AOL (AOL) recently acquired Huffington Post for $315 million, which is another one in the series of acquisitions that AOL has done since its spin-off with Time Warner (TWX) in December 2009. Since its spin-off, AOL has struggled to grow its advertising business. AOL’s revenues from the U.S.
The markets are seemingly in a state of Nirvana. The economy is growing just strong enough to avoid a decline, but not so strong that the Fed will tap the brakes (goldilocks). And for the first time in awhile, there's no obvious threat from abroad (China and Europe are not perceived to be particularly worrisome at the moment).
Fireworks shows aren't nearly as big as they were just a few decades ago, and that's not just your imagination. Co.DESIGN reports that fireworks are actually shrinking, and blames urban sprawl and tightening regulations on the changes.