Walt Disney Corporation has announced to the world that they will be buying Marvel Entertainment. The comic book and action hero company will be sold for about 4 billion dollars. As of now, the wait is for the approval of the shareholders of Marvel. The shareholders will get 30 dollars …

According to recent news, General Motors might decide not to sell its European car firm Opel which has been struggling for quite some time now. Bids for Opel have been arriving from everywhere including German Government which said that it will lend Opel 6.4 billion dollars given the condition that …

Guaranty Bank has been closed down making it the third largest bank to fail in the year 2009. Till now, 81 banks have failed in the year 2009. The Federal Deposit Insurance Corporation, FDIC, will receive the 13 billion dollar assets and 12 billion dollar deposits of Guaranty Bank. The …

There is no doubt that we are currently going through very challenging financial times. And it is in these times that we need money the most. We have to pay our rent, phone and cable bills, gas bills and so much more yet we hardly have any cash in our …

The automobile giant BMW has said, after a decline in profits for the April to June period, that there are few signs of economy recovery. The profit for the concerned period this year was 174 million dollars which is 76% less than what it was a year ago in the …