INVESTMENT

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.

Microsoft Makes Skype Acquisition Official

Microsoft brings aboard Skype for $8.5 billion. With Skype, Microsoft is getting an established player in the increasingly competitive voice and video calling market. Skype has 170 million connected users and logged over 207 billion minutes of voice and video conversations in 2010.
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BBC Equities founder-chairman charged with wire fraud, arrested

John Bravata, the founder and chairman of BBC Equities, LLC, has been arrested at JFK International Airport and charged with wire fraud in connection with his solicitation of investor funds for BBC, which Bravata characterized as a real estate investment fund.
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Commodities Panic Subsides, Indians Rush to Buy Gold, Chinese Buy Silver on 31% Dip

Silver Bullion rallied from a drop below $34 per ounce, the fifth daily plunge running and some 31% below last Thursday's new three-decade high. Dollar prices to Buy Gold whipped in a $10 range Friday morning in London, trading up to $1488 per ounce - some 5.5% below Monday's record-high spike- as European equities and global commodities stemmed their losses.
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Commodity selling peters out but outlook cloudy

A sharp overnight selloff in commodities petered out on Friday, led by a small pullback in silver, while Asian equities clawed back up from the day's lows as market players squared positions before U.S. payrolls data.
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Oil slightly rebounds in Asia trade

Oil prices rose by 1.3 percent on Friday as a weakened dollar sparked a rebound, but economic data expected during the US market hours could force the commodity south.
Silver bars are displayed at the Austrian Gold and Silver Separating Plant 'Oegussa' in Vienna February 28, 2011

Silver crash: The COMEX margin trick and Soros rumors worked well

The silver price in US dollars experienced a very sharp fall back of over 30 percent within 4 days. The main trigger were extremely rare and aggressive margin hikes for COMEX futures, which helped to eliminate a large chunk of speculative positions on the metal.
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KKR earnings beat estimates, portfolio value up

Private equity firm KKR posted higher-than-expected quarterly earnings as the value of its private equity investments rose 6.5 percent and fee income increased, the company said on Wednesday.

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