Corporate

What Company Can Do – Your Boss Is Spying on You?

Posted by Jay     Tags: 24 May, 2010    945 views    (0) Comment

Think your privacy is protected at the office? Think again. In fact, if you’re reading this at work, there’s a very good chance that your boss is, too. While we no longer live in the days when Henry Ford could freely inspect his employees’ homes, technological advances have erased the idea of employee privacy at work. Employers monitor employees not only to rate employee performance but also to assess and prevent security risks, fraud, and sexual harassment. Modern workers Read Full Article (Click here)...

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World’s Richest Man, a Billionaire for Five Hours!

Posted by Jay     Tags: 1 April, 2010    1,202 views    (0) Comment

When Paul Fischer checked his bank account Friday night, he had a happy surprise. His balance had exploded to $88,888,888,888.88. A very lucky number indeed, and close to $89 billion. Of course, the balance was a technical error by SunTrust Bank (NYSE: STI – News), which quickly fixed the problem. It also may have occurred in other accounts. “You say, ‘Eighty-eight billion, what can I do with that?’” said Mr. Fischer, who owns a jewelry concessionaire for Read Full Article (Click here)...

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Industrial and Commercial Bank of China Limited (ICBC),China-based commercial bank,Ranks First as the Largest Bank in the World by Market Capitalization

Posted by Jay     Tags: 16 January, 2010    2,254 views    (0) Comment

As of December 31, 2009, ICBC has a market capitalization of USD 268.982 billion, the largest among all the banks in the world and USD 70 billion more than the second bank in the ranking. Meanwhile, ICBC moved up to the fourth place in the worldwide ranking of publicly traded companies in terms of market capitalization. Beginning from 2009, ICBC has weathered all the negative impacts brought by the global financial crisis and maintained the momentum. Business was steady, risk under Read Full Article (Click here)...

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Ultracheap Nano, from India costs $8,000, could come to US

Posted by Jay     Tags: , , 15 January, 2010    2,518 views    (3) Comment

DETROIT (AP) — The world’s cheapest car is being readied for sale in the U.S., but by the time India’s Tata Nano is retrofitted to meet emissions and safety standards, it won’t be that cheap. Tata Technologies Ltd., the global engineering arm of the Tata group conglomerate, brought the tiny car to Detroit as a publicity stunt for the engineering group. You can see all the description and details Read Full Article (Click here)...

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Fed: banks need customer consent on overdraft fees

Posted by Jay     Tags: , 13 November, 2009    2,694 views    (2) Comment

WASHINGTON (AP) — Banks will have to secure their customers’ consent before charging large overdraft fees on ATM and debit card transactions, according to a new rule announced Thursday by the Federal Reserve. The rule responds to complaints from consumer groups, members of Congress and other regulators that the overdraft fees are unfair because many people assume they can’t spend more on a debit card than is available in their account. Instead, many banks allow the Read Full Article (Click here)...

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