America Turns into a Nation of Foolish Gamblers

As the American middle and lower classes continue their inexorable downward spiral into destitution and bankruptcy, Americans have caught the gambling bug big time. In the latest American gambling news, MGM Mirage is investing $5 billion in a new mega casino project in Atlantic City, which already has 11 casinos. MGM Mirage’s proposed multi-billion dollar […]

Infosys’ First Billion-Dollar Revenues Quarter

India’s software services darling Infosys Technologies reported its first billion-dollar revenues quarter. Infosys announced solid results Thursday for its fiscal second quarter with net profits growing 18.4% while revenues rose 19%. For the quarter ended September 30, 2007, Infosys’ net profit came in at Rs 1,100 crore on revenues of Rs 4,106 crore ($1.02 billion). North America […]