Forget the $750 million rumors about the Tiger Woods - Elin Nordegren divorce settlement. The more likely, but still stupendous, figure is $100 million -- attorney fees not included. But that might not stretch as far as you'd expect.
Continue reading What Tiger Woods' Wife Could Do with a Divorce Settlement of $100 Million
What Tiger Woods' Wife Could Do with a Divorce Settlement of $100 Million originally appeared on DailyFinance on Fri, 02 Jul 2010 20:00:00.
Filed Under:
People
Stocks closed broadly lower Friday after the latest unemployment and factory reports added to the evidence supporting a sluggish U.S. recovery. Light volume going into the July 4th holiday weekend means next week's trading will be more telling.
Continue reading Stocks Limp to Losses on Weak Jobs and Factory Data
Stocks Limp to Losses on Weak Jobs and Factory Data originally appeared on DailyFinance on Fri, 02 Jul 2010 16:30:00.
Filed Under:
Economy,
Investing,
NYSE,
Video
The National Oceanic and Atmospheric Administration (NOAA) has updated its map of where the Gulf oil spill may be heading. And it appears the crude has a high chance of reaching South Florida, including the Florida Keys and Miami, according to computer model projections (see map).
Continue reading NOAA's Updated Oil Spill Map: Miami and South Florida Could Get Hit
NOAA's Updated Oil Spill Map: Miami and South Florida Could Get Hit originally appeared on DailyFinance on Fri, 02 Jul 2010 16:20:00.
Filed Under:
Energy,
Company News,
BP
A 20% plunge in the take for consoles and portable players weighed down overall U.S. video game industry sales, which fell 5% in May. The big drop was due to hardware's lower average prices, though unit sales were roughly flat.
Continue reading Sales of Video Game Consoles and Portable Players Dived in May
Sales of Video Game Consoles and Portable Players Dived in May originally appeared on DailyFinance on Fri, 02 Jul 2010 16:05:00.
Filed Under:
Microsoft,
Sony,
Nintendo
IBM's software company shopping spree continued this week with a deal to purchase BigFix, a top player in the red-hot IT security market. While the deal terms were not disclosed, the rumor is that the price tag for the privately held firm came to $400 million or so.
Continue reading IBM Locks Up a Deal for IT Security Firm BigFix
IBM Locks Up a Deal for IT Security Firm BigFix originally appeared on DailyFinance on Fri, 02 Jul 2010 15:02:00.
Filed Under:
Company News,
Technology,
IBM,
McAfee
The House of Representatives has passed the "SPILL Act," which -- if also passed by the Senate -- will allow families of men killed in the Deepwater Horizon accident to sue BP for normal damages. Under current maritime law, BP might get away with payments as low as $1,000 per death.
Continue reading Legal Briefing: House Acts to Aid BP's Widows and Orphans
Legal Briefing: House Acts to Aid BP's Widows and Orphans originally appeared on DailyFinance on Fri, 02 Jul 2010 13:50:00.
Filed Under:
Energy,
Columns,
Health Care,
BP
Intel co-founder Andy Grove wants to induce U.S. firms to rebuild the nation's manufacturing base and boost our employment. So, he proposes a tax on companies that send jobs offshore. It's an intriguing idea, but it needs lots of work.
Continue reading Should the U.S. Tax Companies for Shipping Jobs Overseas?
Should the U.S. Tax Companies for Shipping Jobs Overseas? originally appeared on DailyFinance on Fri, 02 Jul 2010 12:53:00.
Filed Under:
Economy,
People,
Intel,
Apple,
Starbucks,
Taxes
The House passed a bill extending unemployment aid to millions whose benefits have expired or will soon. But GOP senators continue to block the measure, with some claiming aid is a disincentive to find work. Does that argument make sense?
Continue reading Would Extending Jobless Aid Make Unemployment Worse?
Would Extending Jobless Aid Make Unemployment Worse? originally appeared on DailyFinance on Fri, 02 Jul 2010 12:00:00.
Filed Under:
Economy,
Careers
An unexpectedly high 1.4% decline in May factory orders capped a difficult week for the U.S. economy. Many analysts are worried that recent data for job creation, jobless claims and home sales all indicate that domestic growth is slowing.
Continue reading May's Drop in Factory Orders Adds to the Slowdown Scenario
May's Drop in Factory Orders Adds to the Slowdown Scenario originally appeared on DailyFinance on Fri, 02 Jul 2010 11:15:00.
Filed Under:
Economy
AVT has been accused of supplying former Mets outfielder Lenny Dykstra with over $250,000 to promote its shares on TheStreet.com and provide access to the site's founder and "Mad Money" host Jim Cramer. Now ATV is fighting back.
Continue reading Jim Cramer, Lenny Dykstra Debacle Leads to Libel Suit
Jim Cramer, Lenny Dykstra Debacle Leads to Libel Suit originally appeared on DailyFinance on Fri, 02 Jul 2010 11:14:00.
Filed Under:
People,
Investing,
Stock Picks