June, 2010

Texting at work not protected by law, says Supreme Court

Many people have tried texting while at work. The technology is ubiquitous in developed nations, and because many people spend the majority of their waking lives in the workplace, it stands to reason that there will be quite a few occasions when workers resort to texting at work, regardless of employer policy. The question of ...

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Citgo has bond sale fails and turns to bank loans

Given the BP oil spill disaster, it is no surprise that oil-refining company Citgo is having problems getting financing. By selling bonds, they wanted to raise $ 1.5 billion. However, the business they are in combined with the fact the company is "exposed" to Venezuela made this sale a flop. Now, the company is turning ...

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New home sales fall to record low in May after tax credit expires

New home sales fell to a record low as outlined by a report by the Commerce Department released June 23. A slide in new home sales statistics was expected after the home buyer tax credit expired at the end of April. But the 32.7 percent drop in May was a lot more than they thought ...

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U.S. Postal Service looking for vehicle replacement

Most of the autos that are iconic of the U.S. Postal Service are in desperate need of an emergency delivery. The cars were intended with a 24-year life cycle, and are simply getting old. $ 4.2 billion is what would be required to replace all of the vehicles. Is replacement the only option? Postal Service and ...

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Ken Griffey Jr retires from Mariners, baseball

Moments before the June 2, 2010, game against the Minnesota Twins, the Seattle Mariners announced the retirement of Ken Griffey Jr. It was a sudden decision, and Griffey caught numerous unaware with the announcement. The decision seems to are on his mind for a while, and he would rather call it a day ...

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