Business News

Weak Sales Spur Amazon To Slash Fire Phone Price (AMZN)

Weak Sales Spur Amazon To Slash Fire Phone Price (AMZN)

Due to the weak initial sales of the device, Amazon has decided to slash the price of the Fire phone to 99 cents with a two-year contract with AT&T, the exclusive carrier for the device. That is a price difference of nearly $200 from the time that the phone was […]

The Collapse Of The Ruble And Its Ripple Effects

The Collapse Of The Ruble And Its Ripple Effects

The Russian ruble had almost literally turned to rubble. Geopolitical crises, coupled with the accelerated fall in the second half of 2014, have crushed the ruble. Russia’s central bank has taken numerous steps to stabilize the plunging currency but have thus far failed in their efforts. The ruble’s collapse has […]