Tuesday, May 5, 2015

SWIFT: Who are they and what are they for?

May 1, 2015 by · Leave a Comment 

SWIFT is not a repository of money, nor is it considered a bank. What is does is give out codes which serve as the unique identification code of a particular bank (a.k.a. Bank Identifier or SWIFT Codes). These codes are then used when transferring money between banks, especially those based overseas, by way of wire transfers, and also for the message exchanges between these banks.

KFC Double Down Chicken Sandwich Has No Bread In It

April 20, 2015 by · 3 Comments 

If you are a fan of Kentucky Fried Chicken fast food chains, you may have probably heard about its new menu called KFC Double Down Chicken Sandwhich. Accordingly, this “KFC Double Down Chicken Sandwich” is the newest sandwich offering wherein instead of bread buns usually used in hamburgers and sandwiches, two chicken fillets are used. […]

Amazon Acquired Woot: CEO Matt Rutledge and his Reactions

April 11, 2015 by · Leave a Comment 

The American-based multinational electronic commerce company has just bought the American Internet retailer Woot. The company has been famous to be offering only one discounted product each day, often a piece of computer hardware or an electronic gadget. Woot CEO, Matt Rutledge has had an interview June 30, 2010, confirming that Amazon has acquired their […]

Carlos Slim: The World’s Richest Man- Forbes Magazine

March 5, 2015 by · 1 Comment 

Ever since 1994, Carlos Slim is the first non-American declared to be the richest man in the world by the Forbes Magazine. The spot was reigned by the Japanese real estate kingpin Yoshiaki Tsutsumi but he was entirely out of the picture. Slim, the Mexican telecom mogul got a net worth of the $53.5 billion. […]

Hedge Fund Moore Capital Involved in Insider Trading

February 13, 2015 by · Leave a Comment 

Not too long ago, the whole world was shocked about the news on the largest ponzi scheme ever created in the case of the hedge fund Bernard L. Madoff Investment Securities LLC which was being chaired by no other than Bernard Madoff. Today, another hedge fund company is under scrutiny for alleged insider trading. Apparently, […]

Dow Jones Industrial Average Down, P&G 3M Accenture Plummet

February 3, 2015 by · Leave a Comment 

Last Thursday afternoon wasn’t a good day for shareholders of Procter and Gamble, Accenture and 3M. The three said companies’ shares tumbled and the stocks fell below the circuit-breaker level of what is called the ‘Liquidty Replenishment Point’. Under a Liquidity Replenishment Point,  the designated market makers on the NYSE floor are given an opportunity […]

Stock Market Today: Accenture Stocks Plummet to a Cent

February 1, 2015 by · Leave a Comment 

Could it be just a computer glitch at the New York Stock Exchange? Accenture, one of the three big companies whose stocks fell sharply last Thursday night, had a display of $0.01 per share of stock during a computer trading mishap that went all the way affecting the Dow Jones Industrial Average fall. At the […]

Updates on Tylenol Recall 2010 and Other Children’s Medicine Recall 2010

January 18, 2015 by · Leave a Comment 

Tylenol Recall 2010: McNeil Consumer Healthcare has just released a recall statement in its various children’s medicines on April 30, 2010. Accordingly, the company, in consultation with the US Food and Drug Administration or FDA is voluntarily recalling all children’s Tylenol which are currently not yet expired and are being sold and distributed in the […]

MWRA Water Main Break in Boston Needs Repair

January 6, 2015 by · 1 Comment 

The Massachusetts Water Reources Authority (MWRA) had just been reported to have a main break. Being the public authority in the Boston Massachusetts that provides wholesale drinking water and sewage services, the main break caused an alarm to almost 2 million residents of Boston. According to a spokeswoman of MWRA, it would probably take 2 […]

Missouri store clerk wins $258M Powerball jackpot

November 10, 2014 by · 5 Comments 

Earth day is lucky day for Chris Shaw, a 29-year old tattoed father of 3 children and an employee of Break Time in Marshall, Missouri when he learned he is the winner of the $258 million Powerball jackpot. He bought the $5 ticket on a Wednesday at Break Time and the numbers who brought Shaw […]

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