When Fisker Automotive announced it was laying off about two dozen workers at its Delaware factory, comparisons arose to Solyndra, the solar cell manufacturer that went bankrupt despite billions of dollars in U.S. government help.
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The 2012 surge in the stock market hasn’t been entirely positive for Wall Street traders, as investors put hundreds of small brokerage firms on death watch.
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When Fisker Automotive announced it was laying off about two dozen workers at its Delaware factory, comparisons arose to Solyndra, the solar cell manufacturer that went bankrupt despite billions of dollars in U.S. government help.
Read Original Post Here
The iPhone may be great for consumers, but takes a nasty toll on wireless carriers’ bottom line.
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The 2012 surge in the stock market hasn’t been entirely positive for Wall Street traders, as investors put hundreds of small brokerage firms on death watch.
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Facebook’s upcoming IPO will make founder and CEO Mark Zuckerberg a billionaire — but it will also stick him with an eye-popping tax bill that could reach as high as $2 billion.
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The iPhone may be great for consumers, but takes a nasty toll on wireless carriers’ bottom line.
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Four longtime Yahoo board members, including the chairman, are leaving the company.
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Facebook’s upcoming IPO will make founder and CEO Mark Zuckerberg a billionaire — but it will also stick him with an eye-popping tax bill that could reach as high as $2 billion.
Read Original Post Here
Fisker Automotive, the electric car company that received a half-billion dollars in Energy Department loan guarantees, announced layoffs at its Delaware production facility Monday.
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