INVESTMENT

Gold Rallies As Analysts Predict Euro Strugglers Will Go Bust

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The Dollar price of Gold on wholesale markets continued to rally Friday morning, rising as high as $1516 per ounce - less than 4% off this month's all-time high - before slipping back, while stock and commodity markets recovered some of Thursday's losses.

Dark days in Lisbon: Portugal sinks into recession

The Portuguese economy contracted for the second straight quarter, placing the debt-strapped country into another recession as the Lisbon government anxiously seeks to reduce spending and increase taxes.
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Apollo earnings up, in first report since IPO

Private equity firm Apollo Global Management LLC's first-quarter earnings rose fivefold from a year earlier as the value of its investments increased, in its first quarterly report since its March IPO.
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Best Art Degrees

If you want a degree in the arts, here are three degrees that are wise choices.

The rise and growth of Skype: A Baltic success saga

Microsoft CEO Steve Ballmer and Skype CEO Tony Bates jointly announced on Tuesday that the two companies have entered into a deal under which Microsoft will acquire Skype for $8.5 billion. Apart from creating value and emerging as a strategically important player in the voice and chat connectivity segment of the exploding web business, Skype also won real big time suitors like Microsoft, Google and Facebook. Perhaps the rivals' attempt to outbid each other and own Skype resulted in the Estoni...
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Skype's owners made $5 billion, 3 times money: source

Skype's owners, led by private equity firm Silver Lake, will make more than three times their investment - a total capital gain of more than $5 billion - on sale of the company to Microsoft Corp, a source familiar with the deal said on Tuesday.

GM Plans to Add More Than 4000 Jobs

General Motors (NYSE: GM) is planning to add or preserve about 4,200 jobs in eight states (including 2,000 in the Detroit area alone), according to a report in the Detroit Free Press newspaper.

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