Microsoft Founder Paul Allen Suing a Bunch of Tech Companies
Paul Allen, one of the co-founders of Microsoft (MSFT), is suing Google (GOOG), Apple (AAPL), Facebook, YouTube, Yahoo (YHOO), eBay (EBAY), Netflix (NFLX), AOL (AOL), Office Depot (ODP), OfficeMax (OMX), and Staples (SPLS). He is claiming that the companies are infringing on the patents held by Interval Licensing LLC, another company he founded.
Birth Control Stocks: A Recession Play
The birth rate in the United States has fallen to its lowest level in 2009, the lowest in a century, due to what many economists fear is a reaction to the recessionary economy. Last year, the birth rate dropped by over 2.5% on an increase in population. For many families, children are their biggest expense, [...]
Fall in Unemployment Benefit Claims in the US
In the present week, the US economy saw a steady decline in the number of claims for unemployment benefits. In view of this decline, Thursday morning showed stocks at relatively higher prices, bringing some respite to the markets worries about the slowing economic growth. For instance, the industrial average for Dow Jones, increased by 19 [...]