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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Apple slides 3%, briefly dips below $500

Category : Business, Stocks

The iPhone maker has reportedly cut orders for some components, raising fears that demand for the device is waning.

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Oil prices slide on economy fears

Category : Business, World News

Oil prices dropped to $98.06 in London – their lowest in 17-months on fears of waning economic growth in China.

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Is Google+ a Ghost Town, and Does It Matter?

Category : World News

A new study suggests that Google’s social network is a virtual ghost town, where user engagement is rapidly waning

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First Solar Addresses the Past, Future Still a Mess

Category : Business

NEW YORK (TheStreet) — The restructuring plan laid out by First Solar on Tuesday addresses the market reality that CEO Michael Ahearn encountered last December when he retook control of the solar company. What it can’t do is provide answers to the critical questions about First Solar’s strategy to succeed in coming years.

In making the decision to lay off 2,000 First Solar workers — 30% of the company’s headcount — and close down both its German operations and less efficient Malaysian manufacturing lines, First Solar merely provided one more reminder of where the solar industry left off at the end of 2011: In a situation defined by excessive capacity worldwide at a time of waning European subsidy markets.

“They are responding to 2011, not addressing what could still happen,” said Maxim Group analyst Aaron Chew.

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