under rebel control, and came hurtling down to a crash, following what was referred to as a technical malfunction in the equipment of the Strike Eagle F-15E. The crash, which took place in [...]

Japanese Stocks Dip Lowest Since Oct ‘08

Posted by Charlie Waddington Featured, Finance Tuesday, March 15th, 2011

The earthquake in Japan today saw Nikkei stocks making the greatest dip since October, 2008. Global share prices dropped to a 6-week low in a loss extension/sharing amidst the aftermath of Japan’s catastrophic earthquake, tsunami, and nuclear threat. Negative speculations from investors over Japan’s economic losses fostered the highest day-trading decline in stock-prices since [...]

Japan Tussles With Risks From Nuclear Crisis

Posted by Mandy Paige Entertainment, Featured Sunday, March 13th, 2011

The earthquake that struck Japan left enough destruction which seeped into Japan’s nuclear power generation plants and paralyzed operations. Saturday saw a change of events with the worsened destruction following an explosion at the housing plant of a nuclear reactor only for another reactor to encounter cooler system hitches. Residences in the radius of [...]

Top Forbes Billionaire Is Carlos Slim For 2nd Year Running

Posted by Charlie Waddington Business, Featured Saturday, March 12th, 2011

According to Forbes rich list, the world’s richest person is billionaire Carlos Slim Helu, 71, a Mexican tycoon with a net worth estimated at $74 billion. Carlos Slim scooped the top position in this year’s annual worldwide billionaire rankings as published in Forbes magazine. Slim’s holdings went up by $20.5 billion, after he merged [...]

Security Council Talks Over No-Fly Restrictions For Libya

Posted by Charlie Waddington Featured, Finance Thursday, March 10th, 2011

The United Nations Security Council was on Tuesday holding talks to enact no-fly restrictions for Libya, which has seen a series of riots and unrest over the bad state of political and socio-economic affairs. Officials however reported that the talks did not bear any conclusive action to declare Libya a no-flying zone for security purposes. [...]

‘Rango’, Johnny Depp Movie Leads This Weekend’s Box Office

Posted by Mandy Paige Entertainment, Featured Monday, March 7th, 2011

The comical family animation titled ‘Rango’, which stars Johnny Depp’s voice, came out tops in this weekend’s box office from North America with a whooping 38 million dollars worth. The earnings for ‘Rango’, whose director was Gore Verbinski, arose from a total of 3,917 movie theaters to scoop the top position at the Box Office. [...]

US Unemployment Claims Drop 6,000 To 388,000 Claims

Posted by Charlie Waddington Featured, Finance Wednesday, March 2nd, 2011

During the past week, the number of unemployment claims filed in the US dropped by 6,000 applications to a total of 388,000 for the week that ended on Mar 26th according to data released by the Labor Department in Washington. According to a spokesperson from the Labor Department, the federal move in yearly revisions [...]

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