One of three operating units of Verizon Communications Inc, Verizon Business delivers advanced IP, data, voice and wireless solutions and is globally recognised as a telecom giant. With over 32,000 employees and 321 offices in 75 countries across six.
With oil futures nearing $97 a barrel, the price of home heating oil is rising this winter, following record gas prices. A fuel service made a residential delivery in Guilderland, N.Y.
But this year, high oil prices are upsetting that seasonal rhythm...
415 billionaires is what the US has. This is by the last count of Forbes magazine. Who's No. 2 you may ask? China.
A year ago, there were 15 billionaires in China. Now, there are more than 100, according to the widely watched Hurun Report. Forbes has...
The European Central Bank holds displeasure with the euro's rushed rise against the dollar. The bank's president, Jean-Claude Trichet said,
In the recent period I have observed moves that I would say were undoubtedly sharp and abrupt. And I said..
The Bank of Japan kept interest rates on hold in the face of market turmoil that has sent both stocks and the dollar sliding. Being a central bank BOJ, is an entity responsible for the monetary policy of Japan. Its primary responsibility is to...
Wal-Mart has benefited from the credit markets in time of economic tension, but it caused a severe blow for the biggest home improvement chain, Home Depot. Wal-Mart Stores, Inc. is an American public corporation, currently the world's largest public..
Bank of America Corporation will take a $3 billion debt-related write-down in the fourth quarter. A write-down means reducing the book value of an asset, because it is overvalued compared to the market value. This is usually reflected in the...
To protect borrowers of home loans from abusive banking industry the US House of Representatives passed a bill ensuring the rights of borrowers on Thursday evening. The bill, which was passed by a 291-127 vote, garnered 64 votes from the Republicans...
Is the world's totemic currency fast loosing its hegemony? That the dollar is fast loosing its glitter has come forward in a recent online poll by the Wall Street Journal asking people which currency they would prefer to be paid in. The euro came on...
Despite differences on a number of issues, OPEC members are united over increasing oil prices, which could touch $200 per barrel. Inaugurating the OPEC summit in Riyadh, the Venezuelan President Hugo Chavez gave a chilling warning to the global...
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