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Scandal Puts A Hurtin' On Baidu
You may have heard that China's number one search engine Baidu has been the subject of some scandalous accusations lately. As a result, stock has plummeted, and so have advertising revenues for the company.
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Technorati tag(s): online marketing
posted at: 12:06am on 29-Nov-2008 path: /Online_Marketing | permalink | edit (requires password)
U.K. takes a majority stake in RBS
EDINBURGH – The Royal Bank of Scotland Group plc (LSE, NYSE: RBS), the parent of Providence-based Citizens Financial Group Inc., today announced that the British government will take a majority stake in RBS after the bank’s attempt to raise capital by issuing new shares failed to attract sufficient public interest. “We regret that existing shareholders didn’t take up their preemptive rights,” said CEO Stephen Hester.
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Technorati tag(s): Rhode Island, Providence, New England
posted at: 12:06am on 29-Nov-2008 path: /Rhode_Island_USA | permalink | edit (requires password)
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