Wednesday, August 3, 2011

Twitter lands major new funding round

Twitter lands major new funding round: "Twitter has landed a major influx of cash to help it expand: The five-year-old social media company said Monday that it has just wrapped up a 'significant' funding round led by venture firm DST Global."

Ford EcoBoost: The little engine that could

Ford EcoBoost: The little engine that could: "In a little-noticed development recently, Ford announced that it had received EPA certification for a new engine in its best-selling Explorer."

MetroPCS stock plunges 30% as sales slow

MetroPCS stock plunges 30% as sales slow: "MetroPCS Communications suffered a dramatic stock plunge on Tuesday after the wireless provider issued an earnings report that fell short of expectations."

Most-stolen cars: Old Hondas

Most-stolen cars: Old Hondas: "Honda and Toyota cars have long been popular with car buyers and they remain popular with car thieves, too."

Social Security checks are on their way

Social Security checks are on their way: "Social Security recipients can breathe a sigh of relief."

Why Honda is hurting

Why Honda is hurting: "For years, Honda has been considered the ultimate playground of engineers. They rode to work on their Honda motorcycles and got to explore speculative projects like jet airplanes and humanoid robots. With a long list of technical achievements dating back to the CVCC engine of the 1970s (it produced a clean exhaust without a catalytic converter), they were rightly proud of their heritage and enjoyed an elite status within the company."

Apple, not oil, fuels Alaska's bonanza

Apple, not oil, fuels Alaska's bonanza: "A $73.5 million investment in shares of Apple Inc. is now worth $207 million."

Analysis: Obama suffers political setback in deal

Analysis: Obama suffers political setback in deal: "WASHINGTON (Reuters) - President Barack Obama suffered a defeat in the battle over raising the U.S. debt limit that may have repercussions for his efforts to restore growth to the U.S. economy and win re-election in 2012.


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Comcast profit up on Web subscribers, NBCU ad sales

Comcast profit up on Web subscribers, NBCU ad sales: "NEW YORK (Reuters) - Comcast Corp posted a rise in quarterly earnings on Wednesday as it added more Internet and phone customers and was boosted by strong ad sales at its NBC Universal joint venture.


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MasterCard profit jumps 33 percent

MasterCard profit jumps 33 percent: "CHARLOTTE, North Carolina (Reuters) - MasterCard Inc's second-quarter profit rose 33 percent, beating Wall Street estimates, as the company processed more card transactions and revenue increased.


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Comcast renames Versus to NBC Sports Network

Comcast renames Versus to NBC Sports Network: "Versus is history.
NBCUniversal announced Monday that it is renaming Versus, Comcast’s ratings-challenged 24-hour sports channel, the NBC Sports Network in January 2012. Versus has had major operations at the Comcast Center in Philadelphia but is now under the control of NBC Sports in New York."

Area banks generally see Q2 profit gains

Area banks generally see Q2 profit gains: "Despite persistent economic weakness here and nationally, most publicly traded local banks gained strength in the second quarter, with higher profits and continued progress in eliminating troubled loans from their books."

PhillyDeals: Ecospan of Calif. opening operations center near Exton

PhillyDeals: Ecospan of Calif. opening operations center near Exton: "California-based Ecospan, which says it has developed technology for turning organic waste into clear plastics - "compostable," though not "biodegradable," under U.S. guidelines - has leased 20,000 square feet at 753 Springdale Dr. in Whitelands Park near Exton, for its East Coast operations center and research lab."

Parx is only casino with child-abandonment problem

Parx is only casino with child-abandonment problem: "For all its success, Parx Casino in Bensalem has a problem it can't seem to shake: Negligent adults going in to gamble and leaving children alone in vehicles."

For car dealers, Facebook draws fans, but not sales

For car dealers, Facebook draws fans, but not sales: "Who "likes" a car dealership on Facebook?
Well, 415 people do, according to Millevoi Bros. Auto Sales & Service's fan page."

Unlike the nation, the Phillies get it done

Unlike the nation, the Phillies get it done: "As politicians waged their debt-ceiling cage match over America's battered finances this weekend, weary Philadelphians got their very own stimulus package from Phillies general manager Ruben Amaro Jr."

PhillyDeals: Liberty Property Trust betting its money on warehouses

PhillyDeals: Liberty Property Trust betting its money on warehouses: "Malvern business landlord Liberty Property Trust, which has developed two generations of the tallest buildings in Philadelphia - Liberty Place and Comcast Center - said in its second-quarter report last week that it has continued selling office buildings and small-market properties, as well as stocking up on warehouses."

Driver's Seat: Jeep Wrangler Unlimited Rubicon 4x4: Dinosaur with a thirst for gas

Driver's Seat: Jeep Wrangler Unlimited Rubicon 4x4: Dinosaur with a thirst for gas: "2011 Jeep Wrangler Unlimited Rubicon 4x4: Jeep's answer to the Hummer H2. But did anyone ask the question?
Price as Tested: $37,175 (Base price: $32,745)."

China lowers U.S. credit rating

China lowers U.S. credit rating: "Despite the U.S. avoiding default, China's leading credit rating agency has downgraded U.S. sovereign debt after putting it on negative watch last month.




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