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  • 15 Top Payday Lenders Cease Trading to Avoid Investigation

    After launching an investigation into the practices of some of the country’s biggest payday lenders, the Office of Fair Trading has prompted 15 payday lenders to close their doors. 15 high-interest lenders shut down after being given 12 weeks to show that they were operating within the law and not using unethical lending tactics. The…

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  • july-31-02

    BP Warns of Weak Earnings as Gulf Oil Spill Claims Come In

    BP has warned its investors that profits are likely to decline for the coming months as claims related to the 2010 Deepwater Horizon continue to come in. After setting aside $20 billion to repay Gulf Coast businesses affected by the disaster, BP claims that it has only $300 million left in its oil spill compensation…

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  • july-31-01

    Facebook Closes in on IPO Price Due to Improved Earnings

    After a rocky start, Facebook appears to have found a revenue model that makes it one of the digital world’s top performers. Facebook (NASDAQ:FB) announced some excellent second-quarter earnings recently, with revenues of $1.81 billion – over 10 percent more than analysts had predicted – impressing the company’s investors. Facebook was widely thought of as…

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