Big companies lost 30,000 jobs yesterday. Those are the public companies which had to come clean. Who knows how many jobs were lost at smaller companies. Businesses with under 100 ... Read Full Story »
More people in the oil industry and the services businesses that support it are going to be out of work soon. That is because crude dropped from $147 to under ... Read Full Story »
Oprah helped get Mr.Obama elected President. At the very least she brought him some remarkable national attention.The famous talk show host and celebrity may have also given the new Amazon ... Read Full Story »
These are the top pre-market analyst upgrades and positive calls we have seen so far this Friday morning:Burger King (BKC) Started as Buy at Citigroup.HNI Corp. (HNI) Raised to Neutral ... Read Full Story »
These are the top pre-market downgrades from Wall Street analysts this Friday morning:Berry Petroleum (BRY) Cut to Market Perform at Morgan Keegan.Bill Barrett (BBG) Cut to Market Perform at Morgan ... Read Full Story »
According to Barron's, one of the Wall St. analysts who follows Apple (AAPL) most closely has sharply cut his forecasts. "For the September 2009 fiscal year, Munster cuts his revenue ... Read Full Story »
People still keep Confederate Dollars. They have not been worth anything since 1864, but they are a nice collectors item and evoke memories of brother killing brother.Now, the State of ... Read Full Story »
When oil got over $140 a barrel, there were grave concerns that huge numbers of people could be put out of work. Airlines and auto companies could not afford high ... Read Full Story »
Boeing (BA) is moving up the list of worst managed US companies at lightning speed. It went through a nice long strike with its machinists, which it settled after two ... Read Full Story »
According to Reuters, car company executives went before Congress and pleaded for billions of dollars.Reuters reports that governments are bracing for a long crisis ahead. Reuters reports that Paulson says ... Read Full Story »
Markets in Asia were mixed. The Nikkei fell .1% to 7,918.The Hang Seng was up 2.1% to 13,790.The Shanghai Composite was up .7% to 2,019.At the open, the FTSE was ... Read Full Story »