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 …

You probably know that Dow Jones had been going down for five consecutive days until today. The streak was finally ended due to positive results reported by retail giants Wal-mart and Home Depot. Dow Jones Industrial Average incremented 103.84 points to 10405.85.
Impressive quarterly results led to 93 cents rise in …

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 …

Setting your business up to accept credit cards is a great way to reach out to new customers and encourage your existing customers to spend more. Nowadays, most businesses that process credit/debit cards do so via a merchant account. Merchant accounts essentially serve as a credit/debit card processing agreement between …