Texas Instruments’ 2nd Quarter Profits Fall
July 20, 2009 by Mark Ellis
Filed under Business
Image: FlickrAlthough Toyota once operated the New United Motor Manufacturing Inc. auto-assembly plant as part of a joint venture with General Motors, GM’s bankruptcy forced it to pull out of the plant. This has left Toyota with the difficult decision regarding whether or not it should close the plant, especially after its CEO promised that it would not close any of its North America plants.
However, Toyota has announced that it will make the decision “quite soon,” depending on whether or not the plant will receive aid from California lawmakers, as well as on an analysis of the plant’s financial viability. …read more
Sprint Nextel to sell Parts of Cell Network
June 12, 2009 by Mark Ellis
Filed under Business
According to a statement released by Sprint Nextel Corp., the cellular giant plans to sell a significant portion of its cellular network in the Midwest as part of an Illinois court decision. As part of the deal, no customers will see any change in their service, and while Sprint’s financial situation will see a change, it looks to be minimal.
Nextel networks throughout Illinois, Iowa, Michigan, and Nebraska will eventually be sold by the company to any interested buyers. The sale came about as the result of a lawsuit from iPCS Inc., a Sprint affiliate, which claims that Sprint violated an …read more




