If Hearst does not get huge concessions from the staff at The San Fransisco Chronicle and cannot find a buyer, it will close the paper. It does not matter that ... Read Full Story »
Google (GOOG) came very close to facing antitrust charges when it planned to partially marry its search system with Yahoo!'s (YHOO). With 65% of the US search market, analysts believe ... Read Full Story »
It would make sense that as businesses cut back on spending for PCs they would also cut back on the purchase of servers. One of the things computers and servers ... Read Full Story »
President Obama's speech to a joint session of Congress may be one of the best political speeches of the last few decades. It will certainly be remembered for its cadence, ... Read Full Story »
The federal government has a small operation called the Office of Thrift Supervision, which, among other things, keeps track of mortgage defaults. It defies common sense, but the agency says ... Read Full Story »
The largest systematic example of inertia since the planets began to orbit stars is the US economy. Its gigantic weight makes it hard to turn, either in the direction of ... Read Full Story »
According to Reuters, Obama set out his goals in an address before Congress. Reuters reports that UAW leaders are urging members to vote for the new Ford (F) contract. Reuters ... Read Full Story »
Markets in Asia were higher. The Nikkei rose 2.7% to 7,461. The Hang Seng was up 1.3% to 12,958. The Shanghai Composite rose .7% to 2,209. At the open in ... Read Full Story »