Black and White Program

Posts from October 2012

Nobel economics prize awarded to Alvin E. Roth for practical applications of math theories

October 23rd, 2012 by Black and White Program Staff | Report

The 2012 Nobel economics prize has been awarded to Alvin E. Roth for his practical applications of mathematical theories. His work involves essentially matching up various players in the markets with each other for a more level playing field end result. These players are agents (buyers/sellers), donors/recipients, and schools/students. It is reported that his work […]


Jobless Claims rise again in the see-saw environment

October 19th, 2012 by John Eastman | Report

The number of workers filing applications for jobless benefits in the U.S. has risen again, although this statistics has been plagued by technical factors, causing distortion. Initial jobless claims (the measure of layoffs) were up by 46,000, to a seasonally adjusted 388,000, in the week ended Oct. 13, according to the U.S. Labor Department. In […]


Sprint sells to Japan’s Softbank Corp.

October 15th, 2012 by John Eastman | Report

A major shift in the telecom industry, one that could be an indication of more large-scale transactions to come, has been announced by Japan’s Softbank Corp and Sprint Nextel Corp.. Softbank announced its intent to purchase a 70% stake in Sprint Nextel Corp. for about $20 billion, in what is reportedly the largest overseas acquisition […]


Out of the gate for her first time, Mayer delivers for Yahoo

October 12th, 2012 by Steven Barnes | Report

Chief Executive Officer Marissa Mayer presented her turnaround strategy for Yahoo, while the company reported third-quarter profit and sales that topped analysts’ prior estimates. Revenue, excluding traffic and partner acquisition costs, was $1,089 million for the third quarter of 2012, representing a 2 percent increase compared to the third quarter of 2011. Operating income was […]


October 1st, 2012 by Black and White Program Staff | Report

Tesla announced last week that it was revising its previous forecast for automobiles delivered this year, of its Model S, to 200 to 225 cars in the third quarter and 2,500 to 3,000 in the fourth. The previous forecast was for 5,000 deliveries this year. The Model S, the company’s flagship product, has a starting […]