An article from InternetNews.com titled “AT&T Cuts Staff in Focus on Wireless, Data” illustrates that AT&T, the largest telecommunications services provider in the United States, is directing its focus into three particular business lines, namely: wireless, broadband, and video services. Its flourishing wireless business accounts for this strategic shift. AT&T deems it as one of [...]

An article from AFP titled “Microsoft Still Interested in Yahoo Search: CEO” discloses that Microsoft, the world’s leading software company, is still interested in purchasing Yahoo’s online search business, as expressed by Microsoft CEO Steve Ballmer. It can be recalled that earlier in 2008, Microsoft’s $47.5 billion-bid to acquire Yahoo was turned down by Yahoo [...]

Miramax Film Corporation is one of the leading independent motion picture studios that went from producing and distributing low-budget films into making and releasing bigger movies with hefty budgets. It has a notable portfolio of films including Chicago, Heavenly Creatures, The Crying Game, Pulp Fiction, Gangs of New York, Shakespeare In Love, and The English [...]

An article from StarGazette.com titled “Kraft Donates $22,000 to Food Bank” describes how Kraft Foods is donating a $22,000 grant award to Food Bank of the Southern Tier, a hunger-relief organization, to help fund the Mobile Food Pantry Program, which deals with the issue of rural hunger in the Southern Tier of New York. According [...]

One of the oldest financial services providers in the world, JPMorgan Chase came about when Chase Manhattan Corporation acquired J.P. Morgan & Co. in 2000. Prior to the acquisition, J.P. Morgan & Co. had assets that amounted to $2.3 trillion and the biggest market capitalization and deposit base of any U.S. banking establishment. While JPMorgan [...]

The Bank of America (BOA) is more than just a financial institution; it represents the real possibility of the American dream. As the nation’s largest consumer banking franchise and brokerage house, it has established itself in 50 states, the District of Columbia and over 40 countries across the globe. Its fact sheet includes an estimated [...]

Virgin Atlantic Airways Ltd, which also operates as Virgin Atlantic, was founded in 1984 by three people: Alan Hellary, an ex-chief pilot of Laker Airways; Randolph Fields, an Anglo-American lawyer and Richard Robinson, an English industrialist. It started operating on June 22, 1984 using a leased Boeing 747-200 (G-VIRG) which was previously used by another [...]

Part of the reason why Berkshire Hathaway has been successful in its dealings is Warren Buffet, one of the company’s largest shareholders and also its chief executive officer and chairman. The company deals with issues related to insurance, especially those that focus on reinsurance, specialty nonstandard insurance, and property and casualty insurance. Its CEO and [...]

Established in 1812, Citibank, a well-known international bank, had the original name “the City Bank of New York.” Later on, it became the First National City Bank of New York. Its first president was Samuel Osgood, a former Postmaster General of the United States. Eventually, management and ownership went to a protégé of John Jacob [...]