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Toyota Production At Two U.S. Facilities Will Idle For Several Days →  February 17, 2010

After millions of recalls (Around 8 Million), a consumer base that has largely lost confidence in the company and questions still remaining about the safety of their vehicles, it doesn’t come as a surprise to us that Toyota has announced a slow down in production of vehicles at two of their U.S. plants.

SkillSoft Agrees To $1.1 Billion Buyout By Several Private-Equity Firms →  February 12, 2010

Skillsoft PLC, a provider of Internet-based corporate training software has agreed to be bought out by a group of private equity firms for $1.1 billion, a price lower than last months trading prices.

FirstEnergy Gears Up To Buy Rival Allegheny Energy →  February 11, 2010

FirstEnergy Corp today agreed to purchase Mid-Atlantic power company Allegheny Energy Inc. for $4.7 billion, a merger that will create one of the largest electricity providers in the United States.

13 Hot Jobs For the Next Decade →  February 9, 2010

With millions of Americans out of work, the job hunt is at the top of the national priority list. Kiplinger, the business forecasting and personal financial advice publisher, offers a baker’s dozen of recommended career choices for the next decade, many of which are in healthcare-related fields.

Toyota Announces Prius Recall In Japan, 170,000 Vehicles Involved →  February 8, 2010

Toyota has recalled 170,000 Prius Hybrid cars from the Japanese market today after braking problems were discovered with the vehicles, at the same time Toyota promised to announce a global fix to the companies recent vehicle safety issues. The “fix” announcement which will occur on Tuesday will include a detailed plan to fix the braking issues [...]

Bank Of America “Investment Bankers” Take Home $400,000 In Yearly Bonuses On Average →  February 3, 2010

Bank of America paid out $4.4 billion in corporate bonuses last year, a number that amounts to approximately $400,000 for each Investment Banker at the company.

AIG Paying Out $100 Million Dollars In Bonuses →  February 3, 2010

AIG announced on Wednesday that they will pay out a huge round of bonuses to their employees, an amount totaling $100 million. It has only been a year since the American public heard about and protested bonus announcements at the company.

Toyota Halts Retail Sales Throughout U.S. As Recall Concerns Continue To Mount →  January 27, 2010

Toyota today announced that they have halted the sale of vehicles in the United States amid concerns that the accelerator pedal on their vehicles can stick or become stuck, leading to continuous acceleration while the driver is attempting to stop.

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