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  • Federal Authorities Arrest FDA Chemist for Internal Trading

    Mar 31, 2011 No Comments

    Federal authorities accused chemist working at FDA with insider trading, the officials alleged that he generated $3.60 million through trading drug company stocks on the basis of private drug approval information. The SEC filed civil charges against Cheng Yi Liang, FDA employee working since 1996, c...

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  • Australian Government Plans for Carbon Tax

    Mar 31, 2011 No Comments

    Australian government plans to impose a carbon tax on large polluters is stir up economic angst through out the country, while some analysts says that the levy will cut profits and could sacrifice country’s global competitiveness. The government wishes to launch a carbon price in July 2012, and sw...

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  • Apollo Global Management Offers Share for IPO

    Mar 31, 2011 No Comments

    Apollo Global Management succeeded to raise $565.40 million or a 13.00% more than it required. The company stated yesterday in a statement that it had sold 29.80 million shares at $19.00 each. According to a filing with the US SEC, Apollo had proposed 26.30 million shares at $17.00 – $19.00 ea...

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  • Stocks Sparked on Jobs and Energy confidence

    Mar 31, 2011 No Comments

    The US Stocks ended higher and marks its best first quarter performance since 1998, as the investors greet two reports on job growth. The Dow Jones Industrial Average Index projected +71.60 points or 0.58%, while the S&P 500 Index triggered +8.82points or 0.67% and the NASDAQ composite Index ear...

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  • Intel Corporation Launches New Series of Solid State Drive

    Mar 30, 2011 No Comments

    Intel Corporation proclaimed third generation solid state drive,   Intel’s Solid State Drive 320 Series. On the foundation of its industry foremost 25 nanometer NAND flash memory, the Intel SSD 320 substitute and builds on its fast performing Intel X25-M SATA SSD. Bringing more performance and e...

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  • China Grows its Share in the US Economy

    Mar 30, 2011 No Comments

    China increases its investment in the United States and its effects are felt by companies like Wanxiang throughout the country. Lenovo became one of the top brands of laptop in the United States by using Chinese investment. Haier, the home appliances renowned firm hired hundreds of US citizens at it...

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