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Avis buying Zipcar in deal worth nearly $500M

Avis is buying Zipcar for $491.2 million, expanding its offerings from traditional car rentalsto car sharing services. Car sharing has become a popular alternative to traditional rentals in metropolitan areas and on college campuses, allowing members to get a vehicle quickly for short trips. Zipcar, which was founded in 2000, […]

How Stocks Beats Bonds and Commodities in 2012

When it’s midnight and there’s no one around to kiss, you take what you can get. Your editor has always employed this strategy on New Year’s Eve. Looking back on 2012, it looks like investors adopted pretty much the same strategy: take whatever you can get to beat currency debasement […]

President Jonathan’s New Year Message to Nigerians

Full Text of the President Jonathan’s New Year’s message Fellow Nigerians, 1. I greet and rejoice with you all as we celebrate the advent of a new year. 2. I join you all in giving thanks to God Almighty for bringing us and our beloved nation safely through the past […]