Today 29 October in Business History

1911 Joseph Pulitzer American newspaperman, dies in Charleston, SC
1957 Louis B Mayer MGM producer, dies at 71
1904 1st intercity trucking service (Colorado City & Snyder, Texas)
1929 "Black Tuesday," Stock Market crashes triggers "Great Depression"

Today 27 October in Business History

1904 World's 1st subway, the IRT (Interborough Rapid Transit), opens in NYC, subway/bus fare is set at one nickel
1920 Westinghouse radio station in East Pittsburgh, KDKA begins
1938 DuPont announces its new synthetic fiber will be called "nylon"
1967 Expo '67 closes in Montreal, Canada
1969 Ralph Nader sets up a consumer organization known as Nader's Raiders
1988 Larry Flynt paid hitman $1M to kill Hefner, Guccione & Sinatra

Calamos Asset Management

Calamos Asset management today reported third quarter 2010 results, including revenues of $78.4 million and operating income of $30.6 million. Income before income taxes was $34.2 million for the current quarter. The company's net income of $4.7 million and diluted earnings per share of $0.23 reflect the public ownership interest of 21.67% of the investment management business. The remaining ownership interest of 78.33% is attributed to the Calamos principals. At September 30, 2010, assets under management totaled $32.6 billion.

Additionally, the company declared a regular quarterly dividend of 7.5 cents per share payable on November 24, 2010 to shareholders of record on November 9, 2010.

Is Apple Buying Sony

Shares of Japanese electronics manufacturer Sony rose as much as 3% on Tuesday in Japan on rumors it could be a potential acquisition target of Apple.

Apple has confessed to having a cash hoard of $51Billion. With Apple sitting on that pile of money expect it be associated with every vulnerable technology company.

Today 26 October in Business History

1905 1st Soviet (workers' council) formed, St Petersburg, Russia
1941 US savings bonds go on sale
1949 Pres Truman increases minimum wage from 40› to 75›
1958 PanAm flies the 1st transatlantic jet trip-NY to Paris
1988 Donald Trump bills Mike Tyson $2,000,000 for 4 month advisory service

Car Leasing Vs Buying

Leasing a car is just like leasing a home. Cars are leased for a certain period of time or on the terms of the contract signed. A minimal payment is done every month and at the end of the contract you can look for different models or renew your old contract.. The options are all yours, but you have to be aware that the car will not be yours.

When you buy a car the car is all yours. Once you pay of the auto loan you can proudly claim it as your own.

Today 25 October in Business History

1930 1st scheduled transcontinental air service began
1960 1st electronic wrist watch placed on sale, NYC
1971 Roy Disney dedicates Walt Disney World