Originally published on Mon March 25, 2013 3:06 pm
Goldman Sachs on Monday downgraded BlackBerry after a disappointing launch for the company's new smartphone, the Z10.
The Wall Street Journal reports that Goldman slashed its investment rating on the Canada-based company — formerly known as Research in Motion, or RIM — to neutral from buy, citing weak support for the new product.
Tiger Woods is back on top. With his victory at the Arnold Palmer Invitational at Bay Hill, Woods is now ranked the No. 1 player in the world.
As The Washington Post explains, this is the first time Woods is at the top since both his personal life and his professional life crumbled following a 2009 cheating scandal that ended in divorce and a plummet from the top of the golf world.