Cracking Finance
Your only stop for Business, Finance, Jobs and Insurance news.
Google is spelled wrong – 11th birthday celebration
If you have visited Google’s homepage today, you probably noticed that it has been spelled wrong. Most people will probably think that it is a mistake but it is not. Why is Google spelled wrong? Today’s new logo is spelled “Googlle” with two “l”s. Why does Google have two “l”s? …
Morgan Stanley CEO Mack steps down, Gorman takes over
The Chief Executive of Morgan Stanley, Mack, will be resigning and James Gorman will be taking his place soon. Mack will still stay with Morgan Stanley as the chairman.
The bank took a lot of chances under Mack by betting more money than they actually had. This helped them a lot …
Financing your new business
Starting a business is not a child’s play and we are all aware of that but still a lot of individuals set out to start their own business but due to lack of careful planning, they end up failing. Before taking any actions, one should always have a game plan. …
Investing in bonds a good option in recession
In times when money seems to be running out, we only wish that we had saved parts of our incomes before so that we could use them now. But it is never too late to take a positive action. You can always start securing your future. Things would have been …
Three more banks fail in America – raising the total to 84
Three more banks failed in America yesterday in California, Maryland and Minnesota on Saturday causing the total count of failed banks in 2009 to rise to 84. America is currently facing the worst crisis since the Great Depression.
Federal Deposit Insurance Corp. (FDIC) took control of the three banks: Affinity Bank …
Employers looking to hire next year
After last few disastrous months, things might finally get better in future. According to a new poll, it seems like employers will initiate hiring next year. Approximately, 14.5 million U.S. workers are unemployed currently.
Fifty percent of the employers from the poll said that they will hire employees for full-time position …
Twitter down due to Denial of Service (Dos) attacks
If you are a Twitter addict, you may have noticed that Twitter was down today (Thursday) morning. The reason for downtime was a DoS (Denial of Service) attack.
A DoS attack consists of sending more amount of traffic to a website or server than it can handle. Usually, such attacks are …
CIT Group avoids bankruptcy
A deal was struck between the directors of CIT Group and its important bondholders to avoid bankruptcy. CIT Group is a major lender to small businesses. Presently, CIT is in tremendous amount of debt and hopefully, this deal will provide them with some time to manage their business model.
CIT Group …
GE announces 1,200 new jobs in Michigan
Nowadays when jobs are being cut in every single sector, GE will be creating new jobs. GE’s CEO and chairman announced yesterday that GE will be creating 1,200 more jobs in Michigan. GE is building a center for manufacturing technology. Worth $100-million.
Michiganders can start applying for jobs next week. According …
American Airlines cuts 1,600 jobs
On Friday morning, a spokesman from American Airlines Inc revealed that 1600 jobs will soon be cut.
American Airlines, which is a part of Fort Worth, will cut 1,200 flight attendant positions, 300 airport services positions, 50 cargo service positions and 50 others. Cuts for flight attendant positions will mainly be …
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