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Air Canada Preps Strike Backup Plan

Air Canada has said it has contingency plans in place to maintain its full flight schedule, supported by hundreds of managers and non-union staff at nine major Canadian airports.
Traders work on the floor of the New York Stock Exchange

US Stocks a Tremendous Buy, But Not Yet: Levy

David Levy, chairman of the Jerome Levy Forecasting Center, believes in the future of America. He thinks the economy will not only fully recover but also improve its position on the global stage from its current slump.

Wal-Mart offers iPhone 4 at just $147 till June 30

Following the 2011 WWDC, Apple-lovers will have another reason to be excited over as multinational retailer; Wal-Mart has offered a staggering discount of $52 discount over the regular price on the 16 GB iPhone 4.
Email Scam

MasterCard, Visa: Regulatory Overhang Causes Stock Price Weakness

As Congress rejected a delay in the implementation of debit card regulations for further study, RBC Capital Markets anticipates near term weakness in the shares of MasterCard Inc. (NYSE: MA) and Visa Inc. (NYSE: V) as it believes the consensus was for the delay to be approved.
Cigarettes

Untaxed cigarettes cause $2 billion loss

There is no need to lay off teachers or firefighters or to close fire houses, as proposed earlier by New York's city council in order to save revenue. The answer lies simply within the lawful collection of tax on 40 million cartons of untaxed cigarettes sold by Indian Reservations, internet, and other illegal sources, which equates to $2 billion dollars in lost revenue per year.
Amazon Kindle

Kindle to Generate $5.48 bln Revenue in 2011 for Amazon: Analyst

Caris & Co. said Kindle is a multi-billion dollar opportunity for Amazon.com Inc. (NASDAQ: AMZN). Kindle can generate revenue in excess of $5.48 billion and $1.20 billion in gross profit in 2011, while the brokerage expects at least $8.64 billion in revenue and $2.11 billion in gross profit by 2012.

Buy Gold and Silver on Dips: Jim Rogers

Jim Rogers doesn’t care if silver continues to go down. In fact, he would love it if that happened because he would be able to buy them for cheaper, he said on CNBC.
Workers walk at Rumaila oilfield in Basra, 420 km (260 miles) southeast of Baghdad

OPEC meeting fails, Saudi defiant

On Wednesday, an OPEC meeting ended with a failure to reach any agreement to increase oil production. Oil prices immediate jumped due to supply shortage concerns.

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