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July 28, 2014 – 8:21 pm |

US economy failed to rebound in the second quarter of 2014 as much as investors expected and the American currency declined against Euro for the first time during the last seven days.

Tomorrow FED will begin meetings to debates the interest rates pace and if the Government is going to reduce further its bond purchase monthly amount.

Investors and analysts expect the rebound to be weaker than Read more […]

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Facebook’s Zuckerberg Makes A Baby Announcement on Facebook

August 3, 2016 – 3:28 am | Comments Off on Facebook’s Zuckerberg Makes A Baby Announcement on Facebook
Zuckerberg and Wife

Facebook chief executive Mark Zuckerberg took to Facebook on Friday to announce that he and his wife Priscilla Chan are expecting a baby girl. But the announcement also talked about miscarriages Ms. Chan had suffered in the process or trying to have a baby.

Mr. Zuckerberg wrote that he and Ms. Chan had had three miscarriages before the ongoing pregnancy. Mr. Zuckerberg’s Facebook post has more Read more […]

German Carmakers Acquire Nokia’s Mapping Unit For $3 Billion

May 3, 2016 – 6:18 am | Comments Off on German Carmakers Acquire Nokia’s Mapping Unit For $3 Billion
Nokia logo

German carmakers Audi, BMW, and Daimler (owners of the Mercdeds brand) paid € 2.8 billion or about $3 billion to acquire Nokia’s mapping service Hire. Nokia sold its mobile phone unit to Microsoft last year for $7.6 billion.

Nokia is now focused almost entirely on its telecom equipment business, selling communications equipment to telecoms carriers worldwide.

Nokia’s Here mapping technology Read more […]

Google Takes An AI Turn, Creates A Parent For Itself Named Alphabet

August 10, 2015 – 4:14 pm | Comments Off on Google Takes An AI Turn, Creates A Parent For Itself Named Alphabet
Larry Page Alphabet CEO

In a move that has surprised one and all, Google is restructuring how it runs itself. Google has created a new company called Alphabet that “is mostly a collection of companies,” writes Larry Page, the new CEO of Alphabet.

This already sounds like Warren Buffett’s Berkshire Hathaway and the way companies operate as independent entities under the Berkshire umbrella. Sergey Brin, Google’s co-founder, Read more […]

The Ford Mustang GT Convertible Has The Right Stuff, But Lacks Refinement

August 7, 2015 – 6:31 pm | Comments Off on The Ford Mustang GT Convertible Has The Right Stuff, But Lacks Refinement
2015-Ford-Mustang-Convertible

If a car can be proud of its heritage and try to sell on pedigree, the Ford Mustang is certainly one such car. In its 50th year, the Ford Mustang GT Convertible with a 5.0 liter V8 engine continues a proud legacy.

It’s fast and powerful and ticks all the points when it comes to speed with a 420 horsepower engine that will take you from zero to 60 mph in 4.8 seconds. It packs more torque than Read more […]

Berkshire Profit Declines 37 Percent, Insurance Underwriting Segment Loses $38 million

August 7, 2015 – 5:17 pm | Comments Off on Berkshire Profit Declines 37 Percent, Insurance Underwriting Segment Loses $38 million
U.S. President Obama awards the Medal of Freedom to recipient Buffett during ceremony at White House in Washington

Warren Buffett’s Berkshire Hathaway Inc. reported a 37% fall in 2Q2015 profits, including a loss of $38 million in insurance underwriting operations.

Berkshire Hathaway reported net income of $4.1 billion in the second quarter, or $2,442 per share, compared to $6.4 billion, or $3,889 per share, a year earlier. The diversified Berkshire group has interests across insurance, railroads, utilities Read more […]

Swiss Made Nico Gerard Watches Come With Apple Watch Or Apple Watch Edition Attachment

August 3, 2015 – 1:57 pm | Comments Off on Swiss Made Nico Gerard Watches Come With Apple Watch Or Apple Watch Edition Attachment
Nico Gerard Sunrise PINNACLE

If you want the best of Swiss watch-making traditions and precision and also want to wear an Apple Watch or Apple Watch Edition at the same time, well, a Nico Gerard Pinnacle watch is just what the doctor ordered.

If you thought Apple Watch Sport, Apple Watch and Apple Watch Edition smartwatches were rather expensive at $350, $500 and $10,000 respectively, what will you say about the Nico Gerard Read more […]