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Tag Archives | stock market

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More economic worries: Stocks take another dive

The stock market took a beating again today. Some dramatic swings in the market over the past few days. Worries about the country tumbling into another recession reportedly caused the market to plunge more than 500 points today. When the market closed stocks had gained some ground — ending the day down 419 points. More on the stocks and the economic fears, which have investors jittery and scrambling for cover here on Reuters.

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Biz Bits: Nasdaq hacked,Google hiring, NBC staffer fired over video

Hackers breach Nasdaq security The Internet is buzzing today about a report of a hacker attack on Nasdaq OMX Group, the company that runs the U.S. stock exchange and several others around the world. The Feds are investigating the computer intrusion — which occurred sometime last year. More about this on the Computerworld website. Google on a hiring spree The word is out. Google is hiring. Last week, the Internet search giant got flooded with more than 75,000 applications, according to a Los Angeles Times article. That’s a company... Read More →

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The stock market takes a historic dive

     The stock market made big news today, but not in a way that benefits the weak economy or nervous investors. For the first time in more than a decade, the Dow Jones industrials closed below 7,000 at 6,763.69. Today, the Dow dropped nearly 300 points!  MSNBC reports the Dow has lost half of its value since hitting a record high of 14,000 in October 2007. Stock experts are putting the blame for the market’s tumble today on fears the recession could be deepening and AIG. The struggling insurance giant announced... Read More →

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