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Entries from October 2012

RIM Continues to Fall in Global Market

October 2nd, 2012 No Comments

The technology company who once held a near-monopoly on the smartphone marketplace has taken another hit in the global market, falling 37 spots from 56th to 93rd in Interbrand’s annual list of best global brands. The fact that new Research in Motion products have been met with lukewarm response, such as the PlayBook, as well […]

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Greek Economy Continues to Shrink

October 1st, 2012 No Comments

Whatever the Greeks are doing, let’s do the opposite. The country notoriously close to economic failure doesn’t appear to be making a recovery any time soon. The draft budget was submitted to the Greek Parliament on Monday shows that the economy is predicted to contract a further 3.8% and unemployment expected to rise to an […]

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American Express Fined $112 Million for Unethical Proceedings

October 1st, 2012 No Comments

The massive credit card company American Express has been fined 112 million dollars to settle accusations from regulators that it was charging its customers with unlawful and unethical late fees and deceived them into paying off debts unnecessarily and buying new lines of credit without being obligated to do so. These fines for unethical proceedings […]

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