Toyota, the Japanese auto manufacturer, reported that it expects its annual profit to drop by 31%. The reason provided for this massive drop was the recent powerful earthquake which cost Toyota approximately $4 billion.
Toyota stated that it does not expect to have any profits in the first half of the …

A close friend of mine came to me few days ago asking about merchant accounts. His dad is starting a new apparel store in Long Island. While initially, it’s going to be a small store but my friend’s dad does hope to expand it soon. This is why he is …

Schmidt steps down, Page the new CEO
Google took the world by shock when it announced that Larry page will be the CEO of the firm starting April. Page will be replacing Eric Schmidt as CEO. This is a very interesting move by Google which has raised multiple questions given when …

A credit card processing company based out of Troy, MI, North American Bancard has grown significantly over the past couple of years. They have topped off the tremendous growth with the acquisition of two companies this spring.
The company handles many different types of merchant accounts. From wireless merchant accounts to …

While Walmart’s sales in US declined, in the international market, Walmart enjoyed a 10% growth. Walmart’s experienced a 10% increase in its first-quarter profit due to increase in sales in countries such as Mexico and China.
Walmart recently experience a 1.4 percent drop in sales in US market. However, to counter …

The Real Estate business is improving in U.S. with an increase in the sales of homes. The sales have been increasing for third month in a row in June. Also, the increase has been better than expected. Sales which were 4.77 million in May rose to 4.89 million in June.

Even …