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February « 2008 « Unfortune

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Gold surges on economic uncertainty

Gold prices surged Friday as dollar weakness and a brutal selloff on Wall Street sent investors in search of a safe haven.

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Gold surges on economic uncertainty

Gold prices surged Friday as dollar weakness and a brutal selloff on Wall Street sent investors in search of a safe haven.

Filed under: Uncategorized No Comments

Gold surges on economic uncertainty

Gold prices surged Friday as dollar weakness and a brutal selloff on Wall Street sent investors in search of a safe haven.

Filed under: Uncategorized No Comments

The next Buffett

Retirement doesn't appear to be a priority for Berkshire Hathaway's 77-year-old chief executive, Warren Buffett.

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Dollar: It will only get worse

Despite all the pain the U.S. dollar has endured in recent days, the greenback may still have further to fall before seeing any sort of relief, according to currency experts.

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A temple of glass

Boutique hotelier Provenance Hotels opens its newest art-themed spot in March, Tacoma's Hotel Murano. FSB arranged a sneak peak at the hotel's glass art treasures.

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Ask May Dump Teoma For Google, Layoff 100 People

asklogo.jpgAsk is rumored to be considering switching to Google for search and subsequently downsizing its engineering team.

According to Silicon Alley Insider, Ask may abandon or selling its Teoma search engine in favor of using Google for its search results. Teoma has powered Ask since it was acquired in September 2001. The decision will result in “bad news for Ask Engineers.”

Paid Content puts the downsizing figure at 100 in April, although they note that the final decision on the switch to Google hasn’t been signed off on yet.

The decision to abandon Ask’s in-house search engine comes following a $100 million advertising campaign in 2007 that succeeded in growing Ask’s market share, but not to a significant level in the overall market. Google already provides Ask with its search ads through a recently renegotiated, five-year, $3.5 billion deal.

Information provided by CrunchBase

Crunch Network: CrunchGear drool over the sexiest new gadgets and hardware.

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UPS cuts $65M from 2007 earnings

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Behind Ross’ Bond-Insurance Bet

The billionaire investor is hoping his cash infusion will strengthen Assured Guaranty's position in the turbulent industry

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United check-in not so easy on Leap Day

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